Balaji Srinivasan, former CTO of Coinbase, has suggested a groundbreaking idea in the crypto and political sphere. He proposed that Donald Trump distribute TRUMP tokens to every U.S. citizen or, more specifically, to all 77 million Trump voters. Srinivasan shared his vision on X (formerly Twitter), highlighting how such an initiative could redefine political campaigns and strengthen Trump’s influence.
Srinivasan explained that Trump could allocate $100 worth of TRUMP tokens to each supporter, amounting to $7.7 billion. At the current token valuation, this airdrop could create a direct connection between Trump and his voter base. He added that even offering $500 per individual would leave Trump with over $20 billion in remaining assets.
Trump’s Crypto Holdings and Their Implications
Srinivasan also highlighted a significant change in the trend of Trump’s wealth. Given the increase in TRUMP token value, most of Trump’s net worth, which is estimated at $59 billion, is now in cryptocurrency.
He pointed out that this is similar to the initial phase of investment in Bitcoin and Ethereum where their values were much higher than other assets. According to Srinivasan, billions of people may experience a similar diminution of the value of their fiat holdings as digital assets continue to rise.
The former CTO of Coinbase also stated that the portfolio of Trump filled with cryptos may push him to support pro-crypto regulations. They will be in line with Trump’s personal agenda and foster the use of digital assets across the society.
Crypto analyst Conor Grogan also provided a sense of the potential future value of TRUMP tokens and what this means for Donald Trump’s net worth. In his analysis, Grogan said that if TRUMP is currently trading at $70 the President is estimated to hold over $59 billion worth of the token.
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This enormous crypto position makes Trump one of the richest persons worldwide with an opportunity to increase his worth based on the value of this token.
He discussed certain price markers which, if reached, would push Trump further up the list of the world’s richest people. If TRUMP gets to $118, Trump’s net worth will be greater than Michael Bloomberg. At $145, he would overtake Bill Gates, one of the world’s most popular technical tycoons.
At a token valuation of $203, Trump’s net worth would exceed that of Mark Zuckerberg putting him among the world’s richest people. An increase to $225 would put Trump on par with Elon Musk, one of the richest men globally. Last but not the least, if TRUMP tokens ever get to worth $270 then Trump will be the world’s richest man.
As Balaji Srinivasan continues to advocate for the Trump Airdrop Plan for U.S. citizens, Donald Trump’s memecoin, $TRUMP, experienced a dramatic rise before crashing 40% following the launch of Melania Trump’s $MELANIA coin. The $MELANIA token surged to an impressive $5 billion market capitalization, causing a significant shift in the cryptocurrency market dynamics.
At press time, TRUMP token is trading at $58.59 at the moment, which is 22.97% higher than its 24 hour low of $37.94.
1-day TRUMP trading chart| source Coinmarketcap
The token traded as high as $70 during the trading session before pulling back to its current price.
Source: https://www.thecoinrepublic.com/2025/01/22/former-coinbase-cto-balaji-srinivasan-proposes-trump-airdrop-plan-for-u-s-citizens/