Donald Trump Declares Himself 'Crypto President' with $32M Crypto Holdings at San Francisco Fundraiser

Jun 7, 2024, 06:44 PM

Former President Donald Trump has positioned himself as a strong advocate for cryptocurrency, declaring himself the 'crypto president' at a recent San Francisco tech fundraiser. Trump's crypto holdings have reportedly reached $32 million, largely due to the airdrop of the $TROG (Trump Frog) meme coin, making him the U.S. politician with the largest crypto portfolio. He owns over 50% of the TROG memecoin, making him the largest holder. This stance contrasts sharply with the Biden administration's regulatory approach towards the crypto industry. Trump's declaration and substantial crypto assets have sparked discussions about the potential impact on the 2024 presidential election, with some suggesting that Biden's regulatory stance may push crypto supporters towards Trump.