- Trump's Impressive Crypto Portfolio
- The Trump Empire Expands to NFTs
- Trump, the Pro-Crypto Candidate for 2024?
According to Citizens for Ethics, former U.S. President Donald Trump holds between 1 and 5 million dollars in cryptocurrency Ethereum.
Trump's Impressive Crypto Portfolio
According to a report by Citizens for Ethics, Trump owns a digital wallet containing up to 5 million dollars in Ethereum. Arkham Intelligence specifies that the exact value amounts to 3.6 million dollars, including: * 1.29 million in ETH, * 986 thousand dollars in Wrapped Ethereum (WETH). Another interesting fact: the wallet also contains 372 thousand dollars in TROG. This is a meme cryptocurrency representing a frog in a MAGA hat. These investments, although significant, represent only 0.067% of Trump’s estimated fortune, which Forbes estimates to be 7.5 billion dollars.
The Trump Empire Expands to NFTs
Beyond Ethereum, Trump has also capitalized on the NFT phenomenon. According to the report, he has generated more than 7.15 million dollars through a licensing deal for his “Trump Digital Trading Cards.” These NFTs, launched in two series, depict the former president in various heroic or fantastical scenarios. Despite promising beginnings, the value of these NFTs has experienced significant fluctuations, illustrating the volatility of the digital asset market.
Trump, the Pro-Crypto Candidate for 2024?
In his campaign for 2024, Trump appears to position himself as the candidate favorable to cryptocurrencies. He promises to end the current administration’s anti-crypto campaign and even envisions creating a strategic reserve of Bitcoin. This approach could attract the attention of investors and blockchain enthusiasts, potentially influencing the political debate around the regulation of digital assets.
Trump's Ethereum investments and his foray into the world of NFTs mark a significant turning point in the relationship between politics and cryptocurrencies. As the presidential race intensifies, the impact of these strategies on the electorate and the crypto market remains to be seen.
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