58 crypto wallets have made millions on Trump's meme coin. 764,000 have lost money, data shows

The dinner-pegged rally pushed the token's market cap to $2.7 billion at its peak, though it has since pulled back to around $2.17 billion.
Since that rally, around 54,000 wallets have bought the coin. In total, 100,000 new wallets have purchased $TRUMP since April 15, Chainalysis said, extending the post-announcement surge despite ongoing volatility in the broader crypto market.
The Trump-branded meme token has drawn scrutiny from regulators and ethics watchdogs.
Lawmakers are now formally investigating whether the $TRUMP meme coin — and a related crypto venture called World Liberty Financial, which sends 75% of revenue to the Trump family — constitute a direct conflict of interest for the president.
The Senate's Permanent Subcommittee on Investigations has launched a probe into the token's ownership structure and revenue model, while House Democrats stormed out of a crypto hearing in protest.
At the center of the controversy is the dinner competition for top token holders, promotional posts from the president himself, and ties to foreign investors including a state-backed Emirati fund and crypto mogul Justin Sun.
Launched in January ahead of Trump's second inauguration, the token's value initially soared to $15 billion after a series of promotional posts from the president on Truth Social and X. It lost most of that value within days.
Only 20% of the token's total supply is currently in circulation. The remaining 80% — reportedly controlled by the Trump Organization and affiliated entities — is locked under a three-year vesting schedule. Public disclosures say insiders have agreed not to sell their allocations for another few months.
Even with their tokens under vesting restrictions, insiders are earning substantial revenue.
Since January, more than $324 million in trading fees have been routed to wallets tied to the project's creators, according to Chainalysis. The token's code automatically directs a cut of each transaction to these addresses, allowing the team to profit from ongoing activity.