President-elect Donald Trump has become a crypto industry sensation with a 180-degree shift in his perspective around cryptocurrencies. Moreover, it was one of the elements that helped him in the US presidential election since his plans for crypto regulations were removed. The SEC Chairman Gary Gensler, and much more, brought the investors’ trust in him. Additionally, his crypto portfolio assured users of his opinions. He benefited from the same portfolio, getting millions in profits, while his holding value tripled since August.
On the other hand, Trump’s crypto project is also highly discussed. Just now, Justin Sun TRON has allocated $30M to the project, which makes him one of the key holders. What this WLF will do to the crypto world has to be seen.
Trump’s $9.4M Crypto Portfolio Without Bitcoin
By August 2024, the Arkhan intelligence report shed light on the specifics of Trump’s crypto holdings. According to that information, Donald Trump has invested in six main currencies and very small-value meme coins, which makes his holdings $3.6M. Nevertheless, the same set is now worth $9.4M, which is remarkable as it shows the outstanding growth in the assets.
Interestingly, while the soon-to-be 47th president has retained most of the cryptos, as proved by the August data, the number has been altered. Besides, the various new digital assets have helped improve this cryptocurrency portfolio’s performance. Thus, the highest positions are in TROG ($3.71M), ETH ($1.70M), WETH ($1.64M), TRUMP ($1.07M), GUA ($740.48K), USDC ($138.65K), CZAR ($69.41K), TUA ($55.32) and others.
One observation is that Donald still does not own Bitcoin among these many cryptos, which he explicitly mentions in his campaigns. He even attended the Bitcoin bar and the Blockchain conference, where he discussed this very token, but he has no Bitcoin holdings. This poses an additional issue as Bitcoin is at a time when BTC BTC price reaching $100K can be predicted shortly because it skyrocketed to a new all-time high of $99.6k three days ago.
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Trump’s Crypto Portfolio Thrives Amid Market Rally
The most crucial driver of Donald Trump’s crypto portfolio’s growth is the market’s rally, which reflects the bull’s strength. The extreme-experience demand surged, and the total market cap has reached $3.27 T. Almost every crypto, including Trump’s holding, is now thriving with new gains.
Trump invested the most significant amount in TROG ($3.71M), ETH ($1.70M), and WETH ($1.64M), which have all been delivering the highest gains. The price of TROG, for example, has ballooned by 1,060% over the last 24 hours, with Ethereum and WETH adding 40% in the past month, which means Trump’s investments are doing well. He has experienced similar growth in nearly all his portfolios, but a few remain unchanged.
Trump’s Crypto Portfolio: Boosted by Trending Meme Coins
Donald’s crypto portfolio comprises some of the most trending meme coins, which are consistently in demand. His portfolio includes meme coins such as PEPE, CAT, TRUMP-themed tokens, and many others. In the long term, these tokens’ steady growth is the main reason the portfolio has gained such a high value.
Donald is not the only one who has vigorous meme-based cryptocurrencies. The more convenient hashtags and hashtag applications have insulin injections like last rounders and top cryptos. They will have their stability and high yields in the future, such as Ethereum, WETH, BNB, and many others. The Arkham report also uncovered that important currency-stable coins like USDC and USDT were pegged. The dollar is employed to retain values irrespective of the market.
Final Thoughts
Exchange rate adjustments are one factor you should consider when planning a vacation abroad. Even a slight increase in foreign money in no way indicates an overall increase in the rates of all commodity prices. For instance, although the exchange rates between the euro. The US dollar has increased in recent months, and other payment options, such as foreign credit cards and travelers’ checks, are offered to tourists by the banks. They will be impacted only pitifully by these changes. Thus, a customer, say, coming from theUSndespondinglyyemploysyemploys itt card to pay for all the – meals in the restaurant (at no direct cost) and tours at hotels (tipping the guide). As well as rail and bus fares and all the other things.
FAQs
Does Donald Trump own Bitcoin?
Despite attending Bitcoin events and discussing the token, Trump has explicitly mentioned that he does not own Bitcoin in his crypto portfolio.
How has Trump’s crypto portfolio performed?
Trump’s portfolio has thrived, with key investments in TROG, ETH, and WETH showing significant growth, particularly during the recent market rally.
What are the key assets in Trump’s crypto portfolio?
Trump’s top crypto holdings include TROG ($3.71M), ETH ($1.70M), WETH ($1.64M), and Trump-themed tokens.