Former US President Donald Trump announced today that he would allow cryptocurrency to be used for his campaign donations.
In several videos Clip Uploaded by non-fungible token creator and influencer Frank Degods to his NFT He plans to accept campaign donations in cryptocurrency.
“If you can’t do it, I will make sure you can,” Trump said. “Can I donate to the Trump campaign using cryptocurrency? I believe the answer is yes.”
Trump too said President Joe Biden is part of the crowd that “doesn’t know” what cryptocurrency is. He added, “If you like cryptocurrency in any form, and it comes in many different forms, then you are better off voting for Trump.”
Trump appears to have made this remark at a meeting he hosted. Meet and dine with “Mugshot Edition” NFT buyers A day off from trial. Those invited to the dinner individually purchased more than 47 NFTs, each priced at $99, Axios. reportedQuote copy of dinner invitation.
“We did it when NFTs weren’t popular. “We made NFTs hot again,” Trump said. Added.
In response to question On whether to keep cryptocurrency businesses in the United States, Trump said he would work to keep them there. “If cryptocurrencies move out of the United States due to hostility toward cryptocurrencies… Well, we’re going to stop this. We don’t want that,” Trump said. “If we’re going to accept it, we have to make sure they’re here.”
According to CoinMarketCap, the “Jeo Boden” memecoin, a joke token based on U.S. President Joe Biden, surged 18.5% in the past 24 hours as of 10:40 PM ET on Wednesday following President Trump’s comments regarding the token. I did. data.
“That’s too much money for one coin. I don’t like that type of investment,” Trump said. Listening The market capitalization of BODEN tokens is $240 million.
Electric Capital co-founder Avichal Garg wrote post “It’s amazing to see the evolution” of Trump’s take on cryptocurrencies, he said. “Whoever is coaching him on this issue is tearing it down,” Garg said. If Biden remains anti-crypto, he added, “the downstream consequence is that crypto goes from anti-Gensler to anti-Biden to anti-democrat.”
Trump is currently the Republican candidate for the upcoming November 2024 US presidential election. The Trump campaign did not immediately respond to The Block’s request for further comment.
Update: Added more details about BODEN tokens.
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