Former U.S. President Donald Trump has expressed his belief that the United States should strive to be the leader in the cryptocurrency industry. In a post on the social media platform Truth Social, owned by Trump Media and Technology Group (TMTG), Trump stated that there should be no second place for the country in this field. He emphasized his positive and open-minded stance towards cryptocurrency companies and the growing industry. Trump’s comments were made ahead of his scheduled speech at the Libertarian Party’s National Convention in Washington.
Trump’s recent endorsement of crypto has raised expectations within the industry of his potential victory. According to Polymarket, a crypto prediction platform based in New York, Trump has a 56% chance of winning the 2024 presidential election, while current President Joe Biden holds a 38% chance.
In line with his pro-crypto stance, Trump’s presidential campaign has announced that it will accept cryptocurrency donations. The campaign launched a fundraising page that allows eligible individuals to donate using Coinbase Commerce. The website featured logos of popular cryptocurrencies such as Bitcoin, Ether, Dogecoin, Shiba, XRP, USD Coin, SOL, and 0x.
Furthermore, it has been reported that Trump has met with crypto enthusiasts, indicating his interest in the industry. As previously covered by Cointelegraph, individuals who purchased Trump’s “Mugshot” non-fungible tokens (NFTs) had the opportunity to dine with him at his Mar-a-Lago residence. This dinner was part of the agreement associated with buying the digital trading cards, which feature Trump’s mugshot taken during his surrender at the Fulton County Jail in Georgia.
Overall, Trump’s positive stance on cryptocurrency and his engagement with the industry have positioned him as a potential game-changer in the upcoming presidential race, as he aims to secure the top spot for the United States in the crypto world.