Trump’s potential re-election and pro-crypto stance are predicted to boost US crypto firms and skyrocket these low-market-cap coins 500x.
Bitcoin miners and cryptocurrency companies facing obstacles in going public in the US might find themselves in a favourable position if Donald Trump secures a second term as President.
Trump’s increasing support for cryptocurrencies, coupled with potential regulatory shifts, could dramatically alter the digital asset landscape, benefiting domestic companies while posing challenges for foreign competitors.
Meanwhile, individual cryptocurrencies like $99BTC from 99Bitcoins and Base Dawgz ($DAWGZ) are capturing significant attention for their innovative approaches to crypto education and meme coin markets, respectively.
In a recent political shift, President Joe Biden announced he will not seek re-election, endorsing Vice President Kamala Harris as the Democratic nominee. This development comes as Trump holds a majority of 52% among likely voters, according to a CBS News poll. Market participants anticipate significant changes in the crypto market’s regulatory environment under a Trump administration.
Bitcoin Miners and Market Reactions
Bitcoin has seen a nearly 10% increase since Biden’s underwhelming debate performance in June and a failed assassination attempt against the Republican nominee. Shares of Bitcoin mining companies like Marathon Digital and Riot Platforms surged around 30%, while Cipher Mining’s shares increased nearly 50%, buoyed by potential takeover interest.
Trump’s interactions with Bitcoin miners, including a June meeting where he emphasised the importance of domestic Bitcoin production, have fueled optimism.
He declared on his Truth Social account that Bitcoin mining might be “our last line of defence against a CBDC”, referring to central bank digital currencies and advocated for Bitcoin to be “MADE IN THE USA!!!”.
Banking System and Digital Exchanges
A Trump presidency could also influence the banking system’s receptiveness to crypto firms. The crypto industry has struggled with a dwindling number of banks willing to handle fiat-to-crypto conversions. The bankruptcies of crypto-friendly banks like Silvergate and Signature have exacerbated these difficulties.
As the broader crypto market braces for potential changes, individual cryptocurrencies like $99BTC and Base Dawgz ($DAWGZ) are capturing significant attention.
99Bitcoins: Revolutionising Crypto Education
$99BTC, the native token of the established crypto education platform 99Bitcoins, is making waves with its upcoming learn-to-earn platform. 99Bitcoins has been a trusted source of crypto education since 2013, providing comprehensive resources to demystify complex crypto concepts.
The platform offers 79 hours of educational content on various industry topics, catering to new and experienced investors alike.
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The learn-to-earn model incentivises users to engage with educational content by rewarding them with $99BTC tokens. Users can earn tokens by completing modules and quizzes, motivating continued learning and engagement. This approach not only educates users but also promotes long-term involvement in the crypto market.
The $99BTC presale has been highly successful, nearing the $2.5 million milestone. Structured to incentivise early participation, the presale offers low prices and high staking rewards. Investors can stake $99BTC tokens during the presale, earning substantial returns with a staking APY of 686% at the time of writing.
Base Dawgz: The Next Big Meme Coin
Base Dawgz ($DAWGZ) is another emerging player in the crypto market, poised to become a standout performer. Unlike many tokens confined to a single blockchain, Base Dawgz integrates across multiple blockchains, including Base, Ethereum, Solana, Binance Smart Chain and Avalanche. This multi-chain functionality enhances its versatility and market appeal.
The DAWGZ presale has raised over $2.6 million, attracting significant investor interest. Early buyers enjoy an annual percentage yield (APY) of over 1,228%, offering substantial staking rewards. The project’s strong community engagement strategy, including social rewards programs, has helped amass thousands of followers on social media platforms like X (formerly Twitter).
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Base Dawgz is set to list on various centralised and decentralised exchanges post-presale, with the potential to reach Coinbase’s 98 million users. The project’s robust community and high staking rewards position it as a promising investment opportunity.
Investing in the Future of Crypto Education and Meme Coins
As the crypto market navigates potential shifts under a prospective Trump presidency, companies and tokens like $99BTC and Base Dawgz are well-positioned to capitalise on new opportunities. With their innovative educational and community-focused models, these projects offer compelling investment prospects.
Investors looking to diversify their portfolios should consider the potential of $99BTC and $DAWGZ. With the $99BTC presale nearing its cap and Base Dawgz demonstrating strong community support, now is an opportune time to invest in these promising projects. Don’t miss out on the chance to be part of the next big developments in the cryptocurrency market. Invest in $99BTC and $DAWGZ today and secure your place in the future of crypto innovation.