HomeCryptoDonald Trump's cryptocurrency holdings briefly surpass $10 million

Donald Trump’s cryptocurrency holdings briefly surpass $10 million


Former President Donald Trump’s Crypto Holdings Surpass $10 Million, Driven by TRUMP Token

Former United States President Donald Trump’s Crypto Holdings Surpass $10 Million

Former President Donald Trump’s foray into the world of cryptocurrency has proven to be a lucrative one, with his on-chain assets briefly surpassing $10 million on Monday. This milestone was primarily driven by his largest tokenholding, TRUMP, which saw a surge in value.

According to blockchain intelligence firm Arkham, Trump’s crypto portfolio reached the seven-figure mark on May 27, thanks to the MAGA memecoin, TRUMP, hitting an all-time high of $13.24. The former president holds 579,290 TRUMP tokens, valued at around $6.79 million.

Trump’s interest in cryptocurrency was evident when he expressed his support for the industry on May 25, stating, “I am very positive and open-minded to cryptocurrency companies, and all things related to this new and burgeoning industry.” His campaign even launched a fundraising page for crypto donations on May 21.

However, the value of TRUMP has since declined by 8.8%, causing Trump’s overall portfolio to retreat to $9.5 million as crypto markets experienced a downturn on May 28. Despite this setback, the memecoin has still surged by 53% in the past week following Trump’s endorsements.

In addition to TRUMP, Trump also holds a significant amount of Ether (ETH) and MVP tokens. His ETH holdings are worth around $1.79 million, while his million MVP tokens are valued at approximately $473,000. MVP is another memecoin that offers rewards and supports donations to the Trump election campaign.

While Trump’s crypto holdings have seen fluctuations in value, his venture into the world of digital assets has certainly caught the attention of the crypto community. With his continued support and endorsements, it will be interesting to see how his portfolio evolves in the future.


Kamala Harris’ Positions on Big Tech, Artificial Intelligence, and Cryptocurrency

Tech Industry's Support for Vice President Kamala Harris: Where She Stands on AI, Big Tech, and Crypto Vice President Kamala Harris Emerges as Front-Runner for...

Trading Begins for Ether ETFs, Initial Inflow Data Released

Ether ETFs See Strong Inflows in First 15 Minutes of Trading, Bitwise Leads the Pack Ether ETFs Make Strong Debut on Stock Exchanges, Attracting $112...

Epic Games CEO Hints at Blockchain Integration for Fortnite, Rules Out Crypto and NFTs

Epic Games CEO Teases Blockchain for Fortnite, No Crypto or NFTs - Technical Potential Over Financial Uses Epic Games CEO Tim Sweeney has hinted at...

XRP Outperforms BTC, SOL, and ETH on Binance, Coinbase, and Kraken in Key Metric

XRP Surpasses Bitcoin, Solana, and Ethereum in Trade Volume on Major Exchanges The cryptocurrency market is buzzing with excitement as XRP, the digital asset associated...

Most Popular