MAGA 2024

MAGA

President Donald Trump

Donald Trump

The crypto portfolio of former US President Donald Trump peaked at $10 million briefly on May 27 driven by the rally of the MAGA (TRUMP) meme coin.
Data from <a href="https://platform.arkhamintelligence.com/explorer/entity/donald-trump" target="_blank" rel="noopener noreferrer nofollow">Arkham Intelligence</a> shows that Trump’s crypto portfolio is now worth around $9.64 million. The TRUMP meme coin is the largest holding with around 579,000 TRUMP tokens worth $6.95 million.
The Republican Presidential contender also holds Ether worth $1.8 million, and $12,000 in USD Coin (USDC). Other tokens in his portfolio include $469,000 worth of MVP tokens, $246,000 worth of CONAN and $144,000 worth of BABYTRUMP.
TRUMP’s crypto portfolio has grown steadily in value over the past month from below $6 million in early May.
<a href="https://insidebitcoins.com/wp-content/uploads/2024/05/ARKM.png" rel="noopener noreferrer nofollow"><img decoding="async" class="alignnone wp-image-526652 size-full" src="https://insidebitcoins.com/wp-content/uploads/2024/05/ARKM.png" alt="ARKM" width="960" height="573" srcset="https://insidebitcoins.com/wp-content/uploads/2024/05/ARKM.png 960w, https://insidebitcoins.com/wp-content/uploads/2024/05/ARKM-300x179.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/05/ARKM-768x458.png 768w" sizes="(max-width: 960px) 100vw, 960px"></a>
(Source: <a href="https://platform.arkhamintelligence.com/explorer/entity/donald-trump" target="_blank" rel="noopener noreferrer nofollow">Arkham</a>)
The growth coincides with a 113% price growth for the TRUMP meme coin.
<h2 id="donald-trump-s-presidential-warms-up-to-crypto">Donald Trump’s Presidential Warms Up To Crypto</h2>
Trump’s popularity in the crypto industry has grown in recent months following a series of pro-crypto remarks on his campaign trail.
On May 21, his campaign said it would make it possible for supporters to <a href="https://insidebitcoins.com/news/crypto-enters-political-battlefield-as-donald-trump-becomes-first-major-party-candidate-to-accept-donations-in-crypto" target="_blank" rel="noopener noreferrer nofollow">donate in Bitcoin</a> and other cryptocurrencies.
Trump has also accused the Biden administration of stifling crypto businesses and even publicly criticized anti-crypto legislators such as Elizabeth Warren.
His efforts to woe crypto voters are increasing his prospects of winning. Data from <a href="https://polymarket.com/event/presidential-election-winner-2024?tid=1716888455258" target="_blank" rel="noopener noreferrer nofollow">Polymarket</a> shows Trump has recently increased his chances of beating Joe Biden to become president with the latest odds giving him a 56% chance of winning, compared to Biden’s 36%.
<h3 id="also-read">Also Read:</h3>
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 <li><a href="https://insidebitcoins.com/news/next-cryptocurrency-to-explode-tuesday-may-28-highstreet-dogwifhat-enjin-coin-celestia" rel="noopener noreferrer nofollow">Next Cryptocurrency to Explode, Tuesday, May 28 — Highstreet, Dogwifhat, Enjin Coin, Celestia</a></li>
 <li><a href="https://insidebitcoins.com/news/dog-themed-meme-coins-soar-with-wif-floki-and-bonk-pumping-even-as-bitcoin-slides-on-9bn-mt-gox-wallet-move" rel="noopener noreferrer nofollow">Dog-Themed Meme Coins Soar With WIF, FLOKI And BONK Pumping Even As Bitcoin Slides On $9BN Mt. Gox Wallet Move</a></li>
 <li><a href="https://insidebitcoins.com/news/donald-trump-continues-his-pro-crypto-crusade-vows-to-establish-future-of-crypto-in-the-us" rel="noopener noreferrer nofollow">Donald Trump Continues His Pro-Crypto Crusade, Vows to Establish Future Of Crypto In The US</a></li>
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Donald Trump Crypto Portfolio Hit $10 Million Amid MAGA Meme Coin Rally

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