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Trump’s Digital Fortune Booms To Over $10 Million
The post Trump’s Digital Fortune Booms To Over $10 Million appeared on BitcoinEthereumNews.com. Former US President Donald Trump has emerged as an unlikely champion of cryptocurrency, amassing a digital fortune exceeding $10 million. This meteoric rise coincides with a surge in the value of the MAGA coin, a politically charged meme coin named after Trump’s signature campaign slogan. Trump’s foray into crypto began cautiously. In 2019, he expressed reservations about Bitcoin’s volatility. However, his perspective appears to have undergone a significant transformation. During his recent presidential campaign, Trump embraced a more pro-crypto stance, even establishing a fundraising page accepting donations in various cryptocurrencies. This move resonated with tech-savvy donors and signaled a potential shift in political fundraising strategies. The MAGA Coin Surge: A Meme Coin Phenomenon The majority of Trump’s cryptocurrency holdings are in $TRUMP alone, according to data from ArkhamIntel. In addition, Trump owns more than 463 Ethereum (ETH), which is now worth nearly $2 million. It is not known that Trump owns any Bitcoin (BTC). BREAKING: Donald Trump now holds $10M in crypto Donald Trump’s on-chain holdings surpassed $10 Million this morning, mainly fuelled by the rise in price of the $TRUMP coin – of which Trump currently holds $7.3M. pic.twitter.com/rkQi6SLvvG — Arkham (@ArkhamIntel) May 27, 2024 The centerpiece of Trump’s crypto portfolio is the MAGA coin, a Solana-based meme coin that has witnessed a phenomenal 60% price increase in just one week. Analysts attribute this surge to a confluence of factors, including social media buzz and the growing influence of political figures on the cryptocurrency market. MAGA price action in the last week. Source: Coingecko Trump’s holdings in MAGA coin alone account for a staggering $7.3 million, highlighting the potential windfalls in the often-unpredictable crypto landscape. Crypto Controversies: Regulation, Ross Ulbricht, And Political Fundraising Trump’s crypto bonanza has sparked a renewed debate about digital asset regulation. His recent announcement regarding…
The post Trump’s Digital Fortune Booms To Over $10 Million appeared on BitcoinEthereumNews.com.
Former US President Donald Trump has emerged as an unlikely champion of cryptocurrency, amassing a digital fortune exceeding $10 million. This meteoric rise coincides with a surge in the value of the MAGA coin, a politically charged meme coin named after Trump’s signature campaign slogan. Trump’s foray into crypto began cautiously. In 2019, he expressed reservations about Bitcoin’s volatility. However, his perspective appears to have undergone a significant transformation. During his recent presidential campaign, Trump embraced a more pro-crypto stance, even establishing a fundraising page accepting donations in various cryptocurrencies. This move resonated with tech-savvy donors and signaled a potential shift in political fundraising strategies. The MAGA Coin Surge: A Meme Coin Phenomenon The majority of Trump’s cryptocurrency holdings are in $TRUMP alone, according to data from ArkhamIntel. In addition, Trump owns more than 463 Ethereum (ETH), which is now worth nearly $2 million. It is not known that Trump owns any Bitcoin (BTC). BREAKING: Donald Trump now holds $10M in crypto Donald Trump’s on-chain holdings surpassed $10 Million this morning, mainly fuelled by the rise in price of the $TRUMP coin – of which Trump currently holds $7.3M. pic.twitter.com/rkQi6SLvvG — Arkham (@ArkhamIntel) May 27, 2024 The centerpiece of Trump’s crypto portfolio is the MAGA coin, a Solana-based meme coin that has witnessed a phenomenal 60% price increase in just one week. Analysts attribute this surge to a confluence of factors, including social media buzz and the growing influence of political figures on the cryptocurrency market. MAGA price action in the last week. Source: Coingecko Trump’s holdings in MAGA coin alone account for a staggering $7.3 million, highlighting the potential windfalls in the often-unpredictable crypto landscape. Crypto Controversies: Regulation, Ross Ulbricht, And Political Fundraising Trump’s crypto bonanza has sparked a renewed debate about digital asset regulation. His recent announcement regarding…
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