There are now only 11 days until the US presidential election 🇺🇸
Will the pro-Bitcoin candidate win? 🚀
As the 2024 U.S. presidential election draws near, we see that Trump is not only at the center of political headlines but also at the center of financial headlines. World Liberty Financial (WLFI), a decentralized financial project and new crypto token associated with former U.S. President Donald Trump and his family, announced its public offering and token launch, which will go live on October 15, 2024. The news has created a great deal of interest in the crypto market and world crypto space. WLFI plans to raise $300 million at a valuation of $1.5 billion, a massive fundraising target based not only on the resurgence and growth of the DeFi market but also on the influence of the Trump family.
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https://yesmining.io/en/trumps-crypto-platform-wlfi-is-this-a-positive-signal-for-mining/There are more important issues American voters are considering besides cryptocurrencies. Yeah, America has a high number of crypto owners and companies but issues like immigration, abortion, gun control, tax, foreign policy, etc are more important. Bitcoin took the front role in this year's campaign when a former anti-Bitcoin politician suddenly began to show interest in the sector. Nobody knows his intentions but there are speculations that he is just using it to get some votes and financial support through donations. But the introduction of a token backed by his family is a signal that he might be interested in the sector for profit making.
From recent polls, Trump and Harris are in a tight race so it will not be a surprise if any of them wins. It is only when he wins that we might get a clear picture of the reason he is speaking good of Bitcoin.