đ° $7M Earned, $5M Held - Trump Cashes In on Crypto and NFTs
Donald Trump has made a significant financial splash in the crypto world. Recent financial disclosures reveal that Trump holds between $1 million and $5 million in Ethereum-based assets. Even more impressively, heâs raked in over $7.15 million from his NFT ventures.
Trumpâs NFT collections, including the âMugshotâ project and two series of Donald Trump Trading Cards, have proven to be lucrative, earning him over $7 million. With the success of these projects, Trump has hinted at launching a fourth NFT series, stating that âthe people wantâ more.
On August 1, Trump also ventured into the world of digital collectibles with a limited edition of âofficial crypto-sneakers.â These orange high-tops sold out in just a few hours, despite a hefty price tag of $499.
Blockchain analytics from Arkham Intelligence suggest that Trumpâs Ethereum-based crypto holdings peaked at $18 million in June, driven by a rally in a MAGA-themed memecoin dubbed âTRUMP.â Although not officially linked to Trump, this memecoin contributed to a temporary surge in his crypto assets.
Trumpâs financial disclosure also shows earnings from more traditional ventures, including $300,000 from selling branded Bibles and a combined $216 million from his Mar-a-Lago resort and golf course in Doral, Florida.
đ Whatâs Next?
With his eye on the 2024 presidential race, Trump has embraced a pro-crypto stance, pledging to make the U.S. the âcrypto capital of the world.â His evolving views on digital assets could shape the future of the crypto landscape in the United States.
As Trump continues to blend politics with digital finance, the question remains: how will his crypto fortunes influence his campaign and potential presidency?
Stay updated with @Professor Mende - Bonuz Ecosystem Founder
