As a seasoned researcher who has witnessed the evolution of blockchain and cryptocurrencies, I find myself intrigued by the current bullish momentum in the market following Donald Trump’s victory in the U.S. election. The potential for Bitcoin to soar during the Trump presidency, as suggested by JP Morgan’s MD Nikolaos Panigirtzoglou, is an interesting perspective that aligns with my observations of governments increasingly recognizing Bitcoin as a store of value.
Bitcoin has reached record levels since Donald Trump’s election win in the U.S., sparking optimism across the cryptocurrency market as many projects have seen gains over the past day. As some ponder if Bitcoin will keep climbing, investors are eagerly investing in Sui and Cutoshi, hoping for multiple surges before the end of 2024.
Bitcoin Expected To Soar During Trump Presidency
Based on a recent analysis by JP Morgan’s Managing Director Nikolaos Panigirtzoglou, there is potential for a substantial increase in the value of Bitcoin during President Trump’s term. The report indicates that with heightening global political conflicts, governments may start accumulating both gold and Bitcoin as components of their financial reserves.
This suggests that governments are starting to accept Bitcoin as a form of value storage, making it more credible in the eyes of ordinary investors. Moreover, as more people adopt Bitcoin, this trend may encourage institutional investors to invest, potentially triggering additional Bitcoin price surges.
At present, the value of Bitcoin stands at approximately $76,071. Over the past month, it has seen a rise of around 22%, peaking at $76,943 on November 8th.
Sui Announces Trace Partnership
The Sui Foundation recently announced a strategic partnership with Trace. Trace is a technology startup that looks to credentialize sports fantom. During this collaboration, Sui will operate as a technological partner. The Sui Foundation will help to unlock value from sport and sport entertainment using blockchain technology.
Although Trace is currently a work-in-progress, it envisions boosting fans’ enthusiasm worldwide utilizing blockchain tech. Such a step might significantly increase Sui’s visibility among regular investors on a global scale.
Over the past week, I’ve witnessed a significant surge in Sui’s price, with an impressive 19% jump, and it’s currently sitting comfortably at around $2.31. However, in the last 24 hours, there’s been a slight dip in its daily trading volume, which has decreased by approximately 20%. Despite this minor setback, the trading volume still remains astronomically high, exceeding $900 million.
Investors Look To Cutoshi To Maximize Their Returns
As the cryptocurrency market gains traction, numerous investors seek fresh chances to boost their earnings. Cutoshi, inspired by the auspicious Chinese cat figurine, focuses on empowering crypto investors by facilitating their learning and wealth accumulation.
Within the project’s environment, the Cutoshi exchange serves as its core. What sets it apart is its provision of remarkably affordable rates for cross-blockchain transactions. These reduced costs aim to boost investor profits, while the platform executes transactions lightning-fast, typically within a single second.
Beyond just trading, Cutoshi additionally provides an educational resource. This resource encompasses fundamental knowledge about cryptocurrency investment as well as sophisticated strategies. In the upcoming months, Cutoshi plans to debut unique NFTs and merchandise aimed at enhancing its system.
At present, individuals have the opportunity to participate in Cutoshi’s farming system, where they can accumulate CUTO Points by interacting with the community. To date, over 1300 investors have joined, and hundreds more are signing up every day.
The second phase of the Cutoshi pre-sale is nearly exhausted, having already garnered over $700,000. With the Halloween bonus for the project surpassing the price of CUTO, there’s a strong indication that the token’s value will surge again.
For more information on the Cutoshi (CUTO) Presale:
https://cutoshi.com/
Join and become a community member:
https://t.me/cutoshi
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2024-11-10 21:42