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Nearly 1 Million $TRUMP Buyers Lose $3.8 Billion As Token Plunges

Nearly 1 million people have collectively lost $3.8 billion after buying President Donald Trump’s $TRUMP memecoin, according to new analysis from cryptocurrency analytics firm Nansen.

Per The New York Times, Nansen’s review of publicly visible blockchain transactions found that 988,905 accounts were in the red as of the end of June. That means roughly two-thirds of all $TRUMP buyers have lost money on the token, underscoring just how steep the decline has been for one of the most politically charged crypto assets on the market.

A Token That Has Collapsed From Its Peak

On Sunday, $TRUMP was trading at $1.69, according to CoinMarketCap, down nearly 98% from its high of $75.35. For investors who entered near the top, the reversal has been brutal.

Trump launched the memecoin three days before his inauguration in 2025, adding a new layer to his already deepening involvement in digital assets. He had previously co-founded the crypto startup World Liberty Financial with his sons, and its WLFI token has also fallen sharply in value.

Trump’s Crypto Windfall Contrasts With Investor Losses

Despite heavy losses among retail investors, the token has generated substantial income for Trump. In his latest financial disclosure, the president reported earning $636 million from the $TRUMP memecoin, according to The New York Times. That accounted for nearly half of the $1.4 billion in cryptocurrency-related income he disclosed over the past year.

The figures have also drawn renewed attention to the administration’s approach to digital assets. The Securities and Exchange Commission has said memecoins do not fall under securities regulations and has withdrawn several enforcement actions against cryptocurrency companies, including a case involving Gemini, TechCrunch reported.

A White House spokesperson defended the administration’s policy, telling The New York Times that “President Trump proudly made the United States the crypto capital of the world.”

Europe’s Deadly Summer Heat Exposed The Cost Of A Warming Continent

Europe experienced its deadliest summer for heat-related deaths on record in 2026, with an estimated 24,400 excess deaths linked to extreme temperatures across 30 countries. Researchers estimate that human-induced climate change was responsible for around 32,000 of the deaths attributed to heat in the study’s broader analysis, accounting for 65% of the total.

The findings highlight the growing public-health consequences of global warming, largely driven by fossil fuel use, as extreme heat becomes more frequent and severe.

A Summer Of Dangerous Heat

Between June and August, heatwaves pushed temperatures in Western Europe to an average of 2.9°C above the 1991–2020 norm, with some days reaching 12°C above average. Nearly a third of estimated heat-related deaths occurred during a particularly intense heatwave between 17 June and 1 July.

“These numbers are a stark reminder that our hotter, more extreme summers are having an increasingly severe impact on public health,” said Dr Clair Barnes, a researcher at Imperial College London and co-author of the study.

The estimated toll exceeded previous peaks of around 29,000 deaths in summer 2022 and 28,000 in 2003 across the region studied.

How Researchers Estimated The Toll

Researchers modelled the relationship between temperature and mortality across 854 urban areas in the EU, UK, Norway and Switzerland, covering around 40% of the population in the 30 countries studied.

The analysis incorporated temperature records, age, socioeconomic conditions, environmental factors and access to healthcare. By comparing actual temperatures with those expected without human-induced warming, the team estimated the additional deaths attributable to climate change.

Final official mortality figures for summer 2026 are not yet available in many countries, and heat-related deaths are often underreported because their effects can be difficult to identify directly.

Older People Face The Greatest Risk

People aged 85 and over accounted for roughly half of the estimated deaths. However, the impact extended across age groups, with around 800 excess deaths among adults aged 20–44 and approximately 6,000 among people under 65.

Southern Europe experienced the highest mortality burden, reflecting hotter temperatures and other vulnerabilities, including air pollution, limited green space and unequal access to healthcare and heat-alert systems.

Italy, France And Spain Record Highest Toll

Italy recorded an estimated 13,303 heat-related excess deaths, followed by France with 7,268 and Spain with 6,824. Germany recorded around 6,340, while the UK saw an estimated 4,354 deaths.

In the UK, the heat also placed significant pressure on healthcare services. Andrew Hartle, Professor of Practice of Anaesthesia at Imperial College Healthcare, said demand during the summer resembled that of a severe winter virus season.

Cities Urged To Strengthen Heat Protection

Researchers say cities can reduce the risks through climate shelters, external shading and building retrofits, alongside measures to help residents avoid exposure during the hottest hours. Checking on vulnerable people, staying hydrated and following heat alerts are also important.

The researchers stress that adaptation must go hand in hand with reducing fossil fuel use to limit further warming. The findings underline that extreme heat is already a major public-health threat across Europe, with thousands of lives at risk each summer.

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