There are interesting developments in the cryptocurrency wallet of Donald Trump, the former president of the United States and also a candidate in the new presidential race.
As it is known, Donald Trump has his own NFT collection and the income he earns from it is transferred to his wallet as Ethereum.
At the time this article was written, Trump's cryptocurrency wallet contained $1.79 million worth of ETH. All of Trump's assets other than ETH, whose total portfolio is approximately $25 million, are tokens airdropped by altcoin developers against his will.
Until recently, the largest asset in Trump's cryptocurrency wallet was the TRUMP token, whose value has soared as politically themed altcoins gained popularity. However, recently, another altcoin has started to rise in Trump's portfolio, and there has been a significant increase in Trump's total assets.
Trump's memecoin holdings have nearly doubled in recent days, climbing above $20 million.
The name of the altcoin in question is TROG, and Trump currently has $12.61 million worth of tokens from this altcoin in his portfolio. Approximately half of TROG's total supply was airdropped to Trump by developers in the initial token distribution.
However, it does not seem possible for Trump to sell the TROG altcoins in question because Trump probably does not even know about this altcoin, in addition, it is unlikely that Trump, who owns half of the total supply, will sell these tokens at market value.
*This is not investment advice.