How much cryptocurrency have Donald Trump's supporters donated to his campaign?
Former US President Donald Trump is receiving significant cryptocurrency donations as the election approaches.
In-network cryptocurrency donations have reached nearly $60,000 XNUMX USD, not including donations made through centralized exchanges such as Coinbase.
According to blockchain analytics firm Breadcrumbs, Trump's campaign received $59,386,218 in cryptocurrency donations from XNUMX donors. Analyst James Delmore explained that many of the donations come through exchanges, which are not considered transactions on the network.
Most of the donations come to USDC sent through the Efirium, Base, and Polygon networks. Trump's campaign headquarters has raised more than $260 million in total, with traditional donations still leading the way.
The Winklevoss twins they announced a $2 million Bitcoin donation to Trump's campaign, supporting his stance in favor of cryptocurrencies. However, a portion of the twins' donation was returned due to exceeding the allowable amount.
Trump's campaign began accepting cryptocurrency donations in May, emphasizing his support for the industry. The move comes amid regulatory concerns and a shift in Congress toward legislation supporting cryptocurrency as the election approaches.
Former US President Donald Trump is receiving significant cryptocurrency donations as the election approaches.
In-network cryptocurrency donations have reached nearly $60,000 XNUMX USD, not including donations made through centralized exchanges such as Coinbase.
According to blockchain analytics firm Breadcrumbs, Trump's campaign received $59,386,218 in cryptocurrency donations from XNUMX donors. Analyst James Delmore explained that many of the donations come through exchanges, which are not considered transactions on the network.
Most of the donations come to USDC sent through the Efirium, Base, and Polygon networks. Trump's campaign headquarters has raised more than $260 million in total, with traditional donations still leading the way.
The Winklevoss twins they announced a $2 million Bitcoin donation to Trump's campaign, supporting his stance in favor of cryptocurrencies. However, a portion of the twins' donation was returned due to exceeding the allowable amount.
Trump's campaign began accepting cryptocurrency donations in May, emphasizing his support for the industry. The move comes amid regulatory concerns and a shift in Congress toward legislation supporting cryptocurrency as the election approaches.