Donald Trump’s crypto portfolio exceeds $10 million
As of Could 27, Former President Donald Trump’s crypto portfolio has surpassed $10 million.
Former U.S. President and Republican frontrunner Donald Trump’s crypto investments have been paying off. His on-chain crypto holdings have exceeded the $10 million mark. The surge was primarily pushed by an increase within the worth of the MAGA (TRUMP) meme coin.
In accordance with information from ArkhamIntel, Trump’s holdings in $TRUMP alone are valued at $7.3 million, making up most of his crypto investments. Trump additionally holds over 463 Ethereum (ETH), at present valued at $1.8 million. Trump doesn’t publicly personal any Bitcoin (BTC).
The value of the TRUMP coin, a political meme coin based mostly on Solana, has elevated over 60% within the final seven days and at present rests at $12.40.
Trump and crypto
Trump has not shied away from expressing a pro-crypto sentiment throughout his most up-to-date marketing campaign path. Traditionally, Trump has had a combined stance on cryptocurrency. In 2019, he expressed skepticism about Bitcoin, calling it “extremely unstable.”
Nonetheless, throughout this election cycle, Trump stated he would embrace crypto in his subsequent presidential time period. “Crypto is shifting out of the U.S. due to hostility towards it. I don’t need that. If we’re going to embrace it, we must allow them to be right here,” he stated in a latest rally.
On Could 21, The Trump marketing campaign launched a fundraising web page that accepts donations in any cryptocurrency accessible on the Coinbase platform.
Most not too long ago, on Could 26, Trump introduced his intention to assist the enchantment of Ross Ulbricht’s conviction. Ulbricht based the notorious on-line market, Silk Highway, which was dismantled in 2013.
