Donald Trump is about to make history as the first sitting U.S. President to hold meme coins. According to Arkham, once sworn in as the 47th President, Trump’s crypto wallet will contain about $8 million worth of meme coins. His holdings include $5.5 million in TROG tokens, $1.5 million in TRUMP meme tokens, 1.3 billion GUA coins valued at nearly $400,000, and $167,000 in TRUMPIUS tokens.

This shift marks a change from Trump’s earlier skepticism of cryptocurrencies. In 2024, he publicly supported Bitcoin and even launched NFTs on Ethereum, which netted him thousands of dollars in Ether (ETH). Trump’s crypto wallet holds 496.77 ETH, worth roughly $1.6 million.

Many hope Trump’s presidency will bring clearer digital asset regulations, with appointments like Paul Atkins for SEC chair and crypto czar David Sacks pointing to a crypto-friendly approach. Industry leaders are reportedly lobbying for Trump to sign an executive order creating a U.S. Bitcoin reserve within his first 100 days in office.#trump #biden