February 3, 2025 by Mishal Ali
Key Takeaways
- Trump-linked memecoins may have generated over $802 million, with $482 million transferred to exchanges.
- The team holds around $16 billion in TRUMP and MELANIN tokens.
- World Liberty project has lost $51.7 million from crypto investments after new tariffs.
According to Conor’s research, the Trump team may have amassed more than $802 million since the launch of his memecoin. This includes over $482 million in USDC, SOL, and TRUMP tokens transferred to exchanges.
However, the full extent of these transactions remains unclear, as not all tokens sent to exchanges may have been sold. Additionally, the team holds a staggering $16 billion in the token and MELANIN tokens, adding to their crypto empire.
A further breakdown of the holdings shows that $240 million in USDC is currently out-of-range in liquidity pools, while $50 million remains in-range. The team has also earned over $29.3 million in USDC fees.
These figures surpass major NFT sales, including the Bored Ape Otherside launch, which raised $285 million and burned an additional $181 million in gas fees. If the Melania meme token launch were to be included, the numbers could climb even higher.
Trump’s Crypto Investments Take a $51.7M Hit
While the memecoin move of Trump’s crew looks incredibly lucrative, but one such move with a Trump family tie recently took a significant loss. As per Spot On Chain, a Trump-related cryptocurrency project, World Liberty Financial, saw $51.7 million out of its $242.77 million January 19 to January 31 investments gone in a single dip.
The fall is a 21% drop, and it is powered predominantly through Ethereum (ETH), Wrapped Bitcoin (WBTC), and ENA tokens’ loss. ETH alone incurred a loss of $36.7 million, down 24.4%. Next, and closely following, was an $8 million fall, down 12.1%.
ENA experienced the largest fall in terms of proportion, down 43.7%, and down $2.05 million in value. Losses follow a period of uncertainty in the market fueled by Trump’s new tariff policies, sending shudders through investors worldwide.
Market Reactions and Future Moves
He has backed its economic policies, arguing that “pain” in terms of tariffs is a price worth paying for long-term financial gain. Despite this, its immediate effect shocked financial markets, and in particular, Trump’s investments in cryptocurrencies have been affected.
The question, then, is whether World Liberty Financial will capitalize in the dip to build out its holdings, or whether future drops will require a new direction in its strategy.
Despite the failures, success with memecurrencies for the group attests to political leaders’ growing financial sway in cryptocurrencies. How long such a run will continue will depend on performance in the marketplace and investors’ moods about Trump-related assets.
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