Is Poodlana a strong bet for the US election-driven crypto surge?

Is Poodlana a strong bet for the US election-driven crypto surge?
фото показано с : invezz.com

2024-9-17 14:12

Bitcoin may have made its investors very nervous in recent weeks as the price of the largest cryptocurrency by market cap tanked to under $55,000.

However, the near-term volatility has failed to change the bullish view of Steven Lubka, the head of private clients and family offices at Swan Bitcoin.

“Do I think we’ll be in the six figures by 2025? Almost certainly,” Lubka said in a recent interview with CNBC.  

His forecast spells good news not just for BTC, but a bunch of other crypto coins, including the up-and-coming Poodlana as they tend to follow suit when Bitcoin rallies.

Crypto including POODL could flourish under the new POTUS

Lubka is convinced that a Bitcoin rally is brewing for the months ahead regardless of who wins the US presidential elections in November.

That makes sense considering both candidates, Donald Trump and Kamala Harris, have so far taken a favorable stance on cryptocurrencies, particularly Bitcoin.

Note that the US government is already a notable holder of Bitcoin and considering the recent remarks from both candidates, it looks like the government may choose to expand its ownership of BTC moving forward.

That’s significant because when large enterprises, institutions, and governments load up on Bitcoin, its price tends to rally hard.

And when it does, several other digital assets celebrate as well, which may this time include the native POODL meme coin as it has already built a name for itself among the next big things for a potential 100x gain.

You can dig deeper and learn more about Poodlana before investing in it on its website at this link.  

Why Poodlana is an attractive investment

Steven Lubka expects Bitcoin to rally in the months ahead regardless of who wins the US elections because it’s an investment that is “rooted more in the fiscal and monetary profile of countries, sovereigns, and the US.” Neither Trump nor Harris changes that, he added.

But Bitcoin at close to $60,000 may not be as accessible as something like the POODL meme coin that’s currently going for pennies only.

Additionally, the crypto token has listed on more than one crypto exchange already which suggests it’s well-positioned to build on the ongoing momentum and command a higher price tag moving forward.  

Finally, the US central bank is broadly expected to announce its first rate cut on September 18th which will help boost the risk appetite of investors, possibly pushing some of them to invest in Poodlana.

Another reason why they may pick POODL out of dozens of meme coins to invest is that it’s a Solana-based token – a group of digital assets that have done exceptionally well in 2024. Click here to find out ways to invest in Poodlana today.

The post Is Poodlana a strong bet for the US election-driven crypto surge? appeared first on Invezz

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Источник: invezz.com

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