Gary Gensler Out? US Political Developments Signal 10x Rally for These Altcoins After Elections
At Bitcoin 2024, former President Donald Trump laid out an ambitious agenda supporting Bitcoin and cryptocurrencies, which made the news in the crypto community. Donald Trump pledged to fire SEC Chair Gary Gensler ‘on day one’ if reelected
Anticipations are that Donald Trump has a higher chance of winning the US presidential election, and Trump has recently been seen as a crypto pro. The crypto market is already celebrating the news, with Bitcoin up over 3% in the last 24 hours.
For the upcoming upswing in the crypto market, experts have recommended three altcoins which can give a 10x rally – Polkadot (DOT), ORDI, and DTX Exchange. We will discuss their recent developments and price action.
New Reveal At The Polkadot (DOT) Decoded 2024 Event
At the recent Polkadot (DOT) Decoded 2024 event, Polkadot (DOT) founder Gavin Wood unveiled the JAM Protocol. JAM, which stands for Join-Accumulate Machine, aims to tackle scalability and interoperability challenges in blockchain systems like Polkadot (DOT).
First introduced at last year’s Decoded, JAM promises to improve compatibility between smart contracts across different chains. By transitioning to the Polkadot (DOT) Virtual Machine (PVM), JAM aims to achieve a throughput of about one trillion EVM gas per second.
Another news in Polkadot (DOT) is the new partnerships with the University of Buenos Aires (UBA) and Archisinal, a real-time Web3 data platform. These collaborations in Polkadot (DOT) seek to enhance the application of blockchain technology and develop innovative learning experiences.
What is ORDI?
ORDI is a Bitcoin protocol that lets you create and manage unique digital assets, like NFTs, directly on the Bitcoin blockchain. ORDI works by assigning individual ordinal numbers to each satoshi, the smallest unit of Bitcoin. This setup allows you to inscribe data and digital artifacts onto these satoshis.
Ordi introduces NFT-like features to Bitcoin, letting you embed rich, unique content and create a new kind of digital collectible on the world’s most established blockchain.
Recently, ORDI has made big strides, with more adoption and integration into various platforms and applications. This growth shows ORDI’s potential to broaden Bitcoin’s use beyond just transactions, opening up new possibilities for digital ownership and authenticity.
Investors Booking Slots Amid The High Demand In DTX Presale
DTX Exchange (DTX) is shaking up the DeFi market by helping traders stand out across various financial markets, including stocks, forex, and cryptocurrencies. With its innovative trading approach and 1000x leverage feature, investors can take bigger positions with less cash and potentially double their investments.
DTX provides access to up to 120,000 different financial assets on a single platform, including forex, commodities, and stocks. Its exceptional 1000x leverage could be a game-changer for both experienced traders and newcomers. Plus, the platform’s user-friendly interface makes navigating global markets a breeze.
DTX has already raised around $1 million in its presale. As the cryptocurrency market shifts focus from well-known altcoins to new options like DTX, its tokens are currently priced at $0.04. Investors are eager to join before the price increases to $0.06 in the next round.
Learn more about the DTX Exchange
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About The Author
Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
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Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
