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Crypto Degens Will Decide the US Elections? 😱

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coinmarketcap.com

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Tue, Aug 20, 2024 11:32 AM

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Explore the latest industry news, insightful data, and exciting updates from CoinMarketCap. ͏ ?

Explore the latest industry news, insightful data, and exciting updates from CoinMarketCap. ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌       [CoinMarketCap Logo](~/AAQRxQA~/RgRopwO6P0QraHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS8_bGlkPXoyYnhsZWoxNjF2dFcDc3BjQgpmu7p-xGaqh0GfUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) Data as of: 20 Aug 2024 11:30 UTC Coinbase thinks so. In a recent study, the US-based crypto exchange found that: Gen Z and Millennials make up 40% of all eligible voters. Of those aged 18 to 34, 1 out of 4 own crypto. 51% of young voters are likely to support pro-crypto candidates. With key swing states like Georgia and Michigan likely to impact the presidential race, November 5 is shaping up to be a crucial date for the crypto industry. How will crypto shape up leading to the elections? We’ll cover this and more in today’s newsletter! But first, here’s a TLDR: - Bitcoin is flat despite a strong U.S. economy and financial stability talks with China. [What’s suppressing the price?](~/AAQRxQA~/RgRopwO6P0RuaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvYml0Y29pbi1zdHJ1Z2dsZXMtZGVzcGl0ZS1zdHJvbmctbWFjcm9lY29ub21pYy1kYXRhP2xpZD1qMzI5aDUwZnNweHZXA3NwY0IKZru6fsRmqodBn1IbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) 📉 - Despite Cboe's filing removal, VanEck remains committed to launching a Solana ETF. [Will SOL ETF get the green light?](~/AAQRxQA~/RgRopwO6P0SNaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvdmFuZWNrcy1oZWFkLW9mLXJlc2VhcmNoLXNvbGFuYS1ldGYtc3RpbGwtaW4tdGhlLXdvcmtzLWRlc3BpdGUtY2JvZS1maWxpbmctcmVtb3ZhbD9saWQ9MXl5N2p6OHJ0bjhhVwNzcGNCCma7un7EZqqHQZ9SG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) 📊 - Coinbase reveals young crypto voters are evenly divided in key swing states. [What is crypto’s impact on the upcoming election?](~/AAQRxQA~/RgRopwO6P0R_aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvY29pbmJhc2UteW91bmctY3J5cHRvLXZvdGVycy1zcGxpdC1iZXR3ZWVuLWRlbW9jcmF0cy1hbmQtcmVwdWJsaWNhbnM_bGlkPWRwZjNsNWIyOGp5a1cDc3BjQgpmu7p-xGaqh0GfUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) 🗳️ - Tether introduces USDT on the scalable Aptos blockchain. [Why did Tether launch on Aptos?](~/AAQRxQA~/RgRopwO6P0R-aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvdGV0aGVyLWxhdW5jaGVzLXVzZHQtb24tYXB0b3MtYmxvY2tjaGFpbi1mb3ItbG93ZXItdHJhbnNhY3Rpb24tZmVlcz9saWQ9Nnd3N21sYmZ4b2t1VwNzcGNCCma7un7EZqqHQZ9SG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) 💵 - Tron's Sundog coin gains popularity following Justin Sun's launch of SunPump. [Are Tron meme coins the next big thing?](~/AAQRxQA~/RgRopwO6P0R6aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvdHJvbnMtc3VuZG9nLW1lbWUtY29pbi1zb2Fycy1hbWlkLWxhdW5jaC1vZi1qdXN0aW4tc3Vucy1zdW5wdW1wP2xpZD1nOThkbmg3cXc3Y3NXA3NwY0IKZru6fsRmqodBn1IbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) 🚀 Let’s dive in after the market overview! MARKET OVERVIEW GLOBAL MARKET CAP $2.14T ▲4.06% (24h) 24H MARKET VOLUME $62.29B ▲19.08% (24h) BITCOIN’S DOMINANCE 56.02% ▲0.25% (24h) FEAR & GREED INDEX 46 Neutral [Bitcoin] Bitcoin $60,632.71 ▲4.49% (24h) [Ethereum] Ethereum $2,650.79 ▲2.98% (24h) [BNB] BNB $566.86 ▲6.19% (24h) [ALL CRYPTO PRICES/DATA »](~/AAQRxQA~/RgRopwO6P0QraHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS8_bGlkPXdpa2Jxcmh6aHQweFcDc3BjQgpmu7p-xGaqh0GfUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) [TRENDING CRYPTO »](~/AAQRxQA~/RgRopwO6P0RFaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS90cmVuZGluZy1jcnlwdG9jdXJyZW5jaWVzLz9saWQ9dmdiMng4YTZ3c3hsVwNzcGNCCma7un7EZqqHQZ9SG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) [NEW LISTINGS ON CMC »](~/AAQRxQA~/RgRopwO6P0QvaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9uZXcvP2xpZD1kejJhMXd0ODBjOWlXA3NwY0IKZru6fsRmqodBn1IbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) [TRENDING DEX PAIRS »](~/AAQRxQA~/RgRopwO6P0RAaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9kZXhzY2FuL3RyZW5kaW5nL2FsbC8_bGlkPW9kaHhxeGE5cWNpYVcDc3BjQgpmu7p-xGaqh0GfUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) TOP GAINERS 24H% [CATX] [CATX](~/AAQRxQA~/RgRopwO6P0QqaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL2NhdHgvVwNzcGNCCma7un7EZqqHQZ9SG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) ▲2282.63% [FLAKY] [FLAKY](~/AAQRxQA~/RgRopwO6P0QraHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL2ZsYWt5L1cDc3BjQgpmu7p-xGaqh0GfUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) ▲865.3% [sunpepe] [sunpepe](~/AAQRxQA~/RgRopwO6P0QtaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL3N1bnBlcGUvVwNzcGNCCma7un7EZqqHQZ9SG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) ▲599.07% TOP LOSERS 24H% [MAGA] [MAGA](~/AAQRxQA~/RgRopwO6P0Q2aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL21hZ2EtcGVvcGxldG9rZW4vVwNzcGNCCma7un7EZqqHQZ9SG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) ▼99.82% [DOGO] [DOGO](~/AAQRxQA~/RgRopwO6P0QqaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL2RvZ28vVwNzcGNCCma7un7EZqqHQZ9SG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) ▼93.31% [reddit pepe] [reddit pepe](~/AAQRxQA~/RgRopwO6P0QxaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL3JlZGRpdC1wZXBlL1cDc3BjQgpmu7p-xGaqh0GfUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) ▼92.28%     BTC Chops Despite Strong Traditional Markets Bitcoin recently surged over 6%, only to dip below $60,000, and is now holding at $60,390. Meanwhile, the S&P 500 is flirting near all-time highs and Gold breaking above ATHs, Bitcoin's struggles continue. Concerns about a recession are prompting traders to rethink their crypto exposure. Yet, economic resilience has Goldman Sachs lowering recession odds and hinting at possible Fed rate cuts. But with $372 million in ETF outflows and miners under pressure, Bitcoin's path remains uncertain. [Could a turnaround be on the horizon?](~/AAQRxQA~/RgRopwO6P0RuaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvYml0Y29pbi1zdHJ1Z2dsZXMtZGVzcGl0ZS1zdHJvbmctbWFjcm9lY29ub21pYy1kYXRhP2xpZD1qcnRzNTQ3dWZ4NDFXA3NwY0IKZru6fsRmqodBn1IbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc)   VanEck's Solana ETF Still in the Game! Despite Cboe pulling its filing for a Solana ETF, VanEck isn’t backing down. Matthew Sigel, VanEck’s digital assets chief, assures that the asset manager’s plan is still on track. Solana ETFs could follow the path of Bitcoin and Ethereum by using a similar trust structure. [Will Solana get an ETF soon?](~/AAQRxQA~/RgRopwO6P0SNaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvdmFuZWNrcy1oZWFkLW9mLXJlc2VhcmNoLXNvbGFuYS1ldGYtc3RpbGwtaW4tdGhlLXdvcmtzLWRlc3BpdGUtY2JvZS1maWxpbmctcmVtb3ZhbD9saWQ9NXcxbnlydDBkbjN1VwNzcGNCCma7un7EZqqHQZ9SG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~)   Crypto Voters Could Tip the 2024 US Electoral Scales A recent Coinbase study reveals that young crypto holders in key swing states are nearly evenly split between Democrats and Republicans. With 41% leaning Democrat and 39% Republican, crypto's influence could be crucial in the upcoming presidential election. Historically, young voters have swayed results, and with digital assets gaining traction, both parties might need to pay attention. With Donald Trump vocally supporting crypto, while Kamala Harris remains quiet on digital assets, [will cryptocurrencies become a hot topic on the campaign trail?](~/AAQRxQA~/RgRopwO6P0R_aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvY29pbmJhc2UteW91bmctY3J5cHRvLXZvdGVycy1zcGxpdC1iZXR3ZWVuLWRlbW9jcmF0cy1hbmQtcmVwdWJsaWNhbnM_bGlkPTQ2dzFkNWJkOTVkblcDc3BjQgpmu7p-xGaqh0GfUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~)   CMC NARRATIVES: RWA RWA Hit Hard: Real-World Asset (RWA) projects like Ondo and Centrifuge aren't immune, seeing drops of 35-50% recently. RWA Projects Still Growing: Despite the price dip, many