Hunter Biden said on Tuesday that his official memecoin symbolizes “resilience and redemption” and is meant to compensate users who lost money on the Official Trump (CRYPTO: TRUMP) token.
Biden Converting Infamous Laptop Into a TokenHunter Biden confirmed in an X post that he is launching LAPTOP coin, referencing the controversy surrounding his personal laptop recovered in 2020. The laptop contained messages detailing his foreign business transactions and explicit photos,
“The symbol they used to try to end me is now a symbol of resilience, redemption, and recovery,” said the son of former President Joe Biden. “They turned laptop into a weapon. I turned it into a token.”
What’s the Purpose of LAPTOP?Biden said he understands the “cynicism” around memecoins, noting that holders of President Donald Trump’s official token have lost a combined $3.81 billion.
“Trump has broken trust in everything he’s ever touched. And his token was no exception,’ he added.
Hunter Biden said that 20% of LAPTOP would be airdropped to the community, including people who lost money on the “TRUMP grift.”
In addition, 30% of the total supply is allocated to a pre-programmed burn mechanism triggered by specific world events, while a further 50 million tokens are set aside for charity allocations.
Hunter Biden urged people not to expect him to make the token more valuable for them, adding, “LAPTOP isn’t just about owning something; it’s about saying something.”
‘Do Not Buy It’Meanwhile, on-chain detective Stephen Findeisen, better known as “Coffeezilla,” criticized Hunter Biden for launching a memecoin and advised against buying it.
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LAPTOP set to debut on Wednesday on Base, a Layer 2 blockchain developed by Coinbase Global Inc. (NASDAQ:COIN),
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Lately, Hunter Biden has shown growing interest in cryptocurrency, accepting Bitcoin for his artwork and issuing blockchain-based certificates of authenticity.
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Hunter Biden, kendi meme coin projesi LAPTOP token için planını kamuoyuyla paylaştı. Base ağında işlem görmeye başlaması planlanan token için arzın yüzde 20’sinin topluluğa dağıtılacağı açıklandı. Dağıtım kapsamında Official Trump (TRUMP) tokenında para kaybeden yatırımcıların da yer alacağı belirtiliyor.
Biden’ın açıklaması, projenin token ekonomisine ilişkin şimdiye kadarki en ayrıntılı kamuya açık bilgiler arasında yer alıyor. Projenin merkezinde ise yıllardır siyasi tartışmaların odağında bulunan Delaware’deki bir tamirhaneye bırakılan dizüstü bilgisayar bulunuyor.
LAPTOP Token Topluluğa Ne Vaat Ediyor? Hunter Biden, projeyi söz konusu bilgisayar üzerinden şekillendiriyor. Delaware’deki bir tamirhanede bırakılan cihazın içeriği, yıllar boyunca Biden hakkındaki siyasi tartışmalarda kullanıldı. Biden ise kendisini yedi yıldır ayık olarak tanımlayarak bilgisayarı kişisel toparlanma sürecinin sembolü olarak konumlandırıyor.
X üzerinden yaptığı açıklamada token arzının yüzde 20’sinin topluluk için ayrılacağını duyurdu. Bu grubun içinde TRUMP tokenından zarar eden yatırımcıların da bulunması planlanıyor.
Biden’ın iddiasına göre yaklaşık 1 milyon cüzdan TRUMP projesinde toplam 3,8 milyar dolar civarında kayıp yaşadı. Ancak Biden, LAPTOP tokenını satın alan kişilerin bu varlığın değer kazanması için kendisinden veya başka bir kişiden destek beklememesi gerektiğini özellikle vurguladı.
Token Arzının Yüzde 30’u Nasıl Kullanılacak? Projenin kalan arzının önemli bir bölümü önceden belirlenmiş koşullara bağlanıyor. Biden, yüzde 30’luk kısmın programlanmış bir mekanizma tarafından yönetileceğini açıkladı.
Bu mekanizma belirli gelişmeler gerçekleştiğinde tokenları yakacak. Şartlar gerçekleşmediğinde ise söz konusu tokenlar hayır kurumlarına aktarılacak. Böylece arzın kullanımına ilişkin koşullar önceden belirlenmiş olacak.
Açıklanan kriterler arasında 2028 seçimlerinde Demokratların kazanması, Bitcoin’in yeni bir tüm zamanların en yüksek seviyesine ulaşması ve LAPTOP’ın piyasa değerinde TRUMP’ı geride bırakması bulunuyor. Bunun yanında 50 milyon token, koşullardan bağımsız olarak hayır kurumlarına gönderilecek.
LAPTOP İçin Rug Pull Riski Var Mı? Proje daha piyasaya çıkmadan tartışmaları da beraberinde getirdi. Ekonomist Peter Schiff daha önce başkanlık meme coinlerini “yasal rüşvet” olarak nitelendirmiş ve bu tokenları satın alan kişilerin büyük bölümünün zarar ettiğini savunmuştu.
Hunter Biden’ın paylaşımının ardından X’teki bazı kullanıcılar da projeye sert tepki gösterdi. Bazı hesaplar Biden’ı daha önce eleştirdiği uygulamaları tekrarlamakla suçlarken, bir kullanıcı olası bir rug pull ihtimaline karşı paylaşımın kaydedilmesini önerdi.
Biden ise eleştirilere, Trump, Melania, Kanye, Lil Pump ve Andrew Tate’in meme coinlerinden kaynaklanan travmaya gönderme yaparak yanıt verdi.
Sahte LAPTOP Tokenları Neden Çoğaldı? Projenin en kritik sorunlarından biri resmi sözleşme adresinin henüz açıklanmamış olması. Biden veya ekibi basın saatine kadar LAPTOP için doğrulanmış bir kontrat adresi yayımlamadığı için traderlar farklı ağlardaki aynı isimli tokenlara yöneldi.
GeckoTerminal verilerine göre BNB Chain üzerinde “Hunter Biden’s Laptop” adını kullanan bir işlem çifti yaklaşık 10 saat içinde yüzde 81.000’in üzerinde yükseldi ve 20,29 milyon dolarlık değerlemeye ulaştı. Base üzerindeki başka bir çift ise 3,31 milyar dolarlık piyasa değerine ulaşırken günlük işlem hacmi yalnızca yaklaşık 1.121 dolar seviyesinde kaldı.
Bu tokenların hiçbirinin resmi olduğu doğrulanmış değil. Bu nedenle kripto borsası veya farklı bir platform üzerinden LAPTOP adıyla işlem gören varlıkların kontrat adresi doğrulanmadan satın alınması ciddi risk taşıyor. Resmi adres açıklanana kadar yatırımcıların özellikle sahte token ve likidite riskini dikkate alması gerekiyor.
Bu içerik kesinlikle yatırım tavsiyesi niteliği taşımamaktadır. Piyasalar yüksek risk içermektedir ve yatırım kararlarınızı almadan önce kendi araştırmanızı yapmanız önemlidir.
Son Dakika kripto para haberleri için hemen tıkla.
Konu ile ilgili yorumlarınızı bize yazabilirsiniz. Ayrıca, bu tarz bilgilendirici içeriklerin devamının gelmesini isterseniz, bizleri Telegram, Youtube ve Twitter kanallarımızdan takip edebilirsiniz.
Hunter Biden confirmed the launch of his LAPTOP meme coin and outlined how much of the supply goes to community wallets, including people who lost money on the Official Trump (TRUMP) token.
The post is his detailed public account of the project. It landed on the day the token is scheduled to begin trading on Base.
What Hunter Biden Is Promising LAPTOP BuyersBiden built his pitch around the machine he left at a Delaware repair shop, whose contents fed years of attacks on him. He described himself as seven years sober and cast the laptop as a symbol of recovery.
In a post on X, he outlined the tokenomics, saying 20% of the coins will be airdropped to the community. This will also include people who lost money on the TRUMP project. Biden claimed nearly 1 million wallets lost roughly $3.8 billion on TRUMP.
“You should not expect me or anyone else to make this token more valuable for you,” he said.
Another 30% sits behind what Biden called a pre-programmed mechanism. The project states public conditions in advance. Tokens burn if those events happen, and go to charity if they do not.
Reported conditions include a Democratic win in 2028, a fresh Bitcoin (BTC) record, and LAPTOP passing TRUMP by market cap. A further 50 million tokens go to charity regardless.
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Previously, economist Peter Schiff called the president’s tokens legal bribery, with most buyers sitting on losses.
Meanwhile, the replies turned hostile within hours. Several accounts accused Biden of repeating the practice he had condemned, and one told followers to bookmark the post ahead of a possible rug pull.
“You just have PTSD from Trump, Melania, Kanye, Lil Pump, and Andrew Tate’s memecoins. All MAGA, btw,” Hunter replied.
Copycat Tokens Crowd the TickerBiden has not published any contract address as of press time. Traders moved into that gap immediately, and tokens using the LAPTOP name now trade across at least three networks.
GeckoTerminal data shows a BNB Chain pair called Hunter Biden’s Laptop up more than 81,000% at a $20.29 million valuation after roughly 10 hours. A Base pair carried a $3.31 billion market value against about $1,121 in daily volume.
GeckoTerminal Search Results Showing Multiple LAPTOP Tokens. Source: GeckoTerminalNone of these tokens has been verified as official. Until Biden or his team publishes an address, every LAPTOP pair trading now carries that risk.
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Hunter Biden is preparing to enter the memecoin market with LAPTOP, a token scheduled to launch Wednesday that will distribute part of its supply to investors who lost money on President Donald Trump’s Official Trump (TRUMP) cryptocurrency, according to The Wall Street Journal.
Hunter Biden, whose father is former U.S. President Joe Biden, revealed the $LAPTOP ticker on X on Monday. The project will have a total supply of one billion tokens, with 20% allocated to eligible recipients, including TRUMP investors who lost money, people on a mailing list, and Biden’s Substack subscribers, the Journal reported.
The planned distribution connects the new token directly with one of Trump’s crypto ventures. TRUMP has lost roughly 97% of its value since hitting a record high in January 2025.
Token Burns Tied to Bitcoin, Politics and TRUMP Valuation LAPTOP’s creators will retain a 30% share of the token supply and could later burn as much as three-tenths of all tokens in circulation if certain future milestones are reached, according to the report.
The triggers include a Bitcoin (BTC) setting a new record high, a Democratic candidate winning the 2028 U.S. presidential election, and LAPTOP achieving a fully diluted valuation greater than TRUMP’s.
Beyond its tokenomics, LAPTOP also draws directly on Biden’s political history. The token takes its name from Biden’s computer, which attracted intense public attention ahead of the 2020 presidential election as his father ran against Trump for the White House. The controversy surrounding the device has remained a recurring topic among conservative commentators. Biden has also filed two lawsuits alleging violations of his privacy rights stemming from the episode.
The project also comes as Biden has become more vocal about cryptocurrency and blockchain since his father left office in early 2025.
In August, Biden accused World Liberty Financial, the crypto venture backed by members of the Trump family, of corruption and described its activities as unprecedented in scope. He compared its conduct with that of the failed crypto exchange FTX and raised concerns about its connections with foreign governments, including the United Arab Emirates (UAE).
