Summary
TLDR: Former President Donald Trump owns nearly $4 million worth of MAGA meme coins in his crypto wallet. Most of his holdings are in MAGA tokens, with some in Wrapped Ethereum and Ethereum. The TRUMP token is currently priced at $6.53 and has seen significant price increases recently. Trump likely has no official connection to the token project. With high legal bills ahead of the election, he may feel pressure to sell more crypto.
Key Points
1. Former president Donald Trump owns nearly $4 million worth of MAGA meme coins, with most of it held in TRUMP tokens on Ethereum’s blockchain.
2. Trump also holds over $1.2 million in Wrapped Ethereum (WETH) tokens and more than $1.1 million in Ethereum (ETH) from royalties received from official Trump NFT collections.
3. The TRUMP meme token is currently priced at $6.53, up 139% this week, with the price soaring by 341% in the past month, reaching an all-time high of $7.78, pushing the value of Trump’s holdings above $4.5 million.