Trump's fortunes are rising dramatically, on the Ethereum blockchain.
Zoom in: The meme coin made in honor of the 45th president is up over 17 thousand percent this year, executing an enormous surge through May.
In the weeds: The meme coin, Trump (MAGA), was created in August 2023, and it has no affiliation with the man himself.
The group behind it donates to support veterans and the rescue of children.
The website shows donations to several organizations, claiming to have given over 436.5 ETH ($1.6 million) in charitable contributions. It's been making its donations through Every.org, which shows each one.
Every sale or transfer of MAGA has a 1% tax, to fund its promotion.