His broader position on the technology has been more favorable. In June, Biden said he considered decentralized digital currencies and blockchain to be an inevitable part of the future.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
The US Mint began selling the 2026 President Donald J. Trump $1 coin at noon ET Wednesday. A roll of 25 costs $61. A bag of 100 costs $154.50.
Buyers chasing the rare version face long odds. The Mint hid 250,000 coins struck on Independence Day inside those same rolls and bags.
How to Buy the Trump $1 Coin or Hunt One in ChangeEach coin is legal tender worth $1. So a $61 roll holds $25 you could actually spend, and a $154.50 bag holds $100. The rest is the collector price.
How to Get the Trump $1 Coin: Buy a $61 Roll or Hunt Your Change “People are waiting an hour to buy $100 for $154.5,” one user remarked.
The bag is the better deal, working out to $1.55 a coin while the roll costs $2.44 a coin, or about 58% more. Both prices sit above face value.
Still, the Mint charges the same $61 and $154.50 for its routine dollar releases. The premium is standard, not a Trump surcharge.
What changed is the size of the run. The Mint capped this one at 150,000 rolls and 50,000 bags. Its 2026 American Innovation dollar offered just 7,350 Philadelphia rolls, roughly 20 times fewer. That release carried no household cap. This one allows two of each.
A privy mark is a small extra symbol stamped into the die. This one reads July 4th. If both products sell out, 250,000 marked coins will spread across 8.75 million, or about 1 coin in 35.
Checking your change may not work yet. The Mint urged buyers to look in their pockets. However, its own campaign page gives a fall 2026 date for circulation. That page also sells the rolls and bags exclusively through the Mint.
Philadelphia started striking the coin in July. The Mint has published no production figures for it so far.
Why a Living President Can Appear on a CoinOne rule is narrower than most people assume. Federal law allows only a deceased person on US currency and securities. Coins sit outside that sentence.
A second rule does cover dollar coins. It bars any living president from the Presidential $1 Coin Program. Treasury went around it by using a different section of the code.
That authority comes from the Circulating Collectible Coin Redesign Act of 2020. The law lets the Mint redesign dollar coins for the 250th anniversary. Trump signed it in January 2021.
Congress tried twice to shut the gap and failed. Representative Ritchie Torres filed the TRUMP Act in October 2025. Senators Catherine Cortez Masto and Jeff Merkley followed with the Change Corruption Act in December.
“If you can’t appear on the U.S. dollar while you’re alive, you shouldn’t appear on any U.S. coins,” said Representative Sam Liccardo, a California Democrat who co-sponsored the bill.
The precedent is a century old. In 1926 the Mint paired sitting President Calvin Coolidge with George Washington on a half dollar. By its own account, no president had appeared on a coin while alive before. That coin marked the 150th anniversary of independence.
Eric Trump Shows Off the Patriot PassportElsewhere, Eric Trump posted a short video of a new US passport the same day. He has fronted other Trump branding reveals too. The inside page shows his father leaning over the Resolute Desk, set against the Declaration of Independence.
That book is the Patriot Passport. The State Department released 250,000 more in July after demand climbed. Applicants pay no extra fee.
Getting one takes effort. The department requires an in-person appointment at limited events. Honolulu hosted one on Wednesday. Seattle and Houston follow on September 12.
The launch also confused crypto traders again. Official Trump (TRUMP) is the Solana meme coin tied to the president. It changed hands near $2.21 on Wednesday, down 6.4% over the last 24 hours. The token hit the same mix-up in July when the White House promoted the metal coin.
TRUMP Price Performance. Source: BeInCryptoBuyers of the metal coin now wait on the mail. None will know whether they hold a July 4 strike until the box arrives.
Shiba Inu and Official Trump gave crypto investors a lesson many know too well: watching a token explode after passing on it can be painful. SHIB climbed from microscopic levels to an ATH near $0.00008845, while Official Trump surged above $75 shortly after launch before falling sharply. By the time these stories dominate crypto market news, the earliest entry window may already be history.
Now, Apeing ($APEING) is attracting attention before its upcoming Stage 1. Its whitelist is open, with more than 12,000+ members claimed in the supplied campaign material. Stage 1 is stated at $0.0001, while the projected listing price is $0.01. Early-to-mid September is rumored, but no official launch date has been confirmed. Joining the whitelist offers early updates and a front-row seat.
Apeing: Next 1000x Crypto Presale With 10,000% Potential ROI and 12,000+ Whitelist Interest Table of Contents
Apeing’s headline numbers create a substantial price gap. The supplied figures put Stage 1 at $0.0001 and the projected listing at $0.01. If that target were reached, the token price would increase 100x, creating a hypothetical 10,000% ROI. Limited tokens are expected for Stage 1, making the lowest stated entry price a major part of the project’s appeal.
More than 12,000 people have reportedly joined the whitelist, signaling significant early community interest. For investors exploring the next 1000x crypto presale category, the attraction is getting visibility into a project before wider participation. The whitelist does not guarantee allocation, profit, or a listing price; it provides a way to receive official information as the project advances.
$10,000 Apeing Investment Scenario At a hypothetical $10,000 allocation and a $0.0001 Stage 1 price, an investor would receive 100,000,000 $APEING tokens. At the projected $0.01 listing price, those tokens would theoretically be worth $1,000,000. That represents a hypothetical $990,000 profit and 10,000% ROI.
This is a mathematical scenario, not a promise. The next 1000x crypto presale narrative is based on potential upside, while projected prices may never be reached. Liquidity, market conditions and token performance can vary substantially.
How to Secure a Spot on Apeing’s Whitelist Joining the whitelist is the straightforward way to stay close to the upcoming launch. Visit the official Apeing website, complete the registration form, submit an email address, and monitor your inbox for updates.
Visit the official Apeing website. Complete the whitelist registration. Submit your email. Watch for official launch announcements. Review eligibility and Stage 1 allocation details when confirmed. The supplied campaign material mentions early-to-mid September as a rumored timeframe. It should not be treated as an official launch date until the project confirms it.
Shiba Inu: The Rally Investors Discovered Too Late Shiba Inu remains one of crypto’s clearest examples of explosive meme-coin performance. CoinMarketCap records SHIB’s ATL near $0.00000000008165 and its ATH around $0.00008845. That extraordinary move created enormous theoretical gains for investors who entered extremely early.
Many others discovered SHIB after its visibility had already exploded. The lesson is not that every emerging coin will replicate its performance. Instead, it explains why investors monitor projects before they become mainstream crypto market news. Waiting for certainty can mean entering after much of the speculation has already occurred.
Official Trump: A Rally That Moved at Lightning Speed Official Trump delivered another dramatic crypto lesson. Its recorded ATL was approximately $1.21, while its ATH climbed above $75 shortly after launch. The speed of that move showed how quickly a powerful narrative can attract attention and trading activity.
The subsequent decline was equally important. Official Trump later traded far below its peak, proving that spectacular upside can come with severe drawdowns. For anyone researching the next 1000x crypto presale space, the message is clear: FOMO should be balanced with research and risk management.
Conclusion: Get a Front-Row Seat Before Stage 1 Shiba Inu and Official Trump show why investors can regret discovering a coin after its biggest move. Apeing is approaching its own upcoming stage with a reported 12,000+ whitelist community, a stated $0.0001 Stage 1 price, limited Stage 1 tokens and a projected $0.01 listing price.
For those following the next 1000x crypto presale market, the headline calculation is a potential 10,000% ROI if the projected listing price is achieved. Joining the whitelist can provide a front-row seat to updates without assuming the outcome is guaranteed. The rumored September timeframe remains unconfirmed, so official announcements should remain the deciding source.
For More Information: Website: Visit the Official Apeing Website
Telegram: Join the Apeing Telegram Channel
Twitter: Follow Apeing ON X (Formerly Twitter)
Frequently Asked Questions About the Next 1000x Crypto Presale What is the next 1000x crypto presale opportunity? It describes early-stage crypto projects seeking substantial upside. Apeing is currently in its whitelist phase ahead of its planned Stage 1 launch.
What is Apeing’s Stage 1 price? The supplied project figures state Stage 1 is priced at $0.0001, while the projected listing price is $0.01 if reached.
How is the potential Apeing ROI calculated? A move from $0.0001 to $0.01 equals 100x, mathematically representing a hypothetical 10,000% ROI before fees, taxes, and market changes.
How many members are on the Apeing whitelist? The supplied campaign material states that more than 12,000 members have joined the whitelist ahead of the upcoming Stage 1 launch phase.
When could Apeing launch? Early-to-mid September is rumored in the supplied campaign material, but Apeing has not officially confirmed a specific launch date yet.
Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
TLDR TRUMP rose 11.56% in 24 hours and 80.79% over seven days even as team-linked wallets sold tokens. On-chain tracker Lookonchain reported the team converted TRUMP holdings into 3.39 million USDC through repeated liquidity moves. Price pulled back from a high near $3.67 to trade around $2.49. The $2.285 support level has held, keeping the recovery structure intact. A liquidation heatmap shows dense liquidity clustered near $2.95, a possible next price target. Official Trump (TRUMP) is dealing with fresh selling pressure from its own team while still holding onto most of its recent gains. The token climbed 11.56% in the past 24 hours and 80.79% over the last seven days.
That growth came even as team-related wallets moved to cash out. Crypto analytics account Lookonchain flagged the activity directly, noting that the team repeatedly added and removed liquidity while converting TRUMP into USDC.
Lookonchain’s tracking showed the total value of these sales reached 3.39 million USDC. The transactions happened over a short window, according to the on-chain data shared by the account.
Despite this extra supply entering the market, buyers kept absorbing it. The price held onto most of its weekly advance instead of reversing sharply lower.
Sellers Push Back On The Weekly Gains Spot trading data tells a different story than the price chart alone. The 90-day Spot Taker CVD showed sellers dominating market orders, using aggressive sell-side pressure throughout the period.
Buyers still stepped in to support the price during this stretch. Team-linked selling added to an already seller-heavy market rather than starting a new wave of pressure.
The 11.56% daily gain suggests demand held up even with the added supply. Sell-side activity from takers has continued, but it has not stopped the price from climbing.
Support And Resistance Levels In Focus TRUMP peaked near $3.67 before sellers pushed the price back down. At the time of writing, TRUMP traded around $2.49, staying above the $2.285 support zone.
TRUMP Price on CoinGecko Buyers had already cleared the $1.846 and $2.285 levels during the earlier price advance. That gives the current support zone some weight as a line buyers have defended before.
The Directional Movement Index backs up the strength of the move. The +DI line sat at 52.62 while -DI dropped to 3.10, and the ADX reading of 32.94 pointed to a trend with real force behind it.
The next resistance sits at $3.092, a level where the price gave up its earlier intraday highs. Holding above $2.285 would keep the recovery structure in place and open the door to another run at that resistance.
Derivatives data adds another layer to the picture. A liquidation heatmap from CoinGlass showed the largest pool of upside liquidity sitting near $2.95, above the current $2.49 price.
