Former President Donald Trump's crypto wallet now holds around $10 million, mostly in $TRUMP coin and Ethereum, with no Bitcoin.
Trump's Crypto Portfolio
- **$TRUMP Coin:** Valued at $7.3 million.
- **Ethereum ($ETH ):** Over 463 ETH, valued at approximately $1.8 million.
- **Surge in Value:** The $TRUMP coin, based on ($SOL ) Solana, has risen 10% in the last 24 hours, pushing its price to $12.
Pro-Crypto Stance and Political Promises
Trump has shifted from a skeptical view of Bitcoin in 2019 to a supportive stance on cryptocurrency. On the campaign trail, he advocates for pro-crypto policies and criticizes current U.S. hostility towards the industry.
"Crypto is moving out of the U.S. because of hostility toward it. I don’t want that. If we are going to embrace it, we will have to let them be here," Trump said at a recent rally.
Support for Ross Ulbricht
At the Libertarian National Convention, despite a hostile reception, Trump promised on Truth Social to commute the sentence of Silk Road founder Ross Ulbricht if elected. Ulbricht, who used Bitcoin for illegal transactions on Silk Road, is serving two life sentences without parole.