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The Official Trump memecoin, launched days before President Donald Trump’s inauguration, has been a portfolio wrecker, eroding gains for anyone who bought into the initial hype.

The Solana-based token has tumbled 96% from the all-time high of $75.35 set shortly after its launch in January 2025.

At the peak, it soared to a market capitalization of $9 billion, while the fully diluted valuation, factoring in Trump-affiliated holdings, ballooned to $75 billion.

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Fast forward to April 2026, and the coin’s market capitalization has plunged to $655 million, alongside a fully diluted valuation of $2.82 billion.

So, if you had pumped $1,000 in the memecoin at its highs, you could have bought 13.27 TRUMP tokens.

As of this writing, the coin trades at $2.81, meaning that the original investment would have dwindled to only $37.29.

A disclaimer on the coin’s official website states that the token is intended to serve as a symbolic expression of support for the ideals and beliefs represented by the ‘TRUMP’ symbol and not for financial instruments or investments. It also denies any link to any political campaign or government agency.

Notably, CIC Digital LLC, an affiliate of the Trump Organization, and a related entity, Fight Fight Fight LLC, own an 80% share of the memecoin. At a fully diluted valuation of $2.82 billion, it would translate to a controlling stake of $2.25 billion.

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Meanwhile, despite the memecoin’s losses and ownership disputes, the team behind the memecoin continues to build a spectacle around it. A “crypto and business conference” at Mar-a-Lago next month, featuring a gala luncheon with Trump, is scheduled to take place later this month.

Trump hosted a similar private dinner for top buyers of his official memecoin last year at his private golf club near Washington, D.C.

Image via Shutterstock

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