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Donald Trump, Republican candidate and former President, finds himself at the center of another lucrative intrigue not real estate or business, but the crypto world. His charismatic virality makes him a leading figure in PoliFi meme coins. With over half a million TRUMP (MAGA) tokens in his digital wallet, according to Arkham, the question looms: how much are his holdings worth today?

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MAGA, launched in August 2023, was the first project to allocate tokens to Trumps crypto wallet as a successful marketing scheme. On Aug. 16, 2023, the owners of MAGA sent approximately 470,000 MAGA tokens to Trumps wallet, followed by an additional 110,000 tokens on Oct. 9, 2023. Trump received a total of approximately 580,000 MAGA tokens, representing around 1.2% of MAGAs 46.5 million total token supply. At the time, the tokens were worth a mere few thousand dollars, as MAGA's price was less than $0.01.

The MAGA token lay dormant for months after its launch in August, only reaching a $2.5 million market cap in 2023. MAGA began moving, catalyzed by positive market sentiment in January 2024 soaring to $2.26 from $0.18 (over 1100% increase) in just 14 days. The next leg up was on March 3, 2024, to $11.54. A consolidation followed that led to MAGA ascending to $17.52 on May 31, 2024 the current all-time high price. Afterward, MAGA had a sharp sell-off to $5.55 by mid-June and currently sits around $7.13.

Trump's 580,000 MAGA tokens have an estimated value of $4.2 million at today's price of $7.13. Trump received his tokens as a gift when MAGA was less than $0.01, which means his MAGA holdings have increased over 71 thousand percent since then.

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However, the estimated value of Trump's holdings is far from actuality after factoring in slippage (the difference in the executed trade price compared to the expected trade price). Liquidity (how easily an asset can be converted into ready cash without affecting its market price) and volatility (rapid price changes in a short time) are the primary causes of slippage.

During trade execution, volatility is far less concerning because of the wide distribution of MAGA tokens and its large market cap over $350 million. MAGA's biggest slippage factor is low liquidity, as there would not be enough buy orders at the current price to fill Trump's entire holdings. If Trump were to sell all 580,000 tokens, his sell order would consume all available buy orders, lowering the overall price. If Trump sold his entire holdings on Uniswap, he would expect to receive only around $2 million. Trump's profit would be over 50% less than the nominal evaluation of $4.2 million.

This underscores how liquidity plays an essential role in the cryptocurrency market. Nobody can escape the fundamentals; high-profile individuals like Trump must navigate intricate market dynamics. This scenario emphasizes an important lesson for investors: face value doesn't always translate to actual cash.

Like holding any cryptocurrency, holding meme coins like MAGA comes with its own set of risks. Meme coins can be especially volatile, creating a landscape where potential profits quickly turn to substantial losses. Making informed decisions and understanding the risks associated with your investment is crucial to maneuvering the unpredictable market.

Read Next: 82% of Americans arent using this government secured 5% passive income stream, are you one of them? How much Bitcoin did Michael Saylor says you need to become a millionaire? The number may shock you. Market News and Data brought to you by Benzinga APIs

2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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Business

Microsoft is now worth over $4 trn, becoming only second firm ever to pass milestone

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Microsoft is now worth over  trn, becoming only second firm ever to pass milestone

Microsoft has become only the second publicly traded company after Nvidia to surpass $4 trn (£3.03trn) in market valuation, after registering huge earnings.

On Thursday, shares rose on Wall Street with the S&P 500 and Nasdaq climbing to new record highs.

Stocks in Microsoft jumped after posting better-than-expected results, helped by its Azure cloud computing platform, which is a centrepiece of the company’s artificial intelligence (AI) efforts.

Shares in Facebook and Instagram’s parent company, Meta, also surged after beating sales and profit targets.

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Is Trump’s AI plan a ‘tech bro’ manifesto?

Technology giants Apple and Amazon will report their results after Wall Street’s close.

Microsoft first cracked the $1trn (£760bn) mark in April 2019, but its move to $3trn (£2.27trn) took longer than technology giants Nvidia and Apple.

Nvidia tripled its value in just about a year and clinched the $4trn milestone before any other company on 9 July. Apple was last valued at $3.12trn.

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In comparison, the biggest UK company by market value is drug manufacturer AstraZeneca, worth $235.97bn (£178.55bn).

Companies ranked by market value (USD), according to tradingview.com

1. Nvidia (US) $4.43trn
2. Microsoft (US) $4trn
3. Apple (US) $3.12trn
4. Amazon (US) $2.47trn
5. Alphabet (US) $2.35trn
6. Meta (US) $1.95trn
7. Saudi Arabian Oil (Saudi Arabia) $1.56trn
8. Broadcom (US) $1.42trn
9. Berkshire Hathaway (US) $1.03trn
10. Tesla (US) $1.02trn
11. Taiwan Semiconductor Manufacturing (Taiwan) $1trn
29. Samsung Electronics (South Korea) $338.06bn
36. Alibaba (China) $284.62bn
52. AstraZeneca (UK) $235.97bn

While sweeping US tariffs had investors worried about tighter business spending, Microsoft’s strong earnings have shown that the company’s books are yet to take a hit.

