Donald Trump's Alleged Crypto Wallet Surges Past $10 Million Mark
CryptoNewsTerminal Staff27 May, 2024
Donald Trump's Alleged Crypto Wallet Surges Past $10 Million Mark
Donald Trump's Alleged Crypto Wallet Surpasses $10 Million According to Arkham Data, the value of digital assets in a wallet believed to belong to former U.S. President Donald Trump has exceeded $10 million. This surge is primarily attributed to the recent bull run in the price of the meme coin TRUMP. The specified wallet contains a variety of cryptocurrencies, including approximately 579,000 TRUMP and 463 ETH. This news follows a string of crypto-related initiatives associated with Trump. Previously, the former president launched his own social media platform, Truth Social, which incorporates cryptocurrencies. Additionally, Trump has expressed support for initiatives involving non-fungible tokens (NFTs). As the crypto sector continues to gain attention, it remains to be seen whether Trump's reported involvement will have a long-lasting impact on the industry.
