Donald Trump’s Wallet Erases $3M Deficit as MAGA Coin Resurges
- Donald Trump-encrusted MAGA memecoin soared by 33.3% over the past seven days.
- Trump’s crypto wallet rebounds after suffering a $3M unrealized loss in early April.
- A revamped version of Trump Cards with Ordinals imposes a one-year trading limit.
Donald Trump is well-known in the cryptosphere for several interesting ventures. Last December, the controversial entrepreneur and former President of the United States cashed out $2.5 million from the revenue of non-fungible token (NFT) collections. This year, the impact of a memecoin resurgence has been reflected in Trump’s wallet.
Trump-embossed MAGA Coin’s Rollercoaster Ride
Introduced in one of Donald’s “major announcements,” Trump Cards skyrocketed to 0.675 Ether (ETH) on February 13, 2023, converting to $2,398 per single card. Since then, the relaunched Trump NFT series, appropriately known as TRUMP, has not garnered as much attention as the initial digital collectible offering.
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However, the memecoin-led Spring rally brought the later TRUMP tokens to a new all-time high of $11.63 on March 4, 2024, and Donald’s on-chain address soared to a net worth of $8.6 million.
Disclaimer: Includes third-party opinions. No financial advice. See Risk Warning.
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