Trump issued virtual currency, causing his net worth to skyrocket by 400% overnight.

On January 19, according to estimates by blockchain analysis platform Arkham Intelligence, the "cryptocurrency president" Trump's net worth skyrocketed to $28 billion overnight, thanks to Trump's issued virtual currency "TRUMP", which increased his estimated net worth by 400%. The token reached $28, and Trump's affiliates CIC Digital LLC and Fight Fight LLC controlled 80% of the supply. The value of his cryptocurrency holdings alone soared to $22.40 billion. As a background, Forbes valued Trump's net worth at $5.60 billion last November.