The former US president crossed the $10 million mark in his cryptocurrency portfolio
The value of the cryptocurrency portfolio of the former President of the United States of America and the leader of the Republican Party, Donald Trump, exceeded $10 million, mainly due to the increase in the price of the memcoin MAGA (TRUMP).
For information by ArkhamIntel, Trump’s holdings in the TRUMP token, a political memcoin based on the Solana network, are valued at $7.3 million, the bulk of his cryptocurrency investments. In addition, it holds more than 463 Ethereum (ETH), which is currently valued at $1.8 million. It is worth noting that Trump does not have any public holdings in Bitcoin (BTC).
During the last election campaign, Trump expressed different views on cryptocurrency. In 2019, he called Bitcoin “extremely unstable,” but now the former US president is expressing his willingness to support the cryptocurrency in his upcoming presidential term
“Cryptocurrency is leaving the US because of hostility to it. I don’t want that. If we’re going to support it, we need to let it be here.”, – said Trump.
On May 21, the Trump campaign launched a fundraising page that accepts donations in any cryptocurrency available on the Coinbase platform.
