Table content
- Political meme currencies might forecast Bitcoin values and could potentially substitute conventional polls.
- Hayes points out that political meme currencies mirror authentic feelings, untainted by societal pressures and media influences.
Concerning $TRUMP, the token launched on the Friday prior to President Trump’s swearing-in, investor Arthur Hayes perceives it as more than merely another meme currency.
As a well-known writer and Chief Investment Officer of Maelstrom, Hayes noted in his recent article that the presidential connection of $TRUMP grants it a utility that surpasses typical financial instruments.
In $TRUMP, Hayes recognized several roles: forecasting Bitcoin price shifts, generating campaign contributions, and the possibility of functioning as a substitute for standard polling methods.
He believes these elements represent a new framework in the international cryptocurrency landscape.
“Trump enacted campaign finance reform in a single action, and I think he may not have even realized it,” Hayes stated.
He contends that when individuals can financially benefit from political achievements, it becomes simpler to cultivate a devoted supporter base.
There is ongoing discussion about whether those speculating on $TRUMP are genuinely gaining profits.
Furthermore, Hayes is convinced that politically themed meme currencies can serve as immediate gauges of a politician’s appeal.
“Political meme currencies offer zero-knowledge proof of political appeal,” he mentioned.
“As an individual, you can now discreetly back a politician by acquiring their meme currency—even if your peers might disapprove—without encountering social backlash. This provides politicians with a more precise gauge of public opinion.”
Ultimately, Hayes proposes that the market behavior of $TRUMP—possibly observed by Trump himself—could act as a measure for Bitcoin movements.
“I believe that if cryptocurrency sentiment improves, $TRUMP will spearhead Bitcoin,” he remarked.
“Should insiders think that the forthcoming policy will favorably influence cryptocurrencies, $TRUMP will experience a swift rise prior to the announcement—soon followed by Bitcoin.” Toncoin (TON) Value Forecast for March 26th
Cryptocurrency Market Overview
- Bitcoin has increased by 0.5% over the last 24 hours, now trading at $97,420.
- Ethereum has decreased by 0.1% today, currently valued at $2,700.
What We’re Monitoring
- XRP has surged notably following the SEC confirmation. Three elements are propelling its value—DL News
- Trump is reevaluating his cryptocurrency advisory group—Unchained
- What precisely occurred??—Milk Road
- Coinbase indicates that the “new phase” of cryptocurrency entails more rivals as profits surpass expectations—DL News
Andrew Flanagan serves as a market journalist for DL News. For insights, please reach out via email at [email protected].
