Wall Street Journal: Roughly two-thirds of investors in Trump’s memecoin are currently in the red, according to crypto data provider Nansen, which tracks 1.48 million crypto wallets that bought the token since its January 2025 launch. Many fans spent a few thousand on Trump coins while the biggest spenders shelled out millions for the token. Nansen’s analysis of 26,663 wallets shows that 85% of World Liberty’s $WLFI token buyers in the secondary market are underwater.
Trump, who in 2021 described bitcoin as a “scam” threatening the U.S. dollar, now leads a White House that has pledged to make America the “crypto capital of the world.”…