The Donald Trump memecoin lost more than 760K dollars.

According to recently released data, more than 764,000 wallets that invested in President Donald Trump's TRUMP parody coin are currently losing money.

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Retail investors have suffered the most from the sell-off, as evidenced by the fact that the great majority of wallets only suffered little losses.

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Additionally, a few number of early whales receive an excessive share of the profits. Just 58 wallets, totaling over $1.1 billion, earned more than $10 million each.

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[{"selector":"#anim-c7d2926a-1deb-421d-89e5-610941da3c1e","keyframes":{"opacity":[0,1]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7cc51ec5-0bdc-4789-b0ec-0b4f62df01f0","keyframes":{"transform":["translate3d(0px, -95.58865%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] The Senate's Permanent Subcommittee on Investigations has officially begun investigating the token's composition and revenue streams.

[{"selector":"#anim-4dc2c02e-9c48-4160-94df-19aff6109b71","keyframes":{"opacity":[0,1]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a4cbb432-15fd-446a-bf3b-284f330b4a0a","keyframes":{"transform":["translate3d(0px, -95.58865%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Lawmakers are especially concerned since the token creates a conflict of interest by giving the Trump family 75% of its revenue through its affiliated company, World Liberty Financial.

[{"selector":"#anim-6901c0dc-6ec3-49e9-95b5-9f5bdc6951d5","keyframes":{"opacity":[0,1]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a1ecf723-0fb0-47db-b40c-4d24c1bcd9c4","keyframes":{"transform":["translate3d(0px, -95.58865%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] When the firm announced a May 22 dinner at Trump National Golf Club in Washington, D.C., as a thank you for the top 220 holders, the project garnered fresh attention in April.

[{"selector":"#anim-a12fec0a-b5d9-4419-91ca-ca52941f9711","keyframes":{"opacity":[0,1]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-71205fd6-651b-4ec5-b620-afce30d46440","keyframes":{"transform":["translate3d(0px, -95.58865%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Since the rally, 54,000 wallets have joined, despite the fact that TRUMP's price is still fluctuating. Still, concerns about ethics and insider earnings are growing.

The Donald Trump memecoin lost more than 760K dollars.

According to recently released data, more than 764,000 wallets that invested in President Donald Trump's TRUMP parody coin are currently losing money.

Retail investors have suffered the most from the sell-off, as evidenced by the fact that the great majority of wallets only suffered little losses.

Additionally, a few number of early whales receive an excessive share of the profits. Just 58 wallets, totaling over $1.1 billion, earned more than $10 million each.

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