Only a few months left until presidential elections in the United States and therefore the summer will be a very important time for the relevant electoral campaigns. In any case, the crypto market also appears to be an element of debate in this period.
Indeed, Donald Trump has largely expressed a positive opinion on Bitcoin, recently making some statements on BTC mining. In particular, Trump would like to make this activity an integral part of the US economy, becoming one of the fundamental powers on a global level.
In this very positive context for BTC, many users are evaluating a project that could exploit the hype that prominent figures such as Trump create about Bitcoin. This is the new Learn to Earn platform 99Bitcoinsa project that includes the presale of the native 99BTC token.
Trump supports BTC on the campaign trail
Former President of the United States, Donald Trumprecently declared his support for Bitcoin mining, considering it a key element for American energy dominance.
In a June 12th post on Truth SocialTrump has highlighted the potential of Bitcoin mining as a last-ditch defense against a CBDC (Central Bank Digital Currency), criticizing the current Biden administration’s approach, which he believes favors nations like China and Russia.
Furthermore, Trump has expressed his intention to support this technology, especially if re-elected president, and has emphasized theimportance of keeping Bitcoin production within the United States to ensure the country’s energy dominance.
Trump’s announcement came after a meeting with important miners of US Bitcoin, including representatives from CleanSpark, Riot Platforms and Marathon Digital, held on June 11. Matthew Schultz, executive chairman of CleanSpark, praised Trump’s understanding of the industry.
Brian Morgenstein, head of policy at Riot Platforms, said Trump will protect the right to own, mine and transact with Bitcoinas well as supporting employment in the sector.
David Bailey, CEO of Bitcoin Magazine, described the meeting as a historic moment in path towards “hyperbitcoinization”praising Trump’s commitment to supporting the cause of Bitcoin domestically and globally.
These developments come as cryptocurrency miners come under increasing scrutiny for their environmental impact and pressure on local power grids.
Earlier this year, US authorities sought to collect data on the energy consumption of cryptocurrency miners, facing strong opposition from industry stakeholders. The Trump’s support it could change political perceptions and make it easier for miners to operate.
At the same time, Trump’s support for the cryptocurrency sector appears to improve his electoral prospects.
On Polymarket, a cryptocurrency-based prediction platform, Trump’s chances of winning are 56%., while Joe Biden’s dropped to 35%. Support for cryptocurrencies could therefore prove to be a key factor in the presidential race, reflecting growing electoral interest in the crypto sector.
99Bitcoins (99BTC)
Considering the success of Bitcoin, which connects to the positive narrative also disseminated by prominent figures such as Trump, many users are evaluating some projects that could capitalize on the hype around BTC. One of these it certainly is 99Bitcoins.
The 99Bitcoins e-learning platform recently introduced the innovative concept of Learn-To-Earna system that allows users to earn cryptocurrency while learning about the industry.
Originally started as an instructional site for purchasing Bitcoin via PayPal, 99Bitcoins has grown into a complete ecosystem for learning cryptocurrencies. The launch of the native 99BTC token, which took place through a pre-sale which has so far raised 2.1 million dollars, represents a further step forward. An operation that also attracted the attention of several influencers in the crypto world:
In particular, the Learn-To-Earn system allows users to earn 99BTC tokens by participating in online courses, webinars and quizzes. This innovative methodology not only encourages the study of digital assets, but also attracts new enthusiasts to the sector. The earned tokens can be sold, stored in the wallet or used within the ecosystem to access various benefits, such as trading signals and premium content.
THE trading signals are particularly useful, allowing traders to connect with each other to share information and build a strong community around 99Bitcoins. Additionally, users can also access webinars hosted by industry experts, attend exclusive events, and enjoy discounts on products and services.
Currently, the token 99BTC is available in presale at a price of $0.00109 and can be purchased via ETH, USDT, credit card or BNB.
Instead, the tokenomics of the project is well structured, with a fair distribution of the total 99 billion tokens. 10.50% is allocated to presale, 27.50% to project funds, 17% to community rewards and 23% to marketing. Furthermore, the token is staking with an APY of 779%, offering significant rewards to participating users.
As for the post-launch goalsthey include the token’s listing on DEX in the third quarter of 2024 and the release of the beta version of the Learn-To-Earn platform later this year.
In particular, the development team also plans the bridging of 99BTC from the Ethereum network to the Bitcoin networkto increase security and facilitate access to new markets, including those of NFTs.
That’s why analysts expect 99BTC to grow, thanks to both its usefulness within the Learn-To-Earn platform and its association with Bitcoin. This could drive significant growth, especially during a possible bull market in the coming months.
For more information on this project, also read “How to buy 99Bitcoins”.
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