According to on-chain data from Arkham Intelligence, former U.S. President and 2024 candidate Donald Trump's digital asset portfolio has surged to $5.38 million, with the namesake TRUMP (MAGA) token contributing over half of the value. Despite Trump's previous neutral stance on bitcoin, his entry into crypto via NFT collections has built a substantial digital wealth.
TRUMP Token Skyrockets 44,309%
Trump's stash of 579,281 TRUMP tokens is currently worth approximately $2.98 million, gifted by the project developers. As of Feb. 24, TRUMP trades between $4.75 and $5.19, reaching an all-time high of $5.19. This represents a staggering 44,309% increase from its low of $0.01136 on Oct. 14, 2023. The token has a capped supply of 47 million, with 46,502,515 in circulation, held across 8,233 wallets and transferred 151,853 times.
Diversified Crypto Holdings
Beyond TRUMP, Trump holds 340.531 ETH (over $1 million), 368.342 WETH (also over $1 million), and 950,000 BABYTRUMP tokens (worth about $275,000). His total crypto portfolio is valued at $5.38 million. Trump is the 15th largest TRUMP holder, while the top 100 addresses control 63.76% of the supply. The Wrapped Token Bridge is the largest holder.
Legal Issues and Future Plans
The Trump family previously considered legal action against a project called “Trumpcoin” for unauthorized use of the family name. The TRUMP token developers later responded. Whether Trump will sell his TRUMP tokens remains uncertain. He has also earned royalties from NFT collections like the “Mugshot Edition” and plans to launch Bitcoin Ordinals-based inscription cards. The surge in his crypto wealth is largely driven by speculative demand for his namesake token, but his long-term holding strategy is still unclear.