- Trump will be renamed ‘crypto president’ at the 2024 Bitcoin conference.
- Trump’s actions boosted the Trump-inspired memecoin TREMP by 8%.
Former President Donald Trump will speak at Bitcoin [BTC] Conference 2024 in Nashville, Tennessee, along with other political figures.
Trump was previously known for his anti-crypto stance and now wants to transform himself into a ‘crypto president’ in the run-up to election day.
Why is Donald Trump making headlines?
The three-day Bitcoin Conference 2024 event promises an impressive lineup of speakers.
The roster includes independent presidential candidate Robert F. Kennedy Jr., political commentator and comedian Russell Brand, and former Republican presidential candidate Vivek Ramaswamy.
The diverse range of speakers highlights the broad appeal of the event and the importance of the ever-evolving discourse around cryptocurrency.
Despite the presence of several notable speakers, Trump’s presence is already receiving the most attention as he will deliver a 30-minute keynote address on the final day of the conference.
His speech is expected to be a strategic move for the court’s voters and will capitalize on the support he has already received from influential cryptocurrency figures such as the Winklevoss twins.
Furthermore, there are rumors that he could announce plans to declare Bitcoin a US strategic reserve.
Note about this: an X account (formerly Twitter) with the username Coin_Games noted,
“The most Web3-friendly president in American history.”
Impact of the Bitcoin Conference on the Industry
This development also had a noticeable impact on the Trump-inspired memecoin Doland Tremp [TREMP]which, according to CoinGecko, is up more than 8% in the last 24 hours.
At the same time, Bitcoin saw a rise of around 5% and was trading at around $67,000 at the time of writing. CoinMarketCap.
On the prediction market platform PolymarktTrump has consistently topped the charts with about 60% of the vote.
However, Vice President Kamala Harris’ chances recently increased to 38%, signaling possible shifts in the political landscape.