Will Trump Use His Crypto Assets To Fund His Presidential Campaign? Investors Speculate – NewsTo
Will Trump Use His Crypto Assets To Fund His Presidential Campaign? Investors Speculate

Will Trump Use His Crypto Assets To Fund His Presidential Campaign? Investors Speculate


Despite being stubborn about the cryptocurrency world, Trump has held onto a large amount of
Ethereum is worth between $250,000 and $500,000. Investors are speculating that he could use this as part of
of his campaign strategy Let us see the possibilities below.

Trump’s Crypto assets spark questions among investors

Ethereum is now being referred to as Trump’s cryptocurrency wallet and it seems that it is in tandem with
a large number of non-fungible tokens These tokens are speculated to have been created after Trump
left the presidential seat. The assets were similar to animated trading cards and they had pictures of him
in different outfits. Some of the outfits include a hunter’s suit that camouflages a superhero’s costume
and a welder’s suit. Each card was going for $99, and many of them sold out. They were 44,000 in number.
The news is quite a surprise to many since Trump has termed Bitcoin a scam. He considered
cryptocurrency a disaster. In a tweet posted in July 2019, he went ahead and mentioned that he was
not amused and did not want to be part of the cryptocurrency. He deemed their value intangible by
saying that it was based on thin air.

Many are wondering if his recognition of decentralized finance and Bitcoin at this point is what he will
use to fund his campaign. It could also be a strategy to buy votes from US citizens. After all,
cryptocurrencies are becoming more popular every day and more people are adapting them
for various uses.

Trump’s preparations for the elections

While Trump may have a large net worth, he can easily use the money from his crypto assets to fund his
campaign. His interest in digital assets also shows that market adaptability is growing and this could
prove bullish for the tokens if he manages to influence US citizens to invest more in them.



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