- Donald Trump’s memecoin holdings recently doubled to surpass the $20 million mark.
- TROG developer team airdropped half of the token’s total supply to Trump.
- Besides TROG, Trump holds TRUMP, ETH, WETH, MVP, and CONAN.
According to the blockchain analytics platform, Arkham Intelligence, Donald Trump’s memecoin holdings recently more than doubled to surpass the $20 million mark. Arkham Intelligence noted that a recent airdrop triggered the surge, with Trump potentially unaware of receiving such tokens.
Donald Trump’s memecoin holdings have just doubled, to over $20M.Donald Trump was airdropped half of the TROG supply by their developer team a few days ago. It has now been priced on Arkham, with a market value of over $12M.
However, with this much of the supply, it is… pic.twitter.com/mOjRMdUQ1u
— Arkham (@ArkhamIntel) June 4, 2024
Arkham Intelligence, in an X post, noted that the TROG developer team airdropped half of the token’s total supply to Trump. After analysis, the intelligence platform confirmed the airdrop’s market value to be $12 million. However, Arkham noted Trump might not sell the tokens for market value, considering their potentia…
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