↗ Not Just Another Coin: Unpacking the Volatility and Potential of Joe Coin
Joe Coin , often dabbed amidst notable names within the crypto space has been trading under varying circumstances. There has been a lot of...
The crypto market is in a hot debate due to President Joe Biden's hinted withdrawal from the next presidential race which caused mixed responses from various crypto coins. Specifically, it resulted in a 131% surge in the Kamala Harris-themed meme coin, while Bitcoin dropped. This highlights that influencer-led or political events influence crypto market trends.
On the sidelines, outlooks on JOE Coin are positive with an impressive 41% surge, attracting traders to pivot to the ICO for promising APY. Meanwhile, Joe Lubin, a Consensys co-founder, defines crypto as a core American issue. Constructs around Democratic Party member, Celia Cruz, and Republicans, Donald Trump and Joe Rogan are also visible.
In contrast, despite Biden-inspired meme coins initially seeing gains of up to 75%, the crypto experienced a decrease of 99% from their highs. Questions are being raised about their sustainability in the market. Amidst these events, PoliFi Meme Coins have reacted, whereas Joe Biden's laser eyes caused confusion amongst members of the crypto community while taking into consideration speculation of Biden's potential support towards Bitcoin.
The proposed crypto mining tax is pending within Biden's new budget plans while the President's plan to criminalize Bitcoin software developers was met with opposition. Yet, potential vetoing of the SAB 121 repeal stirred up a last-minute bid from a US banking lobby. The uncertainty about Joe Biden’s continuity and health increases risks and volatility in the market.
JOE Coin News Analytics from Mon, 09 Aug 2021 08:10:31 GMT to Tue, 22 Oct 2024 19:05:05 GMT - Rating 8 - Innovation -3 - Information 6 - Rumor 1
