June 30, 2026·Bearish·regulatory legal

Trump Disclosed $635M in Memecoin Royalties; Buyers Lost $700M

President Trump disclosed $635 million in royalties from a Solana-based memecoin, per a recent filing. Reuters estimates buyers lost over $700 million as the token's value fell approximately 97%.

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BREAKING: Trump reportedly disclosed $635M in royalties from the solana:6p6xgHyF7AeE6TZkSmFsko444wqoP15icUSqi2jfGiPN memecoin. Reuters estimates buyers have lost over $700M as the token dropped around 97%. A tale of two balance sheets.