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Donald Trump Memecoin Jumps 15,000% – Here’s How Much the Former President Holds

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Donald Trump Memecoin Jumps 15,000% – Here’s How Much the Former President Holds

donald trump

In a nutshell

  • Donald Trump has made a 150x return from the MAGA (TRUMP) coin, a memecoin attached to his 2024 political race, netting more than $1M.
  • The resource’s expense varies with Trump’s political race achievement, with a 52% increment after his triumph in the New Hampshire primaries.
  • Trump as of late sold 1,000 ETH, accepted to be NFT deals continues, and contended he wouldn’t permit a national bank computerized money.

US official competitor Donald Trump has made a 150x return from a memecoin riding his 2024 political race achievement. The MAGA (TRUMP) mint piece, a sign of approval for Trump’s ‘Make America Extraordinary Again’ expression, has gotten the previous president $1.2 million as he stands by to measure the ubiquity of his new NFT assortment.

The MAGA advancement group allegedly sent more than $7,100 worth of TRUMP to Donald Trump among August and October last year. The coins are not embraced by the previous US president.



Trump Crypto Coin Increases After Win

Arkham Intelligence, a blockchain intelligence platform, claims that on August 29, 2023, Trump received 469,000 TRUMP, or approximately $5,600. Close to two months after the fact, the previous president got $1,500 worth of the token.

About $2 million worth of cryptocurrency is currently stored in TRUMP’s wallet. The cost of TRUMP in November was around $0.19. It exchanges for $2.05 and has a market capitalization of more than $85 million.

The symbolic’s value seems to rise and fall on Trump’s political race achievement. Following the presidential candidate’s victory over Republican opponent Nikki Haley in the New Hampshire primaries yesterday, the asset has increased by over 52% in just the last 24 hours.

The success implies that Trump has made areas of strength for a to getting a conservative selection for the overall races in November. He was sure about a pre-political decision discourse on Monday.

“They’re going to all vote for me again. I’m not sure we need too many. I’m not sure. I think that [US President Joe] Biden is the worst president in the history of this country. But we’re going to all come back. They’re all coming back. And I think you see that.”







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Trump Hates Crypto and CBDCs But Supports NFTs

At a political social event on Monday night, that’s what the previous president said assuming he became president, he could never permit a national bank computerized money (CBDC). He credited previous conservative competitor Vivek Ramaswamy, who was the main favorable to crypto contender to draft a crypto structure, for featuring the risks of a CBDC. Ramaswamy has exited the race yet has given Trump his full sponsorship.

Last week, Trump purportedly sold 1,000 ETH, which was accepted to be continues from the deals of his NFTs. A new “Mugshot Version” NFT assortment was uncovered as of late, with 200 special exchanging cards. The proprietor of 100 cards will become qualified to get a Bitcoin Ordinals engraving.

Pieces in the NFT assortment can’t be exchanged until December 2024. As opposed to the TRUMP memecoin, the NFTs have no relationship with Trump’s political mission.





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