Donald Trump once again passed a crypto-supportive statement to show his support for the crypto sector ahead of the US presidential election.
Donald Trump is the former US president and currently running for the US presidential election. This year, Trump changed his stance on this innovative sector & passed multiple statements to show himself as a big supporter of the crypto adoption in the US jurisdiction.
On 7 June 2024, Donald Trump reportedly said during his fundraiser event that he would be the crypto president.
Trump supported cryptocurrency via crypto friendly statements and criticised the Democrats for trying to regulate it. He promised that if he becomes president again, he will stop the Biden Administration and the American securities regulatory body’s chairman Gary Gensler’s efforts to control the crypto market within an hour. Trump declared he would be the president who supports cryptocurrency.
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Earlier this week, Trump officially met with the world’s richest person Elon Musk & talked about crypto regulation in the US jurisdiction.
Because of Trump’s increasing inclination & support for the crypto sector, many political experts claimed that there is a huge chance that the current US president Joe Biden may start to show his support for cryptocurrencies.
Trump ($MAGA) price action
In the present time, many meme crypto tokens inspired by Donald Trump are trading in the crypto space. One of the top Trump-inspired meme Crypto tokens is $MAGA.
Following the latest statement by Trump, the trade price of $MAGA surged from $11.6 to $13.72 but later trade price retraced back.
The current trade price of the $MAGA token is $12.84 & this trade price is 106% higher over the last 30-day period.
Read also: Donald Trump’s victory in the election may push Bitcoin to $150k
https://bitcoinik.com/donald-trump-declares-he-will-halt-biden-secs-attack-on-crypto-within-one-hour-of-a-second-if-re-elected/feed/
https://bitcoinik.com/donald-trump-declares-he-will-halt-biden-secs-attack-on-crypto-within-one-hour-of-a-second-if-re-elected/feed/
