Former US President Donald Trump's cryptocurrency portfolio has seen a significant boost, thanks to the launch of a new meme coin called TROG. His holdings have now reached a substantial $26 million, according to crypto intelligence platform Arkham.

TROG, also known as "Trump Frog," combines meme culture with cryptocurrency investment potential. Its creators aimed to capitalize on the popularity of frog-themed meme coins like PEPE, incorporating Trump's image and ideology into its brand. The coin's value has continued to rise, pushing Trump's holdings to over $14 million and his total crypto wealth to approximately $25.97 million.

The origins of TROG can be traced back to internet meme culture, specifically a photoshopped image of Trump with a green frog over his mouth and chin. This meme gained widespread attention, inspiring the creation of the TROG meme coin. Trump currently holds 50% of TROG's total supply, amounting to 210.34 billion tokens. While this concentration of ownership raises questions about the practicality of liquidating such a large amount, the strategic airdrop of TROG into Trump's wallet signifies a calculated effort to leverage his public profile and influence in the crypto community.

In conclusion, Trump's crypto portfolio has seen a significant increase thanks to the popularity of TROG. While the implications of high ownership concentration in a volatile market like cryptocurrency remain uncertain, the rise of meme coins like TROG highlights the evolving nature of the crypto landscape.