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How to Find and Buy New Crypto Before Listing? Safer Investing 101 – Cryptocurrency News & Trading Tips – Crypto Blog by Changelly
Every spike in Bitcoin’s value sends a wave of regret through the crypto community: “Why didn’t I invest sooner?” As fear of missing out (FOMO) grips us, the often-heard mantra from bitcoin maximalists is that buying BTC is always a good decision. However, if your faith in “digital gold” wavers, your sights might be set on fresher ventures. This leads to the pivotal question: How to buy new crypto before listing to enjoy future price appreciation?
Hi, curious crypto enthusiasts! My name is Zifa, and I’ve spent over three years writing about the crypto world. If you’re looking to navigate the waters of purchasing new cryptos before they hit the market, you’re in the right place.
Where to Find New Crypto Projects
So, where do you find these golden crypto opportunities before they hit the mainstream? Let’s dive into some of the most effective avenues.
Social Media Platforms
Social media is an undeniable powerhouse in the crypto industry, with platforms like X (formerly Twitter) buzzing with discussions on upcoming projects. Trending hashtags and crypto influencers can often lead you to the doorstep of the next big new crypto project. It’s a space where news travels fast, and being an active participant can keep you ahead of the game.
Crypto News Websites
Keeping an eye on crypto news websites is another essential strategy. These platforms are often the first to report on promising crypto launches.
However, it’s crucial to approach this information with a discerning eye; not all highlighted projects come from unbiased recommendations. The key is to do your own research (DYOR) to sift through potential bias, especially from paid promotions, ensuring you’re banking on genuine prospects.
Crypto Forums
For those who prefer diving deeper into community discussions, crypto forums like Reddit offer a treasure trove of insights. These platforms host vibrant communities where the latest crypto projects are debated, dissected, and discussed long before they become common knowledge. Participation here can not only alert you to new opportunities but also provide a diverse range of perspectives to consider.
Crypto Launchpads
A launchpad in the cryptocurrency context is a platform designed to support new blockchain projects in their early stages.
Crypto launchpads serve as a bridge between new crypto projects and potential investors, playing a pivotal role in the cryptocurrency ecosystem. These platforms streamline the process of launching new tokens by giving a structured environment for initial exchange offerings (IEOs), initial DEX offerings (IDOs), and launchpools. Each type of pre-launch offering has its unique mechanism, catering to different needs within the crypto community. Don’t let these abbreviations intimidate you — in the following sections, we’ll dive deeper into each type, exploring how they operate and benefit both projects and investors.
Launchpads are not just about fundraising; they also provide crucial advisory support, ensuring that projects have a stronger foundation and a better chance of success. For investors, launchpads reduce the risk associated with investing in new ventures by conducting due diligence and curating high-potential projects. This symbiotic relationship significantly increases the likelihood of project success and investor satisfaction.
Popular Cryptocurrency Launchpads
Among the most popular and trusted cryptocurrency launchpads are Binance Launchpad and PolkaStarter. These platforms have earned their reputation by consistently connecting investors with high-quality projects, contributing to the dynamic growth of the crypto market.
Presales and Airdrops
Finally, presales and airdrops remain popular methods for crypto projects to launch with a bang. They offer a unique opportunity for early supporters to get involved with a project, often with added incentives. Being on the lookout for these events can grant you early access to new tokens before they enter the broader crypto market, allowing you to get in on the ground floor of a potentially successful crypto project. Remember, the key to capitalizing on these opportunities is staying informed and engaged with the crypto community.
How to Buy New Crypto Coins Early
Invest in Crypto Presales
Crypto presales offer investors an opportunity to purchase tokens before they’re available on public exchanges. This process involves connecting a digital wallet to the project’s presale site and exchanging existing cryptocurrency for new tokens. An example of this could be a blockchain project developing a decentralized application (dApp) that opens a presale for its utility token.
However, the presale landscape is fraught with risks, including scams. Conducting thorough research and due diligence is crucial to mitigate these risks and ensure a safe investment.
Participate in ICOs
Initial Coin Offerings (ICOs) serve as a fundraising tool for new projects, allowing them to sell tokens to early investors. To participate in ICOs, one should identify potential projects, apply to join their ICO, and purchase tokens, typically through centralized exchanges.
