Trump’s Support Boosts Crypto Market Growth in 2024
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Former U.S. President Donald Trump made waves at the Bitcoin 2024 Conference in Nashville. He emphasized his strong support for crypto, saying, “I will also stop Joe Biden’s crusade to crush crypto.” Trump’s support boosts crypto. Despite a recent dip, the price remains healthy. With forces like ETFs and potential rate cuts ahead, the market is buoyant. Now is a great time to buy in.
Trump’s continued support, along with the potential for interest rate cuts, sets the stage for a bullish run in Bitcoin and the broader crypto market. As investors prepare for a shift toward exciting crypto assets, we highlight three promising ICOs: Poodlana (POODL), Solciety (SLCTY), and Minotaurus (MTAUR) as the best crypto buys in August.
Best ICOs to buy in August
With many looking for the top crypto picks this August, we’ve done the research and selected the top crypto ICOs ready to benefit from a BTC pump:
- Poodlana
- Solciety
- Minotaurus
1) Poodlana: The luxury crypto icon looks set for the big time
Introducing Poodlana, the latest glamorous entrant in the crypto space. Poodlana draws inspiration from high-end brands like Versace and shows great potential as a SOL-based meme coin. It’s making waves from Tokyo to Shanghai.
Over 80% of meme coin trading happens in the Far East, where Asia sets global trends. Poodles are also a must-have accessory in bustling Asian cities, and one of the top 3 breeds in China, Japan, and Korea. This gives Poodlana a unique cultural advantage. Trump’s support boosts crypto, further driving interest and investment in projects like Poodlana.
With inflation cooling and Bitcoin regaining ground, the market is primed for a bull run. Lower interest rates are expected to inject fresh capital into the crypto ecosystem. Investors are looking to diversify into alternative assets, pushing projects like Poodlana to new heights.
A gorgeous precedent has also been set by a range of Asian centric meme coins. Chinese Andy jumped nearly 400% in under a month, and PeiPei jumped by as much as 750% between June and July.
Currently priced at only $0.0416, Poodlana’s presale presents a hot opportunity for those eyeing the best ICO to buy in August. With $4.9m already raised and only 11 days left until DEX listing, demand for the Poodlana token is set to soar.
For more details, visit the Poodlana website.
2) Solciety (SLCTY): PolitiFi hotshot rising with election momentum
As the world gets caught up in the excitement of the 2024 elections, Solciety emerges as a leading contender in the fast-growing PolitiFi sector. It positions itself as the political party of the degens, campaigning for gains, memes, and more gains.
Solciety’s platform features a creative Meme Campaigner tool that allows users to generate and share satirical memes featuring a wide array of satirical political figures, from Donald Pump to Elongated Musk. This tool enables users to create lol-inducing viral meme content while offering SLCTY rewards for the most prolific posters. Basically, Solciety has its own degen-powered PR machine. Trump’s support boosts crypto, potentially driving more interest in Solciety as the political climate heats up.
The election and the current state of the cryptosphere mean solciety is pleasantly placed to ride two bullish waves; PolitiFi and Sol meme coins. PolitiFi has gone from basically nothing to a near $1 billion market cap in around 8 months, while Sol meme coins were barely a thing this time last year. Now they’re worth over $8 billion at press time.
Solciety’s 15-stage presale is in full swing, with a 3% price increase at each stage. Early investors stand to gain the most before the coin hits exchanges and election fever takes hold fully.
To join the degens’ party, visit the Solciety website.
3) Minotaurus (MTAUR): Navigating the blockchain maze
Minotaurus is a distinctive crypto project currently in its presale phase, offering promising potential and a unique gaming experience. The game, powered by blockchain, allows players to navigate intricate maze paths, collect in-game currency, and battle whimsical creatures. Players can use tokens to purchase in-game items, customize their characters, and unlock special zones, enhancing their overall experience.
The Minotaurus presale offers multi-layered incentives, including referral and vesting bonuses. Early participants can benefit from a dual-focused referral program and extend the vesting period for additional bonuses.
Choosing the best ICO for you in August
Identifying the best presale is always challenging, and the ideal choice depends on your priorities and investment strategy.
If you believe the US election will significantly influence the crypto market, Solciety might be a wise investment, as the political climate could drive market activity this year. Trump’s support boosts crypto, further solidifying Solciety’s potential. Meanwhile, for those focused on the strong Asian meme coin market, Poodlana is a compelling option.
Given the immense potential of these projects, many investors are diversifying their portfolios by holding all three of our choices:
- Poodlana
- Solciety
- Minotaurus