Renewed buying could push TRUMP back toward $2.95 before traders look toward the $3.092 resistance. Downside liquidity sits around $2.40 to $2.45, an area that could see price activity if the market pulls back further from its recent highs.
As the broader cryptocurrency market recovers, memecoins are gaining momentum too—and the Official Trump (CRYPTO: TRUMP) token has outpaced some of the ecosystem’s established names.
TRUMP Gets the Better of DOGE and SHIBAs shown, Official Trump is up 57% since the start of the month, and most of that move happened in just the last seven days.
Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB), the two biggest memecoins by market capitalization, both lagged behind TRUMP coin, rising 24% and 7% respectively since August began.
TRUMP recorded a 57% jump in open interest over the past week to $188.72 million, as the token’s spot price momentum drove increased derivatives trading, according to Coinglass.
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TRUMP Remains a Long-Term LaggardDespite short-term movements, TRUMP coin has underperformed DOGE and SHIB over the longer term and year-to-date.
The TRUMP memecoin was launched just before Trump’s presidential inauguration in January 2025. The token surged to an all-time high shortly after launch, only to lose 97% of its value.
The total memecoin market cap has increased from $23.38 billion at the start of August to $30.64 billion, representing a 31% gain.
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Photo courtesy: Shutterstock
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The Official Trump memecoin posted a sharp 29% gain on Thursday after the project's official account, @GetTrumpMemes, confirmed the token will make its first-ever conference appearance at Korea Blockchain Week (@kbwofficial) in Seoul. The announcement also tagged Upbit, the event's main sponsor, signalling a potential push into one of Asia's most active crypto markets.
The token hit $2.79 on the day and was up around 68% on the week, extending a broader recovery that has drawn renewed attention to the Solana-based memecoin.
Korea Blockchain Week: A Major Stage Korea Blockchain Week 2026 returns to Seoul from September 29 to October 1, with Upbit, Korea's leading digital asset exchange, joining as main sponsor. The event opens on September 29 with a private institutional forum co-hosted with Upbit, aimed at policymakers, financial institutions, and senior industry leaders. KBW is regarded as Asia's leading gathering for the global Web3 industry, bringing founders, investors, and decision-makers together in Seoul, one of the world's most influential digital asset markets.
A conference debut at KBW could give the Official Trump project meaningful exposure to institutional and retail audiences across the Asia-Pacific region, where South Korea consistently ranks among the highest in per-capita crypto trading volumes.
Context: Rally and Longer-Term DeclineThe weekly gain tracks broader market strength, with total crypto market capitalisation rising around 3.25% on the same day. Still, the move comes against a difficult longer-term backdrop. The token's all-time high of $74.27 was reached on January 19, 2025 , and the TRUMP memecoin was launched just before Trump's presidential inauguration in January 2025. Despite the recent recovery, the token continues to trade well below that peak.
The project has leaned on event-driven catalysts to sustain interest. Earlier in 2026, an announcement of an exclusive dinner for top holders briefly pushed prices sharply higher before a pullback, illustrating how sensitive the token remains to community-focused news.
Thursday's move follows a similar pattern, with the Korea Blockchain Week announcement providing a concrete, near-term catalyst ahead of the late-September event.
Sources:
PR Newswire: KBW 2026 Returns to Seoul, Upbit Joins as Main Sponsor
The Defiant: KBW 2026 Seoul Conference Details
Coinbase: Official Trump (TRUMP) Price
US President Donald Trump’s meme coin just rewarded $1 million worth of tokens to 10 American businesses. It was part of the America First Business Challenge, which ran for nearly 3 months.
The competition was announced back in April at the President’s Mar-a-Lago crypto conferences. Around 616 businesses applied for it, and 36 were approved. Now, 10 of them are walking away with a million dollars.
This could be the first time a meme coin was used for a business grant at such scale. But there’s a big twist here.
Back in April, the 36 businesses had to buy the TRUMP meme coin before they were eligible for the grant. So, buy TRUMP and then get TRUMP back in rewards?
America First Business Challenge. Source: WebsiteThe pot is split into one award of $250,000, six of $100,000, and three of $50,000. No winner gave up a share of their company.
There was one condition on voting. Participants had to connect a crypto wallet that held TRUMP. That turned the contest into a reason to buy. Ahead of the Mar-a-Lago event that launched it, whale wallets holding TRUMP climbed to a five-month high.
Today, we’re proud to announce that we awarded $1 million in $TRUMP to 10 incredible American businesses through the America First Challenge — all as non-equity grants.
Supporting American businesses doing great things for America. 🇺🇸
Learn more: https://t.co/9foB8YtIiZ
— TrumpMeme (@GetTrumpMemes) August 26, 2026
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The Coin’s Own Website Denies It Has Any UseGetTrumpMemes.com calls TRUMP an expression of support, not an investment. It states the token has no payment function and no commercial integration.
“Trump Memes are intended to function as an expression of support for, and engagement with, the ideals and beliefs embodied by the symbol “$TRUMP” and the associated artwork, and are not intended to be, or to be the subject of, an investment opportunity, investment contract, or security of any type.”
Read plainly, that rules out spending it. A winner cannot pay staff or a supplier in TRUMP. To use the grant, they have to sell it.
Selling means competing with a lot of future supply. Only 250.9 million tokens circulate out of a 1 billion cap, so roughly 75% has yet to arrive.
Two companies control most of it. CIC Digital LLC, a Trump Organization affiliate, and Fight Fight Fight LLC hold 80% on a three-year unlock. Both also collect trading fees.
The Last TRUMP Contest Ended With Holders SellingThis is not the first prize the coin has dangled. In May 2025, the top 220 holders won a dinner with Trump.
Investors spent more than $145 million buying the token to compete. Then 26 members of Congress wrote to the Justice Department.
“After the contest closed, at least 34 of the top 220 investors sold most of their meme coin holdings, further confirming that the $TRUMP meme coin is not a worthwhile investment, but rather a vehicle to buy influence with the Trump Administration,” read the lawmakers’ letter dated May 22, 2025.
Organizers frame the challenge differently. Their launch pitch was money for founders outside venture networks.
The same letter puts insider trading fees above $320 million since launch. The grant pool is worth less than one three-hundredth of that.
Scale tells a similar story. TRUMP turns over about $642 million a day in trading volume, so the entire $1 million fits within roughly two minutes of trading. The price is moving fast, too. TRUMP trades near $2.74, up 25% in the last 24 hours.
Official Trump (TRUMP) Price Performance. Source: BeInCryptoEven so, the TRUMP token’s price chart sits 96.3% below its January 2025 peak. It touched an all-time low of $1.37 on August 13. The rally began before the grants were announced, not after.
A key detail is still missing. Nobody has named the 10 winners, so no transfer on Solana can be matched to any business.
Until those names appear, the case for utility rests on a social media post. The real test is simpler than the debate. Can one of these 10 companies actually spend what it won?
The broader cryptocurrency market maintains a bullish character, with Bitcoin (BTC) advancing above $80,000 on Friday amid a $6.16 billion options expiry. Ethena (ENA) extends double-digit gains over the last 24 hours as Ethena Foundation announces buyback of early investors and revenue buyback. Official Trump also emerges as a top performer with double-digit gains, testing the bullish breakout of its 200-day EMA at $2.725.
CoinMarketCap’s Fear and Greed Index at 83 on Friday indicates a firm bullish sentiment in the crypto market.
Fear and Greed Index. Source: CoinMarketCapCoinGlass data shows that Bitcoin options Open Interest (OI) on Deribit stands at around $6.16 billion for Friday's expiry, driven by $948,950 in Puts and $262.49 million in Calls. The large difference between the actual values of Call and Put contracts and their notional values reflects the highly leveraged options market.
The max pain – the strike price with the largest volume of contracts – is at $70,000, with $2.42 billion in notional value, driven by $11.31 million in Puts and $206.33 million in Calls set to expire.
BTC options expiry data. Source: CoinGlassBitcoin trades at $80,403 on Friday, maintaining a clear bullish bias as the price holds well above both the 50-day and 200-day Exponential Moving Averages, near $68,732 and $73,191, respectively.
Momentum remains overheated, with the Relative Strength Index (RSI) hovering deep in overbought territory around 82 and the Moving Average Convergence Divergence (MACD) still positive but losing altitude, suggesting that upside momentum could be slowing.
The immediate resistance for Bitcoin aligns with the March 13 swing high near $82,850. A confirmed breakout above this level could target the 127.2% Fibonacci extension level at $89,663, measured over the downswing from $82,850 to $57,800.
BTC/USDT daily price chart.On the downside, the crucial support for Bitcoin aligns with the 78.6% Fibonacci retracement level at $77,489, followed by the 200-day EMA at $73,191.
Ethena rallies on early investors, revenue buybackEthena Foundation bought back locked ENA tokens from major seed investors, absorbing the supply pressure triggered by October 10 market-wide liquidations. Ethena also proposed allocating 95% of net revenue for ENA token buybacks after USDe reaches the first $7.5 billion supply milestone, as previously reported by FXStreet.
Ethena is up 9% on Friday, extending its 15% gain from the previous day. The DeFi token maintains a constructive bullish bias as the price sustains well above both 50-day and 200-day EMAs at $0.1068 and $0.1278, respectively.
The three consecutive days of recovery reflect a bounce back from the 50% retracement level at $0.1356 to the 78.6% retracement level at $0.1982, measured over the downswing from $0.2633 to $0.0699. A confirmed breakout above $0.1982 could target the previous swing high at $0.2633.
Momentum remains strong, with the MACD and signal line rising, and the RSI at 81 suggests overbought conditions that could slow the advance.
ENA/USDT daily price chart.On the downside, initial support appears at the 50% retracement at $0.1356, reinforced by the 200-day EMA at $0.1278.
Official Trump tests 200-day EMA breakoutTRUMP trades at $2.7630 on Friday, keeping a bullish near‑term tone above both the 50‑day EMA at $1.7996 and the 200‑day EMA at $2.7067. The pair has also reclaimed the 50% retracement from $4.4970 to $1.365 at the $2.4775 level, reinforcing the constructive structure.
The MACD and signal line are steadily rising in the positive territory, while the RSI sits in overbought territory near 73, hinting that the latest rally could be vulnerable to bouts of profit‑taking.
A confirmed breakout of the 200-day EMA at $2.7067 could extend the TRUMP rally toward the 78.6% Fibonacci retracement level at $3.4843.
TRUMP/USDT daily price chart.On the downside, immediate support is seen at the 50% retracement at $2.4775. A deeper pullback would expose the 23.6% retracement at $1.8085, reinforced by the 50‑day EMA near $1.7996.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
Key Highlights The TRUMP token declined over 8% within 24 hours, reaching approximately $2.27 following team wallet withdrawals totaling $3.39M in USDC Team-associated wallets utilized liquidity positions on Solana instead of executing direct market sales The token maintains a robust 61% increase over the past week, climbing from approximately $1.40 An upcoming vesting event on Sept. 18 will release 28.7 million tokens, representing 2.9% of total circulation Analysis from Public Citizen indicates TRUMP holders have collectively lost $3.2 billion since the token’s debut The Official Trump (TRUMP) token experienced a decline exceeding 8% during a 24-hour period ending Aug. 26, settling near $2.27 amid on-chain movements from wallets associated with the project team that liquidated substantial token holdings into USDC.