For instance, Ethereum conducted an initial coin offering in 2014, which is now one of the most notable examples of a successful ICO. However, the ICO space has seen its share of controversies, including significant scams like the one involving OneCoin. Investors are advised to exercise caution and perform extensive research when considering initial coin offerings.
Join IEOs, IDOs, and STOs
IEOs, IDOs, and STOs represent different methods for projects to launch their tokens, catering to various needs within the crypto space:
- IEOs (Initial Exchange Offerings) are managed by crypto exchanges, providing an added layer of security and trust. An example is BitTorrent’s IEO on the Binance Launchpad.
- IDOs (Initial Dex Offerings) take place on decentralized exchanges (DEXs) such as Uniswap or SushiSwap, offering immediate liquidity and broader participation. The DeFi project Compound launching its governance token COMP through an IDO is a case in point.
- STOs (Security Token Offerings) involve tokens backed by real assets, subject to regulatory oversight, like the tokenization of real estate on platforms such as RealT.
Each offering type has its unique advantages, from the regulatory compliance of STOs to the decentralized nature of IDOs and the security of IEOs, benefitting both projects and investors.
Parachain Auction
Parachain auctions are specific to blockchain ecosystems like Polkadot, where projects bid for slots to launch their blockchain connected to the main network (relay chain). Participants lock up tokens (through a crowdloan) to support their chosen project’s bid. Winning a slot allows the project to launch its blockchain, enhancing the ecosystem’s interoperability.
For example, Acala Network secured a slot through a parachain auction, offering contributors rewards for their support.
This model emphasizes community backing and investment in a project’s potential success, showcasing a novel approach to funding and network expansion.
How to Pick Which New Cryptos to Buy: Researching New Crypto Coins
So, you’ve stumbled upon what appears to be a promising cryptocurrency project. However, as we’ve all learned, all that glitters is not gold. Beyond the flashy marketing and persuasive pitches, it’s crucial to delve deeper and see what truly makes a project stand out. Before committing your funds, consider the following key factors to make an informed decision about investing in new crypto projects:
Use Cases
In an increasingly saturated market, a project’s utility becomes its lifeline. Projects that solve real-world problems or offer unique applications within the blockchain ecosystem tend to stand out and maintain value over time. A promising project should clearly articulate how it intends to use blockchain technology to address specific needs or create new opportunities, which are often detailed in white papers.
Roadmap
A roadmap is essentially a project’s blueprint for the future: it outlines key milestones and objectives and details the development and growth plans, including both short-term and long-term goals. A well-structured roadmap demonstrates the project teams’ commitment and provides insights into the project’s potential for sustainability and innovation.
Value
Assessing a project’s value is impossible without understanding what it brings to the table. Does it introduce groundbreaking technology? Does it improve upon existing solutions with efficiency or cost-effectiveness? A project with inherent value is more likely to gain recognition and adoption, contributing to its success as a digital asset.
Tokenomics
Good tokenomics consists of a balanced distribution mechanism, supply limits, and incentives for holders. It’s crucial because it affects how tokens are introduced into the system as well as their long-term value. Look for projects with a clear token distribution strategy that rewards early adopters while ensuring long-term viability, often outlined during the token sale.
Lock-up Period
In simple terms, a lock-up period is when tokens are held and cannot be sold. It’s crucial for investors as it can significantly impact the token’s price once the lock-up period ends. Projects with staggered lock-up periods for team members and early investors tend to provide more stability, preventing market flooding.
Social Virality and Project’s Community Engagement
While traditional finance experts might scoff here, the power of social media channels and community engagement in the crypto world cannot be underestimated. Projects like Dogecoin, Shiba Inu, and others have shown how a strong, engaged community can drive value and adoption. A vibrant community not only supports the project through thick and thin but also helps in spreading the word and attracting new investors.
Liquidity
Liquidity refers to how easily tokens can be bought and sold without affecting their price significantly. High liquidity indicates a healthy, active market, making it easier for investors to enter or exit positions. Projects listed on major exchanges with substantial trading volumes typically offer better liquidity, reducing investment risk.
Read also: How to stay safe in crypto space.
Why Invest in New Crypto Before Listing?