Microsoft’s multibillion-dollar bet on OpenAI is proving to be a game changer, powering its Office Suite and Azure offerings with cutting-edge AI and fueling the stock to more than double its value since ChatGPT’s late-2022 debut.

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Read more from Sky News:
Microsoft beats Nvidia by market value
Trump unveils AI action plan
UK ramps up AI adoption with Meta

On Wednesday, the firm announced Azure sales surpassed $75bn (£56bn) on an annual basis, while Azure revenue jumped 39% in the April-June quarter.

Overall revenue rose 18% to $76.4bn (£57.81bn) over the same period.

It is also forecasting a record $30bn (£22.7bn) in capital spending over the first quarter to meet soaring AI demand..

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Environment

ENGWE Engine Pro 2.0 e-bike at exclusive new $750 low, Anker eufy S220 solar cam $65, Linkind smart solar spotlights from $23, more

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ENGWE Engine Pro 2.0 e-bike at exclusive new 0 low, Anker eufy S220 solar cam , Linkind smart solar spotlights from , more

Leading today’s pack of Green Deals is an exclusive 50% discount for our readers on the ENGWE Engine Pro 2.0 Folding e-bike at a new $749.50 low. Right behind it we have Anker’s eufy SoloCam S220 Solar Security Camera starting at $65, with some multi-pack discounts also available, as well as multi-packs of Linkind’s Smart Solar Spotlights starting from $23. From there we have a 3-in-1 tool bundle with replacement parts from Worx, a 60V 610 CFM cordless leaf blower from Greenworks, and more waiting for you below. Plus, all the hangover savings at the bottom of the page, like yesterday’s ECOVACS Goat RTK robot lawn mower low price, Rad Power’s RadWagon 4 cargo e-bike discount, and more.

Head below for other New Green Deals we’ve found today and, of course, Electrek’s best EV buying and leasing deals. Also, check out the new Electrek Tesla Shop for the best deals on Tesla accessories.

Commute up to 68 miles with exclusive 50% savings on ENGWE’s Engine Pro 2.0 folding e-bike at a new $749.50 low

We’ve secured an exclusive and budget-friendly deal from Wellbots for our readers on the ENGWE Engine PRO 2.0 Folding e-bike at $749.50 shipped, after using the exclusive promo code 9TO5ENGWE50 at checkout for 50% off. This model would normally run you $1,499 here, which we’ve seen discounted as low as $1,149 from the brand over the last year. That price is getting strong-armed out of the way with this exclusive deal that gives you a 50% markdown, putting nearly $750 back into your pocket at the best new price we have tracked.

A great alternative option for riders who want a reliable means to get through their commutes without shelling out $1,000 or more on other brands, the ENGWE Engine Pro 2.0 e-bike is a folding model that saves on space while also providing some significant travel support. The 750W rear hub motor peaks at 1,200W and comes paired with a removable 16Ah battery for up to 68 miles of pedal-assisted travel (five levels supported by a torque sensor) at up to 20 to 28 MPH top speeds, depending on what your local laws allow. Of course, you’ll have the option for pure electric travel via the throttle, though keep in mind this reduces the mileage to around 30 miles on one full charge.

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For the low price you’re getting on ENGWE’s Engine Pro 2.0, you’ll be scoring some solid features, including hydraulic disc brakes for greater stopping power, puncture-resistant all-terrain fat tires so you don’t have to fear what you may ride over, and an 8-speed Shimano derailleur for versatile pedaling options. That’s not all, as you’ll also be getting a rear cargo rack, a full suspension system, and a smart LCD screen for performance data and setting adjustments – plus, the whole thing weighs in at 70 pounds, so it’s manageable regardless of your rural/suburban/urban environment.

rain falling onto Anker eufy SoloCam S220 solar security camera

Upgrade your home security with Anker’s solar-powered eufy SoloCam S220 camera at $65

Anker is offering its eufy SoloCam S220 Solar Security Camera at $64.99 shipped, after using the on-page promo code at checkout for $35 off the price, which is beating out Amazon’s pricing by $5. Coming down off its $100 full price tag while the savings last, this model has been regularly seen dropping to $70 and more recently going lower to $65 over the last handful of months, only beaten out by the $62 low we first saw appearing during Prime Day at the top of the month. You’re looking at 35% markdown while the savings last, giving you the second-best price we have tracked if you missed out on the one-time Prime Day low. You’ll also find the camera’s multi-pack options starting from $129.99 shipped here.

If you want to learn more about this solar-powered security device, be sure to check out our original coverage of this deal here.

