Former President Donald Trump recently declared support for crypto, altering his stance in 2024. “I am very positive and open minded to cryptocurrency companies, and all things related to this new and burgeoning industry,” he claimed, before taking aim at the current president, Joe Biden, whom he is up against in the 2024 presidential race, with the US election day scheduled on November 4.
“CROOKED JOE BIDEN, ON THE OTHER HAND, THE WORST PRESIDENT IN THE HISTORY OF OUR COUNTRY, WANTS IT TO DIE A SLOW AND PAINFUL DEATH. THAT WILL NEVER HAPPEN WITH ME!”
His comments were made ahead of his scheduled speech at the Libertarian Party’s National Convention in Washington on the same day.
Trump’s recent positive attitude towards crypto has raised expectations among the crypto industry of his potential victory. According to Polymarket, a New York-based crypto prediction platform, Trump has a 56% chance of winning the election, while current President Joe Biden holds a 38% chance.
This comes just after Trump announced his presidential campaign would accept cryptocurrency donations. On May 21, the Trump 2024 campaign said it had launched a fundraising page for eligible people to donate in crypto using the Coinbase Commerce product. The website has logos for Bitcoin, Either, Dogecoin, Shiba, and Solana. Along with Trump making positive public announcements about crypto, he has also reportedly met with crypto enthusiasts.
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