Donald Trump Holds $500K in Crypto: Get Ready for a Wild Ride!

Donald Trump Holds $500K in Crypto: Get Ready for a Wild Ride!

• Donald Trump holds between $250,000 to $500,000 in digital assets.
• This was revealed in a financial filing submitted to the Office of Government Ethics (OGE).
• The ex-President has released trading cards and other digital art that have been successful with sales.

Donald Trump Holds Digital Assets

Former US President Donald Trump holds around $500,000 in digital assets according to a new financial filing submitted to the Office of Government Ethics (OGE). The filing showed a list of assets from various sources belonging to the ex-President including a “Cryptocurrency Wallet (Ethereum)” valued between $250k to $500k.

Trump’s Trading Cards

In December 2022, Trump released trading cards portraying him as an astronaut, cowboy and superhero for $99 each with sales kicking off amid his first indictment. These cards reportedly sold out within hours due to high demand. In April 2023, he rolled out another 47,000 trading cards which sold out within six hours for $4.7 million netting him approximately $298,000 in license fees.

Melania Trump’s Digital Art

Just like Donald Trump, Melania Trump also tested NFTs by creating digital art from popular NASA Apollo moon images which sold for $75 apiece.

Republican Crypto Battle Ahead

Top Republicans are declaring a bid to the White House in 2024 with digital assets being an issue amid the Biden administration’s harsh crypto proposals. Candidates like Florida Governor Ron DeSantis have always been a supporter of Bitcoin (BTC), while criticizing Central Bank Digital Currencies (CBDC), and recently promised to end the war President Biden declared on cryptocurrencies.

Conclusion

Overall Donald Trump’s foray into digital assets has been successful and could be indicative of how cryptocurrencies and NFTs will shape up during future political battles across America

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