If you’ve read this far, you’re likely already contemplating the reasons why investing in a new crypto before its listing could be a savvy move. Nonetheless, let’s delve into some compelling motivations that might solidify your decision:
Potential Price Appreciation
The primary allure of early investment in crypto tokens lies in the potential for significant price appreciation. Being among the first to buy into a project allows you to purchase at initial offering prices, which are often much lower than post-listing prices. This early bird advantage can lead to substantial returns as the tokens gain value upon public exchange listing, driven by increased demand and project developments.
High Staking APYs
In the early stages of a crypto project, Annual Percentage Yields (APYs) for staking can be exceptionally high. This is often a strategy employed by new projects to attract investors and secure a loyal user base by rewarding them with higher returns for their early support. Such attractive APYs serve as a nice bonus on top of potential capital gains, incentivizing early participation and investment.
Access to New Features
To enthusiasts and fans of a particular project, early investment can grant exclusive access to new features or services before they become available to the broader public. This access not only allows investors to test and benefit from the latest innovations but also strengthens their connection and commitment to the project’s success.
Purchase Bonuses
Early investment in new crypto tokens often comes with an array of bonuses. These can range from additional token allocations (a.k.a. “airdrops”) to discounted purchase rates or special access rights within the project ecosystem. Such bonuses enhance the value proposition of early investment, offering more than just the potential for price appreciation but also tangible rewards that enrich the overall investment experience.
Final Thoughts
Investing in new cryptocurrencies before they are listed on major crypto exchanges carries its unique set of advantages, from the thrill of uncovering a gem to the financial benefits of early support. While the potential for high returns is compelling, it’s essential to approach each opportunity with a balanced perspective, weighing the rewards against the risks.
Disclaimer: Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.
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Top 5 Crypto Pre-Sales for August 2024
Have you heard about cryptocurrencies in 2011? Was Bitcoin so popular back then? Well, yes, some forward-thinking people saw its potential early and invested in BTC back then. Investors were skeptical about this new financial element; however, many took the risk and invested what they could risk in the cryptocurrency market.
Going through the list of top presales, we have identified and studied five of the main candidates that can change the game on the trading charts. These new opportunities promise the best returns and a great chance to buy tokens at affordable prices. While 5thScape is at the top of our recommendation, projects like DarkLume and Artemis Coin are pioneers in their respective categories.
Top 5 Crypto Pre-Sales to Add to Your Watchlist in 2024
Below we present the top five cryptocurrency pre-sales that you should consider adding to your investment watchlist.
- 5th Landscape (5SCAPE) – King of digital VR gaming with AR/VR elements
- Dark light (DLUME) – Virtual Metaverse for Social Exploration
- SpacePay (SPY) – Versatile Financial Payment Gateway for Seamless Transactions
- EarthMeta (EMT) – Replicating our planet on a virtual platform
- Artemis Coin (ARTMS) – NFT Marketplace for Digital Real Estate Investment
In-Depth Review: The Best Crypto Pre-Sales of 2024
Now, let’s take a closer look at these pre-sale events and how they can help investors make significant profits this year.
5th Landscape (5SCAPE)
The 5thScape project combines emerging technology using the fundamentals of virtual and augmented reality on the Ethereum platform using its native currency as 5SCAPE. Users of the token experience increased security and interactive gameplay in the digital space.
Here are the potential reasons why investors are admiring the 5thScape ecosystem:
Immersive Gameplay: With over five game titles, the platform is ready to amaze the audience with games ranging from archery, sports, battle and high-speed racing.
Innovative VR Content: 5thScape’s progress in the crypto-gaming space will contribute to the development of educational resources and other VR content on the website.
Motion Control Gadgets: This project is working hard to introduce VR devices such as headsets and gaming chairs with precise controls and high-resolution soundscapes to achieve the best immersive feeling while exploring the ecosystem.
Practical utility: 5SCAPE tokens stimulate participation in various activities and convert the ecosystem into economic value for investors.
Staking Opportunities: Acquiring 5SCAPE tokens after listing on exchanges can generate higher earnings
Free Giveaways and Prizes: The distribution of free coins and VR subscriptions attract investors.
Visit 5thScape for more details>>
Dark Light (DLUME)
We just saw how 5thScape captures investors with its AR/VR digital landscape. DarkLume works on similar VR principles but has a completely new VR metaverse. Its presale is about to hit the $1 million mark and simultaneously increase fund inflows.
