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Still dare to curse Ethercoin? Data reveals Trump's encryption assets, he has quietly hoarded a lot of ETH!
From villain to encryptioncoinhardcore fan: Trump's amazing transformation
Once a critic of Cryptocurrency, Trump has now become a Large Investor in encryption assets. According to the latest data from Arkham Intelligence, Trump currently holds about 9.406 million yuan in encryption assets, and his investment portfolio is impressive. Ethercoin has become his most eye-catching investment target, holding 495.664 coins with a Market Cap of about 1.7 million yuan. In addition, he also holds a whopping 478.787 wrapped Ether ($WETH) on-chain from Polygon, contributing assets worth about 1.64 million yuan.
Image source: Arkham Intelligence Trump's holdings of encryption assets
Looking back on 2019, Trump publicly criticized BTC as "not real currency" and viewed it as a haven for criminal activity. At the time, he heavily praised the US dollar, insisting that "the United States only has one real currency." His administration not only verbally attacked Cryptocurrency, but also took legal action to crack down on the digital asset market, including taking a tough stance on encryption companies like Ripple. The Securities and Exchange Commission (SEC) tightened its policies on digital assets at the time, to which Trump remained noncommittal.
However, in just a few years, Trump has not only changed his attitude, but also become an active promoter of the Cryptocurrency camp. His investment portfolio includes not only Ethercoin, but also more than 570,000 $TRUMP Tokens, with a Market Cap of about 1 million dollars, as well as various Tokens such as $TROG, $GUA, $TUA, demonstrating a comprehensive layout in the encryption world.
Encryption asset portfolio: Unexpected investment landscape
Trump's encryption asset portfolio is unexpectedly rich. In addition to Ethercoin and $WETH, his most eye-catching investment is $TROG meme coin, holding 21 billion coins, with a Market Cap of about 1.86 million yuan, even exceeding his investment in Ethercoin. Interestingly, his Wallet names are quite personalized, including loveyoutrump.eth, hi.donaldtrump2024.eth, and 16 other unique Ethereum names.
Currently, Trump has become an important proponent of the cryptocurrency camp. He not only promises to support domestic Bitcoin mining in the United States, but also plans to establish the first "Cryptocurrency Tsar" position in the White House. From the selection of Treasury Secretary Scott Bessent, known as the "most encryption-friendly Treasury Secretary" in history, to his positive attitude towards the encryption industry, Trump's cryptocurrency path can be described as a dramatic turn of events.
This series of actions not only demonstrates Trump's thorough transformation of attitude towards Crypto Assets, but also indicates a possible new policy era for the encryption industry in the United States. From a former critic to a current supporter, Trump has proven by action that in the world of encryption, one should never say "no".
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[Disclaimer] The market is risky, and investment should be cautious. This article does not constitute investment advice, and users should consider whether any opinions, perspectives, or conclusions in this article are suitable for their specific situation. Invest at your own risk.
'Still dare to curse Ethercoin? Data reveals Trump's assets in encryption, and he has quietly hoarded a lot of ETH!' This article was first published in 'encryption City'