Trump supporters face $12 billion loss as his meme coin plummets in value

Donald Trump supporters faced a massive $12 billion loss after his meme coin collapsed, wiping out investments and sparking financial concerns

Supporters of Donald Trump have recently faced significant financial losses due to the collapse of a meme coin associated with him.

This financial setback amounts to a staggering $12 billion.

The coin, which was launched as a way to celebrate Trump’s return to the White House, has proven to be highly volatile.

Trump supporters face major losses after investing in his failed meme coin. Image Credit: Getty

The rise and fall of $TRUMP coin
The $TRUMP coin was introduced in January 2025, promising to bring prosperity to its investors.

Initially, many people were excited, and some even became millionaires overnight. The launch was seen as a patriotic move, aligning with Trump’s political brand.

However, as the excitement faded, the value of the coin plummeted dramatically.

Since its peak, the $TRUMP coin has lost about 80% of its value. From a high of $73.43 just days after its launch, the coin has dropped to around $11.27.

This rapid decline has left many investors reeling and questioning their decisions. Those who invested heavily in the coin are now facing substantial losses.

The $TRUMP coin soared initially but later crashed, losing 80% value. Image Credit: Getty

Comparison to other meme coins
The $TRUMP coin is not the only meme coin facing difficulties. Melania Trump’s own coin, the $MELANIA, has also struggled.

Investors who bought $MELANIA at its peak have seen their investments drastically reduced.

For instance, a $10,000 investment at the coin’s peak of $13.73 is now worth only about $652.44.

This pattern of loss reflects the risky nature of investing in meme coins, which many experts compare to gambling.

Wider impact on the cryptocurrency market
The collapse of these meme coins coincides with a broader downturn in the cryptocurrency market.