Pepe

David Vance

Bitcoin

Chainlink

Donald Trump

<img src="https://cdn.thebittimes.com/images/2024/06/06/1717639146.webp" width="800" height="600" style="display: block; margin-left: auto; margin-right: auto;">
The current CEO of Bitcoin Magazine, David Bailey, and a crypto advisor to the Trump campaign have recently had an interesting <a href="https://x.com/WuBlockchain/status/1795410285085573144?t=pMIqFD0wAeIqNff31669Lg&amp;s=19" target="_blank" rel="noopener noreferrer nofollow">conversation</a>. In the first meeting, the US presidential candidate Donald Trump asked whether it would be feasible to eliminate the national debt in America with Bitcoin.
Bailey, not prepared to have the conversation at that point, still offered a hint that he did have some solutions in mind. It will interest you to know the US national debt is currently at an all-time high of $34.77 trillion and rising, which is a huge problem for the country.&nbsp;
<h2 dir="ltr" id="span-what-does-this-mean-for-the-crypto-sector-span">What Does This Mean for the Crypto Sector?</h2>
Currently, one of the US presidential candidates, Donald Trump, has shown the biggest support for cryptocurrencies from the time he started his re-election campaign. Besides being the first presidential candidate to accept donations in cryptocurrencies, he has also vowed to support them if re-elected.
This is not the first time Bitcoin has been advertised as a means of solving a country’s financial problems. Earlier this year, investors like Michael Saylor have been advocating for Bitcoin as a hedge against inflation. This move could spark massive adoption of cryptocurrencies and massive price gains.&nbsp;
<h2 dir="ltr" id="span-the-span-span-top-altcoins-span-span-to-buy-ahead-of-the-elections-span">The Top Altcoins To Buy Ahead of the Elections</h2>
With the crypto gearing for a massive price surge, below are the five best cryptos to invest in ahead of the forthcoming elections;
<ol>
 <li dir="ltr" aria-level="1"><h2 dir="ltr" role="presentation" id="span-kangamoon-kang-span">KangaMoon (KANG)</h2></li>
</ol>
KangaMoon (<a href="https://kangamoon.com/" target="_blank" rel="noopener noreferrer nofollow">KANG</a>) is one top altcoins that has been on the lips of analysts since the beginning of this year. One reason for this is that KangaMoon is different from other memecoins. It has adopted a Play-to-Earn and Social-Fi model, which makes it a good crypto to buy this bull season.&nbsp;
Using this model, the holders of KangaMoon can participate in games on the KangaMoon platform and get back the rewards. KANG is the token that is earned as a reward for the fights and contests that are won. Apart from KANG, there are other rewards such as NFTs and, in certain cases, even real money.
KANG token can be used to purchase NFTs, gaming assets, and other products on KangaMoon making it very useful and has attracted investors and major crypto platforms. Recently, the KANG token was added to the listing on popular aggregator sites such as CoinMarketCap and CoinGecko.
A top crypto exchange, BitMart plans to list KANG in the coming days. This shows that the adoption of the memecoin is growing and could lead to a massive price pump in the coming weeks. KANG is currently priced at $0.025, an increase of 400% from its first price. Analysts are forecasting the price of the meme coin to reach $1 soon.
<ol start="2">
 <li dir="ltr" aria-level="1"><h2 dir="ltr" role="presentation" id="span-pepe-pepe-span">Pepe (PEPE)</h2></li>
</ol>
Analysts have tagged the Pepe (PEPE) memecoin as one of the best cryptos in the market right now. The meme coin has been on an upward price movement in the past month, posting double-digit gains on the weekly and monthly price charts.
This bullish price movement has attracted huge whale and retail activity to the Pepe Coin ecosystem. The latest data received from <a href="https://app.intotheblock.com/?end_offset=50&amp;filter_by=timeRange%3A%3A30d" target="_blank" rel="noopener noreferrer nofollow">IntoTheBlock</a> shows that the daily active addresses holding PEPE have increased 230% to 9,830, outperforming the growth of other memecoins like Floki and Dogecoin. Analysts have predicted the price of Pepe to rise to $0.00002617 this year.
