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Trump and Cryptocurrency: A Shift from Skepticism to Adoption

Donald Trump's stance on cryptocurrency has undergone a radical transformation. After describing them as "fake currencies" in 2019, he has now become a major supporter and financial beneficiary of this sector. His interest began to change with the launch of his own NFTs, which achieved massive sales. As the presidential elections approach, Trump has adopted a pro-crypto stance, promising to support innovation in digital assets if he wins the presidency.

The cryptocurrency industry has invested millions of dollars in his campaign, reflecting its growing influence. His supportive statements have led to a rise in the prices of some digital currencies, in what is known as the "Trump rally." Financial reports reveal that Trump has generated significant income from cryptocurrency projects, and his media company has acquired Bitcoin as part of its strategy. This shift indicates a more favorable regulatory environment for cryptocurrencies in the United States during his potential term.