The White House posted a nine-second video Wednesday promoting a physical Trump Coin, a $1 commemorative piece for America's 250th independence anniversary. The social media post caused brief confusion with the TRUMP memecoin, which shares the same name but is a separate Solana-based cryptocurrency. Nearly 989,000 of 1.48 million TRUMP memecoin wallets are sitting on combined losses of $3.81 billion as the token trades more than 97% below its January 2025 high. The U.S. Mint plans to strike the physical coin in Philadelphia ahead of a fall release, following design approval by the U.S. Commission of Fine Arts in March 2026.
U.S. Mint Approves Physical Trump Coin Design for Fall Release
The White House's official account on social media platform X published the video Wednesday captioned "TRUMP COIN!" The clip showcases a gold-finish $1 coin bearing President Donald Trump's likeness. Treasury Secretary Scott Bessent unveiled the design, which the U.S. Commission of Fine Arts approved in March 2026. Bessent stated: "As America commemorates 250 years of independence, the @usmint will begin striking this new $1 gold coin to honor the enduring legacy of liberty and a lasting symbol of patriotism." The U.S. Mint plans to strike the coin in Philadelphia ahead of a fall release. Despite its gold appearance, the piece is made of non-precious metals. Federal law has long kept living presidents off U.S. currency, but a 2020 statute permitting anniversary-themed designs opened the door for the release.
TRUMP Memecoin Holders Face $3.81 Billion Combined Losses
Confusion arrived almost instantly, given that the TRUMP memecoin shares its name with the new collectible. The Solana-based token launched on Jan. 17, 2025, days before the president's inauguration. Traders initially wondered whether the White House was promoting the crypto asset. The token dipped briefly from about $1.59 to around $1.56 as the post spread, before stabilizing. TRUMP trades more than 97% below its January 2025 high, with a market capitalization near $370 million. Nearly 989,000 of the 1.48 million wallets holding the token are sitting on combined losses of $3.81 billion, according to onchain data. Of the 1 billion TRUMP supply, only 200 million tokens circulate publicly, while insiders and Trump-affiliated entities control the remaining 800 million. Trading fees and royalties tied to the project generated more than $635 million for Trump-linked entities in 2025 alone.
Trump's 2025 Crypto Earnings Reach $1.4 Billion
The video lands amid continuing scrutiny of the president's crypto earnings. Trump's latest financial disclosure reported at least $1.4 billion in 2025 crypto income, led by the TRUMP memecoin royalties, alongside holdings tied to World Liberty Financial. The disclosure prompted one U.S. senator to seek a memecoin ban for presidents and elected officials, and ethics provisions remain one of the sticking points in the Senate's broader crypto market structure negotiations. The White House post drew a mix of celebration and criticism online, with some users questioning whether a physical coin bearing a sitting president's face carried the same conflict-of-interest concerns as the token. The administration has maintained that the commemorative piece is a Treasury initiative honoring the country's semiquincentennial, unrelated to the president's private crypto ventures.
FAQ
What is the Trump Coin promoted by the White House?
The Trump Coin is a physical $1 commemorative piece for America's 250th independence anniversary. The U.S. Mint plans to strike the coin in Philadelphia ahead of a fall release. Treasury Secretary Scott Bessent unveiled the design, which the U.S. Commission of Fine Arts approved in March 2026. Despite its gold appearance, the piece is made of non-precious metals.
How much have TRUMP memecoin holders lost?
Nearly 989,000 of 1.48 million TRUMP memecoin wallets are sitting on combined losses of $3.81 billion, according to onchain data. The token trades more than 97% below its January 2025 high, with a market capitalization near $370 million. The Solana-based memecoin launched on Jan. 17, 2025, days before the president's inauguration.
How much crypto income did Trump report in 2025?
Trump's latest financial disclosure reported at least $1.4 billion in 2025 crypto income, led by TRUMP memecoin royalties and holdings tied to World Liberty Financial. Trading fees and royalties tied to the TRUMP memecoin project generated more than $635 million for Trump-linked entities in 2025 alone.
