{"id":739506,"date":"2026-07-02T19:21:10","date_gmt":"2026-07-02T19:21:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/739506\/"},"modified":"2026-07-02T19:21:10","modified_gmt":"2026-07-02T19:21:10","slug":"how-trump-made-more-than-1-billion-on-crypto-when-most-of-his-coins-investors-lost-money","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/739506\/","title":{"rendered":"How Trump made more than $1 billion on crypto when most of his coin\u2019s investors lost money"},"content":{"rendered":"<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmr3ryw4h002y28qobwks4n8i@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            President Donald Trump <a href=\"https:\/\/www.cnn.com\/2025\/01\/20\/tech\/meme-coins-donald-melania-trump-intl-hnk\/index.html\" rel=\"nofollow noopener\" target=\"_blank\">launched his $TRUMP memecoin<\/a> in the days leading up to his second inauguration, ushering in a pro-crypto administration \u2013 and a lucrative family business.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmr3rz6pt0002356r5949y2rv@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            The venture that netted Trump hundreds of millions of dollars last year, part of overall crypto gains that topped $1 billion.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmr3rz6pt0003356r1ke76f31@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Most $TRUMP memecoin investors weren\u2019t so lucky.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmr3rz6pt0004356r3n99tcye@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            $TRUMP was an instant success, catapulting to a $15 billion market valuation, according to CoinMarketCap. It\u2019s now worth just $400 million \u2013 a 97% implosion.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmr3rz6pt0005356r58oblhlm@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            But the memecoin\u2019s price is meaningless to Trump. Even as his memecoin investors lost money, Trump reaped the rewards.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmr3rz6pt0007356r7kp8592o@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Trump attributed his <a href=\"https:\/\/www.cnn.com\/2026\/06\/30\/politics\/trump-cryptocurrency-millions-disclosures\" rel=\"nofollow noopener\" target=\"_blank\">enormous 2025 wealth increase<\/a> to the stock market.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmr3rz6pt0008356rfn7cb0g9@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            \u201cYou know why I\u2019m profiting, because the stock market\u2019s going up,\u201d Trump told reporters at Joint Base Andrews before a flight to North Dakota. \u201cEverybody\u2019s profiting.\u201d\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmr3rz6pt0009356r16e9ih4j@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            He\u2019s not wrong that the market is boosting Americans\u2019 portfolios: Folks who were invested in the S&amp;P 500 throughout 2025 earned a handsome 17.9% return on their investment.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmr3rz6pu000a356r8xmwresd@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            But that\u2019s not what\u2019s going on here. Crypto, not stocks, accounted for the bulk of Trump\u2019s net worth gain last year. Of that , very little was from direct investments in cryptocurrencies.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmr3rz6pu000b356roolm5sj3@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Instead, Trump got most of his crypto money in 2025 from transaction and licensing fees and other revenue associated with the coins his company sold to traders. Trump\u2019s companies are the majority owners of the tokens, with Trump Organization affiliates CIC Digital and Fight Fight Fight LLC controlling 80% of the coin\u2019s supply.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmr3rz6pu000c356r9stdd747@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Trump stands to gain from the coin\u2019s market value. But irrespective of whether $TRUMP rose or fell, he earned transaction fees each time $TRUMP was bought or sold.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmr3rz6pu000d356rjhgc5n77@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Between his memecoin and other cryptocurrency tokens tied to World Liberty Financial LLC \u2014 a firm managed in part by his sons, Eric and Donald Trump Jr. \u2013 Trump netted more than $526 million from token sales.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmr3rz6pu000f356r01ysq94p@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Memecoins have a tendency to surge \u2013 then tumble \u2013 in price. That\u2019s because memecoins, unlike typical cryptocurrencies, have <a href=\"https:\/\/www.cnn.com\/2025\/01\/21\/investing\/meme-coin-trump-crypto-nightcap\/index.html\" rel=\"nofollow noopener\" target=\"_blank\">no intrinsic value<\/a>. They\u2019re extraordinarily risky and speculative assets that trade on an exchange but lend themselves to scams called \u201crug-pulls.\u201d\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmr3rz6pu000g356rvexer2qn@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            In a rug-pull, memecoin creators launch a coin, wait for the price to surge, and then cash out their earnings.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmr3rz6pu000h356r4ecvr7i8@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            $TRUMP and the associated  $MELANIA, advertised themselves as rug-pull-proof, ensuring that the president and first lady couldn\u2019t unlock any of their gains all at once \u2013 they had to stagger sales over the course of three years.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmr3rz6pu000i356r7ybslinc@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            But just because a memecoin isn\u2019t a scam doesn\u2019t make it a smart investment. So why would people buy $TRUMP?\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmr3rz6pu000j356rho3t5rtb@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Investors in $TRUMP may have been attractedbecause they wanted to support the president. They may have done it for the novelty or because they believed it would be lucrative .\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmr3rz6pu000k356rpp07336v@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            But some big-pocketed investors poured money into the memecoin to gain access to Trump.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmr3rz6pu000l356r6gas3xrg@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Last May, Trump hosted a <a href=\"https:\/\/www.cnn.com\/2025\/05\/23\/politics\/trump-crypto-meme-coin-dinner\" rel=\"nofollow noopener\" target=\"_blank\">black-tie dinner<\/a> as a special reward for the top 220 holders of $TRUMP. Attendees contributed millions of dollars in investments in his crypto token. The 25 biggest investors gained access to a small VIP reception with the president.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmr3rz6pu000m356rwmoerg80@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            So the $TRUMP memecoin may have been a lousy investment over the past year. But some of its investors still gained something. Trump certainly did.\n    <\/p>\n","protected":false},"excerpt":{"rendered":"President Donald Trump launched his $TRUMP memecoin in the days leading up to his second inauguration, ushering in&hellip;\n","protected":false},"author":2,"featured_media":739507,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[23,3,21,19,22,20,25,24],"class_list":["post-739506","post","type-post","status-publish","format-standard","has-post-thumbnail","category-united-states","tag-america","tag-news","tag-united-states","tag-united-states-of-america","tag-unitedstates","tag-unitedstatesofamerica","tag-us","tag-usa"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/739506","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=739506"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/739506\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/739507"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=739506"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=739506"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=739506"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}