US President-elect Donald Trump has drawn attention in the crypto industry with his major change in approach to cryptocurrencies. This change was a major factor in Trump’s victory in the presidential election; as his views on crypto regulations, promises to dismiss SEC Chairman Gary Gensler, and similar statements increased investors’ confidence in him. Trump’s crypto portfolio has also strengthened investors’ confidence. Since August, the value of his portfolio has tripled, generating millions of dollars in profits. Trump’s altcoin project World Liberty Financial is also attracting great attention; recently, Justin Sun invested $30 million in TRON projects, becoming one of the largest shareholders in the project.
Donald Trump's Altcoin Portfolio Tripled in Three Months
According to the Arkhan intelligence report published in August 2024, Donald Trump diversified his crypto assets with six major cryptocurrencies and many low-value meme coins, increasing the value of his portfolio to $ 3.6 million. Today, the value of the same portfolio has increased significantly, reaching $ 9.4 million. As a figure preparing to become the 47th President, Trump has held most crypto assets since August, but the amount of altcoin projects has changed. Today, his portfolio includes TROG ($ 3.71 million), ETH ($ 1.70 million), WETH ($ 1.64 million), TRUMP ($ 1.07 million), GUA ($ 740.48 thousand), USDC ($ 138.65 thousand), CZAR ($ 69.41 thousand), TUA ($ 55.32 thousand) and hundreds of other cryptos.
No Bitcoin in Portfolio
Another striking element in Trump’s portfolio is that he does not own Bitcoin. Trump, who frequently talks about Bitcoin in his campaigns, has not invested in Bitcoin despite attending blockchain conferences where he discussed BTC. This is particularly surprising because Bitcoin has been on a major rise recently, and experts predict that the price of BTC could soon reach $100,000. In fact, Bitcoin reached a peak of $99.6,000 just three days ago. The crypto market has grown over time, and with millions of tokens traded, investors continue to build their portfolios with the increase in token prices. Donald Trump’s crypto assets have also grown significantly in the last three months.
Cryptocurrencies on the Rise
The biggest reason for the growth in Trump’s crypto portfolio is the bull market and ongoing rally that is currently dominant in the crypto market. The sentiment among users has reached the level of “extreme greed” and the global market value has increased to $3.27 trillion. Almost every crypto asset, including Trump’s portfolio, continues to make gains. Trump’s biggest investments include TROG ($3.71 million), ETH ($1.70 million), and WETH ($1.64 million). In particular, the price of TROG has increased by 1060% in the last 24 hours. On the other hand, Ethereum and WETH have also gained 40% in the last month. These investments explain why the value of Trump’s crypto portfolio has increased so much.
Trump’s portfolio also includes some of the meme coins that are in constant demand. PEPE, CAT, TRUMP-themed tokens and other popular coins help increase the value of the portfolio. In addition, cryptocurrencies such as Ethereum, WETH and BNB, which provide more stable returns in the long term, are also included in the portfolio.