GOP leader and Billionaire businessman Donald Trump is the first sitting US President to hold meme coins.
Internet money may be magical, but the President has some.
Once he was sworn in as the 47th President of the United States, Donald Trump was the only US leader in history with a dog meme.
Arkham reported about $8 million worth of meme coins in Donald Trump's crypto wallet. The White House returnee holds $5.5 million of TROG tokens, $1.5 million of TRUMP memes, 1.3 billion GUA coins worth nearly $400,000, and $167,000 TRUMPIUS.
Donald Trump used to be a crypto skeptic. That changed in 2024 when the Republican President publicly endorsed Bitcoin (BTC) and promised to protect the right to Bitcoin.
The tycoon launched non-fungible tokens on the Ethereum network, benefiting from thousands of dollars in Ether (ETH) from NFTs. His wallet held 496.77 ETH, worth about $1.6 million by the time of publication.
Many expect and hope that the Trump administration will introduce a clear digital asset management system. Donald Trump's nominees are Paul Atkins for SEC chairman and similar positions crypto czar David Sacks suggests how a crypto-based approach is done.
Reportedly, so are business leaders given to Trump's inauguration and lobbying him to sign an executive order within his first 100 days in office. The requested order would create a US Bitcoin reserve.
