WASHINGTON, D.C. — Donald Trump cleared more than $635 million from the TRUMP meme coin after taking office on January 20, 2025. During his term, he signed executive orders supporting the cryptocurrency industry, established a Strategic Bitcoin Reserve, and pushed through the GENIUS Act for stablecoins.

The TRUMP meme coin launched on January 18, 2025, two days before Trump entered office. On January 20, 2025, the coin traded around $35, having peaked at $74.27 within 48 hours of its launch. Analytics firm Nansen reported that TRUMP meme coin buyers experienced combined losses totaling $3.81 billion. Nearly one million people bought the TRUMP meme coin.

For context, on January 20, 2025, Bitcoin opened around $102,000, and gold traded at $2,697 per ounce. By July 9, 2026, Bitcoin traded near $60,000, and a $10,000 investment made on January 20, 2025, was worth approximately $5,880. Gold traded around $4,110 per ounce on July 9, 2026, and hit an all-time high of $5,597 in January 2026. A $10,000 investment in gold on January 20, 2025, was worth approximately $15,248 on July 9, 2026. In comparison, an investment of $10,000 in the TRUMP meme coin on January 20, 2025, was worth approximately $430 by July 9, 2026.

Why It Matters

This report details financial outcomes associated with the TRUMP meme coin in relation to Donald Trump's actions in office between January 2025 and July 2026. The financial gain for Trump and the losses for investors in the meme coin occurred in parallel with his administration's support for the broader cryptocurrency industry through executive actions and legislation. The performance of the TRUMP meme coin can be compared to that of other assets like Bitcoin and gold during the same period to understand market trends.