Former US President Donald Trump, known for his colorful career, has taken an unexpected interest in cryptocurrencies. According to a recent statement from the United States Office of Government Ethics, Trump owns up to $500,000. This is in a specific digital wallet associated with the Ethereum cryptocurrency. This is huge news for the Bitcoin community since it demonstrates that even major public people are interested in blockchain technology.
Despite his previous reservations about digital currencies, Donald Trump shocked many by introducing something akin to an NFT Series last year. This is built on smart contract technology, which allows Non-Fungible Tokens (NFTs) to exist.
These NFT cards with photographs of him are incredibly distinctive, which has prompted them to become extremely popular. They immediately sold out, and only a small number of people were able to obtain them.
He issued another set of these digital cards a few months ago, but the buzz wasn’t as intense. People were still intrigued, but not to the same extent as they had been previously. He made between $500,000 and $1 million from this transaction.
Trump is gaining popularity not only for his political intentions but also for his cryptocurrency maneuvers. It’s intriguing because he used to dislike cryptocurrency. However, he is already polling ahead of other Republican contenders and has a hoard of digital money in his Ethereum wallet. This will ideally encourage many more individuals to test digital currencies and possibly promote new DeFi projects to emerge on the landscape.
NEWS: 🚨💰According to a recent statement from the US Office of Government Ethics, #Trump owns up to $500,000 in crypto.
— Walletor (@walletorapp) August 14, 2023
This move may persuade more prominent political people to support cryptocurrency. As a result, implementing regulations and allowing them to thrive within the country.
Finally, the former president is dabbling in Bitcoin, with a hoard of up to $500,000 in a digital wallet. This follows his unexpected success with NFT cards showcasing his own images. It’s a brand-new chapter for Trump, and it’s fascinating to watch how he navigates the digital terrain.