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Home»Headlines»Former President Trump’s Speech at Republican National Convention Fuels Cryptocurrency Surge
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Former President Trump’s Speech at Republican National Convention Fuels Cryptocurrency Surge

News RoomBy News RoomJuly 16, 2024No Comments2 Mins Read
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The recent Republican National Convention, coupled with an attempted assassination against former President Donald Trump, has caused a notable impact on various markets, particularly in the cryptocurrency realm. Despite the incident, cryptocurrencies like Bitcoin, Ethereum, Solana, and the meme coin Solciety are experiencing significant gains as speculation of favourable regulations under a potential Trump administration power the bullish trends. Pawfury (PAW) remains a standout with its high-yield staking rewards and attractive entry opportunities in the midst of market volatility.

Former President Donald Trump is scheduled to speak at this week’s Republican National Convention, just days after an attempted assassination against him. This event has had a notable impact on various markets, including cryptocurrencies like Pawfury (PAW).

The incident led to a surge in cryptocurrency prices, with Bitcoin rising to over $63,000, its highest in two weeks. Ethereum (ETH) and Solana (SOL) also saw significant gains, climbing above $3,300 and $150, respectively. This surge is further fueled by speculation of favorable regulations for cryptocurrencies under a potential Trump administration. Pawfury (PAW) offers a robust ecosystem with high-yield staking rewards featuring competitive APY, making it an attractive option for investors seeking stable returns amidst market volatility.

In parallel, the presale of the Solana meme coin Solciety (SLCTY) has seen increased activity. Inspired by political events, SLCTY aims to dominate the political meme coin space, also known as PolitiFi, with a unique approach to political satire. Meanwhile, Pawfury (PAW) continues to stand out with its low-entry presale price, providing an accessible opportunity for early investors. Note that the presale is selling out quickly, and to celebrate its success, for a limited time, Pawfury investors can get a 10% extra bonus by simply adding the promo code CRYPTOPAW10X.

The attempted assassination has also shifted prediction markets, raising Trump’s odds of winning the next presidential election, further influencing cryptocurrency market sentiments. Factors like the end of a large Bitcoin sell-off by the German government and a weakening U.S. dollar have also contributed to the bullish trend in cryptocurrencies. As these dynamics unfold, Pawfury (PAW) continues to attract considerable attention from investors, thanks to its promising yield potential and robust ecosystem.

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