{"id":310872,"date":"2024-05-27T20:45:58","date_gmt":"2024-05-27T15:15:58","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=310872"},"modified":"2024-05-27T20:45:58","modified_gmt":"2024-05-27T15:15:58","slug":"donald-trump-crypto-holdings-exceed-10m-ahead-us-presidential-election-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/donald-trump-crypto-holdings-exceed-10m-ahead-us-presidential-election-crypto-news\/","title":{"rendered":"Donald Trump Crypto Holdings Exceed $10M Ahead US Presidential Election – Crypto News"},"content":{"rendered":"

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Former U.S. President Donald Trump\u2019s on-chain cryptocurrency holdings have exceeded the $10 million mark. The surge was primarily driven by a significant rise in the value of the MAGA (TRUMP) meme coin. According to Trump\u2019s portfolio, he has invested over $7 million in the TRUMP coin.<\/p>\n

Donald Trump\u2019s Crypto Holdings<\/h2>\n

As of this morning, Trump\u2019s digital assets portfolio has been bolstered by a notable increase in the price of TRUMP coin. According to Arkham Intelligence, Trump currently holds $7.3 million worth of MAGA crypto<\/p>\n

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Hence, the total crypto holdings in the US presidential candidate\u2019s portfolio amounts to $10.14 million. Moreover, Ethereum (ETH) is second in the list of Trump\u2019s crypto investments with $1.81 million invested. However, the pro-crypto presidential candidate hasn\u2019t invested in the largest cryptocurrency, Bitcoin (BTC).<\/p>\n

Whilst, his interest in the TRUMP coin, which is a political meme coin based on Solana, suggests his tactic to promote himself within the crypto community via this holding. The Republican presidential candidate reinforced his commitment to protecting the crypto sector, promising to nurture a robust crypto environment in the US.<\/p>\n

In a speech delivered in Washington D.C. on Saturday, May 25, Trump vowed to take all necessary actions to safeguard the future of digital currencies. This statement follows closely after the former President\u2019s recent announcement that he would accept cryptocurrency donations.<\/p>\n

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During his address on Saturday, Trump assured that Bitcoin and other cryptocurrencies would remain a key part of the U.S. financial system. Moreover, he stressed his support for the right of individuals to hold and manage their own digital assets. He said, \u201cI will support the right to self-custody.\u201d<\/p>\n

Trump also criticized Senator Elizabeth Warren and her regulatory initiatives. In addition, he stated, \u201cI will keep Elizabeth Warren and her goons away from your Bitcoin.\u201d Trump further promised his audience that he would never permit the establishment of a central bank digital currency.<\/p>\n

Robert F. Kennedy Jr Issues Scathing Critique<\/h2>\n

On the other hand, Robert F. Kennedy Jr. lambasted Trump, accusing him of failing to deliver on key promises and instead advancing policies that benefited the wealthy and powerful. \u201cPresident Trump scammed American workers,\u201d Kennedy asserted. Moreover, he highlighted unfulfilled promises to \u201cbring back manufacturing, raise wages, fix trade deals, close the carried interest loophole, and help small farmers.\u201d<\/p>\n

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Kennedy, another pro-crypto presidential candidate, argued that Trump\u2019s achievements primarily aligned with the Republican establishment\u2019s interests. \u201cWe got a tax cut for Jeff Bezos, deregulation for special interests, and giveaways to agriculture conglomerates,\u201d he stated. This underscores the administration\u2019s favoritism towards big business.<\/p>\n

RFK Jr. also criticized Trump\u2019s appointments, noting his Interior Secretary was an \u201coil & gas lobbyist,\u201d the Defense Secretary a \u201cRaytheon lobbyist,\u201d and other key positions held by individuals with ties to major industries. Additionally, he pointed out that Trump\u2019s support for farmers disproportionately benefited \u201cBig Ag conglomerates\u201d rather than small farmers.<\/p>\n

Kennedy further condemned Trump\u2019s handling of domestic unrest and foreign policy, accusing him of inflaming racial tensions and exacerbating international conflicts. He also blamed Trump for the economic fallout from COVID-19 lockdowns and for worsening the opioid crisis. \u201cIf you think a second Trump term would be any different, you are engaging in wishful thinking,\u201d Kennedy concluded.<\/p>\n

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CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article. <\/p>\n<\/p><\/div>\n

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The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n

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Former U.S. President Donald Trump\u2019s on-chain cryptocurrency holdings have exceeded the $10 million mark. The surge was primarily driven by a significant rise in the value of the MAGA (TRUMP) meme coin. According to Trump\u2019s portfolio, he has invested over $7 million in the TRUMP coin. Donald Trump\u2019s Crypto Holdings As of this morning, Trump\u2019s […]<\/p>\n","protected":false},"author":2,"featured_media":252744,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-310872","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/310872","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=310872"}],"version-history":[{"count":3,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/310872\/revisions"}],"predecessor-version":[{"id":310876,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/310872\/revisions\/310876"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/252744"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=310872"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=310872"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=310872"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}