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Donald Trump’s cryptocurrency portfolio reaches $ 10 million

7:02 pm, November 27, 2024

The newly elected US President Donald Trump owns crypto assets worth more than $ 10.3 million, which became possible due to the significant growth of some meme coins, including TROG. Over the past day (November 26−27 — ed.), the price of this token has increased by more than 900%, which has become the main driver of the politician’s portfolio growth.

According to the Arkham Intelligence platform, Trump’s main assets are the TROG meme coin, the ETH altcoin, the WETH meme cryptocurrency, and TRUMP. The total unrealized profit of his crypto portfolio is $ 5.3 million, a significant part of which was provided by speculative assets.

In June 2024, the TROG project team transferred half of the supply of this meme-coin to Trump’s wallet. The developers of another MAGA token (TRUMP) took a similar step, drawing attention to their assets and increasing their popularity.

Trump entered the ranking of the largest crypto investors among celebrities in May 2024, cementing his position as one of the most famous cryptocurrency holders. His activity in this area demonstrates the growing interest of politicians and influencers in digital assets.

This situation demonstrates how memecoins continue to attract the attention of investors despite their high level of volatility. It also emphasizes how significant the role of cryptocurrencies has become in the modern financial landscape.

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