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TechCrunch·3 min read·medium

Trump memecoin investors lost $3.8 billion, analysis finds

A
Anthony Ha
Trump memecoin investors lost $3.8 billion, analysis finds
AI Summary

A Nansen analysis reveals that nearly 1 million investors lost a combined $3.8 billion in the $TRUMP memecoin. The report highlights that the coin's value plummeted 98% from its peak, even as President Trump disclosed significant personal earnings from the asset.

Nearly 1 million people have lost a total of $3.8 billion after buying President Donald Trump’s $TRUMP memecoin, according to cryptocurrency analytics firm Nansen.

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