The TRUMP meme coin made headlines by racking up nearly $100 million in trading fees in just under two weeks — but the hype hasn’t come without controversy. Despite some claims throwing around a $320 million figure, reliable sources like Chainalysis and Merkle Science have consistently pointed to that $100 million mark, which still reflects massive profits driven by the coin’s 0.3% transaction fee.
What’s happening here is a classic case of meme coin madness: the coin peaked at over $14.5 billion in market value before crashing by nearly two-thirds. That drop left an estimated 200,000 small investors nursing serious losses. Meanwhile, at least 50 major players walked away with $10 million+ each, having cashed out at the top.
Adding to the drama, CIC Digital, reportedly tied to the Trump Group, is among the entities raking in trading fees — a detail that raises eyebrows about who’s really benefiting from this hype cycle. For most retail traders, those trading fees aren't just small change — they eat directly into profits and amplify losses.
In short: a few winners, many losers, and a meme coin built more on transaction volume than long-term value.
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