Benefiting from the meme coin MAGA, Trump's cryptocurrency assets have surged to over ten million dollars.
The blockchain analytics firm Arkham recently released a list of celebrity cryptocurrency holdings, marking the accounts of X celebrities with over one million followers and analyzing their cryptocurrency holdings. At the time, former U.S. President Donald Trump held the top spot with $6.4 million in cryptocurrency. With the significant surge in value of the Trump meme coin MAGA (code: TRUMP), his asset value has now surpassed tens of millions of dollars.
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Arkham X Celebrity Crypto Rankings: Trump Tops List, Singer Justin Bieber Follows
Former U.S. President Donald Trump has 87 million followers on X and, according to Arkham Intelligence data, his cryptocurrency net worth surpassed $10 million yesterday. This is mainly due to the significant increase in the value of his Trump meme coin MAGA, with the code TRUMP. According to CoinMarketCap data, TRUMP saw a steady rise since May, inspired by Trump's supportive cryptocurrency comments, starting at $4 and currently trading at $11.24.
Trump is accepting cryptocurrency donations, and the MAGA Crypto Legion is expected to drive his campaign to victory.
According to his transaction records, most funds are labeled as NFT Affiliated Earning, speculated to be related to his NFT earnings, mostly deposited in ETH. Trump's cryptocurrency wallet currently holds 464 ETH, up from 429 on May 14, valued at approximately $1.81 million. Previous reports indicated that Trump sold his ETH holdings at the end of last year, making a profit of up to $2.4 million, mainly from royalties of the 3 series of NFTs he released. It appears Trump has made significant profits from issuing NFTs.
Profiting from NFT royalties! On-chain analytics firm Arkham: Trump has sold over a thousand ETH, making $2.4 million
Other meme coins like MVP, CONAN, BABYTRUMP, STRUMP all seem to revolve around Trump's meme coins.
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