Donald Trump, the incoming president of the United States, revealed that he possesses $7.2 million in various cryptocurrencies
This is more proof that he supports bitcoin.Arkham Intelligence says that on November 25, the 47th President of the United States had digital assets worth about $7.2 million in bitcoins. On June 6, he had $26 million in cryptocurrency. A few days later, it dropped to $17 million.
He has 210 billion Trog (TROG) coins, which are worth $1.86 million. This is the most valuable cryptocurrency he owns. Prices for TROG have gone from $0.000002008 to $0.000008914 in just 24 hours, according to this article.
The most intriguing aspect is that he possesses TROG, a coin valued at $1.7 million, which surpasses the value of Ethereum (ETH) by 1.6% and outperforms its average price of $3,401. With 478 WETH, which is $1.63 million, it became the third most valuable cryptocurrency owned.
He also has a TRUMP-themed coin worth 579k, which is about $1.03 million. He mostly has joke coins in his hands, like GUA, TUA, PUPPIES, and CZAR. Bitcoin (BTC), which is the biggest cryptocurrency he has, wasn’t on the top list.
What’s Trump Doing About Crypto?
He used to be known as someone who opposed cryptocurrency, but after losing his bid for reelection as U.S. President in 2021, he rose to prominence in the cryptocurrency industry.
After going to the Bitcoin Conference 2024 in Nashville, he became pro-crypto before this year’s election. Several Republican senators support his crypto-friendly plan, which includes a Bitcoin Strategic Reserve. If he wins re-election, he wants to present it to Congress.
He has chosen several crypto-friendly people for his government now that he is back in office, such as Elon Musk and Robert F. Kennedy Jr. Also, Trump chose Scott Bessent to be Secretary of the Treasury, calling him “the most pro-crypto Treasury we’ve ever seen.”
