Politicians Aggressively Trading Meme Coins in 2024

Several U.S. politicians engaged in cryptocurrency trades in 2024, with varying degrees of success. While the volatility of the crypto market and limitations in accurately measuring politicians' returns make it challenging to determine who made the most, some stand out based on their filings and known trades.

Representative Mike Collins emerged as a potential candidate for Congress's big cryptocurrency winner. Throughout 2024, Collins actively traded both established digital assets like Ethereum and meme coins like Aerodrome Finance (AERO) and Ski Mask Dog (SKI).

Collins's meme coin holdings, particularly AERO purchased in early November and SKI bought in early December, are notably in the green. His earlier cryptocurrency investments, which include BTC purchased in January at around $38,000 and sold in March for an average price of $48,000, showcase potential triple-digit returns.

On the other hand, Representative Barry Moore, who recently announced his candidacy for Senate, also has a significant potential for stellar returns on his digital assets, despite the possibility of being in the red on his crypto holdings at press time.

Moore is notably a long-term holder of multiple coins and tokens, including Cardano (ADA), Dogecoin (DOGE), Ethereum, and Bitcoin, among others. However, Moore also has the misfortune of having purchased the bulk of his cryptocurrency near the 2021 highs.

While these politicians are known for their cryptocurrency trades, the story is similar for the prominent blockchain advocate in the Senate, Cynthia Lummis. However, Lummis is likely in the green on her 2021 BTC investment due to the coin's rise to new and exceptionally high all-time highs (ATH) in 2024, unlike Representative Moore.

Ultimately, the question of which U.S. politicians made the most from digital assets in 2024 may not have a clear or definitive answer due to the limited transparency and varying success rates in crypto trades among politicians.