Trump Price Blockchain analytics expert Lookonchain identified that wallets tied to the Official Trump initiative withdrew $3.39 million in USDC during a 10-hour timeframe on the Solana network. Rather than executing straightforward market transactions, these wallets deployed liquidity positions, introducing TRUMP tokens into specific price ranges that automatically converted to USDC as market participants executed trades.
🚨TRUMP CRYPTO BUYERS ARE $4.7B UNDERWATER!
A new Public Citizen report estimates investors in Trump-linked crypto products are down at least $4.7 billion.
Most of that is paper losses, not cash already sold.
The group puts $TRUMP at $3.2 billion, $WLFI at $1 billion, Trump… pic.twitter.com/93uS8Xq8X7
— Crypto Banter (@crypto_banter) August 28, 2026
Additional on-chain evidence highlighted by Bitcoin.com revealed approximately 646,000 TRUMP tokens moving to OKX exchange across two distinct transfers. A separate movement involved 2.62 million tokens valued at roughly $6.2 million during the transaction. While exchange deposits don’t definitively indicate immediate sales, they contributed to heightened supply-side concerns among market observers.
The digital asset declined from approximately $2.46 to an intraday bottom near $2.16 before experiencing a modest recovery. Current pricing remains significantly beneath peak levels achieved during the recent price surge.
Technical Analyst Projects $15 Potential Digital asset analyst Crypto Patel highlighted on X that TRUMP successfully breached bear market resistance positioned at $2.055, registering a 160% surge from its recent low within merely 10 days. Patel suggested that if $2.055 establishes itself as reliable support, a potential advance toward $15 could materialize, though he recommended traders avoid pursuing the current momentum and instead position for a pullback entry.
$TRUMP just broke above its Bear Market resistance at $2.055
The key question now: can $2.055 flip into strong support?
If it holds, a major #TRUMP meme rally toward $15 could be on the table.$TRUMP is already up 160% from the bottom in just 10 days.
Don’t chase the green… pic.twitter.com/XQBLI9WB8s
— Crypto Patel (@CryptoPatel) August 28, 2026
Notwithstanding the daily retreat, TRUMP continues to show approximately 61% growth over the weekly timeframe and nearly 52% gains across two weeks. The token advanced from roughly $1.40 during the previous week before encountering fresh selling pressure.
Technical Levels and Scheduled Token Release Examining the daily timeframe, TRUMP maintains positioning above its 20-day EMA at $1.86, 50-day EMA at $1.73, and 100-day EMA at $1.89. The 200-day EMA positioned at $2.71 represents the primary resistance obstacle ahead. TRUMP temporarily pierced this level during its advance toward $3 before encountering selling pressure that reversed the move.
The Stochastic RSI indicator displays a bearish crossover pattern, suggesting momentum is weakening following both oscillator lines recently entering overbought conditions.
A scheduled vesting release of 28.7 million TRUMP tokens is set for Sept. 18, designated for project insiders and comprising 2.9% of total circulation. This represents the 19th of 34 planned unlock events extending through December 2027.
Research from Public Citizen calculated that approximately 1 million individual wallets are currently holding unrealized losses totaling $3.2 billion since TRUMP’s initial launch on Jan. 17, 2025. Meanwhile, the top 1% of profitable holders secured approximately $2.7 billion, representing roughly 80% of total realized profits.
Official Trump memecoin has experienced extreme volatility over the past day. In fact, the memecoin surged 10.2% and flipped $3 resistance to a high of $3.06.
However, this pump failed to hold and the altcoin dropped again falling $2.6 before rising to $2.7 as of this writing. TRUMP pumped as investors were tricked to believe the recently launched GOLD was TRUMP 2.0.
However , after the team behind GOLD was accused of rug pull sentiment flipped shortly after. In fact, Lookonchain reported that 15 wallets that purchased GOLD sold their holdings and exited the market taking over $312k in profit.
TRUMP investors panic exit amid rising liquidation risk This market volatility triggered a wave of liquidations for both longs and shorts. Traders who took long eyeing trend continuation, saw over $8.4 million in liquidations, while over $5.1 million worth of shorts were liquidated.
Source: CoinGlass In total, the memecoin recorded over $13.57 million in total liquidations, indicating heightened volatility. Amid these liquidations, most traders both short sellers and longs, hurriedly closed their positions.
According to Coinglass data, Official Trump [TRUMP] recorded $1.44 billion in futures outflows compared to $1.38 billion in inflows. For that reason, Futures Netflow dropped 5614% to -$68 million.
Source: CoinGlass A negative Netflow suggested that traders mostly closed their positions. The Open Interest further validates this observation.
TRUMP’s Open Interest dropped 6.4% to $279 million while the Derivatives Volume rose 23% to $3.3 billion. The falling OI and rising volume suggested that most traders exited their positions.
Profit taking returns on the spot too As TRUMP crossed $3, holders on the spot also rushed to cash out after the GOLD token launch brought about a negative sentiment.
Previously, the Spot market have been aggressively accumulating, with the Netflow holding negative for five consecutive days. On 29th August, this changed so first, with the Netflow rising to positive zone.
Source: CoinGlass As of this writing Netflow was around $4.5 million, suggesting more TRUMP entered exchanges, a clear sign of selling pressure.
What’s next for the memecoin? With sellers active on both the spot and futures, the memecoin is unlikely to hold the uptrend. Historically, intense selling pressure has preceded price drops.
For now, however, TRUMP momentum still holds bullish. In fact, the Relative Strength Index (RSI) has remained elevated, currently at 73.
Source: TradingView At these levels, the RSI suggest the uptrend is intact, with buyers still in control of the market. Likewise, TRUMP holds above both short term and long term moving averages, further validating this view.
Under these circumstances, the bullish structure is intact and likely to hold. If bulls can absorb the arising pressure, TRUMP will reclaim $3 and eye to flip $3.6 resistance.
However, if the pressure persist, the memecoin will breach $2.7 with $2.2 as the next support level.
Final Summary Official Trump [TRUMP] saw extreme volatility, rising 10%, rising to $3.06 then retracing to $2.7 at press time TRUMP saw increased liquidation, with $13 million worth of positions liquidated triggering a wave of panic selling.
The real-world asset (RWA) market cap reached $71.02 billion on Monday, a gain of 48.7% in 24 hours, according to CoinGecko. Meme coins fell 2.2% over the same day.
The sector added $23.26 billion. One token accounts for almost all of it, and it is not a tokenized stock.
Top Real World Assets (RWA) Coins by Market Cap. Source: CoingeckoOne Listing Explains the Whole JumpFigure Heloc is the largest RWA holding at $22.81 billion. That is 32% of the sector. Take it out of Monday’s total and $48.21 billion remains. The sector was worth $47.75 billion a day earlier.
The difference between those two figures is 0.96%. In other words, the RWA sector without Figure Heloc is almost exactly where it stood the day before.
Top Real World Assets (RWA) Coins by Market CapPrices did not do this. Chainlink (LINK) rose 0.8% on the day, and Stellar (XLM) fell 3.3%. Figure Heloc itself gained 4.5% across the week.
A token added to a list can raise a sector total. Nobody has to buy anything.
What Figure Heloc Actually IsThe token is a pool of home equity credit lines. Figure, a Nevada lender, issues them on its own Provenance blockchain. Figure is not a fringe operation. It listed on Nasdaq in September 2025 and earned $191 million on $619 million of revenue over the past year.
The scale is the striking part. Figure’s shares are worth $8.66 billion. Its tokenized loan book is worth $22.81 billion, or roughly two and a half times the company itself.
Those tokens barely move. They turned over $14.9 million in 24 hours, about 0.065% of their value. CoinGecko’s own data returns no 24-hour price change for them at all.
So the largest asset in crypto’s RWA sector is a securitized mortgage book that almost never trades. Researchers have tracked this gap between value and liquidity for months.
Tokenized Stocks See Modest Gain in Crypto RallyTokenized equities sit in a separate pool worth $8.25 billion. That is roughly a third of the jump they are credited with causing.
They also cannot outrun the shares they copy. MicroStrategy xStock (MSTRX) trades at $122.69, while Strategy’s Nasdaq-listed shares sit at $122.63.
MicroStrategy xStock (MSTRX) Stock Performance. Source: CoingeckoIt rose 27.9% over seven days because the stock did. The wrapper simply followed.
Meme Coins Fell While RWA RoseAlmost every large meme coin lost ground on Monday. Dogecoin (DOGE) fell 4.1%, Pump.fun (PUMP) dropped 7.9% and Official Trump (TRUMP) slid 9.9%.
The sector ended the day down 2.3% at $32.82 billion. Shiba Inu (SHIB), Bonk (BONK) and FLOKI all finished lower.
Top Meme Coins by Market Cap. Source: Coingecko
So Monday set a listing against a selloff. RWA gained on paper while meme coins lost real value. Turnover separates the two:
Meme coins traded 13.2% of their market cap in 24 hours. The RWA sector managed 4%, and Figure Heloc just 0.065%. Meme coins are the smaller market that actually changes hands. RWA is the larger one that mostly sits still.
The Seven-Day Picture Is DifferentWiden the window, and meme coins lead on price. Official Trump gained 73.5% over seven days, Pump.fun 66.3% and Pepe (PEPE) 54.2%.
RWA tokens were steadier. Stellar climbed 22.1% and Chainlink 21.9% across the same week.
Meme coins also traded harder, turning over $4.35 billion against $2.82 billion. That extends the meme coin season rally.
BeInCrypto Intelligence research on the real state of tokenization tracked roughly $60 billion across 7,000 products. Most of it sits inactive on-chain.
The RWA sector grew by $23 billion on Monday. It grew by counting something new, not by anyone buying it.
Blockchain sleuths are tracking a major transfer of Official Trump meme coin tokens to a leading cryptocurrency exchange.
The firm Lookonchain says that the team behind the token transferred 2.62 million TRUMP tokens valued at $6.21 million over the weekend, with the tokens then deposited into OKX.
According to Arkham Intelligence data, the Official Trump Meme entity controls 15 addresses holding 751.799 million TRUMP tokens priced at $2.71. That totals about $2.04 billion.
The entity’s overall portfolio stands at $2,037,000,000, reflecting an 11.81% gain.
This is not the first transfer from the team behind the token.
The same wallets previously deposited more than 8 million TRUMP tokens worth over $23 million to OKX in April and have moved large amounts to major exchanges on multiple occasions throughout 2026.
A renewed rally in the cryptocurrency market has fueled sharp gains in the Official Trump (CRYPTO: TRUMP) memecoin.
TRUMP Memecoin RalliesTRUMP jumped over 11% in the last 24 hours to levels not seen in four months. The cryptocurrency is up a whopping 80% in a week, making it the third-biggest gainer in the market.
