WASHINGTON, July 5, 2026, 09:05 EDT
- Nearly 989,000 $TRUMP wallets show a $3.81 billion loss, according to Nansen. Meanwhile, 492,285 wallets are up $4.04 billion.
- Trump’s reported $636 million connected to the coin works out to $643 per losing wallet. That’s close to 2.7 times the total net gain tracked in buyer wallets.
- The token changed hands around $1.72 on Sunday, giving it a market cap near $408 million. Trading volume over 24 hours was about $157 million, according to .
Trump’s $TRUMP coin left tracked buyers with about $236 million net gains, based on Nansen wallet-level data. His own annual disclosure showed $636 million in income from the coin. So the promoter take was nearly 2.7 times the net investor gains, buried in the boom-bust numbers.
The losses hit a wide group. Data from Nansen in recent reports pointed to 988,905 wallets in the red by the end of June. That’s about two-thirds of wallets that bought the token. The total counts both sellers who locked in a loss and holders showing paper losses. Based on the numbers, the average wallet was down around $3,850. Trump’s reported $636 million is about $643 per losing wallet.
| $TRUMP outcome | Reported figure | Article calculation |
|---|---|---|
| Losing wallets | 988,905 | 66.8% of buyer wallets tracked |
| Losses in losing wallets | $3.81 billion | Roughly $3,850 lost per wallet |
| Winning wallets | 492,285 | Roughly 1 winner per 2 losers |
| Gains in winning wallets | $4.04 billion | Around $8,200 per winning wallet |
| Net buyer balance | About $236 million | Trump’s $636 million is about 2.7x this |
| Trump disclosed income from coin | About $636 million | About 16.7% of total losses |
OFFICIAL TRUMP is still trading, with Binance showing a price of $1.72. Market cap sat at $407.8 million, with 24-hour volume at $156.6 million. The token’s all-time high was $75.35. At Sunday’s price, that’s a drop of roughly 97.7% from the top.
| Market measure | Latest cited value | Investor read |
|---|---|---|
| Price | $1.72 | Token is stuck around post-bust prices |
| Market cap | $407.8 million | Loss pool exceeds current market value by over 9x |
| 24-hour volume | $156.6 million | Volume came to about 38% of market cap |
| Circulating supply | 237.4 million | That’s under a quarter of the max supply |
| Max supply | 1 billion | Potential supply overhang still an issue |
| Fully diluted value | $1.7 billion | Not even half of the posted loss pool |
The site shows CIC Digital LLC, linked to the Trump Organization, and Fight Fight Fight LLC together hold 80% of Trump Cards. Their stake is locked up for three years. CIC Digital, along with Celebration Cards LLC, which owns Fight Fight Fight, are set to get trading fees from Trump Meme Cards.
The setup puts weight on turnover. Even if a token like $TRUMP drops, linked entities can keep getting paid as long as trading stays active. But for investors, it’s not about whether $TRUMP bounces for a couple days. The real issue is whether new buyers step in to soak up unlocks and cover losses that now dwarf the market cap.
$TRUMP isn’t the only Trump-themed crypto feeling the pain. Data from Nansen via CoinDesk showed World Liberty Financial’s WLFI token had big numbers in the red—22,715 out of 26,663 wallets underwater, so about 85%. Holders have lost $83 million versus $23 million in gains. WLFI was trading close to $0.056, more than 80% off highs, with its market cap at $1.8 billion.
Some market pros say the disclosure could slow crypto efforts in Washington. Dan Weiskopf, portfolio manager at Tidal Financial Group, told Business Insider the filing was “adding fuel for the skeptics.” Daniel Newman, CEO of The Futurum Group, said the gains were “not from appreciation but from token issuance.” Ross Gerber, a wealth manager, called the memecoin moves “a straight up grift of his own supporters.” Business Insider
The White House and Trump’s chief economic adviser pushed back on reports of conflict. Treasury Secretary Scott Bessent told CBS News he doesn’t see an “appearance problem” and described the administration as an “innovation presidency.” White House spokesperson Anna Kelly also told CBS there are “no conflicts of interest.” CBS News
Trump told CNBC, as reported by ABC News, he wasn’t aware of the ventures and said, “there’s nothing illegal, there’s nothing wrong with it.” Trump said he doesn’t run his business anymore, saying, “My kids run it.” ABC News
Political risk is on the radar now. Senator Kirsten Gillibrand renewed calls July 3 to ban elected officials and their spouses from issuing or backing digital assets, after reports showed Trump’s $636 million in memecoin income was his biggest income source in 2025. “Public officials and their spouses should not be issuing memecoins,” Gillibrand said. gillibrand.senate.gov
The U.S. Office of Government Ethics said June 30 that Trump’s certified annual financial disclosure is out. Investors now have a formal report to stack up against data showing blockchain losses. The $3.81 billion pool of losses is more than nine times what the token is worth now.
