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TRUMP Memecoin Crushed Retail, Enriched Insiders

TRUMP Memecoin: $3.81B Retail Losses, $636M to Trump, $4B Insider Extraction Documented

Unverified — auto-generated summary, not yet reviewedAltsJul 5, 2026

Nansen data confirmed President Trump extracted approximately $636 million from the TRUMP memecoin while approximately 988,000 retail wallets collectively lost $3.81 billion. Total insider extraction across the project reached approximately $4 billion. Senator Kirsten Gillibrand introduced legislation to ban elected officials including the President from launching or profiting from memecoins, citing the disclosed figures.

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