Recently, Donald Trump has been actively involving himself in the cryptocurrency space. He announced that his 2024 presidential campaign will accept cryptocurrency donations, including popular coins like Bitcoin and Ethereum, as well as meme coins such as Dogecoin and Shiba Inu.
This move aligns with his broader support for the crypto industry, where he has emphasized the need to retain cryptocurrency firms in the United States and indicated that his administration would be more welcoming to digital assets compared to President Biden's stance.
Additionally, Trump's personal investment in cryptocurrencies is substantial. He holds about $2.8 million in Ethereum and has made significant profits from his NFT ventures, earning nearly $5 million from various NFT collections.
His engagement with the crypto community includes hosting events at his Mar-a-Lago residence, further showcasing his endorsement of digital currencies .