Crypto-Trump. If the former president and current American presidential candidate Donald Trump accepts cryptocurrency donations for just a few days for his electoral campaign, he has been personally collecting cryptos since December 2022. It is in fact on this date that the 45e US president had praised his brand image for a first series of NFTs issued on Polygon (MATIC). Since then, crypto-assets have done well accumulated.
Donald Trump becomes an increasingly wealthy crypto owner
Thanks to the platform Arkham Intelligencethe cryptocurrency holdings of Donald Trump have been known for several months. If its wallets have experienced ups and downs in recent months, at the same time as the crypto market was riding a roller coaster, the former (and perhaps future) president of the United States recently beat his own valuation record of its crypto-assets.
Indeed, as reported by the official Arkham account on X, on May 27, 2024 the digital assets held by Donald Trump exceeded 10 million dollars :
“Breaking: Donald Trump now holds $10 million in crypto.
Assets on-chain of Donald Trump have exceeded 10 million dollars this [27 mai]mainly thanks to the increase in the price of [memecoin] TRUMP – of which Trump currently holds $7.3 million. »
The crypto-fortune of 45e US president is in memecoins and ethers (ETH)
As Arkham Intelligence points out in its message above, the token MAGA ($TRUMP) is now the most valuable cryptocurrency in Donald Trump’s blockchain wallets. Although unsolicited by the billionaire, this crypto was sent/offered initially on your wallet by the creators of this memecoinwho had found there a way to gain easy publicity thanks to the celebrity of the ex-president.
But today, these tokens have gained a lot of value, even exceeding the 12 dollars the unit. Donald Trump also reportedly owns more than 463 ethersthe equivalent of approximately $1.8 million in the native cryptocurrency of the Ethereum network.
Furthermore, the fact that Donald Trump leads in crypto owner polls facing outgoing President Joe Biden is perhaps not for nothing in the very recent and sudden reversal of policy on crypto-assets in the USA. Indeed, some elected Democrats seem to be belatedly beginning to realize the importance of these voters who are fans of Bitcoin & Co. Thus, some of these elected officials rebel by allying with Trump’s Republicans to counter Gary Gensler’s anti-crypto policyappointed president of the SEC by Joe Biden upon his election.
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