At 1:30 p.m. ET on Monday, President-elect Donald Trump’s cryptocurrency portfolio was valued at an impressive $5.43 million. While this might seem like a testament to the ongoing strength of the crypto market, it’s worth noting that this valuation reflects a decline from its peak in June. The fluctuation raises questions about the role of digital assets in high-profile portfolios and what this shift might signal for the broader market.
Donald Trump is poised to become the first U.S. President to openly embrace cryptocurrency, marking a shift from his previous critical stance. Currently, his crypto portfolio is valued at $5.43 million, with a substantial portion invested in Ethereum (ETH). As of November 25, Trump’s holdings include $1.7 million in Ether, $1.65 million in Wrapped Ether (WETH), and 579,289.81 TRUMP tokens, worth about $1 million. Additionally, he holds 210.345 billion TROG tokens, valued at approximately $403,860.
While Trump’s portfolio has seen significant fluctuations, it was worth over $14 million in June, driven largely by the rise in TROG token values. However, his assets have since declined, with Ethereum’s price falling from $3,813 in June to $3,475 in late November. One reason Trump may not have sold his airdropped tokens could be due to legal and tax complexities, as well as the potential political ramifications of selling assets tied to his campaign. Holding these tokens may be a strategic decision as he navigates regulatory challenges and plans his next steps.
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