**[New York Times: Nearly One Million Investors Suffer $3.81 Billion Loss in Trump-Themed Tokens]** According to a report by *Jinse Finance* on July 4, the *New York Times* revealed that a recent analysis shows nearly one million investors have collectively lost approximately $3.81 billion in Trump-related meme coin investments as of the end of June. Crypto analytics firm Nansen stated that the token's trading mechanism allows Trump to profit regardless of price fluctuations, as his earnings primarily come from transaction fees and ongoing market trading activity. Additionally, the social platform *Truth Social* has repeatedly promoted these tokens, further amplifying trading volume. Data indicates that during his 2024 campaign, Trump shifted from being a "crypto skeptic" to embracing the commercialization opportunities of digital assets. Together with his children, he co-founded the crypto project *World Liberty Financial*, whose issued WLFI token has also experienced significant declines. Furthermore, the TRUMP token, launched just days before his inauguration, has been described as a "speculative asset lacking practical utility" and has undergone a notable correction.