Significant Surge in MAGA Memes Coin Benefitting, Trump’s Cryptocurrency Assets Exceeding Millions of Dollars
The online analytics organization, Arkham, recently released a list of celebrity cryptocurrency holdings, marking the X celebrity accounts with over one million followers and analyzing their crypto assets. At the time, former US President Donald Trump had the highest cryptocurrency holdings with 6.4 million US dollars. Now, with the significant increase in the value of Trump meme coin MAGA (code: TRUMP), his assets have surpassed tens of millions of US dollars.
Former US President Donald Trump has 87.2 million fans on X. According to Arkham Intelligence data, his cryptocurrency net assets briefly exceeded 10 million US dollars yesterday, mainly due to the sharp rise in the value of his Trump meme coin MAGA (code: TRUMP). According to CoinMarketCap data, TRUMP, inspired by Trump’s pro-crypto remarks in May, has risen from $4 and currently stands at $11.24.
According to his transaction records, most of the funds are labeled as NFT Affiliated Earning, speculated to be related income from his NFT issuances, with most of these incomes stored in ETH. Trump’s crypto wallet currently holds 464 Ether (429 Ether as of May 14th), worth about 1.81 million US dollars. As reported earlier, Trump had sold his ETH holdings at the end of last year, making a profit of up to 2.4 million US dollars. Most of these ETH came from royalty fees from Trump’s previous three series of NFTs, indicating that Trump has made a considerable amount of money through NFT issuances.
Other meme coins related to Trump include MVP, CONAN, BABYTRUMP, and STRUMP.
MAGA
Donald Trump
Related Readings:
Trump claims the US must become a leader in the crypto field, promising to commute the sentence of Silk Road founder
Trump accepts cryptocurrency donations, and the MAGA crypto army will drive his campaign to victory.
