Donald Trump’s MAGA Coin Stash Just Increased Over $300,000 In Value: Here’s How Much His Crypto Portfolio Is Worth

Loading… Loading…

Donald Trumps crypto wallet surged by over $300,000 in value in the past 24 hours,led by a28% gainofthe MAGA MemecoinTRUMP/USD .

What Happened: According to data from Arkham Intelligence, Trump's crypto portfolionow standsat$4.4million, up 7.5% on the day and over $500,000 compared to its value of $3.85 million onFeb. 16, 2024.

This rise is primarily due to the Maga Memecoin surging 28% on the day,as per DEXScreener data.

The top five cryptocurrencies in Trumps portfolio and their respective values are as follows: TRUMP: Trump holds 579.28K TRUMP tokens valued at $2.32million, with each coin worth around $4.00 at the time of writing. WETH: Trump possesses 367.94 WETH tokens, worth $1.09 million. EthereumETH/USD : Trumps wallet contains 340.531 Ethereum, valued at $ $998.26K. BABYTRUMP: Trumps holdings include 950K tokens worth $103.61K ($0.11 each token). Polygon MATIC/USD : The portfolio also holds 4.918Ktokens worth $4.78K, with each token priced at $0.97.

Read Also:If You Invested $1,000 In Donald Trump NFTs, Here's How Much You'd Have Today

Why It Matters: Event and celebrity-affiliated meme cryptocurrencies have garnered immense interest in the crypto market.

A recent example is anNvidia memecoin, which gained popularity following the companys record fourth-quarter earnings.

Trump's portfolio value has surged by 62.2% over the past month, driven by the bullish sentiment in the crypto market.

The MAGA Memecoin has seen significant growth since its inception, with social media opinion leaders expecting further gains leading into the upcoming Republican primaries:Loading… Loading…

Back in 2019, Trump expressed strong opposition to Bitcoin and other cryptocurrencies. But in a recent interview, the former president acknowledged the growing popularity of Bitcoin, stating, Frankly, its taken a life of its own, you probably have to do some regulation, as you know.

In January 2024, he opposed the concept of the U.S. developing its own CBDC.

Also of note isnot only is the TRUMP memecoin experiencing a rally, but the Trump Digital Trading Cards (TRUMP) NFTs have also seen a 6.4% increase in value over the past week.

Read: Next:Trump Warming Up To Bitcoin? Ex-President Finds Growing Popularity Of Apex Crypto 'Interesting' But Dollar Remains Favorite

Photo: ShutterstockLoading… Loading…