JOE coin, a cryptocurrency with strong ties to political sentiment in the United States, has been at the center of many recent developments. The coin saw substantial volatility tied to shifts in the political landscape, including the potential withdrawal announcement of
Joe Biden from the US presidential race, which reportedly wiped out $67M of crypto long positions within 30 minutes. Similar impacts were seen with
BODEN, a Biden-themed memecoin, which also had considerable price swings. An apparent plan by
President Biden to 'kill crypto' was speculated to potentially destroy 'billions of dollars' in value. Rumours of Biden accepting campaign donations through
Coinbase and possible vetos against legislation allowing financial firms to custody Bitcoin have further stirred the market. There has also been speculation about who would be more beneficial for Bitcoin,
Biden or
Donald Trump, highlighting the continued interplay between cryptocurrency and politics. Meanwhile,
Trader Joe has ascended to become the second-largest decentralized exchange after Uniswap, showing significant growth in the crypto industry. Amid these political influences, the broader crypto industry continues to evolve with
Bitcoin price fluctuations, memecoins and exciting advancements in blockchain technology.
JOE Coin News Analytics from Mon, 09 Aug 2021 08:10:31 GMT to Tue, 20 Aug 2024 15:19:40 GMT -
Rating -5
- Innovation -4
- Information 8
- Rumor -6
