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Trump Coin Hits All-Time High

Liputan6.com, Jakarta The digital currency named after Donald Trump has experienced significant increases over the past year. On May 26, meme coin maga (TRUMP) surged 31.7 percent against the US dollar in the last 24 hours.

In the last two weeks, TRUMP increased by 80.5 percent, and over the last month it increased by 113.2 percent.

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This significant increase occurred after Trump's speech at the Libertarian National Convention. Additionally, 12-month metrics show TRUMP's astounding 98,352.40 percent gain against the dollar. TRUMP token hit its all-time high (ATH) on May 26, reaching USD 11.81 per coin. Since then TRUMP has fallen 0.8 percent from ATH.

According to Bitcoin.com, Tuesday (28/5/2024), Trump holds 579,290 TRUMP worth USD 6.69 million. Apart from that, he is known to have deposits sent to the former President's wallet amounting to USD 1.6 million in the last day. It will be interesting to see how these presidential coins perform over time and leading up to the election.

While the TRUMP token rose more than 30 percent, geo (BODEN), the token named after President Joe Biden, fell 4.5 percent. Another meme coin associated with Trump's campaign branding, maga hat (MAGA), is up 80 percent over the past day.

Trump has profited from many crypto projects over the past few years and has accepted crypto as payment. Trump started earning crypto as royalties from the non-fungible token (NFT) collection Trump Digital Trading Cards, which used his name to sell 45,000 NFTs for USD 99 each.

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Trump has earned more than 1,700 Ethereum (ETH) from the project. He sold 1,075 tokens at the end of 2023 to generate revenue of USD 2.4 million.

Trump Coin Hits All-Time High

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