There was a time when Donald Trump, the US presidential candidate, called cryptocurrencies a scam, but that has changed this time. During his tenure as US President, Trump spoke out against cryptocurrencies on several occasions. However, a completely different picture is emerging in his current campaigns. And now it has become much more interesting as Donald Trump’s crypto wealth has been revealed, which is much larger than expected.
It has been more than a decade since the cryptocurrency was introduced, and many have not been the biggest fans, including Trump. But things are changing, and giants like Godman Sachs announced Bitcoin holdingsand many more with the same theme showing a changed perspective and dominance of crypto.
Donald Trump’s portfolio includes cryptocurrencies worth several million
Trump has become a crypto supporter and has promised to push for crypto regulations and industry development. However, his crypto portfolio is still a shock to many. After recent revelations, Trump holds over $1 million in Ethereum and many other cryptocurrencies and NFTs.
This revelation came after the filing of campaign documents with the U.S. Office of Government Ethics on August 15. The documents revealed Donald Trump’s crypto portfolio, which included Ethereum, stablecoins, Trump meme coins, NFTs, and many brand bibles.
Breakdown of crypto holdings
Arkham Secret Servicea research firm, has analyzed Donald Trump’s crypto holdings and uncovered a portfolio worth $3.6 million. According to the company reports, there are 492.5 Ethereum (worth around $1.29 million), 377,465 Wrapped Ethereum tokens (worth around $989,500), and USDC worth $136,290.
Furthermore, the largest crypto holdings consist of altcoins such as Trog (TROG) and Gua (GUA), valued at $370,210 and $339,420, respectively. Trump also owns many meme coins based on him such as MAGA Again (MAGAA), Fight to MAGA (FIGHT), MAGA VP (MVP), MAGA Hat (MAGA), BabyTrump and many others. Of these, MAGAA was the largest holding at around $132,760 while the rest are worth $50,000.
However, it is unclear whether the ex-president is in any way associated with these meme-based cryptocurrencies or not. Moreover, there are many other crypto tokens like LION, FIGHT, etc. whose value is below $0.
| Crypto holdings | Value according to Arkham reports |
| Ethereum (ETH) | 1.29 million US dollars |
| Wrapped Ethereum (wETH) | $989,500 |
| USDC | 136,290 USD |
| Trough (TROG) | 370,210 USD |
| Gua (GUA) | 339,420 USD |
| MAGA again (MAGAA) | 132,760 USD |
| Other Trump Meme Coins | 50,000 US dollars |
In another category, Trump also earned $300,000 from branded Bibles that cost $59.99 a piece and feature the handwritten chorus of “God Bless the USA,” composed by country singer Lee Greenwood.
Former US President made millions with NFTs
Apart from cryptocurrencies, Trump owns millions in NFTs, where he received $7.15 million from a licensing deal with NFT INT, an NFT company. Also, Trump launched an NFT series of Trump Digital Trading Cards, each costing $99, which is 15,808 Ethereum per Opensea data.
NFTs were Trump’s first foray into the world of digital assets, and now he’s calling for a crypto army, creating crypto “made in America,” and promising much more to further develop the industry.
Final thoughts
Donald Trump’s revelations about his crypto wealth have shocked investors as the ex-president holds between $1 million and $5 million in cryptocurrencies alone. Of these, he had Ethereum (ETH) worth $377,465 and Ethereum tokens worth $989,500. Moreover, his portfolio consists largely of meme cryptocurrencies ($182,760) and altcoins such as Trog (TROG) and Gua (GUA) worth $370,210 and $339,420 respectively. Not to forget, he has also made millions from his NFT series. With this investment revelation, Trump’s popularity among crypto users has taken a positive turn as the opposition has a different approach towards crypto.
Pooja Khardia
With years of love for reading and 5 years of experience in content writing, here I am, working on my favorite cryptocurrency-related texts. I actively search for trending topics and informative statistics to compile the best content for crypto enthusiasts. Staying up to date with trends and learning the fundamentals and advancements of this field is the best part of the day.
Disclaimer: The content presented may contain the personal opinion of the author and is subject to market conditions. Conduct market research before investing in cryptocurrencies. The author or publication assumes no responsibility for your personal financial loss.
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