When you hear the words 'Trump' and 'cryptocurrency' together, it might feel a bit strange. After all, the former president has publicly criticized Bitcoin multiple times, calling it 'likely a scam' and even referring to it as 'a bubble threatening the dollar.' But reality is always more dramatic than the story — the latest data shows that the President-elect of the United States, Donald Trump, holds over $5.4 million in cryptocurrency. Moreover, his portfolio surprisingly does not include Bitcoin!
According to reports, Trump's crypto assets are primarily concentrated in Ethereum (ETH), making him the person with the most cryptocurrency holdings in U.S. presidential history. Not only that, some unverified reports suggest that Trump's crypto assets could be as high as $5.6 million, with Ethereum dominating the portfolio.
This news quickly ignited market enthusiasm. Some joked that Trump might be secretly vying for the title of 'Ethereum President' rather than just being the 'President of the United States.'
According to publicly disclosed information, these cryptocurrencies may initially be related to a digital trading card project under Trump. The project received a warm market response after its launch, and Trump likely took this opportunity to accumulate a large amount of Ethereum assets. Although he had a critical attitude towards cryptocurrency during his term, he is now clearly showing through his actions that his stance on digital assets has significantly 'turned.'
Although Trump has not publicly explained his investment logic, this news brings a new 'tech halo' to his political career. After all, in a technology-driven new era, a leader familiar with blockchain and crypto technology can undoubtedly attract the attention of young voters.
As the first U.S. president to publicly own cryptocurrency, Trump's holdings undoubtedly bring a 'stamp of approval' effect to the cryptocurrency industry. This news may prompt more traditional investors to reassess the value of cryptocurrencies. Especially Ethereum, which may attract more attention and investment in the near future due to its association with the 'Trump label.'
Additionally, Trump's change in attitude towards cryptocurrency may reflect a larger shift in the regulatory environment. What was once seen as a 'bubble threat' has now become his 'investment darling,' raising speculation about whether the U.S. will accelerate its development in the digital currency space in the coming years.
While we don't know if Trump truly 'understands' the smart contract mechanism of Ethereum, it is undeniable that he still has a keen sense for investments. Choosing Ethereum as his largest holding may not be a coincidence. It is not only the second-largest cryptocurrency in the world but also supports innovative areas like DeFi (decentralized finance) and NFTs, making it an important part of the digital economy.
The news of Trump holding Ethereum reminds us again: cryptocurrency is not just a game for young people; even the President of the United States is investing in it! Whether you are a staunch believer in the crypto world or skeptical about the crypto space, this fact indicates that blockchain technology is permeating mainstream visibility in an undeniable way.
Of course, if Trump can promote more policies favorable to the cryptocurrency industry during his second term, it would not only be about 'increasing the value of his investments,' but also injecting 'policy dividends' into the entire industry!
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