According to Arkham Intelligence, former US President Donald Trumpâs portfolio has reached a new milestone.
His on-chain holdings have exceeded $10 million, primarily due to the surge in value of the TRUMP coin, now trading at $12.67.
Inside Trumpâs Portfolio
As of the latest data, the politician holds $7.34 million worth of TRUMP coin. The assetâs price recently rose by $1.40, significantly boosting his portfolio.
SponsoredâHis owning $10M crypto is mainly fuelled by the rise in price of the $TRUMP coin, of which Trump currently holds $7.3M,â Arkham noted.
Trumpâs diverse cryptocurrency portfolio includes several notable assets. He owns 463.35 ETH, valued at approximately $1.81 million, and 1 million MVP tokens worth $480,590. Additionally, he holds 20 billion CONAN tokens, valued at $312,800, and two entries for BABYTRUMP: 950,000 coins worth $149,840 and 900,190 coins valued at $7,590. Former US President also owns 53,1728 TRUMP coins worth $13.540 and 11,989 USDC worth $11,990.
Read more:Â How To Donate Crypto Using The Giving Block.
The politicianâs engagement with cryptocurrency extends beyond personal investments. Recently, he made several pro-crypto statements, highlighting that the US must lead in this growing sector. Moreover, Trumpâs campaign has started accepting crypto donations in various digital assets, including Bitcoin.
âI am very positive and open-minded to cryptocurrency companies. Our country must be the leader in the field. There is no second place,â he stated.
This support for the crypto industry sharply contrasts with President Joe Bidenâs administration, which he accuses of wanting to stifle the industry. At the Libertarian Partyâs National Convention in Washington, Trump pledged to protect the right to self-custody crypto assets and prevent the creation of a central bank digital currency (CBDC).
âI will support the right to self-custody. I will keep Elizabeth Warren and her goons away from your bitcoin,â the politician added.
Trumpâs pro-crypto stance is boosting his election prospects. According to Polymarket, a crypto-based prediction platform, he has a 56% chance of winning, compared to Bidenâs 38%. His campaignâs acceptance of digital asset donations marks a significant move, in stark contrast to the current administrationâs approach to cryptocurrency.
