The United States should only settle for first place in an industry

The United States should only settle for first place in the cryptocurrency sector, according to former US President Donald Trump.

“Our country must be a leader in this, there is no second place,” Trump said in a May 25 post on Truth Social, a social media platform owned by the Trump Media and Technology Group (TMTG). .

“I’m very positive and open about cryptocurrency companies and everything related to this new and thriving industry,” he said, before taking aim at current President Joe Biden, whom he will face in the 2024 presidential race, with U.S. Election Day scheduled for November 4.

“On the other hand, crooked Joe Biden, the worst president in our country’s history, wants to die a slow, painful death. This will never happen to me!

His comments came ahead of his scheduled speech at the Libertarian National Convention in Washington the same day.

Trump’s recent positive stance towards cryptocurrencies has increased the cryptocurrency industry’s expectations regarding his potential victory.

According to Polymarket, a New York-based cryptocurrency forecasting platform, Trump has a 56% chance of winning the election, while incumbent President Joe Biden has a 38% chance.

According to Polymarket, Donald Trump has a 56% chance of winning the US elections. Source: Polymarché

This comes after Trump announced that his presidential campaign would accept cryptocurrency donations. On May 21, the Trump 2024 campaign announced that it had launched a fundraising page for eligible individuals to donate cryptocurrencies using the Coinbase Commerce product.

The site features logos for Bitcoin (BTC), Ether (ETH), Dogecoin (DOGE), Shiba (SHIB), XRP (XRP), USD Coin (USDC), SOL (SOL), and 0x (ZRX).

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In addition to making positive public announcements about cryptocurrencies, Trump also reportedly met with crypto enthusiasts.

Recent reports indicated that people who purchased Trump’s “Mugshot” non-fungible tokens (NFTs) had the opportunity to dine with the former president on May 8 at his Mar-a-Lago residence.

The dinner was part of the deal associated with the purchase of digital trading cards, which show his photo taken during his surrender to the Fulton County Jail in Georgia.

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