Moreover, TRUMP is up 61% in a month, 24% in the last three months, but down 47% year-to-date.
The coin recorded a 6.94% increase in open interest over the past day and an 186% gain over the week, as spot-price momentum galvanized derivatives trading, according to Coinglass.
Meanwhile, the top 20% of Binance traders by margin balance had a predominantly net long exposure to TRUMP.
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Trump Restates Pro-Crypto StanceTRUMP memecoin’s surge came amid a sharp rebound across markets this week, fueled by a combination of macroeconomic and cryptocurrency-specific catalysts.
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Notably, President Donald Trump hosted White House cryptocurrency summit in the presence of top cryptocurrency and prediction-market executives. He reaffirmed his commitment to preserve U.S. leadership in Bitcoin (CRYPTO: BTC), cryptocurrency and prediction markets.
The Tumultuous Journey of TRUMPThe TRUMP memecoin was launched just before Trump’s presidential inauguration in January 2025. At its peak, it soared to a market capitalization of $9 billion, while the fully diluted valuation, factoring in Trump-affiliated holdings, ballooned to $75 billion.
Fast forward to April 2026, and the coin’s market capitalization has plunged to $635 million, reflecting a drawdown of 93%.
A disclaimer on the coin’s official website states that the token is intended to serve as a symbolic expression of support for the ideals and beliefs represented by the ‘TRUMP’ symbol. It also denies any link to any political campaign or government agency.
Price Action: At the time of writing, TRUMP was exchanging hands at $2.54, up 11.61% in the last 24 hours, according to data from Benzinga Pro.
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Photo Courtesy: Kirill Aleksandrovich on Shutterstock.com
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The token hit a 5-month-peak yesterday and the team behind it started selling immediately, according to on-chain data.
The cryptocurrency market received a massive push over the past several days, with bitcoin gaining $15,000 in less than 48 hours, while the altcoins followed suit with big gains.
Many meme coins did the same, including Official Trump (TRUMP) – one of the tokens linked to the First Family. However, as it has happened numerous times in the past, the team behind the asset has seemingly taken advantage just to sell more portions of it.
TRUMP Team Sells Again? Citing on-chain data from Arkham Intelligence, Lookonchain reported hours ago that the TRUMP team sent another 2.62 million coins to OKX. In terms of USD value, the transfer was worth roughly $6.2 million.
Although this doesn’t necessarily mean that the team has sold, sending tokens to exchanges, especially given their track record and the recent price pumps, hints heavily that they have offloaded more of the asset.
The #Trump team transferred out another 2.62M $TRUMP($6.21M) an hour ago.
The 2.62M $TRUMP ($6.21M) was then deposited into #OKX.https://t.co/gayhdrY7fy pic.twitter.com/PmHRbAmksb
— Lookonchain (@lookonchain) August 23, 2026
The asset saw the light of day just 48 hours before Donald Trump was inaugurated as US President in January 2025. It flew to an all-time high of over $73 in minutes before it started correcting heavily.
Since then, reports have emerged after every rebound that the team behind it has sold some portions of it, even though the POTUS has denied profiting from the token. Nevertheless, several US Senators urged the SEC to investigate the meme coin, arguing that it may have facilitated fraud or unlawful enrichment at the expense of retail investors.
You may also like: US Senators Urge SEC to Probe Trump Meme Coin Over Billions in Investor Losses POTUS to Headline Gala for Top TRUMP Holders as Price Soars 50% After ATL Pump and Dump As mentioned above, TRUMP skyrocketed yesterday by double- and even triple-digit percentages and re-entered the top 100 alts by market cap. It stood below $1.50 when its rally began and topped $3.60 at its peak, which became its highest price tag since March.
However, it was rejected there and slumped to $2.40 as of press time, which represents a 33% dump from its local peak after the sales reports emerged.
Nevertheless, it remains within the top 100 alts as its own market cap sits at around $600 million. On the other hand, its demise since the January 19 ATH is more than evident, as it trades 97% away from that peak. Its all-time low came last week at $1.37.
Eric Trump denied that President Donald Trump is preparing to launch a new coin, calling the claim fraudulent in a post that drew 2.1 million views on X.
He responded to a post claiming the President was launching a new coin.
Follow us on X to get the latest news as it happens
What a joke… This is absolutely not true. No one is launching any kind of coin. If anyone is suggesting otherwise, it’s a fraud. https://t.co/H0nWXNL8rn
— Eric Trump (@EricTrump) August 22, 2026 Three Trump-Linked Coins Trade Far Below Their PeaksThe denial concerns a new token. Nonetheless, three Trump-linked assets already trade, but their performance has been far from impressive. Each trades sharply below its all-time high.
Official Trump (TRUMP) launched on Solana on January 17, 2025, three days before the second inauguration. It reached $73.43 within two days and has since lost most of its value.
TRUMP set a record low of $1.37 on August 13 and has since climbed about 88%. That rebound tracked a broader market rally.
Performance Of Trump-Linked Tokens. Source: BeInCryptoMelania Meme (MELANIA) followed two days after TRUMP. It now changes hands for around $0.086, about 99% below its peak, with a market value of $86 million.
Trump-backed World Liberty Financial (WLFI) began trading in September 2025 and briefly touched $0.33. Eric Trump also lists it in his X profile. The governance token sits near $0.06, roughly 78% down.
Losses, Senate Scrutiny, and Public OppositionThe declines have had a measurable cost for buyers. Blockchain analytics firm Nansen previously tracked about 1.48 million wallets that bought TRUMP. It counted 988,905 underwater, with $3.81 billion in combined losses.
As of the latest data, the picture has not changed much. Among wallets still holding meaningful TRUMP, the majority are underwater. Nansen data consistently shows ~85–95%+ of held positions at a loss, most clustered near −97% unrealized ROI.
However, the outcome has been different for the President himself. Trump reported more than $1.4 billion in crypto income for 2025. His disclosure listed over $500 million from WLFI sales and more than $600 million through CIC Digital.
Senate Democrats, including Elizabeth Warren and Richard Blumenthal, have pushed for investigations into potential national security risks from Trump’s crypto ties.
Public backlash has also followed. A Reuters/Ipsos poll found 63% of Americans call the profits inappropriate, while 69% said his business interests shape presidential decisions.
Senators face a procedural vote on the CLARITY Act on September 15. One draft provision would bar sitting officials from issuing digital assets, turning Eric Trump’s denial into a legal requirement.
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Most Americans view President Donald Trump’s crypto earnings as improper, according to a Reuters/Ipsos poll in which 63% of respondents called the profits his family drew from digital assets inappropriate.
The same survey found that 69% believe his private business interests shape his presidential decisions. Half of Republican respondents shared that view.
Poll Puts Trump’s $1.4 Billion Crypto Income Under ScrutinyThe online survey covered 1,166 US adults between August 14 and August 17. It carried a margin of error of 3 percentage points for all Americans and 5 points for each party group.
About 32% of respondents defended the family’s crypto earnings. Among Republicans, roughly 69% described it as appropriate, while 27% did not.
Americans’ View on Trump’s Crypto Profit. Source: ReutersThe sums involved are large. Trump reported more than $1.4 billion last year from family crypto ventures, according to his financial filings. Those ventures included World Liberty Financial (WLFI) and his self-branded meme coin.
Richard Painter, chief ethics lawyer under President George W. Bush, noted that the mix of business and office has no modern parallel.
“We have seen nothing like this before, even the first Trump administration did not have as many complex business interests as the second,” he said.
Follow us on X to get the latest news as it happens
White House Rejects Conflict Claims as Midterms NearWhite House has repeatedly dismissed the criticism, affirming that independent financial institutions manage the President’s investments and that no conflicts exist.
“There are no conflicts of interest…The President only acts in the best interests of the American public,” White House spokeswoman Anna Kelly said in a statement.
Congressional pressure has grown regardless. Senate Democrats requested committee hearings in July into the national security implications of the President’s crypto holdings.
Token performance complicates the political argument. Official Trump (TRUMP) trades near $1.7, down about 81% over the past year, and Trump-endorsed tokens sit below their pre-endorsement prices.
Official Trump (TRUMP) Price Performance. Source: BeInCrypto MarketsPublic dissatisfaction stretches beyond his digital asset ventures. A separate Financial Times poll this month found 53% of registered voters said their finances had worsened under his presidency.
Democrats led Republicans 44% to 39% in that survey. Whether that translates into seats will be settled in November.
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Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
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Nansen Founder: Bitcoin Will Never Drop Below $60,000 Again, No Signs Global Monetary Easing Cycle Is Ending
Nansen founder and CEO Alex Svanevik stated that Bitcoin’s current price of roughly $60,000 may have marked the low point of this cycle. “I personally don’t think Bitcoin will drop below $60,000 again— that’s a thing of the past, and I believe it’s forever,” he said. Svanevik’s assessment is rooted in Bitcoin’s role as a hedge against global central bank monetary expansion, with no signs of an imminent end to the global monetary easing cycle. He added that the crypto industry is undergoing a fundamental shift: crypto assets were previously in the “toy world” phase of blockchain, and are now entering the “real world” era. On the public chain ecosystem, Svanevik holds a long-term bullish stance on Solana, dismissing the view that it is merely a “meme coin chain” as completely absurd. He praised Solana for having “possibly the most effective business development (BD) team” and an “incredible team.” However, Svanevik refused to translate this positive outlook into a specific price prediction for SOL: “Intuitively, I would expect it to rise, but I can’t be certain.” Svanevik is also optimistic about Robinhood Chain, which launched just this July. He argues that it is emerging as a strong competitor to Base thanks to its outstanding user distribution capabilities, but judges that Robinhood is unlikely to issue a token. The reasons: first, it has no need to do so; second, as a Nasdaq-listed company, issuing a token would logically conflict with competing against its own stock. “All value should be channeled into HOOD stock,” he noted.
The once second-largest meme coin by market cap is now out of the top 100 alts, losing 98% of its value in a year and a half.
US Senators Elizabeth Warren and Richard Blumenthal have sent a letter to SEC Chair Paul Atkins asking the agency to investigate President Donald Trump’s meme coin, arguing it may have facilitated fraud or unlawful enrichment at the expense of retail investors.
The lawmakers cited reports showing that nearly a million investors collectively lost over $3.8 billion on the token between its launch in January 2025, just days before Trump’s inauguration, and the end of June 2026.
Within the same timeframe, the POTUS and his family have reportedly earned around $636 million through trading fees and other revenue streams connected to the token.
Warren and Blumenthal claimed that the asymmetry between investor losses and insider gains warrants a formal SEC probe into the project’s structure and marketing.
They pointed to allegations that some traders profited from the meme coin’s launch before the broader public could react, which raised some eyebrows about possible insider trading.
They argued that such actions and the subsequent TRUMP price slump of 98% since its all-time high may resemble a “soft rug pull.”
The letter references previous SEC enforcement actions against similar crypto schemes and recent warnings from certain state regulators, such as New York’s, about pump-and-dump and rug pulls in the meme coin niche.
