The price of bitcoin experienced a challenging May, dipping below $60,000 to reach a low of $56,500 per unit on May 1, 2024. Currently valued at $66,900 per unit, bitcoin’s price is showing improvement as June approaches. The founder of the onchain and market data platform Cryptoquant has noted that the bull run is at […]
Port Charlotte, United States, June 2nd, 2024, Chainwire
$TRUMP Coin: A Revolutionary Cryptocurrency with Real-World Utility and Philanthropic Mission.
TrumpCrypto.io is excited to announce the launch of the $TRUMP Coin Initial Coin Offering (ICO), a groundbreaking cryptocurrency designed to merge digital innovation with tangible real-world benefits. With a total supply of 8,000,000,000 tokens and a pre-sale price of 0.016 USDT per token, $TRUMP Coin offers a unique investment opportunity.
Why choose this $TRUMP Coin?
$TRUMP by TrumpCrypto.io is more than just a cryptocurrency; it is a comprehensive ecosystem offering practical uses and supporting meaningful causes. The whitepaper outlines the core features:
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Robust Ecosystem: $TRUMP Coin is an ERC-20 token on the network, aimed at creating a dynamic ecosystem with real-world applications.
Charitable Contributions: Demonstrating the commitment to social responsibility, 10% of the total project profits are donated monthly to Disabled American Veterans, aiding those who have served. Additionally, a 0.25% burn fee on transactions is donated to the Trump National Committee Joint Fundraising Committee.
Merch Store Integration: Holders can use $TRUMP Coin to purchase a variety of products from the upcoming exclusive Merch Store, including clothing, digital artwork, and other merchandise. This integration ensures that $TRUMP Coin has immediate utility for its users.
Loyalty Rewards: Long-term holders of $TRUMP will benefit from a loyalty rewards program, offering discounts, early access to new products, and special promotions.
Tokenomics and Pre-Sale Details
Total Supply: 8,000,000,000 $TRUMP tokens.
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Pre-Sale Price: 0.016 USDT per $TRUMP token (+ Bonus)
These pre-sale terms offer early investors a prime opportunity to engage with $TRUMP Coin at an attractive rate.
Participate in $TRUMP Pre-Sale
Investment Potential
Investing in $TRUMP Coin means becoming part of a project with a clear roadmap for growth and a dual focus on utility and philanthropy. The strategic development plan outlined in our whitepaper ensures that $TRUMP Coin will be a formidable presence in the digital currency market.
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Participate in the #1 Trump Coin ICO to not miss out.
TRUMP Coin invites investors, technology enthusiasts, and the broader community to participate in the $TRUMP Coin ICO and support this innovative venture. For more information, users can visit the website at trumpcrypto.io and review the comprehensive whitepaper.
About $TRUMP Coin
$TRUMPCoin is a pioneering cryptocurrency project dedicated to creating a stable, transparent, and efficient digital currency with a focus on real-world utility and philanthropic contributions. Their mission is to create a token offering a real-world use with direct impact on real-world events.
Rav LLC is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.
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ContactKyle NelsonRav LLCweb3@trumpcrypto.io
This article was originally published on Chainwire
The past weekend in the world of cryptocurrency was nothing short of eventful. From the MAGA Coin’s surprising leap to the resilience of memecoins amid Bitcoin and Ethereum’s dips, there was no shortage of intriguing developments. Let’s dive into the highlights.
MAGA Coin’s Remarkable Rise: The MAGA Coin saw a significant jump following ex-president Donald Trump’s endorsement of cryptocurrency. The former leader suggested that crypto enthusiasts should vote for him, resulting in a notable surge in the value of the MAGA Coin. Read the full article here.
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Memecoins Defy Market Dips: Despite the downturns experienced by Bitcoin and Ethereum, memecoins like Shiba Inu and Dogwifhat posted double-digit gains. This unexpected resilience has left many market watchers intrigued. Read the full article here.
See Also: Bitcoin, Ethereum, Dogecoin Edge Lower As Inflation Fears Grip Investors: Less And Less Of King Crypto Available For Masses, An ‘Enormous’ Bull Market Inevitable, Says Analyst
Market Bounce Back on the Horizon?: Despite the “Holiday Weekend Blues” that saw Bitcoin, Ethereum, and Dogecoin take a hit, popular trader Capo of Crypto suggests that the market is poised for a bounce back. Read the full article here.
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Patience Pays Off for Shiba Inu Investor: A Shiba Inu investor turned a $2,625 investment into a staggering $1.1 million after 3.5 years of inactivity. This incredible return on investment is a testament to the potential of the so-called ‘Dogecoin Killer.’ Read the full article here.
