Silk Road

Arkham

President Donald Trump

MAGA

Donald Trump

The substantial airdrop of the new memecoin TROG has contributed significantly to the surge in the value of former President Donald Trump's crypto portfolio, which now stands at more than $33 million.   
It was stated by Arkham that Trump's portfolio worth increased by a factor of two when he was given half of the supply of TROG, a meme currency with a frog motif. There are 210.345 billion TROG in Trump's possession, and it is valued at $19.9 million, making it his most valuable asset.   
Additionally, he is the owner of 579.29 thousand Maga (TRUMP) tokens, which are valued at $7.75 million. Next on his list of assets are Ether (ETH) of $1.79 million and Wrapped ETH (WETH) of $1.42 million. Other assets that he has include MAGA Hat, MAGA Coin, Conan, and MAGA Vice President.   
In terms of total TROG, Trump is the greatest holder, while the second-highest holder has 7.23 billion TROG, which is valued at $450,000. As a result of the top 10 investors controlling 66.72% of the supply of TROG, concerns have been raised over concentration.   
The campaign of Donald Trump accepts contributions in Bitcoin and Ethereum via Coinbase Commerce and has pledged to support cryptocurrency if he is elected.   
A week ago, <a href="https://optimisus.com/news/crypto-news/donald-trump-vows-to-ensure-that-the-future-of-crypto-and-bitcoin-will-be-made-in-the-usa/">Former US President Donald Trump once again supported the crypto business</a>, pledging to defend users’ self-custody rights and stop a central bank digital currency. If re-elected, he <a href="https://optimisus.com/market/former-president-trump-pledges-to-support-crypto-protect-self-custody-rights/">promised</a> to pardon Silk Road founder Ross Ulbricht.

Former President Donald Trump’s crypto portfolio skyrockets to $33 million

Optimisus

Other articles published on Jun 5, 2024

NEAR Price Eyes 20% Move For A Rising Channel Breakout

Ethereum Provides Unique Flexibility and Innovation in the Digital World

The final chapter of the Cryptoqueen: murder, money, and misadventure?

Kaspa At All Time High: Time to Cash Out Or Keep Riding The Wave

Bitcoin miner reserve drops to 1.81M BTC: What’s happening?

Crypto Whale Re-Accumulating $SHIB After Netting $145M Profit Two Years Ago, New Report Reveals

Join our free newsletter for daily crypto updates!