Prepare for a Crypto Future Even as the Market Quiets
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| By Beth Canova |
A recent poll conducted by Harris and the Digital Currency Group confirms what many in the industry have suspected: digital assets will be a significant issue in the upcoming election.
The results reveal that 48% of those surveyed said they don't trust candidates who interfere with crypto, while 30% would likely support a crypto-friendly candidate.
This underscores the relevance of crypto issues shaping the electoral landscape of 2024 … and potentially beyond.
And more attention on crypto — especially as the next leg of the bull run draws ever closer — is bullish.
So, here are some recent Weiss Crypto Daily updates that could help you prepare for this next rally.
Telegram Transforms Social Media with Blockchain Tech
A few weeks back, Jurica Dujmovic claimed that social media would be the next target for decentralization. And now, Marija Matić reveals that Telegram has made the first significant breakthrough by bringing blockchain technology to platform. By prioritizing privacy and customization, it’s introducing a path to adoption for its 900 million active monthly users.
And Marija reveals one way you can play this SocialFi trend.
Gamestop Pump Prompts Déjà vu Rally in Memecoins
Do you remember the social media-fueled pump in select stocks and memecoins back in 2021? The one that got brokerage platforms like Robinhood to restrict trading on select stocks … only for retail investors? That move ignited a wildfire of adoption, primarily into memecoins, at the height of the last bull market.
In his issue this week, Dr. Bruce Ng shows that history is repeating itself, and it could have an unbelievable impact on the memecoin narrative, which is already leading the market. As such, Dr. Bruce lays out the three categories of memecoins most likely to lead the sector.
2 Catalysts That Could Reignite the AI Surge
After memecoins, artificial intelligence projects are commanding their fair share of attention, both from media and investors. And while AI in both TradFi and crypto is taking a break, I reveal two new catalysts that can restart the AI sector.
And I also unveil two ways you can use AI in your own investment journey.
If You Think You Know Crypto AI … Think Again!
And if that wasn’t enough about AI, Jurica Dujmovic, our resident tech expert, is diving back into the crypto AI sector. This time, he’s listing the five most promising growth opportunities he sees in this sector.
Keep These 3 Market Insights in Mind Ahead of the Next Rally
Finally, as the market continues to move sideways, Juan Villaverde breaks down three key market insights to keep in mind as we wait for the next leg up in this bull cycle. Plus, he offers an opportunity to see what cryptos he and his Weiss Crypto Investor Members will be riding in this rally.
That’s all for this week. Check your inbox tomorrow for even more Weiss Crypto Daily.
Best,
Beth Canova
Crypto Managing Editor
