David Bailey, a crypto policy advisor and aide to Donald Trump, shared details of his discussion with the President. According to Bailey, Trump is committed to building a pro-crypto environment in the US through policy management.
Trump said that Bitcoin will witness unseen highs, and the US is going to ‘outcompete China or any other country that wants to take that away from us’. This statement confirms Trump’s new approach towards crypto. During his first term, he was quite skeptical about Bitcoin and other crypto assets, deeming them unregulated and volatile.
However, Trump’s latest presidential campaign was quite different in its attitude to cryptocurrencies. He openly expressed his support for the crypto economy and even accepted donations in crypto. What’s more, Trump is now eyeing Bitcoin as a key component to tackle the $35 trillion national debt. There are even talks of establishing a Bitcoin reserve at both the federal and state levels.
Bitcoin hit new highs when it crossed the $109,000 mark after Trump’s election as the POTUS. Since then, the price has cooled, with BTC currently trading at around $102,500. However, Bitcoin looks ripe for a fresh move, and with all the government support it’s getting, we may soon see BTC reach a new high.
Additionally, Trump also launched his own meme coin, $TRUMP. While it made good money for early investors and is still among the top cryptos in the world in terms of market capitalization, it has been tanking after the initial 2-day frenzy. The token has fallen from the high of $75 to $27, marking a 64% decrease.
Trump supporters aren’t happy with the dismal performance of $TRUMP. However, with Bitcoin rallying, it’s worth turning your attention to Wall Street Pepe ($WEPE). Just about sold out in its presale, and having raised some $63M, it’s shattered all the records in terms of prelaunch performance and ranks as one of the hottest crypto presales with the potential to make you a millionaire in 2025.
Why Should You Buy $WEPE?
Wall Street Pepe ($WEPE) is a frog-themed meme coin dedicated to empowering small-time investors. For long, the crypto markets have been dictated by a handful of whales with exclusive access to insider information. $WEPE is here to change that.
$WEPE token holders will get access to insider strategies, information, alpha calls, and market strategies. This community of token holders, known as the $WEPE army, will…
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