Republican chief and billionaire businessman Donald Trump turns into the primary sitting US president to personal a meme coin.
It might be magical web cash, however the president has some.
When Donald Trump is sworn in because the forty seventh President of the USA, he’ll develop into the one sitting US chief in historical past to personal meme cash.
arkham reported Donald Trump has roughly $8 million price of meme cash saved in his cryptocurrency pockets. The White Home returnee owns $5.5 million in TROG tokens, $1.5 million in TRUMP memes, 1.3 billion GUA cash price about $400,000, and $167,000 in TRUMPIUS.
Donald Trump was as soon as a cryptocurrency skeptic. Issues modified in 2024 when a Republican president publicly supported Bitcoin (BTC) and promised to guard the proper to personal Bitcoin.
The tycoon launched a non-fungible token on the Ethereum community and made hundreds of {dollars} in Ether (ETH) from NFTs. His pockets contained 496.77 ETH, price about $1.6 million on the time of publication.
Many hope and count on that the Trump administration will introduce a transparent digital asset regulatory regime. Donald Trump’s nominees for SEC chairman, equivalent to Paul Atkins, and appointments equivalent to crypto czar David Sachs sign the creation of a crypto-focused method.
Trade leaders additionally reportedly donated to President Trump’s inauguration and inspired him to signal an government order inside his first 100 days. The requested order creates the US Bitcoin Reserve.
