Will Donald Trump Be The First Sitting US President to Hold Meme Coins?

The post Will Donald Trump Be The First Sitting US President to Hold Meme Coins? appeared on BitcoinEthereumNews.com. Donald Trump will soon be the 47th US President, with the inauguration event on January 20. Compared to the last presidency, things are totally different this time. Trump’s perspective towards the crypto industry has changed drastically from complete opposition to support, with promises of transforming the USA into the crypto superpower, introducing crypto regulation, and much more. Although this is a pleasant moment for crypto investors, the excitement is higher about Trump’s crypto holding, driving him to become the first sitting US president to hold meme coins. Let’s discuss his holding and portfolio worth. Donald Trump Crypto Wallet Holdings Worth Exceeds $15M Per the latest Arkham Intelligence report, Donald Trump’s crypto wallets hold multiple cryptocurrencies whose value exceeds $15M in the crypto market. Out of these, a significant portion is of meme-themed cryptocurrencies. The continuity of these holdings will make him the first sitting president with meme coin holdings. The elected president also holds top altcoins like Ethereum, BNB, and Matic and stablecoins like USDC and USDT, maintaining a diversified portfolio. At its peak, these holdings were worth $26M but have dropped to $15M amid crypto market struggles with Bitcoin price consolidations. Interestingly, Trump’s crypto project, WLFI holds millions worth of cryptos after significant buying in 2024, taking a strong stand in the cryptocurrency industry. Notably, Trump’s impact is relatively high in the market, influencing the Trump-themed cryptos and other meme-themed coins held. Top Memecoins In Trump’s Crypto Portfolio More than 70% of Trump’s crypto portfolio is filled with top meme coins, including Trump-themed cryptos, which have increased demand in the market. Although none of these Trump meme tokens has a direct connection with the soon-to-be president, his online presence still influences the price of these tokens. As a result, investors eye them and invest actively. Interestingly, Trump’s portfolio also…

Jan 11, 2025 - 16:00
 0  2
Will Donald Trump Be The First Sitting US President to Hold Meme Coins?

The post Will Donald Trump Be The First Sitting US President to Hold Meme Coins? appeared on BitcoinEthereumNews.com.

Donald Trump will soon be the 47th US President, with the inauguration event on January 20. Compared to the last presidency, things are totally different this time. Trump’s perspective towards the crypto industry has changed drastically from complete opposition to support, with promises of transforming the USA into the crypto superpower, introducing crypto regulation, and much more. Although this is a pleasant moment for crypto investors, the excitement is higher about Trump’s crypto holding, driving him to become the first sitting US president to hold meme coins. Let’s discuss his holding and portfolio worth. Donald Trump Crypto Wallet Holdings Worth Exceeds $15M Per the latest Arkham Intelligence report, Donald Trump’s crypto wallets hold multiple cryptocurrencies whose value exceeds $15M in the crypto market. Out of these, a significant portion is of meme-themed cryptocurrencies. The continuity of these holdings will make him the first sitting president with meme coin holdings. The elected president also holds top altcoins like Ethereum, BNB, and Matic and stablecoins like USDC and USDT, maintaining a diversified portfolio. At its peak, these holdings were worth $26M but have dropped to $15M amid crypto market struggles with Bitcoin price consolidations. Interestingly, Trump’s crypto project, WLFI holds millions worth of cryptos after significant buying in 2024, taking a strong stand in the cryptocurrency industry. Notably, Trump’s impact is relatively high in the market, influencing the Trump-themed cryptos and other meme-themed coins held. Top Memecoins In Trump’s Crypto Portfolio More than 70% of Trump’s crypto portfolio is filled with top meme coins, including Trump-themed cryptos, which have increased demand in the market. Although none of these Trump meme tokens has a direct connection with the soon-to-be president, his online presence still influences the price of these tokens. As a result, investors eye them and invest actively. Interestingly, Trump’s portfolio also…

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