Happy Birthday, Donald Trump: Revealing his Crypto Holdings on 79th Birthday
Donald Trump, born on June 14, 1946, celebrates his 79th birthday today, coinciding with the 250th anniversary of the U.S. Army. In honor of the same, a massive $45M military parade will take place today in Washington, D.C. Becoming the 47th and second-time president, Trump has also become a prominent figure in the cryptocurrency market. His NFT collection, the official Trump meme coin launch, and numerous crypto holdings have positioned him as a significant player in the crypto space. Let’s delve into the details.
Donald Trump Birthday News: Crypto Holdings Surpass $1.5 Million
Donald Trump’s birthday is not just an ordinary occasion; its impact is evident in the cryptocurrency token prices. Many Trump-inspired crypto tokens have experienced a substantial uptrend amid the excitement, although historical records indicate that such trends are short-lived. The spotlight is on Trump’s crypto holdings, which have exceeded the $1.5 million mark. Reports from Arkham Intelligence reveal that his holdings are currently valued at $1,486,397.26. While this figure is significant, it falls short of the peak value of $32 million. Notably, the largest investment is in TROG ($948.7k), a combination of a frog and a Trump-themed meme coin. Following closely are holdings in the USDC stablecoin and the TRUMP token, the president’s official meme coin. The portfolio also includes various leading altcoins such as Ethereum, meme coins, and stablecoins. Presently, TROG and PEEZY are the top performers in Trump’s crypto portfolio. However, this is just the tip of the iceberg, as reports suggest that the president is also generating substantial returns from familial crypto ventures.
Donald Trump’s Crypto-Driven Profits & Venture Holdings
A report by Forbes indicates that Trump has amassed over a billion dollars in profits from cryptocurrencies, contributing to his net worth of $5.6 billion. The breakdown reveals that his NFT holdings alone have generated $7 million, with $4 million post-tax. Additionally, the Trump family’s crypto enterprise, World Liberty Financial, is a significant contributor, with Trump expected to receive $390 million ($246 million post-tax). Even the TRUMP meme coin has generated $350 million in trading fees. Forbes estimates Donald Trump’s total crypto stake at $1.2 billion. This is just a fraction of his earnings, with more profits anticipated as he continues to hold onto cryptocurrencies. The current geopolitical landscape is impacting cryptocurrency market performance. Should the bull market return, Donald Trump’s crypto holdings could potentially double from their value on his birthday.
