Donald Trump Holds Over $1M In ETH And Raked In More Than $7M From His NFT Collections
Former US President and Republican nominee for the 2024 presidential election Donald Trump holds over $1 million in Ethereum (ETH) and earned more than $7 million through his non-fungible token (NFT) collections.
Personal financial disclosures show that Trump’s holdings in ETH-based crypto assets range from $1 million and $5 million. Data from the blockchain intelligence platform Arkham shows that the total dollar value of Trump’s crypto portfolio stands at just over $3.62 million as of 3:22 a.m. EST. This is after recent 24-hour price increases resulted in an $8K gain.
Donald Trump Wants To Launch Another NFT Collection
Trump also disclosed that he earned more than $7 million through his three NFT collections. One of these collections is the indictment-linked “Mugshot” project. The remaining two are trading card collections.
NFT market OpenSea shows that the Trump Digital Trading Cards collection has recorded over 15,808 ETH in trading volume since its debut.
Looking to continue the success of his NFT collections, Trump said earlier in the year that he plans on launching a new collection. In a July 16 interview with Bloomberg, he said that “the people want” him to release another NFT collection.
Trump’s Declining Odds On Polymarket
Towards the start of the year, Trump was a clear favorite to win this election on the decentralized betting platform Polymarket. His odds soared to a peak following the failed assassination attempt during one of his campaign rallies.
Over the past few weeks, however, Trump has lost his lead on Polymarket. Democrat rival and current US Vice President Kamala Harris has now taken the lead. Her odds on the platform surged after current US President Joe Biden announced that he will not run for a second term, choosing to endorse Harris as his replacement instead.
Odds in favor of Harris winning stand at 54% on Polymarket. Meanwhile, bets in favor of a Trump victory stand at 44%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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