As the U.S. presidential candidates do final preparations for today’s debate, there are crypto to own that could perform well during and post-debate.
The general market sentiment is that Republicans are pro-crypto, while Democrats have traditionally been more cautious. However, MicroStrategy founder Michael Saylor mentioned on CNBC that Republicans are more progressive on crypto, and Democrats are starting to shift toward the center, becoming more open to digital assets.
Following the debate, these three cryptocurrencies are likely to perform exceptionally well.
Crypto to Own – Bitcoin (BTC)
Bitcoin is a no-brainer at this point due to the amount of shills happening around it in the X cryptocurrency space. One year ago, Saylor predicted at the Bitcoin 2023 conference. He said, “All the politicians are going to compete to see who likes Bitcoin more.”
ONE YEAR AGO Saylor made a prediction:
“All the politicians are going to compete to see who likes #Bitcoin more. Bitcoin is freedom. Anybody that runs for office in the United States is going to run on a platform of freedom… I think you’re going to see Republicans politicians… pic.twitter.com/vPKvaxlJim
— Walker (@WalkerAmerica) May 22, 2024
This can be seen beginning to take shape today as he also noted that the Democrats are beginning to move toward the center in their stance on Bitcoin and crypto.
Bernstein analyst Gautam Chhugani’s BTC price prediction suggests Bitcoin price could hit $90,000 by the end of the year if Trump wins and $30,000 if Harris wins the election.
Latest polls by Fox News have Donald Trump crushing Kamala Harris nationally, further making it a crypto to own post-debate.
Ethereum (ETH)
Ethereum price continues to fight an uphill battle, having the most SEC-attacked projects in the crypto space. A hearing at the Subcommittee on Digital Assets, Financial Technology, and Inclusion will be held on September 10, focusing on decentralized finance and privacy-preserving technologies.
The government-controlled Securities and Exchanges Commission has been hot on the heels of several crypto projects, including OpenSea and Uniswap.
Ethereum price has been up 2.3% in the last 24 hours, along with the entire market, and it is trading at $2,346. There is decent support, around $2,320, which the price could bounce off of, making it a potential crypto to own ahead of today’s debate and November elections.
Trump (MAGA)
With polls coming in in favor of Donald Trump, MAGA may be one of the few politico tokens to skyrocket if Trump leads in the debate.
There are still concerns about whether Kamala Harris will attend the debate, given the overwhelming polls against her.
JUST IN: Dem pollster’s newest numbers have Donald Trump CRUSHING Kamala Harris nationally, adding another serious blow the the campaign just one day out from the debate.
WILL SHE SHOW UP? pic.twitter.com/kcu128VfFG
— Chuck Callesto (@ChuckCallesto) September 9, 2024
MAGA price is trading at $3.27, down 1.1% over the last 24 hours but up 0.3% in the past week. If Trump wins the debate, MAGA price may surge to $4.00 and potentially extend gains by another 100% to $8.00
The American political landscape has become increasingly crucial for crypto. The outcome of today’s presidential debate will dictate the crypto markets’ direction. These are the cryptocurrencies to own since they might perform well in the event of a Trump win in the debate today.
The post Top 3 Crypto to Own Ahead of Trump-Harris Debate appeared first on CoinGape.