You may also like: Trump Administration Plans Ban on New Chinese AI Data Center Components: Report Bitcoin Price Rebounds as Trump Calls Off Iran Strikes and Hints at a Deal ‘Perfect Vehicle to Funnel Money’: John Oliver Slams Trump’s Crypto Foray on HBO Official Trump skyrocketed to over $70 within hours after launch, but it has crumbled to under $1.50 as of press time. It has also left the top 100 alts by market cap a year and a half after becoming a top 20 asset and the second-largest meme coin.
Meanwhile, the team behind the token has been linked to countless sales as the price tumbled.
US President Donald Trump has stood out in recent headlines for his support of Bitcoin and cryptocurrencies. In fact, Trump and his wife have altcoins bearing their own names, and his family also has cryptocurrency projects.
While some anti-crypto US Democratic senators have opposed this, most recently Democratic senators Elizabeth Warren and Richard Blumenthal sent a formal letter to the SEC regarding Donald Trump’s Solana-based memecoin, Official Trump (TRUMP).
According to CNN, senators have written a letter requesting an investigation into Trump’s altcoin for potential market manipulation and practices that could harm investors.
According to the report, Warren and Blumenthal stated in the letter that it should be investigated whether Trump poses a risk of “rug pull,” citing the irreversible losses suffered by millions of investors.
No Rug-Pull Symptoms! As the Trump controversy continues, blockchain analytics firm TRM Labs stated that there is no definitive evidence that the Trump token was designed specifically for rug-pulling purposes.
However, TRM Labs emphasized that the concentration of a significant portion of the token supply among insiders or linked addresses is a risk factor that needs to be closely monitored.
TRM Labs stated in its assessment that while early investors and the issuer of the TRUMP token made significant gains, numerous individual investors who bought later faced substantial losses.
At this point, the company noted that a structure in which approximately 1 million retail investors suffered losses, even if not technically classified as a rug pull, could become more controversial over time.
*This is not investment advice.
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Official Trump’s team has transferred about $16.91 million in TRUMP tokens to Fireblocks custody wallets as Senate negotiations over ethics rules in the CLARITY Act remain stalled.
Summary
16.84 million TRUMP tokens were sent to three Fireblocks custody addresses, according to Arkham Intelligence. Arkham said the addresses had previously moved received TRUMP tokens onward to BitGo. Senate Democrats are resisting ethics provisions that leave enforcement solely with the Department of Justice. TRUMP has fallen about 98% from its January 2025 peak of $73.43, based on the supplied market data. TRUMP tokens move to Fireblocks custody wallets Arkham Intelligence reported that the Official Trump team transferred 16.84 million TRUMP tokens, valued at roughly $16.91 million, to three Fireblocks custody addresses on July 25.
“TRUMP TEAM SENT $16M TRUMP TO CUSTODY,” Arkham wrote in its alert, adding that the transfers were split among three Fireblocks wallets.
TRUMP TEAM SENT $16M TRUMP TO CUSTODY
The $TRUMP team just transferred $16.91M of TRUMP to 3 Fireblocks Custody addresses.
These addresses have all received $TRUMP in the past, and all sent their past TRUMP to Bitgo. Are they distributing TRUMP unlocks? pic.twitter.com/Y6XU8dg7qS
— Arkham (@arkham) July 25, 2026 The blockchain analytics firm noted that each destination address had received TRUMP tokens before and later sent those holdings to BitGo. Arkham asked whether the latest movements could be connected to the distribution of TRUMP unlocks.
The transaction does not by itself show that tokens were sold or sent to an exchange. However, the use of custody addresses has drawn attention because a large share of the memecoin’s supply remains tied to insider-controlled wallets.
Crypto tools data cited in the report shows that the team could sell up to 96 million tokens, equal to 9.6% of the total supply and about 40% of the reported circulating supply of 237 million tokens. About 80% of the total supply remains in insider hands, while roughly 670 million tokens, or 67%, have already unlocked.
TRUMP traded near $1.57 at press time, according to the supplied data. That price represents an 83% decline from its year-over-year high and a nearly 98% drop from the $73.43 level reached in January 2025.
CLARITY Act ethics rules put Trump’s crypto ties in focus The transfer comes as Senate Republicans attempt to secure backing for the Digital Asset Market Clarity Act, known as the CLARITY Act, before the August recess.
Senate Majority Leader John Thune has pushed to bring the bill to the floor even without the 60 votes needed to overcome a filibuster. “I would like to at least get Clarity started. We’ll see where the votes are,” Thune previously said.
The House passed the legislation in July 2025, while the Senate Banking Committee advanced it in May 2026 by a 15-9 vote. The bill still needs additional Democratic support, with ethics standards and consumer protections remaining central obstacles.
Republicans have added restrictions on crypto activity by senior elected officials to the latest draft. According to reports by Crypto in America’s Eleanor Terrett and Punchbowl News’ Brendan Pedersen, the White House sent the proposed language to Republican senators on July 20 before Democrats had reviewed it.
The draft would cover the president, vice president, members of Congress, federal judges and their spouses. Covered officials would be barred from issuing or sponsoring digital assets and would have to sell their crypto holdings, use a blind trust, or take both steps.
The provision would expire at noon on Jan. 20, 2029, when Trump’s term is scheduled to end. It would also permit companies to continue using an official’s name, image or likeness when that arrangement existed before the official became subject to the restrictions.
Democratic opposition centers on enforcement Democratic Sen. Angela Alsobrooks has objected to relying only on the Department of Justice to enforce the ethics rules, calling that approach “unserious.”
Alsobrooks said she would oppose the CLARITY Act if the current wording reached the Senate floor. Her stance carries added weight because she was one of two Democrats who supported advancing the bill through the Senate Banking Committee in May.
President Donald Trump accepted the ethics provision earlier this week after Democratic lawmakers made limits on elected officials’ crypto dealings a condition for continued talks. Yet disagreement over who enforces those restrictions has prevented a bipartisan deal.
Democrats pushed for the language after financial disclosures showed Trump earned as much as $1.4 billion from crypto-related ventures last year. Alsobrooks and Sen. Kirsten Gillibrand had told colleagues that the market-structure bill could not advance without conflict-of-interest rules.
What the TRUMP transfer means for US holders For U.S. TRUMP holders, the on-chain movement adds a fresh supply-related risk while the Senate debates whether elected officials can retain ties to token projects. The Fireblocks transfers do not prove sales, but Arkham’s note about prior transfers from the same addresses to BitGo has fueled scrutiny over their potential purpose.
The immediate focus is whether the wallets make further transfers to exchanges or other custodians, and whether negotiators can resolve the DOJ enforcement dispute before the Senate’s August recess.
Donald Trump-backed Official Trump (TRUMP) memecoin team has just moved nearly $17 million worth of its tokens. The latest on-chain transfer comes on the heels of the CLARITY Act deadline, spurring speculations. In addition, the scheduled TRUMP token unlock has led to other lawyer of reasoning behind the move.
Official Trump Team Moves Millions In TRUMP Memecoin Donald Trump’s team shifted 16.84 million TRUMP tokens worth approximately $16.91 million to three Fireblocks custody wallets today, according to Arkham Intelligence data.
“TRUMP TEAM SENT $16M TRUMP TO CUSTODY.” The blockchain analytics platform added, “The $TRUMP team just transferred $16.91M of TRUMP to 3 Fireblocks Custody addresses.”
The transfers were distributed in three wallets. First, approximately 3.555 million worth $5.5 million TRUMP tokens were transferred to an address on Fireblocks. Thereafter, the team moved 3.596 million TRUMP tokens to another address on Fireblocks. At last, 3.686 million TRUMP tokens were shifted to a third address on Fireblocks. The total of the transfers on execution was approximately $16.91 million.
TRUMP TEAM SENT $16M TRUMP TO CUSTODY
The $TRUMP team just transferred $16.91M of TRUMP to 3 Fireblocks Custody addresses.
These addresses have all received $TRUMP in the past, and all sent their past TRUMP to Bitgo. Are they distributing TRUMP unlocks? pic.twitter.com/Y6XU8dg7qS
— Arkham (@arkham) July 25, 2026
Moreover, Arkham said that these wallets had previously also received TRUMP tokens. The firm asked, “These addresses have all received $TRUMP in the past, and all sent their past TRUMP to Bitgo. Are they distributing TRUMP unlocks?”
The latest movement drew attention as a big part of the token is kept under the control of the insiders. The TRUMP team has the ability to sell up to 96 million tokens, or 9.6% of the entire token supply, at the current price tag of $150 million, per crypto tools data. This figure is significant as it is about 40% of the current total token supply of 237 million.
There are currently 80% of the total supply in the hands of the insiders, and almost 670 million tokens (67%) are already unlocked. At press time, the TRUMP token was at $1.57, marking an 83% decline from its year-over-year high and nearly 98% drop from $73.43 in January 2025. According to data, there have been approximately 1 million buyers who have lost a total of $3.81 billion.
The CLARITY Act Factor In Play The Trump coin activity on-chain comes amid digital asset legislation in Washington. Despite recognizing it wouldn’t get 60 votes required for passage, Senate Majority Leader John Thune is trying to get the CLARITY Act to the floor prior to the August recess.
As CoinGape reported previously, Thune said, “I would like to at least get Clarity started. We’ll see where the votes are.” The bill passed the House in July 2025 and passed the Senate Banking Committee the following month with a vote of 15-9 in May 2026. However, the bill still needs to gain about seven Democratic votes to pass and key issues of contention remain: ethics rules and consumer protection.
The ethics provisions crackdown on Donald Trump’s crypto businesses like the TRUMP meme coin. Hence, the recent onchain movement has sparked discussions on the Internet.
TLDR: Trump Coin News centers on a team-linked transfer of 10.84 million TRUMP tokens worth about $16.91 million into a custody route. Lookonchain says team-linked wallets moved $172.4 million worth of TRUMP across three batches during five months. Official Trump (TRUMP) trades near $1.56, while the $1.50 level offers the nearest psychological support if exchange-bound supply increases. Custody transfers do not confirm token sales, and the team has not disclosed whether the movement reflects storage, liquidity planning, or distribution. Trump Coin news has returned to on-chain flows after a team-linked wallet transferred 10.84 million TRUMP tokens. The assets were worth about $16.91 million when trackers flagged the movement on July 25. Lookonchain described the transfer as the third large batch from the same wallet cluster in five months.
The TRUMP price traded near $1.56 after the move, down about 2.6% over 24 hours. Coingecko data shows the market value reached near $387 million and daily volume around $198 million. The transfer adds new supply concerns, although blockchain activity alone cannot confirm that the team sold any tokens.
Trump Coin News Tracks Third Major Team Wallet Transfer Lookonchain says the latest team wallet transfer followed a route seen during two earlier distributions. Tokens first leave the allocation wallet before moving through institutional custody infrastructure. Previous batches later reached centralized exchanges, including OKX, according to on-chain reports.
The #Trump team transferred out another 10.84M $TRUMP($16.91M) 1 hour ago, likely to be deposited into BitGo and then sent to exchanges.
Over the past 5 months, the #Trump team has transferred out 48.25M $TRUMP ($172.4M) in 3 batches.
