Donald Trump, the U.S. President-elect, has made waves in the cryptocurrency space, with data showing his crypto portfolio is now heavily weighted toward the TROG token. According to Arkham Intelligence, as of December 12, Trump’s crypto holdings are valued at $8.1 million, with TROG emerging as the largest asset, representing 27% of his portfolio, or $2.2 million.
TROG has seen remarkable growth, with its value rising by $399,000 after a surge of 92.31% in just one week. This price increase helped boost the token’s market capitalization by 26%, bringing it to $4.67 million, with each token trading around $0.0000111.
In addition to TROG, Ethereum (ETH) is the second-largest asset in Trump’s portfolio. He holds 495.6 ETH, valued at $1.9 million. Ethereum’s price also saw a boost, rising 5.18% in the past 24 hours. Trump further diversifies his holdings with Wrapped Ethereum (WETH), a key token used in decentralized finance (DeFi) applications, worth $1.84 million, purchased at an average price of $3,837.
Other cryptocurrencies in Trump’s portfolio are worth less than $1 million, including TRUMP (valued at $996,000), GUA ($297,000), and USDC ($138,000).
TROG is a meme coin inspired by Donald Trump, with a total supply of 440 billion tokens. According to its official site, the token’s mission is to make a splash in the crypto world while delivering “ribbit-ing” returns to its community.
Related Topics:
