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US Politicians Stand Behind Bitcoin & Crypto – Presidential Candidates Advocate Bitcoin Accumulation Which Could Start a Bull Rally

August 18, 2024
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5 min read

This is a Crypto Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email business@techpoint.africa

US Senate Cryptocurrency

Crypto is a wild ride as you all know it, and it’s living up to its reputation with each day.

Last week was one of the worst for the blockchain this year, with every major project recording at least a 30% price dump. This happened due to the massive sell-off which occurred across all financial markets.

Now, however, rumours are circulating that we might be on the brink of a new bull run and that it could be the biggest one yet.

This was started when the presidential candidates Donald Trump, Robert F. Kennedy Jr., and US Senator Synthia Lummis proposed their plans for Bitcoin accumulation over the coming years.

The plan’s details differ from each other, but they will all have the same effect on the market – A major bull run and a period of extreme crypto prosperity.

While all of this news is great, we’ll still have to wait for quite some time until and if they come to fruition. 

Which is why we wanted to show a presale that’s been going for quite some time and is nearing its end in August – PlayDoge ($PLAY).

Let’s take an in-depth look at each of these proposals and show you how you could profit from $PLAY in the upcoming months.

NURTURE YOUR DIGITAL PUP TO RICHES! EMBRACE PLAYDOGE AND WATCH YOUR PORTFOLIO GROW WITH EVERY WOOF!

U.S. Politicians' Bold Bitcoin Plans: What They Mean for the Future of Crypto

In a surprising twist, the 2024 U.S. presidential race has seen candidates making waves in the crypto space with ambitious Bitcoin proposals. 

At a recent conference in Nashville, Donald Trump, Robert F. Kennedy Jr., and Senator Cynthia Lummis each laid out plans to bolster the U.S. government’s Bitcoin reserves, sparking excitement and debate within the crypto community.

Donald Trump’s Plan to HODL 210,000 BTC

Donald Trump delivered a speech that was equal parts comedy and crypto bullishness. 

While details were sparse, Trump made it clear that he intends to keep the U.S. government’s current stash of 210,000 BTC—seized from criminal assets—if elected. 

His commitment to holding onto this Bitcoin reserve could be seen as a significant bullish signal for the market, though some question whether he fully grasps the implications of his plan.

Robert F. Kennedy Jr.’s Audacious 4 Million BTC Proposal

RFK Jr. took a more aggressive approach, proposing that the U.S. government should acquire a staggering 4 million BTC, which represents about 20% of the total Bitcoin supply. 

He suggested a day-one executive order directing the Treasury to purchase 550 BTC daily until this reserve is built, while also transferring the existing 210,000 BTC to the Treasury. 

This bold move has critics questioning his motives, but it undeniably demonstrates a strong commitment to integrating Bitcoin into the U.S. financial system.

Senator Cynthia Lummis’ Moderate 1 Million BTC Plan

Senator Cynthia Lummis offered a more measured proposal, aiming to establish a 1 million BTC reserve over five years. 

Starting with the 210,000 BTC already in the government’s possession, her plan involves acquiring an additional 790,000 BTC. 

Lummis envisions this Bitcoin reserve as a tool to help reduce the national debt by 2045, presenting a long-term vision for Bitcoin's role in the U.S. economy.

What These Proposals Mean for Bitcoin

The idea of the U.S. government significantly increasing its Bitcoin reserves is a game-changer for the crypto market. 

If any of these proposals come to fruition, the impact on Bitcoin’s demand—and consequently, its price—could be enormous. 

However, these plans face substantial hurdles, including election outcomes, legislative approval, and coordination with the U.S. Treasury. 

Regardless, the fact that Bitcoin is being seriously discussed at this level of politics is a monumental development for the crypto world.

If you don’t feel like waiting months and years for all of this to come true, we suggest that you take a look at PlayDoge, a $9 million strong presale that will deliver on its promises much sooner than the US politicians.

PlayDoge – Reviving Tamagotchi Nostalgia with a Web3 Twist 

PlayDoge breathes new life into the beloved Tamagotchi craze of the 90s, blending nostalgia with modern blockchain technology and the popular Doge meme culture. 

Bitcoin gets US Politicians' backing - Playdoge on the rise!

At its core, PlayDoge allows users to nurture digital Shiba Inu pets while earning crypto. As players care for their virtual companions, they accumulate experience points (XP) that can be converted into $PLAY tokens. The game offers multiple avenues for token acquisition:

  1. Tending to the well-being of the digital pet
  2. Participating in engaging mini-games
  3. Completing various in-game objectives

PlayDoge incentivizes dedication through a leaderboard system, where top-ranked players receive additional tokens and exclusive rewards. 

However, the game strikes a balance between engagement and accessibility. Unlike its predecessor, PlayDoge adopts a more forgiving approach, eliminating the need for constant attention to your virtual pet. 

This design choice makes the game appealing to both nostalgic enthusiasts and newcomers alike.

Despite recent market volatility, the Web3 gaming and Metaverse sectors continue to attract substantial interest. This ongoing trend has led many analysts to express optimism about PlayDoge's room for growth and success.

By seamlessly integrating nostalgic gameplay with blockchain technology, PlayDoge offers a unique experience that resonates with multiple generations of gamers.

UNLEASH YOUR INNER DOGE! INVEST IN $PLAY AND EXPERIENCE THE FUSION OF GAMING AND CRYPTO GAINS!

PlayDoge ($PLAY) ICO Surpasses $6M: Investors Flock to Secure Tokens at Discounted Rates

PlayDoge's Initial Coin Offering (ICO) has demonstrated remarkable momentum, surpassing $6 million in funds raised just two months after its launch. 

PlayDoge PLAY 2 1

The project's presale phase kicked off with impressive traction, accumulating $2.5 million in its first 10 days. This strong performance has continued, with no signs of deceleration.

Currently, PLAY tokens are priced at $0.00529, attracting investors eager to secure their position before potential price increases in subsequent presale stages. The investment process has been streamlined for accessibility:

  1. Visit the PlayDoge website
  2. Connect a compatible crypto wallet (e.g., MetaMask)
  3. Purchase tokens using Ethereum (ETH), Binance Coin (BNB), or credit/debit card

The PlayDoge tokenomics features a capped total supply, with 4.7 billion tokens allocated for the presale. The remaining tokens are distributed across community rewards, liquidity provision, marketing efforts, and staking incentives.

BREAK FREE FROM BORING INVESTMENTS! DIVE INTO PLAYDOGE'S IMMERSIVE WORLD OF FUN AND FINANCIAL FREEDOM!

One notable feature of the PlayDoge ecosystem is the immediate staking option for token holders. This allows investors to start earning passive rewards as soon as they acquire PLAY tokens. 

The PlayDoge roadmap outlines several key milestones designed to maintain user engagement and drive demand for $PLAY tokens:

  1. Launch of mini-game betas
  2. Full app release
  3. Community airdrops

Additionally, the team has plans for multiple centralized exchange (CEX) listings, which could significantly impact the project's visibility and success in the coming months.

PLAY, EARN, AND CONQUER WITH PLAYDOGE! JOIN THE P2E REVOLUTION THAT'S REDEFINING MEME COIN UTILITY!

The Conclusion

While the ambitious Bitcoin proposals from U.S. politicians paint an exciting future for cryptocurrency, they remain speculative and potentially years away from realization. 

In the meantime, projects like PlayDoge offer more immediate opportunities for crypto enthusiasts. 

By combining nostalgic gameplay with blockchain technology, PlayDoge has already gained significant traction in its ICO, and is now nearing its end which is scheduled for August 26th.

This article is a Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email business@techpoint.africa

The content on this site is not investment advice. The information on this website is general in nature, so you must consider the information in light of your objectives, financial situation, and needs. Investing is speculative. When investing your capital is at risk. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Before investing you should conduct your own due diligence or obtain advice where necessary. This website is free for you to use but Clickout Media Ltd may receive a commission from the companies we feature on this site.

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