The Rise of Donald Trumpโs Crypto Holdings ๐
Presidential candidate Donald Trumpโs crypto holdings have surpassed the $10 million mark, thanks to the recent data from blockchain โde-anonymizingโ platform Arkham. His significant gains are primarily driven by the price surge of MAGA (TRUMP), a memecoin inspired by Trump himself.
- Trump currently holds $7.1 million worth of TRUMP
- He also has $1.83 million worth of Ethereum (ETH)
- Additionally, Trump holds several smaller altcoins, possibly sent to his public wallet address for marketing purposes
The Trajectory of Trumpโs Crypto Portfolio ๐
Arkham’s data reveals that Trump’s portfolio is on a parabolic upward trend. The notable details include:
- TRUMP was launched on Ethereum late last year
- TRUMP has surged approximately 17,200% since its inception
- TRUMP is up by 129% in the last 30 days
- TRUMP currently boasts a market cap exceeding half a billion dollars
Trumpโs Pro-Crypto Policies and Stance ๐บ๐ธ
Trump’s crypto holdings growth aligns with his announcement to implement explicitly pro-crypto policies as part of his presidential platform. Key highlights include:
- Trump aims to counter the Biden Administrationโs anti-crypto stance
- He promises to support the future of crypto and Bitcoin made in the USA
- Trump pledges to safeguard the right to self-custody for the nationโs 50 million crypto holders
- He advocates for keeping Bitcoin away from central bank digital currency
Moreover, Trump’s campaign is now accepting crypto donations in popular virtual currencies such as BTC, ETH, DOGE, XRP, SOL, and SHIB.
Image Source: Shutterstock/Viktoria Kurpas
The post Donald Trumpโs Crypto Holdings Exceed $10,000,000 As TRUMP Memecoin Cycle Ensues: Arkham appeared first on The Daily Hodl.
๐ฅ Hot Take: The Future of Trump’s Cryptocurrency Holdings ๐
As Donald Trump’s crypto portfolio continues to soar beyond $10 million, the evolution of TRUMP memecoin and his pro-crypto stance could shape a new era in cryptocurrency. With growing support and acceptance of crypto donations for his campaign, Trump’s influence on the crypto landscape remains profound.
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