Donald Trump's Cryptocurrency Holdings: Exploring His Investments in ETH and MAGA Token
Apr 3, 2024
Former President Donald Trump's recent comments on cryptocurrency have sparked interest, suggesting a shift in his stance towards digital assets. In an interview with CNBC in early March 2024, Trump expressed a more neutral position on Bitcoin and cryptocurrency, indicating a departure from his previous negative remarks in 2021. Notably, Trump mentioned that he holds cryptocurrencies himself and has profited from them, referring to them as "crazy new currencies." It was revealed that Trump owns a significant amount of Ethereum (ETH), totaling around $2.7 million, obtained through royalties from NFT projects and supporter donations, although he sold over 1,000 ETH in late 2023. Additionally, Trump's largest crypto holding is the meme coin MAGA (TRUMP), which he received when it launched in 2023, and is currently valued at over $3 million. These revelations about Trump's cryptocurrency holdings shed light on the evolving landscape of digital assets and their intersection with political figures.
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