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White House Touts ‘Trump Coin’ as TRUMP Memecoin Holders Sit on $3.81 Billion in Losses

Bitcoin.com News·July 16, 2026·1 min read
White House Touts ‘Trump Coin’ as TRUMP Memecoin Holders Sit on $3.81 Billion in Losses

The White House posted a nine-second video promoting a new $1 "Trump Coin" on Wednesday, briefly rattling the market for the TRUMP memecoin. Nearly 989,000 wallets remain underwater on the TRUMP token, sitting on $3.81 billion in losses. The promotion came from the official White House account on social media platform X.

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