RWA projects are actually growing in total value locked (TVL) over the last 30 days. RWA Future Looks Bright: The RWA sector is still gaining traction, with big financial players showing interest, though it’s unclear if they’ll launch native tokens. [Continue Reading.](~/AAQRxQA~/RgRopwO6P0RnaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvdGhpcy13ZWVrLWluLXJ3YS10b2tlbnMtZG93bi1mdW5kYW1lbnRhbHMtdXA_bGlkPTcwaXQzZG5hc3BhOVcDc3BjQgpmu7p-xGaqh0GfUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) [CMC NARRATIVES: RWA](~/AAQRxQA~/RgRopwO6P0RnaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvdGhpcy13ZWVrLWluLXJ3YS10b2tlbnMtZG93bi1mdW5kYW1lbnRhbHMtdXA_bGlkPXJwaDMxdmZjeWxkMFcDc3BjQgpmu7p-xGaqh0GfUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~)   Track larger RWA trends on CMC Narratives: [Track Narrative](~/AAQRxQA~/RgRopwO6P0RBaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS92aWV3L3JlYWwtd29ybGQtYXNzZXRzP2xpZD1lNHVydms3cHViNjJXA3NwY0IKZru6fsRmqodBn1IbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc)   Aptos Now Supports Native USDT Tether has rolled out USDT on the Aptos blockchain. By harnessing Aptos’ speed and scalability, Tether aims to make digital currency transactions more accessible for everything from microtransactions to large enterprises. Despite facing a $3.5 billion lawsuit from Celsius, Tether continues to innovate, offering faster and cheaper options for USDT users. [Could this be a game-changer for mainstream adoption?](~/AAQRxQA~/RgRopwO6P0R-aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvdGV0aGVyLWxhdW5jaGVzLXVzZHQtb24tYXB0b3MtYmxvY2tjaGFpbi1mb3ItbG93ZXItdHJhbnNhY3Rpb24tZmVlcz9saWQ9cGRkZ3F0N2Q0c3BnVwNzcGNCCma7un7EZqqHQZ9SG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~)   Tron Meme Coin Sparks Whale Interest Sundog, a Tron meme coin, has gained significant attention from crypto traders. The meme coin was launched on Justin Sun’s SunPump, Tron’s version of the popular Solana platform Pump.fun. Since its launch on August 15, SUNDOG surged explosively, reaching a peak of $325 million. Furthermore, this is boosted by a $10 million allocation from Sun's Meme Ecosystem Boost Incentive Program. [Will Tron see a surge in meme trading activity?](~/AAQRxQA~/RgRopwO6P0R6aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvdHJvbnMtc3VuZG9nLW1lbWUtY29pbi1zb2Fycy1hbWlkLWxhdW5jaC1vZi1qdXN0aW4tc3Vucy1zdW5wdW1wP2xpZD1mbzYybXRoenY4a2tXA3NwY0IKZru6fsRmqodBn1IbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc)   And that's it for today. See you tomorrow!   [Apple Store](~/AAQRxQA~/RgRopwO6P0Q6aHR0cHM6Ly9hcHBzLmFwcGxlLmNvbS9hcHAvY29pbm1hcmtldGNhcC9pZDEyODIxMDcwOTg_bHM9MVcDc3BjQgpmu7p-xGaqh0GfUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) [Google Play](~/AAQRxQA~/RgRopwO6P0RQaHR0cHM6Ly9wbGF5Lmdvb2dsZS5jb20vc3RvcmUvYXBwcy9kZXRhaWxzP2lkPWNvbS5jb2lubWFya2V0Y2FwLmFuZHJvaWQmaGw9ZW5fVVNXA3NwY0IKZru6fsRmqodBn1IbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) [Twitter](~/AAQRxQA~/RgRopwO6P0QyaHR0cHM6Ly90d2l0dGVyLmNvbS9Db2luTWFya2V0Q2FwP2xpZD01Mmpxc2FtMHFsNTVXA3NwY0IKZru6fsRmqodBn1IbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) [Telegram](~/AAQRxQA~/RgRopwO6P0QraHR0cHM6Ly90Lm1lL0NvaW5NYXJrZXRDYXA_bGlkPXN2Z3R4ZGNiODd1c1cDc3BjQgpmu7p-xGaqh0GfUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) [Facebook](~/AAQRxQA~/RgRopwO6P0Q3aHR0cHM6Ly93d3cuZmFjZWJvb2suY29tL0NvaW5NYXJrZXRDYXA_bGlkPXB0dGFreGV4OGtieFcDc3BjQgpmu7p-xGaqh0GfUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) [Instagram](~/AAQRxQA~/RgRopwO6P0Q5aHR0cHM6Ly93d3cuaW5zdGFncmFtLmNvbS9jb2lubWFya2V0Y2FwLz9saWQ9bTgxdWlkZmt0dm52VwNzcGNCCma7un7EZqqHQZ9SG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) [LinkedIn](~/AAQRxQA~/RgRopwO6P0RAaHR0cHM6Ly93d3cubGlua2VkaW4uY29tL2NvbXBhbnkvY29pbm1hcmtldGNhcC8_bGlkPXpxYjlyaGI1OHRralcDc3BjQgpmu7p-xGaqh0GfUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) DISCLAIMER: Please be aware that CoinMarketCap is NOT a cryptocurrency exchange and does NOT facilitate the buying, selling, withdrawal or trading of crypto/token assets. 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