Jeo Boden

2024

Biden

Doland Tremp

<h2 id="key-points">Key Points</h2> 
<ul> 
 <li>The 2024 US election is influenced by the growing number of crypto users, with Trump gaining crypto support.</li> 
 <li>The stance of presidential candidates towards crypto is causing division, with Biden facing criticism for his anti-crypto approach.</li> 
</ul>  
<p>The 2024 US election, now referred to as the “Bitcoin Election”, is being significantly impacted by the increasing number of crypto users.</p> 
<p>The rise in crypto users, from 4.94 million in 2017 to a projected 87.77 million in 2024, is reshaping economic landscapes and influencing political agendas.</p> 
<h2 id="presidential-candidates-and-crypto">Presidential Candidates and Crypto</h2> 
<p>The two presidential candidates, Trump and Biden, have differing views on crypto, causing division.</p> 
<p>Former President Trump has shown support for crypto, with Marathon Digital Holdings CEO Fred Thiel stating that Trump has positioned himself as the pro-bitcoin candidate.</p> 
<p>In contrast, President Biden appears to have an anti-crypto stance, with Thiel noting that the Biden administration has been hostile to bitcoin.</p> 
<p>Billionaire entrepreneur Mark Cuban also expressed concerns about Biden’s stance on crypto, warning that regulatory hurdles could harm his reelection chances.</p> 
<h2 id="trump-s-crypto-support">Trump’s Crypto Support</h2> 
<p>Trump’s support for crypto has attracted donations from influential figures such as the Winklevoss twins, founders of the cryptocurrency exchange Gemini, who donated $1 million worth of Bitcoin to Trump’s campaign.</p> 
<p>This support suggests that Trump’s stance on crypto could be a deciding factor in the upcoming election.</p> 
<p>The political rivalry between Trump and Biden is also reflected in the memecoin market, with the Trump-inspired memecoin Doland Tremp [TREMP]&nbsp;seeing a 20.2% increase, while the Biden-inspired coin, Jeo Boden [BODEN], was down by 3.3%.</p>

Biden’s Bitcoin Stance Deemed ‘Hostile’ by Marathon Digital’s Chief Executive

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