Altcoins Set for Major Rally: According to pseudonymous analyst TechDev, altcoins are entering a ‘textbook markup’ phase, predicting a major rally in the offing. This forecast comes as a beacon of hope for altcoin investors amid the recent market turbulence. Read the full article here.
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Read Next: ‘Dogecoin Killer’ Shiba Inu’s Burn Rate Spikes Nearly 250% As Whales Show Interest In The Memecoin
Photo via Shutterstock
This story was generated using Benzinga Neuro and edited by Anan Ashraf.
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Market News and Data brought to you by Benzinga APIs
For those unfamiliar with cryptocurrency, this is a major milestone in Asia and across the world as it opens the road for adoption and investment in cryptocurrency, moving the asset class from niche to mainstream. Although the US allowed spot bitcoin ETFs in January, it only recently approved applications to list spot ether ETFs; a second round of approvals will be needed before the products can begin trading. The US’ decision on ether ETFs came a month after Hong Kong became one of the first in the world to approve them.
Hong Kong’s first-mover advantage could attract a new wave of fintech activity and talent to the region, leveraging its forward-thinking regulatory framework. These steps have promoted the city as a global digital asset hub.
Hong Kong already has plans to maintain its advantage over the US by looking at strategic ways to keep developing as a cryptocurrency hub. It could do this by approving advanced financial products before the US does. For example, Hong Kong could allow yield-earning options such as ether ETF staking.
Prices of cryptocurrencies against the US dollar are displayed on a screen in Hong Kong on February 29. Photo: Bloomberg
Staking involves locking cryptocurrency tokens to a blockchain network for a set period of time to earn rewards, a practice that the US might be slower to approve. Hong Kong taking a progressive stance would not just be a regulatory success but an indirect endorsement of the potential of decentralised finance. This momentum could draw fintech investment to the region.
Encouraging foreign direct investment is crucial to Hong Kong’s economic recovery. A key move in this direction is the decision by Hong Kong’s Securities and Futures Commission to allow the tokenisation of securities and regulated funds. This means that traditional financial assets, like stocks and bonds, can now be represented digitally, making them easier to trade and manage. This approach has already attracted serious investment, with Bank of China International Holdings issuing about US$28 million worth of these digital securities.
Hong Kong is also becoming one of the main destinations for major cryptocurrency conferences, which are drawing foreign investment from venture capitalists into local cryptocurrency start-ups. In 2023, the Web3 Festival attracted a crowd of 50,000 attendees, including many investors from around the world. These events, which some have referred to as “cryptocurrency tourism”, bring high earners to Hong Kong, who boost the local economy through their spending and investment.
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Overall, Hong Kong is showing the world that cryptocurrency can be regulated reasonably while maintaining an innovative environment. This is likely to impact Hong Kong’s wider financial position. Such regulatory clarity is likely to attract more start-ups and established companies, especially if cryptocurrency start-ups move from the US looking for a friendlier climate to support their growth and innovation.
Additionally, this regulated environment reassures global investors which could enhance Hong Kong’s reputation as a secure and innovative financial hub, boosting investment and job creation in related fields, and driving further economic growth.
Developing the cryptocurrency sector could help alleviate Hong Kong’s talent shortages. Nearly three-quarters of employers in Hong Kong are experiencing talent shortages, exacerbated by a 1.6 per cent population drop by mid-2022. Hong Kong’s ageing population, with 30 per cent expected to be aged 65 and above by 2040, could further intensify this issue.
Hong Kong government efforts, including the Top Talent Pass Scheme, altogether attracted 90,000 skilled workers to the city in 2023. However, continuous efforts to make Hong Kong a hub for cryptocurrency innovation, an industry primarily led by young people, could help reverse the brain drain that the city is experiencing.
Hong Kong’s rise as Asia’s cryptocurrency hub, while not guaranteed, is well-supported by its progressive regulatory environment. Challenges such as red tape in other jurisdictions and talent shortages persist, yet the dynamic cryptocurrency sector could attract and retain talent. The recent US decision on ether ETFs highlights the widening adoption of cryptocurrency assets, making it even more important for Hong Kong to stay competitive.
As global institutions seek clarity and innovation, Hong Kong stands out as an ideal location to set up shop. With its strategic initiatives, Hong Kong is poised to take the lead in the evolution of the finance industry, attracting both companies and professionals to the city.
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Danny Chong is CEO and co-founder of Tranchess, a decentralised yield-enhancing asset tracking and management protocol
