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International Business Times
International Business Times
Business
Marvie Basilan

Donald Trump-Linked Wallet Now Down To $9M Following $DJT Memecoin Controversy

Donald Trump Arkham Arkham Intelligence Crypto Bitcoin CoinGecko Memecoins
The crypto holdings in a digital wallet linked to the former US president have lost millions in value in recent days. (Credit: AFP)

KEY POINTS

  • The wallet now only has cryptocurrency holdings worth below $10 million
  • The wallet's dollar value hit $33 million earlier this month, as per Arkham
  • $DJT was rumored to be the "official" Trump memecoin last week

Majority of the memecoins in a digital wallet linked to former U.S. President Donald Trump have lost much of their value from all-time highs exceeding $30 million following a controversy that involved a token claimed to be the Republican presidential candidate's "official" memecoin.

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