SMH
·australia
·2 hours ago
Nearly a million investors lost $5.5 billion on Trump’s crypto coin
Nearly 1 million investors lost $3.81 billion by the end of June on Donald Trump's $TRUMP meme coin, according to Nansen. The coin's value plummeted 97 percent from its peak of $75.35, with roughly two-thirds of buyers encountering losses. Critics claim Trump profited by promoting the coin while encouraging followers to invest.
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Published 05 Jul 2026, 09:45 UTC · Updated 05 Jul 2026, 09:50 UTC
Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections
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