Trump’s $7 Million Crypto Stash Among Top 5 Celebrities on

Since the NFT summer of 2021, mainstream celebrities have forayed into Web3 and cryptocurrencies, but most have abandoned the industry for other businesses, while others still hold assets.

Data provided from Arkham Intelligence showed that the five celebrities with cryptocurrency holdings and the most followers on Elon Musk’sET) or NFT.

Former US president and Republican candidate Donald Trump boasted the highest net worth of digital assets, valued at $7 million. Trump’s largest share amounted to about $5.1 million in proceeds from the NFT collection titled TRUMP, but a corridor could open up for additional digital asset associations.

Trump recently hinted that his campaign may accept cryptocurrency donations as the US elections take place at the end of November engaged industry voices on political issues.

Pop star Justin Bieber came in second with $451,000 in blockchain assets, of which $433,000 was domiciled in ETH. However, Bieber’s last activity was two years ago and was linked to Yuga Labs’ Otherside project on the OpenSea NFT marketplace.

Football star Neymar and comedians Jimmy Fallon and Kevin Hart placed third, fourth and fifth respectively. According to Arkham, the trio have cryptocurrency net worths of $56,000, $113,000, and $40,000.

During the peak of the NFT, celebrities like Bieber and Fallon did titles for purchasing top-notch collectibles like the Bored Ape Yacht Club for millions in ETH. The trend also supported platforms like MoonPay, which offered a concierge-style service to popular figures interested in speculative markets for digital collectibles.

Three years later, NFT marketplaces have become a secondary sector for the industry and over 95% of these collections are now worthless. Regulatory bodies such as the SEC have prosecuted known creators.

Projects like Dapper Labs and that of Ashton Kutcher Stoner cats were sued for allegedly selling unregistered securities to vulnerable investors.

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