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Donald Trump Crypto Holdings Rally to $9.4M: Here’s a Look at His Portfolio

DATE POSTED:November 26, 2024
Trump cryptocurrency token launch 2024

The post Donald Trump Crypto Holdings Rally to $9.4M: Here’s a Look at His Portfolio appeared first on Coinpedia Fintech News

Donald Trump’s crypto portfolio is making headlines again, having tripled in value from $3.6 million in August to $9.4 million as of November 26. This impressive surge is linked to the recent rally in the crypto market and Trump’s strategic investments in a mix of trending tokens and blue-chip assets.

Let’s take a closer look at how he made this 3x profit with lesser-known coins.

While Trump has publicly supported Bitcoin during his campaign, it’s surprising that his portfolio doesn’t include any BTC. Instead, his holdings are focused on Ethereum (ETH) and meme coins. This has caught analysts off guard, given Bitcoin’s dominant role in the crypto world.

So, how did Trump make his gains without investing in Bitcoin?

The Market Rally That Boosted Trump’s Holdings

The crypto market has been on fire lately, with global market capitalization reaching $3.27 trillion. As sentiment shifts toward “extreme greed,” almost every major token has posted strong gains. Trump’s portfolio has benefited significantly, especially with his largest holding, the meme coin TROG.

His investment in TROG saw an incredible 1060% price surge in just 24 hours, boosting his portfolio’s value. Additionally, Ethereum (ETH) and Wrapped Ethereum (WETH) both saw 40% gains in the past month, further contributing to his growth.

Smart Diversification Is Key

According to Arkham Intelligence data, Trump’s portfolio is now valued at $5.43 million, though it once reached a high of $31.23 million in June. This peak was driven by a major surge in TROG’s value, but the market has since cooled down.

UPDATE: Donald Trump currently holds $5.4M in crypto.

His top holding is ETH. pic.twitter.com/oAm9AGUQL5

— Arkham (@ArkhamIntel) November 25, 2024

Despite this drop, Trump has maintained a well-diversified portfolio, holding a variety of valuable crypto assets, including stablecoins like USDC, which help protect his investments from market volatility.

Memecoins and Stablecoins: Trump’s Winning Combo

Trump’s portfolio includes a mix of trending meme coins, such as TRUMP, PEPE, and GUA, but he has also invested in more stable assets like Ethereum and USDC. The stablecoins provide a safety net, ensuring some level of stability in his portfolio despite the market’s fluctuations.

As a result, Trump’s crypto holdings are now worth about $10.3 million, with unrealized profits of $5.3 million.

Despite Bitcoin’s strong performance—currently near an all-time high of $99.6K and expected to break the $100K mark soon—Trump has not included Bitcoin in his portfolio. This is surprising, considering his support for Bitcoin during the election campaign.

This omission raises questions about his strategy in the crypto market, especially as Bitcoin continues to rally.

All that talk on $BTC but he doesn't hold any?    </div>
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