Data Released! How Many TRUMP Token Victims Are There? How Many People Have Been Harmed?

The cryptocurrency launched under the auspices of former US President Donald Trump has provided significant financial gains for its founders while causing losses for thousands of investors.

According to estimates from three blockchain analysis firms, including Merkle Science and Chainalysis, the ‘TRUMP’ token generated transaction fees of between $86 million and $100 million in just two weeks after its launch.

After being introduced on January 17, the token saw a rapid increase in trading activities. One of the organizations behind the project is CIC Digital, a company owned by Trump. The official website of the ‘TRUMP’ token confirms that CIC Digital will generate trading revenue from the trading activities of this memecoin.

However, while the asset behind the token collects millions in fees, blockchain analysis shows that approximately 200,000 crypto wallets belonging to most small-scale traders are losing money from coin trading. This situation highlights the disproportionate tendency of meme coins to provide benefits to early adopters and issuers compared to latecomers, often revealing their variable nature.

However, this figure only includes users who transact onchain, and when combined with exchange users, this number could multiply.

The rapid rise of the ‘TRUMP’ token and the significant fees collected have led to discussions about the risks of speculative trading in the crypto community. Some experts warn that similar tokens could attract individual investors who could end up on the losing side of such transactions.