After each transfer, the price of $TRUMP… pic.twitter.com/XdL9NZikpr
— Lookonchain (@lookonchain) July 25, 2026
On-chain analyst Yu Jin said that the 10.837 million tokens could move through BitGo before reaching exchange accounts. Arkham-linked reporting also identified transfers involving Fireblocks custody addresses. These services can support secure storage, settlement, or exchange routing, so a custody deposit does not prove immediate selling.
TrumpCoin News reveals the team-linked wallets moved 48.25 million TRUMP, valued at $172.4 million, across three batches. According to market data, those periods had a price decline exceeding 66%.
That figure shows correlation, not confirmed causation. TRUMP also trades as a high-volatility memecoin and often reacts to Bitcoin, liquidity conditions, and wider risk sentiment. Yet large exchange-bound flows can increase available supply and weaken confidence when demand does not rise at the same pace.
TRUMP Price Holds $1.50 as Exchange Flow Risk Builds The TRUMP price remains close to the lower end of its recent trading range. Coingecko data shows the Official Trump (TRUMP) price reached a 24-hour low near $1.55 and a high around $1.61. The $1.50 area now acts as the nearest psychological level watched by short-term traders.
Official Trump (TRUMP) Price A break below that zone could expose the $1.40 to $1.45 area, especially if fresh tokens reach exchanges. Conversely, stabilization above $1.50 may limit immediate pressure if Bitcoin and the broader crypto market recover. Trading volume will help show whether sellers gain control or buyers absorb the additional supply.
Trump coin news may remain sensitive to destination addresses over the next several sessions. Transfers into custody wallets may reflect treasury management, liquidity planning, or preparation for exchange deposits. Only later movements into known trading venues would strengthen the case for active distribution.
The team has not publicly confirmed the purpose of the latest transfer. That leaves wallet labels, transaction routes, and subsequent exchange deposits as the main evidence available to traders.
Official Trump [TRUMP] memecoin traded within a narrow range between $1.50 and $1.60 over recent weeks.
At press time, TRUMP traded near $1.56 after declining 2.46% over 24 hours. It also extended its weekly loss to 4%. Meanwhile, Trading Volume dropped 17%, reflecting weaker market participation.
Why did the TRUMP team move 10.8M TRUMP? While Official Trump [TRUMP] struggled on the charts, a team-linked address transferred another large token batch.
According to Arkham, the address moved 10.837 million TRUMP, valued at $16.91 million.
Source: Arkham Over five months, the team reportedly transferred 48.25 million tokens across three batches. Their combined value at each transfer was $172.4 million.
Previous batches later moved through BitGo before reaching centralized exchanges. However, the latest tokens had not necessarily followed that route yet.
The transfer itself did not create new tokens. Still, unlocked tokens entering exchanges could expand the sellable supply and pressure TRUMP’s price.
Are traders preparing to sell? The transfer coincided with cautious activity across TRUMP’s futures and Spot markets. Futures Outflows reached $27.02 million, while Futures Inflows stood at $24.7 million.
Source: CoinGlass As a result, Futures Netflow fell to -$2.32 million. The negative reading showed more capital leaving futures exchanges than entering them.
However, the data alone could not confirm whether traders closed positions or moved funds elsewhere. By contrast, Spot Netflow turned positive at $107,000 after recording -$500,000 the previous day.
Source: CoinGlass Positive Spot Netflow indicated that exchange deposits exceeded withdrawals. This could increase near-term selling pressure if holders liquidate those tokens.
Can the memecoin defend $1.50? Despite the transfer, TRUMP’s momentum indicators showed no clear directional advantage. The Aroon Up measured 50, while the Aroon Down stood at 42.
Source: TradingView The narrow gap suggested that neither buyers nor sellers had established firm control.
At the same time, the MACD continued rising but remained below zero. This suggested improving momentum within a still-bearish structure.
Taken together, the indicators could support further consolidation between $1.50 and $1.60.
However, stronger selling could push TRUMP toward $1.40. Holding $1.50 may keep the existing range intact.
Final Summary A team-linked address transferred 10.837 million TRUMP tokens valued at $16.91 million. Positive Spot Netflow raised selling concerns, although TRUMP retained its narrow trading range.
Political memecoins have always attracted attention, but few have generated as much debate as Official Trump ($TRUMP). Once one of crypto’s biggest success stories, the token has become a symbol of how quickly sentiment can change in speculative markets.
With prices remaining far below previous highs and fresh reports highlighting investor losses, many traders are exploring projects built around broader ecosystems rather than political narratives. MemeToro ($MT) is one of the presales gaining traction by focusing on AI-powered tools and community infrastructure instead of celebrity branding.
Trump Memecoin Remains One of Crypto’s Most Controversial Tokens The Official Trump memecoin continues to dominate headlines for reasons beyond its market performance.
Recent reports estimate that nearly 988,905 wallets have lost money on the token, with combined investor losses reaching approximately $3.81 billion. At the same time, President Donald Trump’s financial disclosures showed around $635 million in royalties from the memecoin licensing agreement, while his broader cryptocurrency ventures reportedly generated more than $1.4 billion during his first full year back in office.
The contrast has fueled debate across the crypto industry.
Many investors point to the difference between issuer earnings and retail outcomes as a reminder of how unpredictable politically themed memecoins can become. The token itself has fallen more than 96% from its all-time high of roughly $75, trading around $1.58 during recent market updates.
Despite the decline, $TRUMP remains one of the most recognized political tokens in crypto.
Its price continues reacting heavily to political news, public appearances, and market sentiment rather than platform development or ecosystem growth.
That dependence on external events has encouraged some investors to look toward projects with utility beyond branding alone.
MemeToro Builds Around Communities Instead of Personalities Rather than depending on one public figure or viral trend, MemeToro ($MT) is designed as a platform where different communities can launch and grow their own projects.
Creators receive dedicated profile pages where they can introduce their ideas, publish updates, and interact directly with supporters. Every project also includes transparent dashboards showing token allocations, liquidity information, and wallet activity, giving users more information before participating.
The platform also encourages long-term community engagement through several integrated features.
Some of the ecosystem highlights include:
Creator pages with live updates Public meme galleries Community reward programs DAO governance through $MT AI-powered sentiment monitoring Transparent token dashboards The goal is to help projects build active communities rather than relying entirely on celebrity attention or short-term market excitement.
Your Step-by-Step Guide to the $MT Presale No technical background needed. Just head to the official site and click the active presale link to get started. Next, connect a wallet that’s compatible with BNB Chain. When it’s time to pay, you can choose BNB, ETH, stablecoins, or a card. Confirm the purchase and your tokens land in your wallet almost instantly.
Getting in early isn’t just about price. Early buyers get first crack at staking rewards, trading tools, and new features as MemeToro ($MT) rolls them out.
MemeToro’s public presale is currently progressing through Stage 4. The project has raised $80,178.47, reaching 73.28% of its current funding goal of $109,411.90.
The current entry price remains $0.00232 per $MT, while the official launch price has been fixed at $0.01875.
Investors Are Looking Beyond Political Narratives The Trump memecoin remains one of the most recognizable names in crypto, but its recent performance highlights how quickly sentiment can shift around politically driven assets. As more investors evaluate projects before buying, many are paying closer attention to platforms with broader ecosystems instead of tokens tied to individual personalities.
MemeToro ($MT) reflects that changing approach by focusing on creator communities, transparent project information, AI-powered market insights, and long-term platform development while continuing to build momentum through its Stage 4 public presale.
More Information on MemeToro ($MT) Presale Here:
Website: https://memetoro.com/
X: https://x.com/memetoro_mt
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An individual who leverages the Official Trump (CRYPTO: TRUMP) memecoin to score invitations to events hosted by President Donald Trump found disclosure of his billion-dollar cryptocurrency profits "absurd" and "mind-blowing."
‘In Europe, Something Like This Would Never Happen’Fast forward almost 14 months, and the $1.4 billion fortune Trump made on these cryptocurrency projects is what everyone’s talking about.
“It’s quite absurd to be honest, a president that monetizes his presidency the way he did,” said Mortensen, who is from the Netherlands, in an interview with Benzinga. “In Europe, something like this would never happen.”
Mortensen called it “mind-blowing” that Trump monetizes not only cryptocurrency but also merch, watches, and trading cards.
‘Memecoins Almost Never Last’The TRUMP memecoin was launched just before Trump’s presidential inauguration in January 2025. It reached a market capitalization of nearly $15 billion shortly after the launch, before collapsing by 98% to $368 million at the time of writing.
On-chain analysis revealed that nearly one million investors who bought the TRUMP meme coin collectively lost $3.81 billion. All this while Trump collected more than $635 million in royalties from the project.
But Christensen never really had confidence in the memecoin. He sold all his TRUMP in the first week and only uses a market-neutral strategy—buying the memecoin while shorting the same amount—just to get invited to Trump-hosted events.
“Memecoins almost never last,” he said. “It’s attention economy, and if you’re not out in first week or two weeks, then shame on yourself.”
So, if given the chance, would he use the same market-neutral strategy to attend those fancy events again? Christensen replied, “Absolutely.”
What About WLFI?Christensen revealed that 80% of his World Liberty Financial (WLFI) tokens are locked, but he managed to sell 20% of the unlocked portion.
“I hold a significant amount on paper, but in my mind, it’s kind of worth zero because it’s a two-year lock,” he said. In two years, a project can die easily.”
It’s worth reminding that Trump earned over $520 million from the sale of tokens issued by World Liberty Financial, and over $65 million from equity sales in WLFI’s holding company, WLF Holdco.
The Rise Of The ‘Crypto President’The disclosures have sparked massive backlash and conflict-of-interest concerns, prompting Sen. Elizabeth Warren (D-Mass.) to call for ethical safeguards in cryptocurrency legislation to block any opportunities for Trump to profit.
Dylan Dewdney, co-founder and CEO of agentic finance platform Kuvi.ai, said the optics are poor and that the “long-term damage will be to crypto’s credibility” rather than to any one politician.
“This is, unfortunately, a case of crypto making its own bed and now having to lie in it,” he said.
Trump has defended his cryptocurrency income, asserting there was nothing “illegal” or “wrong” about it.
A White House spokesperson told Benzinga that all of the President’s assets are held in “fully discretionary accounts” managed by “independent third-party financial institutions,” while rejecting any allegations of conflicts of interest.
Photo Courtesy: Joey Sussman on Shutterstock.com
Market News and Data brought to you by Benzinga APIs
Nearly one million investors who bought President Trump’s official TRUMP (CRYPTO: TRUMP) meme coin have collectively lost $3.81 billion, according to an investigation by blockchain analytics firm Nansen.
$3.81 Billion Loss Vs. $636 Million ProfitNansen found that 988,905 wallets, constituting around two thirds of all TRUMP buyers, were underwater through the end of June 2025.
Nansen noted those gains were concentrated among a relatively small group of early buyers who benefited before the token’s sharp decline.
The report follows the President’s annual financial disclosure, which showed he earned approximately $636 million from the meme coin project in 2025.
