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While there is significant uncertainty in cryptocurrencies, the upcoming elections in the USA continue to occupy the world and the economy. Recently, Jerome Powell stated that the election would not influence their decisions on interest rates. In the past few hours, former President and current election candidate Donald Trump made several statements concerning cryptocurrencies at an event.
Donald Trump’s Statements
Former US President and current candidate Donald Trump attended a special event for NFT owners at the Mar-a-Lago resort in Florida on Wednesday. At the event, he made statements supporting the cryptocurrency unit.
Former US President and candidate for 2024, Trump, made a statement expressing his dissatisfaction about crypto companies moving away from America.
Trump’s statement was as follows:
“Crypto is moving out of the US due to hostility against it,” he said. “We will stop this because I don’t want it – if we are going to embrace it, we should allow them to be here.”
Trump, answering questions from cryptocurrency enthusiasts at the event, also provided important information indicating that Bitcoin and other tokens would be used for campaign donations.
Trump’s currently altered view towards crypto assets, according to analysts, came after he indicated on Tuesday that his possible win in the US Presidential elections in November would be good for Bitcoin.
On the other hand, the current president, Joe Biden, was aggressively criticized for being ignorant about cryptocurrencies.
Trump made a clear statement to the crowd that Biden does not know, and he also targeted the well-known chairman of the US Securities and Exchange Commission.
Trump also said the following:
(Gary) Gensler is very against it, the Democrats are very against it, but it’s no problem for me.
Latest on Meme Coins
In the midst of the March meme coin craze, meme coins representing both presidents emerged. It was observed that “Jeo Boden” and “Doland Tremp” rose in April. While the rise continued, at one point, “Jeo Boden” and “Doland Tremp” reached market values of $473 million and $83 million, respectively.
Upon hearing that a token mocking Joe Biden had a market value of $240 million, Trump made a sarcastic comment and said:
That’s a lot of money for a token, I didn’t like this investment.
BODEN rose to $0.377 after a 24.8% increase in the last 24 hours, while TREMP rose to $0.4786 after an 83% increase, and at one point, its price was seen to rise to $0.65.
