Fascinating developments are unfolding in the cryptocurrency wallet of Donald Trump, the former President of the United States and a contender in the upcoming presidential race. Trump, known for his NFT collection, receives Ethereum proceeds from it, accumulating a substantial $1.79 million worth of ETH in his wallet. Apart from Ethereum, his diverse portfolio, valued at around $25 million, predominantly consists of tokens involuntarily airdropped by altcoin developers.
Previously, Trump’s wallet boasted the TRUMP token as its largest asset, whose value surged alongside the popularity of politically themed altcoins. However, a new contender has emerged, significantly boosting Trump’s overall assets. His holdings in memecoins have nearly doubled, surpassing $20 million. The standout altcoin driving this surge is TROG, with Trump currently holding $12.61 million worth of its tokens, generously airdropped by developers during the token’s inception, comprising roughly half of its total supply.
Despite this windfall, it’s improbable for Trump to capitalize on the TROG altcoins. He likely remains unaware of their existence, and even if informed, it’s doubtful he would divest his substantial holdings at market value, given his stake in the token’s total supply.
