How Much Did Donald Trump's Crypto Portfolio Pump After He Said He's 'Fine With It'?
Portfolio Pulse from Murtuza Merchant
Donald Trump's cryptocurrency portfolio experienced a significant increase of $1.3 million in a single day, reaching a total value of $6.581 million, following a pro-crypto speech. His portfolio includes MAGA, Ethereum, Wrapped Ethereum, BABYTRUMP, and Polygon tokens. Trump's speech, advocating for crypto donations to his campaign, has notably influenced the rally in election-related meme coins and highlighted the intersection of politics and cryptocurrency markets.
May 09, 2024 | 5:00 pm
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Donald Trump owns 418.655 Ethereum and 374.5 Wrapped Ethereum, contributing to his portfolio's value. His pro-crypto speech has positively influenced the crypto market, including Ethereum.
Trump's endorsement of cryptocurrency, including his ownership of Ethereum and Wrapped Ethereum, has likely contributed to a positive sentiment in the crypto market. Given his influence, this endorsement could lead to increased interest and investment in Ethereum in the short term.
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