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Altcoin Market Cap Surges 10% After Recent Dip: Which Coin Will Rally Next?
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TRUMP token gains popularity amid MAGA’s Kraken listing speculation An official post by MAGA memecoin on X has triggered a newfound interest in the $TRUMP token. The tweet suggests that a Kraken listing could be on the way. A mysterious post recently made on X by the official account of MAGA Memecoin has set off a breakout of TRUMP trump 2.48% MAGA, a token in the MAGA ecosystem. The post claimed that Kraken, a well-known cryptocurrency exchange, is interested in listing the token and caused ripples in the token community. The post included a photo showing Kraken branding adjacent to the caption, “Whose ready?” sparking speculation about the token’s listing on the exchange. Steven Steele, MAGA Marketing Exec, stoked the hype even more. However, neither Kraken nor the MAGA team has released an official statement on the listing. Kraken, which is known for its stringent token vetting process, has included TRUMP on its public roadmap along with a handful of other tokens. TRUMP’s appearance on the list could signal an imminent listing, especially as MAGA‘s marketing team is gearing up for some action. TRUMP has started to pump with community engagement Recent price action shows increasing interest in the TRUMP token, as there has been a decline in transfer count after Dec. 8., anticipating people in the community to expect a Kraken listing. Coupled with this, a significant divergence has been seen between active addresses and the price of the TRUMP token, since Dec. 9. As the price dropped from Dec. 9 to Dec. 10, the number of active addresses started to rise again after a short dip. #TrumpToken #Trump #Kraken #cryptocurrency #CryptoNews
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TRUMP token gains popularity amid MAGA’s Kraken listing speculation
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Avalanche CEO calls for freezing Satoshi-era million Bitcoins amid quantum computing concerns
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El Salvador’s Bitcoin Gain Passed $333 million Salvadoran President Nayib Bukele took to social media to draw attention to the nation’s unrealized profits from its Bitcoin following the cryptocurrency’s first-ever $100,000 surge. The cryptocurrency community celebrated when Bitcoin hit $100,000 for the first time this month. Bukele was asked to share El Salvador’s Bitcoin portfolio. In response, Bukele posted on X the amount of Bitcoin held by the nation. His most recent report showed the nation has spent almost $270 million on Bitcoin since it first adopted the cryptocurrency. The unrealized gains totaled over $333 million, and no Bitcoin has been sold. Bitcoin was first accepted as legal tender in El Salvador. El Salvador had been on a Bitcoin buying spree ever since Bukele committed to purchasing one Bitcoin every day on the 17th of 2022, announcing a dollar-cost averaging (DCA) strategy. According to the website Nayib Tracker, which tracks the nation’s Bitcoin holdings, El Salvador has 6,180 BTC. The average price to buy Bitcoin is $44,740, which indicates that the nation has experienced a 122 percent increase in market prices. El Salvador has reported additional advantages since embracing Bitcoin in addition to BTC profit. The nation’s adoption of Bitcoin increased travel as well. The International Monetary Fund (IMF) has continuously urged El Salvador to reevaluate its Bitcoin policies, notwithstanding the nation’s alleged success. The IMF acknowledged the potential for greater financial inclusion but requested that El Salvador cease accepting Bitcoin as legal tender on May 25, 2022, citing threats to financial stability. El Salvador was once again urged by the IMF to relax its Bitcoin regulations. Julie Kozack, IMF’s director of communications, suggested reducing the country’s Bitcoin Law’s reach and limiting the public sector’s exposure to the cryptocurrency. #ElSalvadorCryptoWealth #bitcoin100k #cryptomarket #ElSalvadorBTC #CryptoNews
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