What are the specifics that allow DarkLume to lead the metaverse industry?
Native currency: The project has DLUME as a digital currency that can be used for in-game purchases or upgrades. These utility tokens also give their holders the right to vote on the development and expansion of the project.
Benefits of staking: Investors who want to hold and earn from this currency expect to multiply their funds after the stock market listing.
Exploratory Metaverse: Once you enter this world, there is no turning back. There are so many opportunities to find recreational activities and relieve stress. Walking through lush landscapes and stargazing at night can be a memorable experience. If you are a party animal, DarkLume’s virtual discos and clubs will win you over.
Visit DarkLume for more details>>
Payment for space (SPY)
Traditional financial setups face many challenges in daily transactions and are also expensive. To solve these concerns, Maxwell Bunting founded SpacePay by combining cryptocurrency payments and blockchain technology. The London-based startup makes online shopping and payments more seamless by integrating its network with existing card terminals, allowing users to make payments in any digital currency. Merchants can choose to receive payments in conventional currency without having to pay exorbitantly.
SpacePay has designed a user-friendly and convenient interface that supports over 325 crypto wallets. SPY, the native token of this platform, serves to enable all transactions within its ecosystem. Tokens can also be used to generate passive income through staking and additional community rewards.
EarthMeta (EMT)
EarthMeta is a virtual metaverse created to replicate our planet, Earth. It is listed as one of the best crypto pre-sales of 2024, with a focus on creating new NFT platforms and virtual assets in premium cities. The startup encourages users to own and govern virtual landscapes.
Cities are then further broken down into smaller assets such as landmarks, buildings, monuments, parks, schools, and more. NFTs can now be bought and sold in the project’s marketplace. Governors are eligible to earn 1% fees per transaction within their city. EMT token holders can also generate more at once with custom API integrations and participation in DAO activities.
Artemis (ARTMS)
Today we have covered a number of financial projects that you can consider along with 5thScape, the most promising VR coins of the decade. Artemis (ARTMS) is a financial platform that allows investors to transact and trade using its digital asset, ARTMS. Users can also lend, borrow, stake, save, and generate rewards from yield farming.
The project is about to enter Phase 4 of development which will see the launch of the Artemis Crypto System. This system is customized to facilitate a large number of secure and transparent crypto transactions. Cryptocurrency enthusiasts and professional entities can buy and sell products such as smartphones, bicycles and internet services using crypto payments. Early investors have great advantages until the project is available at a discounted price in the pre-sale.
Read this before investing in the next cryptocurrency market
Experienced investors know the factors to consider before investing in this dynamic market. Here are some points that beginners should remember before securing a position in the cryptocurrency universe.
- It is essential to verify the project details and the founders.
- Read and understand the whitepaper for all the technical information about the ICO, the roadmap and the mission of the project.
- The project roadmap will provide greater clarity on milestones and results achieved.
- Review the fundamentals of the new technologies involved in the development of the platform.
- Before investing in any cryptocurrency, carefully evaluate the benefits and risks to avoid losses and build a profitable portfolio.
Conclusion
5thScape ICO Offers Tokens at Deeply Discounted Prices. Once the presale is over, the token price will skyrocket 434% from the first round and promise 600x returns to early investors. Who wouldn’t want to be part of an innovative and growing VR ecosystem? Check your details, review all the documents and start investing in 5thScape now.
Time flies, and so does the $100,000 prize.
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Best Upcoming Cryptocurrencies for Long-Term Profits: Turn $100 Into $1000 With These Picks
Have you ever wondered how much return Bitcoin has given to investors who bought this gold cryptocurrency a decade ago? In 2014, Bitcoin reached its significant milestone of $1,000 in the first month. Currently, it is trading at around $64k, which is an astonishing 6300% increase in the span of 10 years. No stock, no ETF could ever give you such monumental returns. This simply proves that the cryptocurrency market turns your dreams of investment returns into reality.
While the established giants are not giving so much returns now, the ball is in the court of upcoming cryptocurrencies that are based on the development of projects to provide up to 1000x returns in the near future. In this article, we will explore 5 upcoming cryptocurrencies for long-term earnings that can turn your $100 into $1000 – the only key is strategic investing with a lot of patience!
