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Home CRYPTO

The Truth Behind Donald Trump’s $5.4 Million Crypto Portfolio

Michael Juanico by Michael Juanico
November 25, 2024
in CRYPTO, FEATURED, FINANCE
Reading Time: 2 mins read
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  • Donald Trump’s cryptocurrency portfolio is valued at $5.43 million as of November 25, 2024, including significant holdings in Ethereum and meme coins like TRUMP tokens and TROG tokens.
  • Trump’s portfolio was worth over $14 million in June 2024, with his TRUMP tokens alone valued at around $989 million at that time.
  • Trump has not sold his airdropped TRUMP or TROG tokens, possibly due to legal, tax, or optics-related factors surrounding the offloading of politically themed tokens.

President-elect Donald Trump‘s cryptocurrency portfolio has grown to be worth $5.43 million as of Monday. This represents a noticeable decline from its peak value of over $14 million in June. Trump is set to become the first U.S. president to openly support cryptocurrency.

Trump’s Current Crypto Holdings

Trump currently holds around $5.43 million in cryptocurrency assets. His portfolio includes:

  • $17 million in Ether (ETH)
  • $1.65 million in wrapped Ether (WETH)
  • $1 million in TRUMP tokens
  • $403,860 in TROG tokens

Much of the value is tied to Ethereum. The price of ETH has dropped from $3,813 on June 1 to $3,475 on November 25.

Why Trump Hasn’t Sold

One reason Trump may not have sold the airdropped TRUMP and TROG tokens is due to legal and tax complexities. Selling them could trigger capital gains taxes or require disclosures under campaign finance laws. Holding these politically-themed tokens for now likely helps Trump navigate uncertainties until compliant selling strategies can be assessed.

Conclusion

While Trump’s cryptocurrency portfolio has declined from its peak, he still holds assets worth millions. His presidency marks a historic shift, as he will be the first U.S. president to take office while owning cryptocurrency.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: Donald TrumpEtherethereumTROG tokensTRUMP tokens
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Michael Juanico

Michael Juanico

Michael is a BSBA Management graduate from Mindanao State University and has been a professional content writer since 2019. He began exploring cryptocurrency in 2021 and has since made blockchain and digital assets his primary focus. For nearly four years, Michael has contributed research and editorial content at Aiur Labs and BlockNews, producing clear and accessible coverage of market trends, trading strategies, and project developments. He is transparent about his personal holdings in Bitcoin, TRON, and select meme tokens, combining writing expertise with hands-on market experience to deliver trustworthy insights to readers.

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