Former president Donald Trump’s crypto wallet is bulging—and he now owns nearly $4 million worth of MAGA meme coins.
The Ethereum wallet tied to the presidential hopeful by blockchain analytics firm Arkham Intelligence now holds almost $6.4 million in crypto. Most of that—about 58%, or $3.85 million worth as of this writing—is held in MAGA (TRUMP) tokens, which run on Ethereum’s blockchain.
Trump also holds over $1.2 million in Wrapped Ethereum (WETH) tokens and more than $1.1 million in Ethereum (ETH). The former United States President receives royalties from sales of the official Trump NFT collections, launched in 2022 and 2023. He cashed out millions of dollars’ worth of ETH late last year following the latest NFT collection launch.
The TRUMP meme token is currently priced at $6.53, up 139% this week, CoinGecko shows. In the past month, the price has soared by 341%. TRUMP hit an all-time high price of $7.78 early Wednesday, pushing the value of Trump’s o
Go to Source to See Full Article
Author: Mathew Di Salvo
Tip BTC Newswire with Cryptocurrency