A Presidential Disaster: Trump MAGA Coin Crashes 60% In Crypto Catastrophe

A Presidential Disaster: Trump MAGA Coin Crashes 60% In Crypto Catastrophe
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Former President Donald Trump’s foray into the world of cryptocurrency has been met with both triumph and turbulence. Recent reports reveal that Trump has made millions from his crypto investments, yet the heightened volatility in the crypto markets has taken a toll on his portfolio.
Trump’s Crypto Windfall
It all began when Trump’s name, image, and likeness were utilized in a non-fungible token (NFT) project called Trump Digital Trading Cards. These unique digital collectibles, priced at $99 each, swiftly gained traction and sold a staggering 45,000 units in December 2022.
Since then, Trump has been receiving royalties on trading volumes, accumulating over 1,800 Ethereum (ETH) and Wrapped Ethereum (WETH) tokens, data from Arkham Intelligence shows.

Unexpected Crypto Journey
As the crypto landscape continued to evolve, Trump’s crypto journey took an unforeseen turn. In the summer of 2023, Trump became the recipient of a considerable number of MAGA Coin (TRUMP) tok

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