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Cryptocurrency price latest: Around 600,000 wallets have lost nearly whopping $4 billion so far in President Donald Trump's $TRUMP meme coin, claims report
Cryptocurrency price latest: Around 600,000 wallets have lost nearly whopping $4 billion so far in President Donald Trump's $TRUMP meme coin, claims report

Economic Times

time13-05-2025

  • Business
  • Economic Times

Cryptocurrency price latest: Around 600,000 wallets have lost nearly whopping $4 billion so far in President Donald Trump's $TRUMP meme coin, claims report

$TRUMP coins' current market value is $2.74 billion. About 600,000 other wallets have lost $3.87 billion so far, with $117 million of losses occurring after Trump announced the dinner on social media Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads FAQs Buyers of U.S. President Donald Trump 's $TRUMP meme coin have reportedly made gains but not all, according to a the $TRUMP meme coin launch three days before the president's inauguration, more than 60 large wallets have profited close to $1.5 billion, with $48 million in profits occurring after the April dinner announcement, according to reviews by Inca Digital and crypto analytics tracker Bubblemaps as of May least two of the largest investors in the $TRUMP contest have made profits in excess of $10 million each, Inca Digital found, while 15 investors have made more than $1 about 600,000 other wallets have lost $3.87 billion so far, with $117 million of losses occurring after Trump announced the dinner on social media, Bubblemaps found. The purchases were on the secondary market, meaning Trump's family collected relatively small amounts of fees, Reuters coins surged to $75 after Trump announced them over his Inauguration weekend before falling to a low of $7.50. On Sunday, $TRUMP was trading around $ current market value of all $TRUMP coins is $2.74 billion. A company controlled by the Trump family and a second firm together hold 80 per cent of the remaining supply of the meme coins, which are advertised with an image of the president raising his fist in reference to his July assassination far, the entities behind the Trump coin have earned $320.19 million in fees, including at least $1.35 million after the dinner announcement, according to blockchain analytics firm $TRUMP meme coin is part of the Trump family's growing array of crypto ventures including the trading platform World Liberty Financial, Trump Media & Technology Group's new crypto ETFs, a crypto mining operation, American Bitcoin, and a stablecoin pegged to the U.S. dollar called USD1.A1. President of USA is Donald Trump.A2. The coins surged to $75 after Trump announced them over his Inauguration weekend before falling to a low of $7.50. On Sunday, $TRUMP was trading around $14.

Cryptocurrency price latest: Around 600,000 wallets have lost nearly whopping $4 billion so far in President Donald Trump's $TRUMP meme coin, claims report
Cryptocurrency price latest: Around 600,000 wallets have lost nearly whopping $4 billion so far in President Donald Trump's $TRUMP meme coin, claims report

Time of India

time12-05-2025

  • Business
  • Time of India

Cryptocurrency price latest: Around 600,000 wallets have lost nearly whopping $4 billion so far in President Donald Trump's $TRUMP meme coin, claims report

Live Events FAQs (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Buyers of U.S. President Donald Trump 's $TRUMP meme coin have reportedly made gains but not all, according to a the $TRUMP meme coin launch three days before the president's inauguration, more than 60 large wallets have profited close to $1.5 billion, with $48 million in profits occurring after the April dinner announcement, according to reviews by Inca Digital and crypto analytics tracker Bubblemaps as of May least two of the largest investors in the $TRUMP contest have made profits in excess of $10 million each, Inca Digital found, while 15 investors have made more than $1 about 600,000 other wallets have lost $3.87 billion so far, with $117 million of losses occurring after Trump announced the dinner on social media, Bubblemaps found. The purchases were on the secondary market, meaning Trump's family collected relatively small amounts of fees, Reuters coins surged to $75 after Trump announced them over his Inauguration weekend before falling to a low of $7.50. On Sunday, $TRUMP was trading around $ current market value of all $TRUMP coins is $2.74 billion. A company controlled by the Trump family and a second firm together hold 80 per cent of the remaining supply of the meme coins, which are advertised with an image of the president raising his fist in reference to his July assassination far, the entities behind the Trump coin have earned $320.19 million in fees, including at least $1.35 million after the dinner announcement, according to blockchain analytics firm $TRUMP meme coin is part of the Trump family's growing array of crypto ventures including the trading platform World Liberty Financial, Trump Media & Technology Group's new crypto ETFs, a crypto mining operation, American Bitcoin, and a stablecoin pegged to the U.S. dollar called USD1.A1. President of USA is Donald Trump.A2. The coins surged to $75 after Trump announced them over his Inauguration weekend before falling to a low of $7.50. On Sunday, $TRUMP was trading around $14.

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