{"id":10093,"date":"2024-01-24T17:05:04","date_gmt":"2024-01-24T15:05:04","guid":{"rendered":"https:\/\/forklog.com\/en\/donald-trumps-trump-memecoin-holdings-exceed-1-million\/"},"modified":"2024-01-24T17:05:04","modified_gmt":"2024-01-24T15:05:04","slug":"donald-trumps-trump-memecoin-holdings-exceed-1-million","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/donald-trumps-trump-memecoin-holdings-exceed-1-million\/","title":{"rendered":"Donald Trump&#8217;s TRUMP Memecoin Holdings Exceed $1 Million"},"content":{"rendered":"<p>The value of 579,281 TRUMP memecoins held in the wallet of former U.S. President Donald Trump has surpassed $1 million, following a roughly fivefold increase in January, according to Arkham Intelligence.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">Donald Trump makes $1M on TRUMP Memecoin<\/p>\n<p>Donald Trump\u2019s holdings of TRUMP have just passed $1M. <\/p>\n<p>He originally received $7.1K of TRUMP from the TRUMP team between August-October 2023, which is now worth over $1.07M.<\/p>\n<p>That\u2019s 150x. <a href=\"https:\/\/t.co\/u1Em8xReUl\">pic.twitter.com\/u1Em8xReUl<\/a><\/p>\n<p>\u2014 Arkham (@ArkhamIntel) <a href=\"https:\/\/twitter.com\/ArkhamIntel\/status\/1749441406966374809?ref_src=twsrc%5Etfw\">January 22, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The team behind the memecoin transferred the tokens to the politician&#8217;s address in several tranches between August and October 2023. At that time, the assets were valued at $7,100. With the current token price around $2, their value is approximately $1.15 million\u2014a more than 165-fold increase from the initial valuation.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"308\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/TRUMP_2024-01-24_16-00-39-1024x308.png\" alt=\"TRUMP_2024-01-24_16-00-39\" class=\"wp-image-224599\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/TRUMP_2024-01-24_16-00-39-1024x308.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/TRUMP_2024-01-24_16-00-39-300x90.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/TRUMP_2024-01-24_16-00-39-768x231.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/TRUMP_2024-01-24_16-00-39.png 1285w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Data: <a href=\"https:\/\/www.geckoterminal.com\/eth\/pools\/0xe4b8583ccb95b25737c016ac88e539d0605949e8?utm_source=coingecko&#038;utm_medium=referral&#038;utm_campaign=searchresults\">GeckoTerminal<\/a>.<\/figcaption><\/figure>\n<p>Arkham analysts identified the wallet as belonging to Trump on August 16. They linked the address to proceeds from the sale of NFTs from the former president&#8217;s collection and his financial report on owned crypto assets.<\/p>\n<p>On August 19, the wallet received an initial transfer of 469,901 TRUMP, valued at approximately $5,600.<\/p>\n<p>According to the analytical platform, Trump&#8217;s address holds cryptocurrencies totaling $2.65 million. In December, 1,075 ETH (~$2.4 million at the time) were withdrawn from it for sale.\u00a0<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-eu.googleusercontent.com\/PAXsL4EviFwnA-pH5MnbhZxagY5ofYpCgf9AWjdwFIgG-nd-6IhvHx3V0LKW6lB1wzG-pQZyHtqgu28M0BqtR2YFGEY7L_hsmvlgnHrUw_T0fUHwWeJSj9MNVri-J1Zubz4FsnIOJb4xn6q7DxEYz38\" alt=\"Donald Trump's TRUMP Memecoin Holdings Exceed $1 Million\"\/><figcaption class=\"wp-element-caption\">Data: <a href=\"https:\/\/platform.arkhamintelligence.com\/explorer\/entity\/donald-trump\">Arkham Intelligence<\/a>.<\/figcaption><\/figure>\n<p>In December, Trump released another series of NFTs, now featuring his prison photo.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The value of 579,281 TRUMP memecoins held in the wallet of former U.S. President Donald Trump has surpassed $1 million, following a roughly fivefold increase in January, according to Arkham Intelligence. Donald Trump makes $1M on TRUMP Memecoin Donald Trump\u2019s holdings of TRUMP have just passed $1M. He originally received $7.1K of TRUMP from the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":10092,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[991,596],"class_list":["post-10093","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-donald-trump","tag-tokens"],"aioseo_notices":[],"amp_enabled":true,"views":"25","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/10093","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=10093"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/10093\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/10092"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=10093"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=10093"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=10093"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}