Trump and affiliated entities generated revenue through trading fees, allowing them to profit regardless of whether the token’s price rose or fell.
TRUMP was launched three days before the 2025 presidential inauguration and has fallen about 97% since reaching an all-time high of $75.35.
Retail Vs. Sophisticated TradersAs cited by The New York Times on July 4, the Nansen report underscores the widening gap between sophisticated traders and retail investors in the meme coin market.
The analytics firm said early participants, many using automated trading strategies, captured outsized gains during the token’s initial surge, while later retail buyers absorbed most of the subsequent losses.
The White House rejected suggestions that Trump profited at the expense of investors.
"President Trump proudly made the U.S. the crypto capital of the world," White House spokeswoman Anna Kelly told The New York Times.
"All actions by President Trump and his administration are taken in the best interest of the American people."
Benzinga has reached out to the White House with request for comment.
Image: Shutterstock
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Meme coin dominance has slipped to 3.7% of the altcoin market, its lowest level since February 2024, according to CryptoQuant. Analyst Darkfost says the number of meme coin holders now sits at a three-year low.
The reading marks a steep retreat from November 2024, when a post-election trading frenzy pushed meme tokens above 10% of the altcoin market. Capital has since flowed elsewhere.
Meme coin holders are becoming increasingly rare. Source: CryptoQuant Capital Rotates Toward Utility TokensThe dominance ratio weighs the combined value of meme tokens against the wider altcoin market. A falling reading shows the group losing ground to its rivals.
“Meme coin holders are becoming increasingly rare,” Darkfrost highlighted.
The rotation shows up in raw market value. Meme tokens are worth roughly $28 billion combined. Real-world asset (RWA) tokens, a sector now drawing capital, top $64 billion, more than double that, per CoinGecko data.
Analysts tracking the current altcoin narratives point to artificial intelligence (AI), RWA, and decentralized finance (DeFi) as the main draw.
Dogecoin (DOGE) remains the biggest meme coin, worth about $12.1 billion. That is close to half the entire sector’s value.
Long-Term Holders Feel the SqueezeFew cases show the shift better than Murad Mahmudov. On the Token2049 stage in 2024, he pitched a meme coin supercycle, arguing culture-driven tokens would outrun Bitcoin and Ethereum.
He has held that meme coin portfolio for more than two years. On-chain data tracked by Arkham shows he has not sold a single token. The portfolio has still fallen about 81% from its peak.
MURAD HAS BEEN HOLDING MEMECOINS FOR 2 YEARS
Murad has been holding his memecoin portfolio for over 2 years now. He’s down 81% from his portfolio all-time-high – but he’s still holding.
He never sold anything. Will Murad make it after all? pic.twitter.com/85VxzfwmPq
— Arkham (@arkham) July 3, 2026 SPX6900 (SPX) leads that book. The token trades near $0.40 and is down roughly 67% over the past year, well below its July 2025 high.
SPX6900 (SPX) Price Performance. Source: CoingeckoPolitical meme coins have fared worse. Official Trump (TRUMP), launched days before the January 2025 inauguration, spiked near $73 before collapsing. It now changes hands around $1.71, down about 98%, and most of its buyers sit underwater.
Perhaps the most blatant example of corruption in the history of American politics. pic.twitter.com/SlNdRmWFvg
— Charlie Bilello (@charliebilello) July 1, 2026 The pattern has precedent. The last time meme dominance sat this low, in early 2024, a sharp rally followed within months. Whether that repeats depends on retail traders returning, and for now a fresh meme coin season looks distant while money favors tokens with real-world uses.
President Donald Trump’s memecoin has generated a reported $636 million payout for him while nearly 1 million buyers have collectively lost $3.81 billion, according to newly analyzed blockchain data and financial disclosures.
Summary
Nansen said nearly 989,000 TRUMP memecoin wallets lost a combined $3.81 billion by the end of June. Trump’s 2025 financial disclosure reported a $636 million payout from the TRUMP memecoin and at least $1.4 billion in crypto-related income. The disclosure has renewed political scrutiny, with Sen. Kirsten Gillibrand pushing for stricter ethics rules in pending crypto legislation. According to a report by The New York Times, citing blockchain analytics firm Nansen, 988,905 wallets that bought the Official Trump (TRUMP) memecoin had recorded cumulative losses of $3.81 billion through the end of June. Nansen said the figure includes both realized losses and paper losses held by investors who have not yet sold their tokens.
The analysis followed the release of Trump’s 2025 financial disclosure, which showed he received a $636 million payout tied to the TRUMP memecoin. The filing also disclosed at least $1.4 billion in crypto-related income during the reporting period, largely connected to licensing agreements linked to the memecoin and token sales by Trump-backed World Liberty Financial (WLFI).
Unlike retail buyers, Trump benefited from trading activity regardless of whether the token price rose or fell because the venture generated revenue from transactions, The New York Times reported. During the token’s launch, Trump repeatedly promoted the memecoin on Truth Social, encouraging supporters to purchase it.
Three days before his January inauguration, Trump introduced the TRUMP memecoin, describing it on social media as a way for supporters to join his community. Since then, the token has fallen sharply from its peak. Nansen said the memecoin traded at about $1.76 on Friday, roughly 97% below its all-time high of $75.35.
Retail investors absorbed most of the losses According to Nansen, roughly two out of every three wallets that purchased the TRUMP token have lost money. The firm also found that fewer than 500,000 wallets generated about $4 billion in combined profits, with gains concentrated among a relatively small group of early participants who entered before the price surged.
The report said automated traders and experienced crypto investors typically capitalize on the rapid price swings common in memecoins by buying early and selling into retail demand. Nansen concluded that most profits were captured by this smaller group, while later buyers accounted for the majority of losses.
One investor interviewed by The New York Times, Nicholas Pinto, said he invested roughly $500,000 in the TRUMP token after supporting Trump in the 2024 election and estimated he had lost about half of that investment. Pinto argued that Trump’s public position encouraged confidence among buyers and described the project as “almost a legal scam.”
Responding to criticism, White House spokeswoman Anna Kelly told The New York Times that Trump had made the United States the “crypto capital of the world” and said his actions were taken in the interests of the American people.
Crypto earnings continue to draw political scrutiny In a recent CNBC interview, Trump said he was unaware that his crypto ventures had generated at least $1.4 billion, adding that he could know the exact amount if he wanted to and insisting there was nothing improper about earning money from digital assets. He also said he had no plans to distance himself or his family from their crypto businesses.
World Liberty Financial has also faced losses among investors. According to Nansen, 85% of the 26,663 WLFI wallets it tracked were underwater, recording combined losses of about $83 million compared with roughly $23 million in profits. The firm noted that the actual losses are likely much larger because many secondary-market transactions on exchanges cannot be traced publicly.
The financial disclosure has also intensified political debate in Washington. Sen. Kirsten Gillibrand recently renewed her call for ethics rules that would prohibit government officials and their spouses from creating or promoting crypto memecoins while Congress considers the CLARITY Act.
According to Gillibrand, Senate negotiations are also examining stablecoin yields, anti-money laundering safeguards, and ethics provisions before lawmakers move the legislation forward.
Several altcoins are gaining attention today, driven by growing interest in political and celebrity-themed cryptocurrencies. Among the standout performers is TRUMP, Donald Trump’s official coin, which skyrocketed to a $15 billion market cap within just 24 hours of its debut.
MELANIA, a coin referencing Trump’s wife, followed with strong momentum, reaching hundreds of thousands of holders but entering a sharp correction. Meanwhile, Dogelon Mars (ELON), a meme coin related to the image of Elon Musk, saw its price double after weeks of sideways trading, highlighting the growing trend of meme coins tied to influential figures.
Official Trump (TRUMP)TRUMP, Donald Trump’s official coin on Solana, became one of the fastest-growing altcoins ever, reaching a $15 billion market cap and $2 billion in trading volume within 24 hours of its launch. Its explosive debut reflects significant interest as it coincided with Trump’s inauguration.
TRUMP Price Analysis. Source: DexscreenerThe coin now has over 850,000 holders and records more than 60,000 daily transactions. However, TRUMP has been down 34% in the last 24 hours, with key resistance levels at $64.5 and $71.8 if momentum returns.
If the euphoria continues to fade, TRUMP could fall further, testing support at $30.33 and possibly dropping to $15.43.
Melania Meme (MELANIA)MELANIA, a coin referencing Donald Trump’s wife, was launched on Solana just hours after TRUMP, quickly reaching billions in market cap. Its rapid rise shows how political-themed coins could be among the hottest narratives for this week.
MELANIA Price Analysis. Source: DexscreenerThe coin now has over 420,000 holders and a market cap of $868 million, but it has been down 43% in the last six hours. If the correction persists, MELANIA could test support at $3.95, signaling further downside pressure.
On the other hand, renewed hype could push MELANIA to test resistance at $9.36. A breakout above that level might drive the price toward $13.5, reigniting bullish momentum.
Dogelon Mars (ELON)Dogelon Mars (ELON), a meme coin referencing Elon Musk, is trending amidst the buzz surrounding Donald Trump’s inauguration. Musk’s perceived support for Trump has brought renewed attention to Musk-related altcoins, boosting its popularity.
ELON Price Analysis. Source: TradingViewELON, which had been trading sideways for weeks, began surging on January 19, doubling its price in hours and reaching its highest levels since 2022. This shows that this kind of celebrity/political meme coin is on the rise.
If a correction occurs, ELON could test support at $0.00000017, with a risk of further declines below $0.00000010. However, if the hype persists, the coin may rise again to $0.00000068, potentially testing $0.00000090 with a strong uptrend.
President Donald Trump refuted claims that he is financially benefiting from his Official Trump (CRYPTO: TRUMP) meme coin during an interview that aired Sunday.
“I haven't even looked," Trump said, implying he was unaware of the coin’s gains and the market valuation it has spawned since launch. "If I own stock in something, and I do a good job, and the stock market goes up, I guess I'm profiting."
See Also: If You Bought $1 Worth Of Bitcoin At Launch, Here’s How Much You’d Have Today
Trump stated that he started endorsing cryptocurrency before his presidency. “I want crypto. I think crypto's important because if we don't do it, China's going to. And it's new, it's very popular, it's very hot.”
When Trump was asked if he would donate cryptocurrency earnings back to the government, he replied, “Should I contribute all of my real estate that I've owned for many years if it goes up a little bit because I'm president and doing a good job? I don't think so.”
Why It Matters: Trump’s denial adds another layer to the ongoing debate surrounding the ethical implications of his involvement in the cryptocurrency market.
The meme coin, 80% of whose supply is controlled by an affiliate of the Trump Organization, emphasizes that TRUMP is not a political initiative or investment opportunity but an expression of support for Trump's ideals.
The token bumped to an all-time high of $75.35 shortly after its launch but has since cratered more than 85%.
Price Action: At the time of writing, TRUMP was exchanging hands at $11.12, up $0.12 in the last 24 hours, according to data from Benzinga Pro.
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Bitcoin, Ethereum, XRP, Dogecoin Slide Into Red As Q1 GDP Slides Into Contraction Disclaimer: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.
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