Former US President Donald Trump has revealed that he owns Ethereum (ETH) coins worth between one million and five million dollars, in addition to making large profits from licensing fees related to non-fungible tokens (NFT), according to recent election disclosure reports.
According to the disclosures, the exact value of Trump’s Ethereum coins has not been determined, but Arkham Intelligence estimates that his wallet contains about $3.6 million. Trump made nearly $7.15 million from a licensing agreement with NFT INT, while former first lady Melania Trump recorded $330,609 in income from NFT sales.
OpenSea data indicates that Trump’s digital cards have traded more than 15,808 ETH since their launch. Trump also announced in July his intention to introduce a new set of non-fungible tokens (NFT).
Despite his previous support for cryptocurrencies, Trump did not address the subject of cryptocurrencies in an interview he gave on platform X with Elon Musk, nor did he address it during a recent press conference in which he focused on other topics related to his election campaign. On the other hand, the Trump Organization recently announced its intention to launch a new initiative related to cryptocurrencies, CoinDesk reported.
Read also:Delisting and delisting from Binance of 6 cryptocurrencies leads to a violent landing
What stock should you buy in your next trade?
The computing forces of artificial intelligence are changing the stock market. ProPicks from Investing.com are 6 winning stock portfolios chosen by our advanced AI. In 2024 alone, ProPicks’ AI identified two stocks that jumped more than 150%, 4 more that jumped more than 30%, and another 3 stocks that jumped more than 25%. What is the arrow with the next jump?