Donald Trump’s Crypto Portfolio Reaches $10M Milestone: Here’s What You Need To Know
Former US President Donald Trump’s portfolio has hit a new milestone, with his on-chain holdings exceeding $10 million. This increase is primarily due to the surge in value of the $TRUMP coin, now trading at $12.67.
Trump’s Diverse Cryptocurrency Holdings
- Trump holds $7.34 million worth of $TRUMP coin, with the asset’s price recently rising by $1.40.
- His portfolio includes 463.35 ETH valued at approximately $1.81 million and 1 million MVP tokens worth $480,590.
- He also holds 20 billion CONAN tokens valued at $312,800 and two entries for BABYTRUMP: 950,000 coins worth $149,840 and 900,190 coins valued at $7,590.
- Additionally, Trump owns 53,1728 TRUMP coins worth $13,540 and 11,989 USDC worth $11,990.
His engagement with cryptocurrency goes beyond personal investments, as he has made pro-crypto statements emphasizing the US’s leadership in this growing sector. Moreover, his campaign now accepts crypto donations in various digital assets, including Bitcoin.
Support for the Crypto Industry
Trump’s support for the crypto industry contrasts with President Joe Biden’s administration, which he accuses of attempting to stifle the industry. At the Libertarian Party’s National Convention in Washington, Trump vowed to protect the right to self-custody crypto assets and prevent the creation of a central bank digital currency (CBDC).
โI will support the right to self-custody. I will keep Elizabeth Warren and her goons away from your bitcoin,โ Trump stated.
This pro-crypto stance is positively impacting his election prospects, with a 56% chance of winning according to Polymarket, a crypto-based prediction platform. This marks a significant move compared to the current administration’s approach to cryptocurrency.
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