Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Donald Trump: First Sitting U.S. President to HODL meme coins

Donald Trump: First Sitting U.S. President to HODL meme coins

Crypto.NewsCrypto.News2025/01/09 16:00
By:By Naga Avan-NomayoEdited by Jayson Derrick

GOP leader and Billionaire businessman Donald Trump will be the first sitting U.S. President to hold meme coins.

Magic internet money maybe, but the President has some. 

Once sworn in as the 47th President of the United States, Donald Trump would be the only sitting U.S. leader in history with meme coin holdings.

Arkham reported roughly $8 million worth of meme coins in Donald Trump’s crypto wallet. The White House returnee holds $5.5 million of TROG tokens, $1.5 million of a TRUMP meme, 1.3 billion GUA coins valued at almost $400,000, and $167,000 TRUMPIUS.

DONALD J. TRUMP WILL BE THE FIRST SITTING US PRESIDENT TO HOLD MEMECOINS pic.twitter.com/ODlNXDaKIT

— Arkham (@arkham) January 10, 2025

Donald Trump used to be a crypto skeptic. That changed in 2024 when the Republican President publicly supported Bitcoin ( BTC ) and pledged to defend the right to own Bitcoin.

The tycoon launched non-fungible tokens on Ethereum’s network, profiting thousands of dollars in Ether ( ETH ) from NFTs. His wallet held 496.77 ETH, worth about $1.6 million by publishing time.

Many expect and hope Trump’s administration will usher in a clear digital asset regulatory regime. Donald Trump’s nominees like Paul Atkins for SEC chair and appointments such as crypto czar David Sacks suggest the makings of a crypto-focused approach.

Industry leaders also reportedly donated to Trump’s inauguration and lobbied him to sign an executive order within his first 100 days in office. The requested order would create a U.S. Bitcoin reserve.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!