Fortune July 07, 2026 • 19:34

Nearly 1 million investors in Trump's memecoin lost a collective $3.8 billion as he cashed in - Fortune

By Marco Quiroz-Gutierrez

Nearly 1 million investors in Trump's memecoin lost a collective $3.8 billion as he cashed in - Fortune

The president launched the $TRUMP coin just before his inauguration last January.

President Donald Trump has raked in hundreds of millions of dollars from his signature cryptocurrency while his supporters have largely been left holding the bag, according to a report.Of the 1.48 mi… [+3740 chars]

More from Fortune