Trump's memecoin generated $636 million for him but caused nearly 1 million buyers to lose a combined $3.81 billion, according to blockchain data and his 2025 financial disclosures. The token's value has dropped about 97% from its peak, with most retail investors losing money while early traders profited. This has led to political scrutiny, with calls for stricter ethics rules in crypto legislation, as Trump promoted the coin heavily during his presidency. The controversy highlights risks for retail investors and ongoing debates over crypto regulation in the U.S.
Cryptocurrency markets display varied price changes, with Bitcoin trading above $60,000 and Ethereum around $1,615. Several altcoins such as Solana (SOL) and Cardano (ADA) show significant gains of over 5%, indicating selective investor interest. Sta...
Donald Trump disclosed earning over $1 billion from cryptocurrency ventures, mainly through World Liberty Financial and the $TRUMP memecoin. This highlights crypto's growing role in his business, surpassing real estate. The news has positively influe...
