While Trump made 1 trillion won from his coin... 990,000 retail investors lost 5.8 trillion won

While Trump made 1 trillion won from his coin... 990,000 retail investors lost 5.8 trillion won

A small number of early investors in the $TRUMP memecoin struck it rich... 500,000 people gained a total of 6 trillion won

It has been tallied that nearly 1 million people who bought Donald Trump's US presidential memecoin ($TRUMP) suffered losses, with total losses amounting to $3.81 billion (5.83 trillion won).

On the 4th (local time), the American daily New York Times (NYT) reported this, citing a report from cryptocurrency analysis firm Nansen.

According to the report, as of the end of June this year, approximately two-thirds of Trump memecoin buyers, or 988,905 people, incurred losses.

This figure is based on the number of cryptocurrency wallets and includes unrealized losses recorded on paper for coins that have not yet been sold.

The number of investors who made profits from Trump memecoins was just under 500,000, and their total profits were approximately $4 billion (6.1 trillion won).

As of the 3rd, the coin was trading at $1.76, a 97% drop from its peak of $75.35.

Nansen's report explained about the Trump memecoin: "It reflects that while a small number of early buyers reaped massive profits, a large number of widespread individual investors bore the losses."

The figures in Nansen's report were calculated after President Trump's annual financial report was released through the U.S. Office of Government Ethics (OGE) on the 30th of last month.

According to Trump's financial report, President Trump earned $636 million (972.4 billion won) from his Trump memecoin bet last year.

'$TRUMP', promoted on its website as "the only official Trump memecoin," was launched on January 17, 2025, three days before President Trump's second inauguration, and Trump, then President-elect, announced it via social media X and Truth Social.

The NYT pointed out, "President Trump profited whether his memecoin price went up or down. He used his Truth Social account to promote the coin, repeatedly encouraged his followers to trade, and earned a profit every time someone traded the token."

Trump, his family, and close associates also profited from other cryptocurrency ventures besides the Trump memecoin.

President Trump had previously been skeptical of cryptocurrencies but changed his stance when he ran for president in 2024.

He and his sons, along with other partners, founded a cryptocurrency startup called 'World Liberty Financial' (WLFI) in 2024 and began selling a coin called '$WLFI', which also later saw its price plummet.

According to Trump's financial report, Trump's total profit from World Liberty Financial last year amounted to $799 million (1.22 trillion won).

This included hundreds of millions of dollars from the United Arab Emirates (UAE) side, which secretly moved to buy nearly half of the company's shares in early 2025.

In the case of the $WLFI coin, one of Trump's businesses was set to take 75% of the sales after deducting certain costs.

In other words, there was a mechanism in place to ensure Trump would profit even if the coin's price eventually plummeted.

Currently, the $WLFI coin trades at $0.057, having fallen 82% since September last year.

Combining the Trump memecoin business's $636 million (972 billion won) and the WLFI business's $799 million (1.22 trillion won), the Trump family's earnings from cryptocurrency-related businesses in 2025 amount to $1.435 billion (2.19 trillion won).

Including this, the total money President Trump earned from his businesses last year reached $2.2 billion (3.36 trillion won).

Anna Kelly, White House Deputy Press Secretary, said in a statement sent to the NYT after the release of Trump's financial report on the 30th of last month, "President Trump proudly made America the cryptocurrency capital of the world," and "All actions by President Trump and his administration are taken in the best interest of the American people."

A representative for the Trump memecoin business did not respond to a request for comment.

David Waxman, a spokesperson for WLFI, claimed that the responsibility for the plummeting value of the $WLFI coin lies with broader market conditions that dragged down the prices of Bitcoin and other cryptocurrencies.