Best Upcoming Cryptocurrencies For Long Term Profits
Below we list the top 5 cryptocurrencies for long-term gains, which are set to give you returns of up to 1000 times in the coming times.
- 5th Landscape (5LANDSCAPE)
- Dark light (DISGUST)
- BlockDAG (BDAG)
- eTukTuk (TUK)
- WienerAI (WAI)
Take a deeper look at the background of these 5 upcoming cryptocurrencies for long-term gains and see why they could be viable options for your cryptocurrency portfolio.
1. 5° Landscape (5SCAPE)
5thScape is changing the face of entertainment by merging augmented and virtual reality with blockchain technology, offering a VR content ecosystem unlike any other destination on the internet. Its native token, 5SCAPE, is the cornerstone of this innovative ecosystem. With a limited supply of 5.21 billion tokens, 5SCAPE offers early investors a unique opportunity to participate in the growth of a potentially transformative platform.
Combining the immersive experiences of VR technology with a cryptocurrency that has a real-world use case, 5thScape presents a compelling investment proposition. The project’s focus on providing unparalleled user experiences, coupled with its potential to generate substantial returns, makes 5SCAPE an ideal new cryptocurrency to have in your portfolio for long-term gains.
Click here to invest in 5thScape today >>
2. DarkLume (DLUME)
DarkLume is a meticulously crafted metaverse where users can experience a lavish digital lifestyle. At its core is the DLUME token, the currency that powers this virtual economy. By owning DLUME, users gain access to exclusive experiences, from owning virtual properties to attending high-society events and hosting virtual celebrations with their friends.
The metaverse is divided into virtual countries, each with its own citizenship requirements. To become a citizen, users must possess a specific amount of DLUME. Maintaining citizenship involves paying taxes in DLUME and creating a sense of community and responsibility among users.
Unlike other metaverse platforms that are limited to digital interactions only, DarkLume offers a wide range of activities, from leisure and entertainment to social interactions and exciting experiences. The platform’s focus on luxury ensures that every aspect of the metaverse is designed to exceed expectations. As DarkLume continues to grow, its DLUME token is expected to be in high demand. The metaverse concept is supported by renowned names such as Mark Zuckerberg and Satya Nadella. As it is the future of immersive socialization, the DLUME token is expected to appreciate in value over time.
Explore DarkLume’s website to learn more
3. BlockDAG (BDAG)
BlockDAG is an innovative blockchain platform that uses a Directed Acyclic Graph (DAG) structure together with blockchain technology to offer fast transaction speeds, lower fees, and better scalability.
Unlike traditional blockchains that process transactions sequentially, BlockDAG processes them in parallel, which allows it to handle a much higher transaction volume. This approach makes BlockDAG an ideal platform for applications that require high throughput and low latency, such as DeFi, gaming, and IoT. Its presale has been a great success so far, and BlockDAG’s adaptability may be an optimistic sign for early investors in the BDAG token.
4. eTukTuk (TUK)
eTukTuk is a new leading crypto project that combines sustainable transportation with blockchain technology. Its main goal is to electrify the famous “tuk-tuk” industry, reducing carbon emissions that cause environmental damage while creating a thriving ecosystem. Its TUK token powers the entire platform.
One of the most notable features of eTukTuk is its Play-to-Earn (P2E) gameplay. Players can earn TUK tokens by completing challenges and missions in the game. This gamified approach not only makes the platform engaging but also incentivizes user participation in building the eTukTuk ecosystem. The primary utility of the TUK token is as a mode of payment for tuk-tuk drivers who use EV charging stations for their vehicles installed across Sri Lanka. The project will soon expand to other countries.
Overall, the value proposition of the TUK crypto token is strengthened by its utility within the platform. It can be used to purchase electric tuk-tuks, charge them at the network’s charging stations, and access various platform services. As eTukTuk adoption grows, demand for TUK tokens is expected to increase, potentially resulting in significant appreciation in the token’s value.
5. WienerAI (WAI)
WienerAI is a new blockchain-based platform that uses next-generation artificial intelligence (AI) technology to transform the cryptocurrency trading space. Its flagship product is an AI trading bot (with a sausage-themed mascot) designed to analyze market trends, identify potential opportunities, and execute trades with zero errors. With the power of AI, WienerAI provides users with a market edge in the complex and dynamic world of investing.
