The post Shiba Inu Lead Sees Bipartisan Crypto Support as Analysts Predict 354% Upsurge for SHIB appeared on BitcoinEthereumNews.com.

The audience interested in cryptocurrency has shown great interest in the upcoming interview of Elon Musk and Donald Trump. Shytoshi Kusama, the lead developer for Shiba Inu also commented on a social media platform that he is looking forward to the interview. Kusama noted the bipartisan support for crypto showcased by both Donald Trump and  Kamala Harris, indicates a bright future for the industry. Recently, Donald Trump has become more active in the crypto market. His appearance at the Bitcoin conference in Nashville and the speeches that followed have been positive towards Bitcoin. Trump also chose a pro-Bitcoin vice presidential candidate, JD Vance, for the upcoming 2024 presidential election. Political Engagement in Crypto The political situation is gradually becoming more favorable for the emergence of cryptocurrencies. Kamala Harris, the Democratic presidential candidate has also shown her concern in the sector. Even though she failed to attend Bitcoin 2024, her campaign has recently hired David Plouffe, former Binance advisor. Also, a new advocacy group for Kamala Harris ‘Crypto for Harris’ is planning to hold a virtual town hall meeting next week. The speakers will include businessman Mark Cuban, SkyBridge Capital’s Anthony Scaramucci, and several members of the House of Representatives from the Democratic Party. The event aims to support Harris’s campaign and promote fundraising initiatives, with top Democratic Senate leaders also invited to participate. In addition, Eric Trump, the son of Donald Trump, has created a buzz in the community by posting a teaser about a development concerning crypto and DeFi. He shared his enthusiasm with the space on the social media platform X. His brother Don Jr. also echoed the excitement stating, “Decentralized finance is the future.” The reception among users has been divided, but still, many people hope that bipartisan support will contribute to the acceptance of cryptocurrencies. Shiba Inu’s Market Performance and Analysts’ Forecasts Despite the downturn in…

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Filed under: News - @ August 9, 2024 1:20 pm