Former President Donald Trump has reportedly reaped a 15,000% return from a cryptocurrency named after his movement, MAGA (TRUMP).
What Happened: Arkham Intelligence, the Crypto intelligence firm revealed on X, that the meme coin team sent over a $7,100 stake in TRUMP between August and October 2023 which has surged to an estimated value of over $1.07 million
In a tweet shared on X, Arkham Intelligence shared: “Donald Trump makes $1M on TRUMP Memecoin. Donald Trump's holdings of TRUMP have just passed $1M. He originally received $7,1K of TRUMP […] That's 150x. […] Now that TRUMP is $1.90, his holdings have increased by 15,000%. Is he outperforming most of CT?”