Donald Trump Crypto Portfolio Hit $10 Million Amid MAGA Meme Coin Rally

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

Arkham
Intelligence
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.

(Source:


Arkham)

The
growth
coincides
with
a
113%
price
growth
for
the
TRUMP
meme
coin.

Donald
Trump’s
Presidential
Warms
Up
To
Crypto

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

donate
in
Bitcoin
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

Polymarket
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%.

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