Inside Donald Trump’s Meme Coin Holdings: PNUT & TROG Soar Post Election Win

Donald Trump’s 2024 U.S. election win has fueled a huge surge in Trump-themed meme coins, with Peanut the Squirrel (PNUT) taking the lead. In just 24 hours, PNUT’s value has soared by an impressive 320%, boosted by election excitement and fresh listings on major exchanges like Binance and Crypto.com.

But the story doesn’t stop at PNUT; Trump’s crypto portfolio is now filled with other intriguing tokens, and even Elon Musk has jumped into the mix with an unexpected endorsement. Let’s dive into the story – shall we?

PNUT’s Big Listings Drive Price Spike

The recent PNUT listings on Binance and Crypto.com have driven a major price increase. Following these announcements, PNUT’s value jumped sharply, with Binance’s listing alone helping the token soar by 320%.

Currently trading at $0.5157, PNUT has seen a 1300% rise over the past week, pushing its market cap from $95 million to $517 million, making it the 215th largest cryptocurrency.

Trump’s Involvement Adds Momentum

Adding to the hype, Trump himself received a donation of 1.7% of the PNUT supply. Soon after Binance’s listing, this donation fueled additional excitement, sending PNUT’s price even higher with a surge of around 300%.

Elon Musk also voiced his support for PNUT during a recent podcast appearance with Joe Rogan. His endorsement, along with the U.S. election buzz, has helped drive PNUT to new highs, attracting more attention to the token.

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Trump’s Expanding Crypto Holdings

Aside from PNUT, Trump’s crypto holdings have grown to include other major tokens according to Arkham Intelligence. His wallet holds 495.535 Ethereum (ETH) worth about $1.65 million and 478.7111 Wrapped Ethereum (wETH), valued at around $1.59 million. Trump also owns around 579.29K MAGA tokens, worth $1.04 million, and 137K of the stablecoin USDC, valued at approximately $137K.

One of Trump’s newest holdings is TROG, a frog-themed meme coin inspired by his persona. Trump owns approximately 210.345 billion TROG tokens, valued at nearly $994,930, adding a unique twist to his crypto assets.

With Trump-themed tokens gaining traction, the market is closely watching to see if this trend will continue. The excitement might just be beginning.