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Donald Trump's Ethereum Asset and Relation to Cryptocurrencies Former US President Donald Trump announced that he has $250,000 worth of Ethereum. This information came to light during an ongoing investigation into Trump's financial records. Trump and his inner circle are known for their interest in cryptocurrencies. The ongoing investigation aims to investigate the size of the former president's crypto holdings and whether he violated the law through crypto interactions. In December 2022, Trump approved Trump Digital Trading Cards, a collection of NFTs to his name. One day after the confirmation, the value of NFT skyrocketed, reaching an all-time high of 0.84 ETH. However, with the market downturns, the value of NFT also fell and the value of Trump Digital Trading Cards fell to 0.12 ETH, reflecting an 85% loss. Trump's wife, Melania Trump, also joined the NFT market. Melania converted some of the well-known images from the Moon landings with the Apollo spacecraft in the 1960s and 1970s into NFT and sold them for $75 each. However, NASA did not welcome this situation and declared that the rules regarding the use of its images for digital assets were violated. Trump's ownership of Ethereum may not necessarily indicate a violation of any law, given that the crypto token is not among the securities approved by US regulators. Ethereum is not among the crypto assets listed as securities and has not been involved in any of the recent lawsuits filed by the SEC against several crypto exchanges in the country. Therefore, former US president Trump may not face any charges as part of the ongoing investigation. However, the depreciation of NFT collections and Melania Trump's sale of NASA footage as NFT could spark new investigations.#GateioBountyCreator #NewsMessenger #GateLive #contentstar #MyFancyCreator #HotTopicDiscussion

American Bitcoin, endorsed by Donald Trump Jr. and Eric Trump, has surpassed ProCap Financial in total Bitcoin holdings. Since early December, American Bitcoin has added over 1,000 Bitcoins to its reserves, bringing the total holdings to 5,044 Bitcoins, valued at approximately $443 million, ranking it 21st among corporate holders.

Wu said that, according to CryptoQuant CEO Ki Young Ju, the share of Memecoin among Altcoins has been continuously declining since January this year. In January, driven by events like TRUMP MELANIA issuing tokens, Memecoin's share of Altcoins temporarily exceeded 10%, but has since continued to decline to less than 4% now.

Baron Trump is the co-founder of WLFI and a "DeFi Visionary." This 19-year-old college student is believed to have a net worth of around $150 million. His brother Eric Trump and little Donald Trump became co-owners of American Bitcoin, acquiring a 20% stake in the company. This Trump-related project has launched multiple family brand Meme coins, generating over $400 million in revenue.

Blockchain data is casting doubt on the “for the people” launch narrative of memecoin Pepe, with new analysis suggesting that nearly a third of the initial supply was held by a single entity and contributed to heavy early selling pressure. About 30% of the Pepe (PEPE) token supply was bundled at la