Trump's Crypto Policy Signals Shift; Emerging Tokens Gain Traction

Wednesday, November 27, 2024 12:00 AM
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Trump's Crypto Policy Signals Shift; Emerging Tokens Gain Traction cover

Donald Trump’s team is reportedly exploring a cryptocurrency policy role, indicating a potential shift towards a more crypto-friendly environment in Washington. Trump’s advocacy for a national Bitcoin stockpile and his criticism of SEC crackdowns have energized investors, sparking interest in low-cap cryptocurrencies such as Arweave (AR), Immutable (IMX), and Rollblock (RBLK). These emerging tokens are gaining traction as investors seek substantial returns in an evolving crypto landscape, moving beyond traditional investment options.

Arweave (AR) has shown remarkable resilience, rebounding from a low of $3.70 in October 2023 to $40 in August 2024, following its acquisition of the Odysee social media platform. Despite fluctuations, Arweave has experienced a 22% increase in the past week and a staggering 186% rise over the year, positioning it as a strong contender in the market. Analysts predict that by 2025, Arweave’s price could average $45, with potential highs of $70 under favorable conditions. However, cautious investors note that weaker performance could limit its price to around $20.

Immutable has partnered with Altura, committing $5 million to enhance web3 gaming infrastructure, integrating its Passport and Checkout tools into Altura’s projects. Currently trading at $1.81, Immutable has seen a 35% increase since mid-November, with projections suggesting it could reach $5 by Q1 2025. Meanwhile, Rollblock, a regulated blockchain-powered GambleFi platform, has raised $5.9 million to address transparency issues in the gambling industry. With a growing user base and a unique revenue-sharing system, Rollblock is poised for significant growth, making its $RBLK token an attractive investment option as it continues to innovate in the gambling space.

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