Online reports that according to estimates by three blockchain analysis companies, the entity behind U.S. President Trump's cryptocurrency earned nearly $100 million in transaction fees in less than two weeks, but thousands of small traders suffered losses. Trump launched a token called TRUMP on January 17 and quickly soared. Analysis by three cryptographic data companies, including Merkle Science and Chainalysis, showed that as of January 30, TRUMP tokens had generated transaction fees of US$86 million to US$100 million. This far exceeds previously reported figures. One of the entities behind the cryptocurrency is a company owned by Trump called CIC Digital. TRUMP's official website stated that CICDigital will receive transaction revenue from the trading activities of this memecoin. At the same time, about 200,000 crypto wallets (most of which are small assets) suffered losses due to TRUMP coins.