Trump’s financial disclosure discloses substantial cryptocurrency and NFT investments

0

Donald Trump’s most recent financial report indicates that he has acquired approximately $5 million in cryptocurrencies and has garnered over $7 million from NFTs as a result of a partnership with NFT INT.

This disclosure, which was shared by Citizens for Ethics, underscores Trump’s transition from an initial skepticism toward crypto to a more supportive stance.

The records indicate that Ethereum comprises the majority of Trump’s cryptocurrency investments, with an estimated value of $1 million to $5 million.

Arkham Intelligence provides additional information that Trump’s portfolio includes $3.55 million in Ethereum, bundled Ethereum, and USDC, as well as certain meme coins such as MAGA and FIGHT. In June, the TRUMP meme coin experienced a significant increase in value, resulting in a pinnacle of $18 million in his crypto assets.

Donald Trump has also acquired $7.15 million from NFT initiatives, which include a limited-edition footwear and trading cards. Eric Trump has hinted at a project that may involve digital real estate, and Trump and his team are currently working on new crypto and NFT initiatives.

The recent RTR coin fraud, which falsely advertised itself as an official Trump-related token, is a prime example of how Trump’s involvement in crypto has resulted in elevated risks for his supporters. However, there is still a significant level of interest in crypto initiatives that are authentically associated with Trump.

Also Read: Bitdeer Reveals a $150 Million Special Notes Offering

Leave A Reply

Your email address will not be published.