Bitcoin’s value is down dramatically compared to its high for the year, but macroeconomic indicators point towards a big comeback.
Donald Trump chose, as an example, the crypto-supporting senator J.D. Vance is Donald Trump’s running mate. In fact, he is the very first BTC-holder to be on a Presidential ticket.
In the beginning of this year, Trump’s campaign announced plans to accept donations made in cryptocurrency.
Donald Trump’s election as president could be good for cryptocurrency
These developments indicate a favorable environment for the cryptocurrency market in the event that Donald Trump is elected President of the United States again in 2024. This probability has increased since the attempted assassination attempt of former POTUS.
It is important to note that the benefits of an anti-cryptogovernment are not likely to only be available to Bitcoin and Ethereum. Poodlana, a recently-launched platform of smaller size, has the same chance in coming months to benefit from a pro-crypto government.
Take a look at the reasons why Poodlana could be a great investment for 2024.
Can Poodlana gain from the growth of fashion industry?
Poodlana, a blockchain-based project in its early stages of development, is powered by the popular meme coin “POODL”.
Statista estimates that the fashion industry, which is currently worth $770 billion, will be valued at $1.18 trillion in 2029.
Poodlana could also benefit from the growth of the meme coin industry, which has seen its value increase by more than $20 billion in just a few years after the COVID Pandemic.
On its website, you can get all the information that will help make an informed investment decision in POODL.
POODL pre-sale begins on 17th July
Poodlana is a promising investment at this time, as its presale will begin on the 17th of July (tomorrow).
This is important as it shows you are not late. You can buy POODL at pennies and make a profit as the price rises every 3 days.
Poodlana’s team has committed to listing on the DEX within 60 minutes of the end of the pre-sale. This is exciting. This will probably drive more investors towards POODL, and help unlock its next phase.
On its website, you can find out how to take part in Poodlana’s presale which begins tomorrow.
What the BTC Price Action Means for Poodlana POODL
It is important to note that Bitcoin’s strength does not always limit itself only to being the largest cryptocurrency in the world. Politics is not the only thing that can drive BTC prices up over the next few months.
The SEC, for example has approved Spot Bitcoin ETFs. And the cryptocurrency leader also went through the event of halving. By the end of 2024, it is anticipated that this supply-demand shock will help to boost its price well above its current YTD peak of $73,000.
Other cryptocurrencies could also benefit from the rally, as is their usual pattern. POODL could be one of these cryptocurrencies. It is possible.
Click here now to go to the website of Poodlana if you are convinced that parking some or all your money in Poodlana is a good idea.
The post is titled Is Poodlana a good investment as Trump selects a crypto-senator as his running mate. This post may change as new information becomes available
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