Trump Family Scores $320 Million Profit Despite TRUMP Memecoin’s Steep Drop

Despite a dramatic 87% decline in price, the Trump family profited over $320 million from the TRUMP memecoin. The token launched on Solana in 2025 and gained widespread adoption with listings on major exchanges like Coinbase. Initially met with skepticism, Donald Trump’s involvement shifted his family’s net worth, which now stands at a staggering $2.9 billion, representing roughly 40% digital assets according to the State Democracy Defenders Fund. However, this financial gain comes amidst substantial losses for many retail investors. Over 760,000 wallets currently stand in the red, highlighting the token’s volatility. While market capitalization remains strong at around $1.6 billion, a planned token unlock scheduled for April 2025 could influence market dynamics.