--- title: "Investors in Trump’s Crypto Coin Are Now Screwed Beyond Belief" description: "Prices for Donald Trump's notorious crypto currency are in the toilet after the midterms, though many investors are still holding out hope." date: "2026-11-06" modified: "2026-11-06" authors: - name: "Joe Wilkins" job_title: "Correspondent" link: "https://futurism.com/authors/jwilkins.md" url: "https://futurism.com/future-society/trump-coin-crypto-investors-screwed-midterms" categories: - "Blockchain" - "Cryptocurrency" - "Future Society" --- # Investors in Trump’s Crypto Coin Are Now Screwed Beyond Belief ![A photo illustration of Donald Trump's memecoin.]() *Futurism* If you're one of the nearly one million of investors who bought into Donald Trump's pet crypto coin, the best time to sell was January of 2025, before the whales cashed out and sent prices tumbling. The second best time was yesterday. Trump's memecoin has suffered a massive fall-off in the wake of the US midterm elections, tumbling to an all-time-low of $1.12, down from an already paltry $1.70 just prior to the all-important round of voting. Even a month ago, holders of the crypto currency could have gotten out at roughly $2.00 a pop. Obviously, anybody short-sighted enough to approach Trump coin as an investment is getting pummeled. But with a current market cap of around $340 million, there are clearly more than a few people hoping against hope for a turnaround. It's a fitting end for a crypto venture that many had pegged as a grift from the very start. Unfortunately, many more fell for the scam, [pumping the coin]() up to a market cap of $72 billion at its peak. One [analysis found]() that some 21 well-timed whales pulled the rug on coin holders early into the currency's launch, getting out with some $214 million and sending the value plummeting. Predictably, many of the president's victims count themselves among [his biggest fans](). In July, [the *BBC* reported]() that Trump had raked in over $1 billion from all of his crypto dealings combined since returning to the Oval Office in 2025 — money ripped from the hands of the MAGA movement's most devoted followers. **More on crypto:** *[Former Crypto Regulator Insists That Gambling on the Weather Is Inherently a Good Thing and "Human Nature"]()* ## Author At Futurism, I focus on the intersection of technology and power — examining the economics, history, and politics behind today’s dystopian headlines. As a writer, I’m interested in topics ranging from AI’s impact on labor to startups nobody asked for. My prior work includes bylines in Jacobin, Verso, and Blue Labyrinths. My work for Futurism has been cited by publications including Forbes, The Guardian, MIT Technology Review, Time, The Nation, Mother Jones, The Verge, and Wired. I grew up in Michigan, attending Central Michigan University as well as Ball State University, where I earned a master of music. I now live in Brooklyn with my girlfriend and our cat Ziti. On weekends, you can find me hunched over a cold pint arguing geopolitics with the other transplants. ### Author social links [Bluesky]() ## More - [Crypto Guys Who Bought a Huge Gold Trump Statue Now Have a Problem]() - [As Crypto Prices Collapse, Trump’s Meme Coin Falls to Lowest Value Since Its Launch]() - [Virtually Everybody Who’s Ever Bought Trump’s Meme Coin Has Lost Money On It]() - [OnlyFans Star Amouranth Says She Was Robbed at Gunpoint for Her Crypto]() - [Trump’s Tariffs Are Brutalizing the Crypto Industry]() - [After Calling Crypto a “Scam,” Donald Trump Now Owns Millions in Crypto]() - [Trump’s Memecoin Tanked, But His Family Has a New Crypto Hustle]() - [Trump Supporters Lost a Staggering Amount of Money as They Bought His Meme Coin]()