<ol start="3">
 <li dir="ltr" aria-level="1"><h2 dir="ltr" role="presentation" id="span-fantom-ftm-span">Fantom (FTM)</h2></li>
</ol>
Fantom (FTM), the Directed Acyclic Graph (DAG) protocol, is gaining momentum in the crypto market. The <a href="https://x.com/FantomFDN/status/1795485914535444701" target="_blank" rel="noopener noreferrer nofollow">latest development</a> about the project is that Google Cloud has joined the blockchain platform as one of the key nodes validator. Google Cloud will also enable the developers to build intelligent DApps on the Fantom platform with the help of its AI and facilities.
So, despite the fact that the Fantom network provides high transaction speeds and high scalability, there will be more advantages in using Google Cloud infrastructure. Such incentives might bring more developers and DApps to the Fantom network which might have a positive impact on the altcoin price in the next few weeks. It is forecasted that there will be a possibility of the price moving up to $1.96 soon.
<ol start="4">
 <li dir="ltr" aria-level="1"><h2 dir="ltr" role="presentation" id="span-ethereum-eth-span">Ethereum (ETH)</h2></li>
</ol>
Market experts have not stopped showing support for Ethereum (ETH), the largest altcoin by market. They believe the recent approval of spot Ethereum ETFs will drive more traffic to the market like it did for Bitcoin.
Currently, data from <a href="https://cryptoquant.com/insights/quicktake/66548e7121cb350988d1248f-The-surge-in-new-Ethereum-accumulation-addresses" target="_blank" rel="noopener noreferrer nofollow">Cryptoquant</a> shows that the number of addresses holding Ethereum is on the rise. The total addresses have passed 3,700 wallets as they await the price rally coming in the next few weeks. Analysts predict the price of Ethereum to rise as high as $8k.
<ol start="5">
 <li dir="ltr" aria-level="1"><h2 dir="ltr" role="presentation" id="span-chainlink-link-span">Chainlink (LINK)</h2></li>
</ol>
Chainlink (LINK) is one of the altcoins that have been recommended as some of the best cryptos to watch this year. Crypto analyst Michael Van de Poppe in a recent <a href="https://x.com/CryptoMichNL/status/1795039747645346144" target="_blank" rel="noopener noreferrer nofollow">tweet</a>, said that there is a possibility for Chainlink to increase by 150-300% in the next trading sessions.
According to him, the altcoin price has woken up from the support area and is getting prepared to begin an upward price movement that will take it to new highs. So, investors should keep an eye on Chainlink in the coming months.
<h2 dir="ltr" id="span-conclusion-span">Conclusion&nbsp;</h2>
Trump’s latest remarks on using Bitcoin to solve the national debt issue of the US shows he has faith in the power of cryptocurrencies. With the US election on the way, a pro-crypto supporter like Trump winning will be good news for the crypto industry. This could increase the adoption of crypto which makes Pepe, KangaMoon, Fantom, Ethereum, and Chainlink some of the best cryptos to invest in ahead of the election.
Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!
Website: <a href="https://kangamoon.com/" target="_blank" rel="noopener noreferrer nofollow">https://Kangamoon.com/</a>
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Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/trump-to-use-bitcoin-to-solve-us-national-debt-problem-top-5-cryptos-that-could-gain-attention-in-2024-tbt91579.html">https://thebittimes.com/trump-to-use-bitcoin-to-solve-us-national-debt-problem-top-5-cryptos-that-could-gain-attention-in-2024-tbt91579.html</a>

Trump To Use Bitcoin To Solve US National Debt Problem; Top 5 Cryptos That Could Gain Attention in 2024

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