With Old Trumps Election Secure China Unlocks Cryptocurrencies 5 Hottest Altcoins in Bull Market

CoinJie News Report:
First, let’s take a look: On one side, there is a live TV broadcast of Biden and Trump, and on the other side, their respective tokens are plummeting.
BODEN fell by 19%, TRUMP fell by 11%, and MAGA fell by 4%. I don’t need to say who performed worse, right?


Vice President of the Hong Kong University of Science and Technology, Wang Yang, said that China’s complete ban on cryptocurrency mining is very unwise, causing miners to move to the United States and bringing over $4 billion in tax revenue to the United States. It is better to let state-owned enterprises mine or invest in mining, ensuring risk control. He said that with the possibility of Republican presidential candidate Donald Trump being elected, the Chinese government should reconsider the significance of cryptocurrency.


“The domestic market may reconsider what digital assets are and whether we should embrace them. In the development of the ‘Belt and Road’ countries, digital asset tokenization of real-world assets (RWA) will eventually be possible.
He continued, “But China’s strategy may really need to take this path. If Trump takes office, China will need to reassess all these policies in a very short period of time.”
Trump’s recent stance on Bitcoin and cryptocurrencies has made a 180-degree turn. He stated that he is willing to support the self-custody rights of cryptocurrencies.
Wang Yang admitted that he thought Bitcoin and blockchain were scams in 2012 and 2014, so he missed the opportunity.
“Hong Kong’s pace in the service sector is too slow. We seem to be satisfied with the status quo. Hong Kong should have a higher goal, to have determination, or even faith, to lead the development of the entire region, including the future direction of blockchain technology.”
(There is also about this Bitcoin conference, Trump’s speech on stage is also good for political meme coins like Trump, Maga, and People, so everyone can set up ambushes for these coins, there may be unexpected surprises.)
5 Popular Altcoins in the 2024 Bull Market!
1. PEPE
PEPE coin may rise to $1! Many people think that PEPE coin cannot rise to $1 because there are too many circulating tokens on the market. It is like a fantasy to make 4.2 quadrillion tokens rise to $4.2 quadrillion.
But think about it, in 2009, Bitcoin was only worth a few cents. 15 years later, it skyrocketed to $73,000 per coin. Why can it rise so high? Time is the biggest factor. PEPE coin has a deflationary mechanism that can burn tokens at any time to increase the price. Each transaction burns a few tokens and removes them from the system. Although this function is not yet available, imagine the tokens that have been burned, they are counted in trillions. PEPE coin is a popular asset in the cryptocurrency circle, with large price fluctuations, which can make a lot of profit in a year. Unfortunately, many people still don’t understand what deflationary mechanism is. But it doesn’t matter, time will prove everything!


2. WLD
WLD cryptocurrency may reach $1 million per coin for the following reasons: Limited total supply: The total supply of WLD is 143 million tokens, of which 43 million tokens are allocated to verified users on the World App, and 100 million tokens are allocated to market makers outside the United States to promote transactions. This means that the circulation of WLD is relatively small, which will help push up its price.
Strong team: WLD was co-founded by Sam Altman and Alex Blania, the founders of OpenAI, and Max Novendstern. They are experienced technology experts and entrepreneurs with a successful track record. This will contribute to the development and promotion of WLD.
*Unique value proposition: WLD aims to provide a unique digital identity for everyone in the world. This identity can be used for various purposes, such as accessing financial services, obtaining social welfare, and participating in online communities. This will make WLD have a wide range of potential uses and may significantly increase its demand.
Of course, WLD also faces some challenges, such as the volatility of the cryptocurrency market and regulatory uncertainty. However, if WLD can overcome these challenges, it may reach $1 million or even higher.


3. BONK
Bonk is one of the leading meme coins on the Solana blockchain, predating similar projects. It is proud not only of being a meme coin but also of being driven by a vibrant community, described by its developers as “born for the people, by the people.”
Since its inception, Bonk has been committed to enhancing liquidity within the Solana ecosystem, successfully driving up the value of $SOL and various other tokens on the network to new heights.
Currently, the price of $BONK is $0.00002484, with a 24-hour trading volume of $242.32 million and a market capitalization of $1.39 billion. $BONK’s price has experienced a slight decline of -9.66% in the past 24 hours, and its 14-day RSI is 35.85, indicating neutral sentiment.
Bonk’s current price is above its 200-day simple moving average (SMA) of $0.0000195. Looking ahead, Bonk may further grow in the upcoming bull market, especially with the expected launch of recently approved Ethereum ETFs.


4. FLOKI
Inspired by the phenomenon of meme coins led by Dogecoin, Floki Inu quickly became a significant player in the cryptocurrency market and could bring astonishing returns of 1000% by the end of 2024. Named after Elon Musk’s beloved Shiba Inu, Floki Inu stands out with its strong community and proactive marketing strategy. Although rooted in meme culture, Floki Inu aims to add real value to its token by creating practical applications such as an NFT marketplace and metaverse. With an engaging brand and active social media presence, Floki Inu has attracted a group of investors eager for high returns.
Despite initial skepticism, Floki Inu has shown resilience and rapid growth, thanks to its passionate community and dedicated development team. Currently priced at $0.00017533, it has experienced a 10.07% decrease in the past 24 hours. Floki Inu has a market capitalization of $1.61 billion. In just this year, Floki Inu has grown by 658.18%, demonstrating strong performance and promising prospects. It is an attractive investment for those seeking substantial returns in the near future.


5. LINK
Chainlink (LINK) is a critical component of blockchain technology, providing a secure and reliable decentralized oracle network. These oracles provide real-world data to smart contracts, enabling them to operate based on accurate and up-to-date information.
Price information: Vital for decentralized finance (DeFi) applications to provide accurate financial data to smart contracts.
Insurance: Provides reliable data for various insurance applications, such as weather data for crop insurance or shipping data for maritime insurance.
Chainlink’s technology ensures tamper-proof and precise data for smart contracts on DeFi platforms, maintaining the integrity and reliability of these platforms. In addition to financial data, Chainlink’s applications in insurance and other fields highlight its broad practicality and growth potential.