Nearly one million investors have lost approximately $3.8 billion after purchasing US President Donald Trump's cryptocurrency, according to a report by analytics firm Nansen.
The report revealed that the number of investment wallets recording losses reached 988,900 by the end of June, representing roughly two-thirds of all buyers of the coin.
The Trump meme coin was trading at $1.69 on Sunday, down nearly 98% from its all-time high of $75.35 reached shortly after its launch in early 2025.
According to the report, a small number of early investors benefited from the rapid price surge at launch, booking combined profits of close to $4 billion, while the majority of retail investors bore the losses following the price collapse.
Meanwhile, Trump's annual financial disclosure revealed that he made $636 million from his coin, representing a significant portion of his approximately $1.4 billion in earnings from cryptocurrency activities over the past year.