Discover how Donald Trump accumulated $802 million in digital assets through the launch of a meme coin. Learn about the financial risks and rewards of investing in digital currencies.
According to Conor Grogan, the manager of Coinbase, Donald Trump, the US President, has collected $802 million in digital assets since the launch of Trump meme coin in the past two weeks. More than half of these assets, including $482 million USDC, Solana, and Trump meme coin, have been transferred to exchanges. The Trump team still holds $16 billion Trump meme coins, the profits of which have not been calculated. Despite the official Trump meme coin value falling below $20, analysts believe this phenomenon demonstrates the unpredictable nature of investing in digital currencies and the associated financial risks.