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Trump Supports Cryptocurrency, Boosting Market and Altcoins

Trump Supports Cryptocurrency, Boosting Market and Altcoins

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by Giorgi Kostiuk

a day ago


The cryptocurrency market is experiencing a period of renewed confidence due to Donald Trump's support for cryptocurrencies. There is a rising interest not only in Bitcoin but also in emerging altcoins.

Trump's Support and Market Impact

Donald Trump's support for cryptocurrencies, including Bitcoin, has led to renewed confidence in the market. Since his inauguration, Bitcoin has increased by 38%, highlighting its status as a 'safe-haven asset'. Legislative initiatives and positive signals from policymakers create favorable conditions for the growth of not only Bitcoin but also other altcoins.

Qubetics' Innovations in Cross-Border Transactions

Qubetics has introduced a revolutionary platform for blockchain application development focused on cross-border transactions. This system allows companies to create smart contracts to optimize settlements and minimize banking fees. For instance, a logistics company can utilize Qubetics to automate real-time payments using localized stablecoins.

Tron and Injective's Global Achievements

Tron is demonstrating impressive growth in daily transactions, which have increased by 95% over the past year, averaging 7 million transactions per day. This growth illustrates the network’s scalability capabilities. Meanwhile, Injective is showing potential for growth amid resilience and a focus on reaching new price heights.

Political and economic changes are creating new opportunities for the cryptocurrency market. Altcoins like Tron and Injective, along with projects like Qubetics, are showing significant growth and innovation, increasing their attractiveness among investors.

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