{"id":24390,"date":"2024-07-05T09:31:32","date_gmt":"2024-07-05T06:31:32","guid":{"rendered":"https:\/\/coinengineer.io\/?p=24390"},"modified":"2024-07-05T09:31:32","modified_gmt":"2024-07-05T06:31:32","slug":"former-president-trumps-crypto-investments-hit-hard-by-market-drop","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/former-president-trumps-crypto-investments-hit-hard-by-market-drop\/","title":{"rendered":"Former President Trump\u2019s Crypto Investments Hit Hard by Market Drop"},"content":{"rendered":"<div class=\"flex-shrink-0 flex flex-col relative items-end\">\n<div>\n<div class=\"pt-0.5 juice:pt-0\">\n<div class=\"gizmo-bot-avatar flex h-6 w-6 items-center justify-center overflow-hidden rounded-full juice:h-8 juice:w-8\">\n<div class=\"relative p-1 rounded-sm flex items-center justify-center bg-token-main-surface-primary text-token-text-primary h-8 w-8\">\n<div class=\"flex flex-grow flex-col max-w-full\">\n<div class=\"min-h-[20px] text-message flex flex-col items-start whitespace-pre-wrap break-words [.text-message+&amp;]:mt-5 juice:w-full juice:items-end overflow-x-auto gap-2\" dir=\"auto\" data-message-author-role=\"assistant\" data-message-id=\"5d513b72-9f3d-4f11-893f-625909d11268\">\n<div class=\"flex w-full flex-col gap-1 juice:empty:hidden juice:first:pt-[3px]\">\n<div class=\"markdown prose w-full break-words dark:prose-invert light\">\n<p>Donald Trump\u2019s crypto assets, including <strong>MAGA<\/strong> and <strong>BODEN<\/strong> memecoins, have plummeted in value, with his portfolio dropping by 75% since June, now worth $7.85 million.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"group\/conversation-turn relative flex w-full min-w-0 flex-col agent-turn\">\n<div class=\"flex-col gap-1 md:gap-3\">\n<div class=\"flex flex-grow flex-col max-w-full\">\n<div class=\"min-h-[20px] text-message flex flex-col items-start whitespace-pre-wrap break-words [.text-message+&amp;]:mt-5 juice:w-full juice:items-end overflow-x-auto gap-2\" dir=\"auto\" data-message-author-role=\"assistant\" data-message-id=\"6d396d45-4013-4bd5-9aaa-0d9fc69515e1\">\n<div class=\"flex w-full flex-col gap-1 juice:empty:hidden juice:first:pt-[3px]\">\n<div class=\"markdown prose w-full break-words dark:prose-invert light\">\n<p>The sharp decline in the cryptocurrency market has significantly impacted the crypto assets of former US President and 2024 Republican Party presidential candidate Donald Trump. Notably, Trump-themed <strong>MAGA (TRUMP)<\/strong> and Joe Biden-themed<strong> Jeo Boden (BODEN)<\/strong> memecoins have suffered substantial value losses. Over the past 7 days, TRUMP has dropped by 45%, while BODEN has plummeted by 76%.<\/p>\n<p>According to Arkham Intelligence data, Donald Trump&#8217;s <strong>memecoin<\/strong> assets have decreased by 75% since June, falling to $7.85 million. Trump&#8217;s crypto assets, which were valued at $31 million at the beginning of June, have largely eroded and are now only at the $7.85 million level. This signifies a 75% drop in the value of Trump&#8217;s crypto wallet.<\/p>\n<p>Currently, Donald Trump&#8217;s wallet holds 579,290 TRUMP worth $2.88 million, 489.18 Ethereum (ETH) worth $1.53 million, <strong>TROG<\/strong> worth $1.46 million, and 377,131 WETH worth $1.18 million.<\/p>\n<p>However, it is important to note that none of these memecoins were purchased by Donald Trump. These tokens were sent to Trump by various cryptocurrency developers to draw attention to their projects.<\/p>\n<p>The significant devaluation of <strong>Donald Trump<\/strong>&#8216;s crypto assets serves as a noteworthy example for both the general state of the crypto market and individual investors. Trump&#8217;s memecoins once again highlight how volatile and unpredictable the cryptocurrency market can be.<\/p>\n<p><i><span style=\"font-weight: 400;\">You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our <\/span><\/i><a href=\"https:\/\/t.me\/coinengineernews\"><i><span style=\"font-weight: 400;\">Telegram, <\/span><\/i><\/a><a href=\"https:\/\/www.youtube.com\/@CoinEngineer\"><i><span style=\"font-weight: 400;\">YouTube<\/span><\/i><\/a><i><span style=\"font-weight: 400;\">, and <\/span><\/i><a href=\"https:\/\/twitter.com\/coinengineers\"><i><span style=\"font-weight: 400;\">Twitter<\/span><\/i><\/a><i><span style=\"font-weight: 400;\"> channels for the latest <\/span><\/i><a href=\"https:\/\/coinengineer.net\/blog\/news\/\"><i><span style=\"font-weight: 400;\">news<\/span><\/i><\/a><i><span style=\"font-weight: 400;\"> and updates.<\/span><\/i><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Donald Trump\u2019s crypto assets, including MAGA and BODEN memecoins, have plummeted in value, with his portfolio dropping by 75% since June, now worth $7.85 million. The sharp decline in the cryptocurrency market has significantly impacted the crypto assets of former US President and 2024 Republican Party presidential candidate Donald Trump. Notably, Trump-themed MAGA (TRUMP) and<\/p>\n","protected":false},"author":6,"featured_media":24391,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,657,1,2],"tags":[1730,6882,6883],"class_list":["post-24390","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-en","category-genel","category-news","tag-donald-trump","tag-jeo-boden-boden","tag-maga-trump"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Former President Trump\u2019s Crypto Investments Hit Hard by Market Drop - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/former-president-trumps-crypto-investments-hit-hard-by-market-drop\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Former President Trump\u2019s Crypto Investments Hit Hard by Market Drop - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"Donald Trump\u2019s crypto assets, including MAGA and BODEN memecoins, have plummeted in value, with his portfolio dropping by 75% since June, now worth $7.85 million. The sharp decline in the cryptocurrency market has significantly impacted the crypto assets of former US President and 2024 Republican Party presidential candidate Donald Trump. 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