The platform’s native WAI token is a digital asset that underpins the entire ecosystem. Token holders can enjoy various benefits, including discounted trading fees, priority access to new features, and even a share of the platform’s profits. As WienerAI gains traction and its AI trading bot proves successful, the continued flow of demand for the WAI token will fuel its price.
Final Thoughts: Best Cryptocurrencies for Long-Term Profits
Each cryptocurrency project explored in this article brings a unique and innovative perspective to the blockchain industry. From the immersive worlds of 5thScape and DarkLume to the efficiency gains of BlockDAG and the sustainability focus of eTukTuk, not to mention WienerAI’s AI-powered trading bot with a new approach to investing, these projects are pushing the boundaries of what’s possible with blockchain technology.
While all of these projects are promising, 5thScape and DarkLume stand out as particularly interesting investment opportunities. The combination of 5thScape’s robust VR ecosystem tokenomics and unique AR/VR offeringstogether with the fantasy world of the DarkLume metaversehas the potential to appeal to a wide range of investors who may be entertainment lovers, not just cryptocurrency enthusiasts. Given their current presale stages, acquiring 5SCAPE and DLUME tokens at these early-bird prices could prove to be a strategic move for those seeking substantial returns.
This is a sponsored article. The opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on the information presented in this article.
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Avalanche Predicts ‘Most Bullish Unlock’ in Broader Market $1 Billion in Token Release
Token Unlocks data shows that several crypto projects:AvalancheWormhole, Aptos, SandboxArbitrum, Optimism and others are set to unlock around $1 billion worth of tokens in August.
Approximately $260 million will be allocated in the first three days of the month.
Crypto projects often schedule token unlocks to control the asset supply and prevent market oversaturation. This gradual release helps avoid significant sell-offs by early investors or team members who hold large amounts of crypto assets.
Wormhole and Avalanche to Release Over $400 Million in Tokens
The biggest news this month will be Wormhole and Avalanche.
On August 3rd, Hole in the walla cross-chain messaging protocol, will release 600 million tokens worth $151.67 million, or 33.33% of its circulating supply.
Avalanche will follow on August 20, unlocking 9.54 million AVAX tokens worth approximately $251 million, or 2.42% of its circulating supply.
The Token Unlocks dashboard shows that 4.5 million AVAX, worth $118.53 million, will go to the Avalanche team, 2.25 million AVAX, worth $59.27 million, will go to strategic partners, and the remainder will go to the Foundation and as an airdrop.
Farid Rached, former head of ecosystem growth at Avalanche, underlined that this planned unlock would be the most bullish in its history because “it is the last big step for the team and public/private investors.”
Other important unlocks
Sui, a layer 1 network, will unlock 64 million tokens worth $50 million, or 2.56% of its circulating supply, on August 1.
Similarly, decentralized exchange dYdX will issue 8.33 million tokens worth nearly $11 million, or 3.65% of its circulating supply. These tokens will be distributed to investors, founders, staff, and future employees.
Aptos will unlock 11.31 million APT tokens worth $74.64 million on August 12. These will be allocated to the Aptos community, top contributors, the foundation, and investors, with top contributors receiving the largest share: 3.96 million APT worth $26 million.
On August 14, Sandbox will release 205.6 million SAND tokens worth $66.75 million. This issuance will be split between the team, advisors, and a corporate reserve.
Finally, Ethereum’s layer 2 networks Referee AND Optimism will collectively unlock over $110 million worth of tokens by August 16 and 31, respectively.
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Big Tech Beats Bitcoin (BTC) as Trump’s Trade Cancellation Weakens Token
Bitcoin has failed to join the cross-asset rally fueled by dovish comments from the Federal Reserve, as the tight US election race casts doubt on Donald Trump’s ability to implement his pro-cryptocurrency agenda.
The digital asset slipped 2.4% on Wednesday, tracking a Fed-fueled surge in an index of the Magnificent Seven large-cap tech stocks by one of the widest margins in 2024. The token fell further on Thursday, changing hands at $63,750 by 6:10 a.m. in London.
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