Donald Trump Holds Over $1M in Ether, Earns Millions in NFTs

Donald Trump, former President of the United States, has plunged into the crypto market and holds between $1 million and $5 million in Ethereum, as well as making millions in revenue from NFT rights deals. These were exposed in the recent election declaration, which showed the presidential candidate’s active participation in the digital asset ecosystem.

Donald Trump’s Ethereum Holdings

The latest disclosures of assets in the US elections reveal that Donald Trump holds between $1m to $5m worth of Ether. This investment has made him a key player in the Cryptocurrency market. Further details from the same Arkham Intelligence have also established that Trump’s Ethereum wallet is worth approximately $3.6 million which shows his investment in digital currencies.

Apart from his Ethereum investments, Trump has also benefited from the current NFTs hype. He is reported to have made over $7 million in a licensing deal with NFT INT. Whilst, the former first lady Melania Trump also entered the NFT market and generated $330,609 from the NFT sales.

Trump Family Involvement in Crypto Projects

The interest in cryptocurrencies is not limited to the former president only and seems to be growing. According to a Coingape report, Donald Trump Jr. has announced a new crypto and DeFi project and initiated a Telegram group to amplify it, which has attracted more than 11,000 members within a few days.

This new group is called “The Defiant Ones” and is supposed to assist the public gain a better understanding of what the family’s long-awaited project in crypto is about. 

Additionally, the sales data from OpenSea indicates that Trump’s digital projects are profitable as the Trump Digital Trading Cards have traded for more than 15,808 ETH. Trump has also teased the release of another NFT collection, indicating his continued interest in the digital asset space.

Community Reactions and Political Context

The cryptocurrency community has been keen on the participation of politicians in the digital currency space. Despite Trump publicly endorsing cryptocurrencies in the past, he did not speak about this particular investment when he recently spoke with Elon Musk at X Space or at a recent press conference where he discussed several issues concerning the campaign.

However, the presidential candidate’s crypto investments and his family connections with other crypto businesses are a positive sign for the growth of the digital sector.

On the other hand, other recent events, such as the “Crypto For Harris” town hall, drew sharp criticism; Tyler Winklevoss himself called it a “clown show”. These community responses frame the political engagement with crypto regulation and advocacy that continues to take a central place in contemporary political and economic discussions.

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Ronny M

Disclaimer: 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.