Donald Trump's Crypto Portfolio Takes a $3 Million Hit as MAGA Coin Plummets 61%

Former President Donald Trump has experienced a significant decline in his cryptocurrency portfolio over the past month, with his holdings decreasing by over $3 million. The majority of Trump's portfolio is invested in MAGA Coin (TRUMP), a meme coin he received when the project was created in 2023. Initially worth just a few thousand dollars, the value of TRUMP soared, contributing to Trump's portfolio reaching over $8.5 million at its peak. However, with TRUMP's price dropping by 61% in the past month, along with declines in Ethereum (ETH), Trump's portfolio has fallen to $5.3 million. While these losses are on paper and Trump did not initially invest his own money, he missed out on significant gains by not selling earlier when TRUMP was at its peak.