A new filing dated August 15 with the U.S. Office of Government Ethics, shared by Citizens for Ethics, indicates that Trump holds a cryptocurrency portfolio valued between $1 million and $5 million, predominantly in Ethereum (ETH). This aligns with Trump’s previous remarks about potentially raising the value of cryptocurrencies if he were to assume the presidency again.
According to the disclosure, Trump’s cryptocurrency holdings are valued between $1 million and $5 million. Data provided by blockchain analytics firm Arkham Intelligence estimates Trump’s total crypto assets at $3.4 million. The disclosed information highlights Ethereum as Trump’s primary investment, with $1.29 million of his holdings comprising 492.72 Ethereum.
In addition to Ethereum, Trump also possesses 377,465 Wrapped Ethereum (WETH) worth approximately $989,500. Wrapped Ethereum is well-known in the decentralized finance (DeFi) sector, aligning with the broader DeFi movement by offering utility across multiple blockchain platforms.
What else does Trump hold besides Ethereum?
In addition to Ethereum, Trump also holds $136,290 in the stablecoin USDC. This portion of his portfolio, considered less risky, reflects a strategy aimed at preserving liquidity and reducing volatility, balancing risk with stability in his cryptocurrency investments.
Beyond the aforementioned cryptocurrencies, Trump’s portfolio includes Trump-themed tokens such as MAGA Again (MAGAA), Fight to MAGA (FIGHT), MAGA VP (MVP), and BabyTrump.
Despite their Trump-centric themes, there is no indication or documentation confirming any direct connection between these tokens and the former president. It remains unclear whether these tokens were purchased by Trump or sent to his address by another party, raising uncertainty about whether they constitute direct investments by Trump.
Given previous instances where coins were sent to high-profile wallets as a promotional tactic, often linked to scams, investors are advised to thoroughly evaluate and scrutinize the coins in Trump’s wallet before making any purchase decisions.
Let’s talk about their value. 40M DUMP is less than $1. What is that? And the gas fee is having nothing to do with the amount of the coin when it comes to the cost of withdrawal. I felt like scammed after I withdrew 42M DUMP through DUCKS staking.