Donald Trump’s Crypto Portfolio Plummets Despite Market Rebound, Regulatory Optimism

• Donald Trump’s crypto fortune slumps despite a broad market rally and regulatory optimism.
• Donald Trump’s official memecoin remains deep in the red, with a private dinner for top holders failing to revive its price.
• The TRUMP token has shed more than $73 billion in market value since its all-time high.

Despite the positive regulatory outlook and a rebound market rally, Donald Trump’s crypto fortune has slumped further. Trump’s crypto portfolio comprises donated memecoins, Ethereum, and his official namesake memecoin, TRUMP.

Much of the decline stems from his memecoin holdings, tokens primarily donated by supporters, that failed to match the explosive gains seen across other altcoins this year.

Trump’s Crypto Portfolio Depreciates

Trump’s crypto portfolio is broadly divided into two parts: one, the donated crypto comprising memecoins, stablecoins, and ETH, and the second is his official memecoin, which he launched just days before his inauguration.

Donald Trump’s donated crypto portfolio failed to follow the current market rebound. While BTC reclaimed $110,000, ETH regained $2,800, Trump’s crypto fortune has continued to decline.

Once valued at $15 million at its peak in 2024, the President’s donated portfolio now sits at just over $1.59 million.

Much of the decline can be traced to memecoins, which comprise the bulk of Trump’s holdings following a $3.2 million Ethereum (ETH) transfer in February.

His largest asset, the meme token TROG, saw a modest 9% decline over the past week and is now worth $967,000. However, other tokens haven’t fared as well either.

The donated TRUMP memecoin, once the centerpiece of the former president’s crypto image, is now worth just $98,000, down 12% on the week and far below its previous highs.

Memecoin Dinner Fizzles as Token Remains 80% Below Peak

Donald Trump recently hosted a private dinner for the top 25 holders of his official memecoin, TRUMP, but the gesture did little to revive the token’s fortunes.

Despite a broader market rebound that saw Bitcoin hit new all-time highs, TRUMP continues to hover just under $14, down more than 80% from its peak.

At its height, the token reached a fully diluted valuation (FDV) of over $70 billion, briefly inflating Trump’s on-paper net worth by $50 billion. Today, that figure has shrunk to $13.93 billion.

TRUMP has seen some recovery since its April lows around $7.7 billion FDV, but it remains a shadow of its former self.

Since the broader memecoin market cooled off earlier this year, the token has struggled to regain momentum.

Even a high-profile dinner with major holders hasn’t helped turn the tide.

Memecoins Account for 70% of Trump’s Crypto Portfolio

The former President’s crypto portfolio comprises diverse digital assets, including ETH, Ripple (XRP), USD Coin (USDC), and several memecoins.

According to an Oct. 15 PAC filing , memecoins accounted for over 70% of all Trump campaign donations.

Between July 1 and Sept. 30, 2024, Trump’s campaign raised $7.85 million in cryptocurrency donations.

Data from Arkham Intelligence revealed that the President-elect’s portfolio does not include Bitcoin (BTC), despite wanting to use it to pay off the national debt. 

With additional reporting from Insha Zia.