Key Points
Donald Trump’s crypto investments have surged to over $32 million, thanks in part to Vivek Ramaswamy.
The majority of Trump’s investment portfolio is in meme coins TRUMP and TROG, totaling more than $27 million.
Despite his initial doubts, Trump now backs cryptocurrency and stresses the importance of American leadership in the industry.
Former US President Donald Trump has experienced a significant evolution in his views on cryptocurrency, largely guided by Vivek Ramaswamy. Trump’s crypto investments have now surpassed $32 million, marking a noteworthy change in his perspective.
Trump’s foray into the crypto sphere began in 2022 with the introduction of the Trump Digital Trading Cards NFT collection, where he sold 45,000 NFTs at $99 each. This initiative was followed by the ‘Mudshot Edition’ NFTs, aiding Trump in amassing over 1,900 ETH. In December 2023, he sold 1,075 ETH for $2.4 million but retains over 800 ETH, currently valued at more than $3.1 million.
A Portfolio Filled with Meme Coins
A significant portion of Trump’s $32 million crypto portfolio is comprised of two meme coins: TRUMP and TROG, which collectively make up more than $27 million. His holdings also include tokens like TRUMP, TROG, ETH, and WETH.
TRUMP’s Meteoric Rise
TRUMP was the initial successful project to contribute tokens to Trump’s portfolio. In August 2023, the creators transferred 580,000 tokens to him. Initially valued at a few thousand dollars, the worth of TRUMP escalated to over $17.5 million. While it has seen a decline since then, Trump’s holdings remain substantial at nearly $8 million.
Dominance of TROG
TROG stands as Trump’s largest investment, with 210.345 billion tokens valued at $21 million—constituting over half of TROG’s total market capitalization of $36 million. Despite not ranking in the top 2,500 tokens by market cap, TROG plays a significant role in his portfolio. The token’s value surged by more than 160% in the last 24 hours following the discovery of Trump’s support by his followers.
Tactical Maneuvers and Liquidity Concerns
The deliberate distribution of TROG to Trump’s wallet, containing half of the total supply, appears to be a strategic move to boost his public image. This approach has also benefitted the projects themselves, as their association with Trump has increased their visibility.
Despite the impressive overall value of his portfolio, a considerable portion of Trump’s crypto assets is illiquid due to the limited market depth and volume in certain meme coins. For instance, TROG had a trading volume of merely $20 million in the previous 24 hours, presenting a challenge for Trump to sell his holdings without impacting the market price.
A Shift in Perspective
In a 2021 interview, Trump advocated for stringent regulations on cryptocurrencies, asserting the dominance of the US dollar as the global currency.
Nevertheless, his recent actions exhibit a supportive stance towards cryptocurrency, underscoring the necessity for the United States to lead in this cutting-edge sector.
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What are your thoughts on Trump’s remarkable transition to cryptocurrency? Do you anticipate this move influencing others to follow suit?
Tags: Crypto Regulations

Key Points
Donald Trump’s cryptocurrency investments have surpassed $32 million, influenced by Vivek Ramaswamy.
A significant portion of Trump’s investment portfolio comprises meme coins MAGA Coin (TRUMP) and Trog (TROG), totaling over $27 million.
Despite initial doubts, Trump now advocates for cryptocurrency and stresses the importance of U.S. leadership in the industry.

Former President of the United States, Donald Trump, has undergone a notable transformation in his views on cryptocurrency, largely guided by Vivek Ramaswamy. Trump’s crypto assets have exceeded $32 million, signaling a significant shift in his perspective.

Trump’s foray into the cryptocurrency market commenced in 2022 with the introduction of the Trump Digital Trading Cards NFT collection, where he sold 45,000 NFTs priced at $99 each. Subsequently, the ‘Mudshot Edition’ NFTs further boosted Trump’s crypto holdings, helping him amass over 1,900 ETH. By December 2023, he sold 1,075 ETH for $2.4 million but retains over 800 ETH, now valued at more than $3.1 million.

Meme Coin Portfolio
A substantial portion of Trump’s $32 million crypto portfolio comprises two meme coins: MAGA Coin (TRUMP) and Trog (TROG), collectively amounting to over $27 million. Additionally, his holdings encompass tokens such as TROG, TRUMP, ETH, and WETH.

Rise of MAGA Coin
MAGA Coin emerged as the first successful project to contribute tokens to Trump’s portfolio. In August 2023, the founders transferred 580,000 tokens to him, initially valued at a few thousand dollars. The value of MAGA Coin surged to over $17.5 million, although it has since decreased, Trump’s holdings remain significant at nearly $8 million.

Dominance of Trog
Trog stands as Trump’s largest holding, comprising 210.345 billion tokens valued at $21 million—representing more than half of TROG’s total market capitalization of $36 million. Despite Trog not ranking among the top 2,500 tokens by market cap, it plays a crucial role in Trump’s portfolio. The token’s value surged by over 160% within the last 24 hours following the discovery of Trump’s investment by his supporters.

Strategic Actions and Liquidity Concerns
The deliberate airdrop of TROG to Trump’s wallet, including half of the total supply, appears to be a strategic move to boost his public profile. This tactic has not only benefited the projects but also increased their visibility through association with Trump.

Despite the substantial value of Trump’s portfolio, a significant portion of his crypto wealth remains illiquid due to limited market depth and volume in certain meme coins. For instance, Trog recorded a trading volume of just $20 million in the past 24 hours, potentially posing challenges for Trump to liquidate his holdings without impacting market prices.

Shift in Perspective
In a 2021 interview, Trump advocated for stringent cryptocurrency regulations, asserting the dollar’s supremacy as the primary global currency. However, his recent actions demonstrate a supportive stance towards crypto, underlining the necessity for the United States to lead in this cutting-edge domain.

What are your thoughts on Trump’s remarkable pivot towards cryptocurrency? Do you anticipate this move influencing others to follow suit?

Tags: Crypto Regulations