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White House promotes $1 Trump Coin amid $3.81B losses for TRUMP memecoin holders

Market News
16 Jul 2026
Bitcoin
View Source
Bearish
pluang ai news

The White House released a video promoting a physical $1 "Trump Coin" commemorating America's 250th anniversary, causing brief confusion with the TRUMP memecoin, a Solana-based crypto token. Nearly 989,000 of the 1.48 million TRUMP token wallets are currently at a combined loss of $3.81 billion, with the token trading 97% below its peak. The commemorative coin, made of non-precious metals, will be minted in Philadelphia this fall, unrelated to the crypto asset. Meanwhile, scrutiny continues over President Trump's crypto earnings, including royalties from the TRUMP memecoin, which generated over $635 million in 2025 for Trump-linked entities.

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