Daytime and Nighttime differences with Linkind's smart solar spotlights lining walkway

Save up to 34% on multi-packs of Linkind’s Smart Solar Spotlights starting from $23

By way of its official Amazon storefront, Linkind is offering its Smart Solar Spotlights starting at $22.99 shipped for a 2-pack. The price is coming down from its $35 tag, with them having spent a significant portion of recent months at $24, with some falls to $23 (including during Prime Day) and one earlier drop to the $21 low back in April. You’re looking at a 34% markdown here that cuts $12 off the tag for the second-best price we have tracked, landing just $2 above the all-time low. You’ll also find its larger bundles benefitting from discounts, with the 4-pack down at its second-best price of $48.99 shippedafter clipping the on-page 30% off coupon, while its 8-pack is down at a $90.98 low.

If you want to learn more about this outdoor lighting device, be sure to check out our original coverage of this deal here.

man trimming around tree trunk with Worx GT revolution 3-in-1 string trimmer/edger/mini-mower

Pick up the Worx GT Revolution 20V 12-inch string trimmer/edger/mini-mower with spare parts at $83 (2025 low)

Amazon is offering the Worx GT Revolution 20V 12-inch String Trimmer/Edger/Mini-Mower kit that comes with a 2.0Ah battery, 2A charger, three replacement spools, a spool holder, and replacement edger wheels for $82.99 shipped. The combination of the tool and battery alone goes for $130 at full price directly from the brand’s website, where it’s currently priced, but we’ve been seeing this larger bundle package keep down to $100 for much of the time since late March. While we have seen it drop lower in the past, the additional $17 savings from its recent going rate is the best price we have tracked over the last 12 months, even beating out its Prime Day pricing by $2.

If you want to learn more about this 3-in-1 tool, be sure to check out our original coverage of the deal here.

man clearing large pile of leaves in yard with greenworks 60V 610 CFM cordless leaf blower

Clear out your yard with up to 610 CFM air flow through this 60V Greenworks cordless leaf blower at $142

Amazon is offering the Greenworks 60V 610 CFM Cordless Leaf Blower at $142.49 shipped. Normally fetching $200 directly from the brand’s website, where this model is priced $8 higher, we’ve been seeing it keep to $180 in full at Amazon since March, with discounts dropping costs lower between $160 and $140 on average. The lowest we’ve seen this model fall was to a $135 rate on the last of Prime Day’s 4-day event, with the deal today matching the event’s first three days of pricing. You’re looking at the third-lowest price we have tracked, saving you $58 off the MSRP and landing just $7 above the all-time low.

If you want to learn more about this 60V blower, be sure to check out our original coverage of this deal here.

Best Summer EV deals!

Best new Green Deals landing this week

The savings this week are also continuing to a collection of other markdowns. To the same tune as the offers above, these all help you take a more energy-conscious approach to your routine. Winter means you can lock in even better off-season price cuts on electric tools for the lawn while saving on EVs and tons of other gear.

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Technology

Apple reports third-quarter earnings after the bell

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Apple reports third-quarter earnings after the bell

Apple CEO Tim Cook attends the world premiere of “F1” at Times Square in New York on June 16, 2025.

Angela Weiss | AFP | Getty Images

Apple reports fiscal third-quarter earnings on Thursday after the bell.

The June quarter is typically Apple’s slowest of the year by sales, ahead of new device launches in September that typically spur the company’s biggest sales surge of the year driven in the December quarter.

Still, Apple is expected to report nearly $90 billion in overall sales during the period, which would be a 4% increase from last year. Analysts expect it to guide for 3% growth in the September quarter.

But there are lots of questions swirling around Apple, whose stock is down 16% so far in 2025.

The biggest question facing Apple is what it will say about tariffs. In May, Apple said it would have about $900 million in additional tariff costs in the June quarter, but that it couldn’t predict beyond that. Apple will likely update investors on how it sees tariffs affecting the September quarter, a key indicator for how President Donald Trump’s trade war is affecting American technology companies.

Apple also said in May that it would manufacture U.S.-bound iPhones in India to avoid tariffs on Chinese imports. But the company’s move upset Trump, who said after Apple’s last earnings call that he didn’t want the iPhone maker building in India. India is in line to receive a 25% tariff as soon as Friday. Apple CEO Tim Cook may update investors on its India pivot on Thursday.

The company held its annual Worldwide Developers Conference in June, in which it announced major updates to its software for iPhones and other devices. Apple did not, however, announce major new artificial intelligence products or initiatives, disappointing some analysts. However, some investors believe Apple’s AI stumbles aren’t expected to show up in its results for years.

On the brighter side, Cook will likely shout out the movie “F1,” which is Apple Original Films’ first summer blockbuster and passed $500 million at the global box office last weekend.

Here’s how Apple is expected to do in the June quarter, per LSEG consensus estimates:

  • Earnings per share: $1.43
  • Revenue: $89.54 billion

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