political

📅 September 24 | United States
A new political scandal is shaking Washington: Senators Elizabeth Warren and Elissa Slotkin have requested a formal ethics investigation into Donald Trump's alleged ties to cryptocurrency-related deals. The request comes at a key moment, as the former president and Republican candidate seeks to retake the White House while simultaneously facing accusations about his influence in the crypto industry.

📖 The letter sent by Warren and Slotkin requests the Senate Ethics Committee conduct a thorough review of Trump's involvement in dealings with companies linked to cryptocurrencies. According to lawmakers, there could be conflicts of interest and misuse of political influence, especially following reports that close allies of the former president promoted crypto initiatives while maintaining direct connections to him.
Key points to the request:
The senators warn that Trump's dealings in the crypto sector could pose a risk to political transparency and institutional integrity.The investigation points to possible personal benefits derived from policies or regulations favorable to the sector.Warren, known for her critical stance against the crypto industry, reinforces her narrative that “digital assets facilitate corruption and money laundering.”
The scandal adds tension to an already turbulent electoral landscape: Trump has made cryptocurrencies and digital dollarization part of his economic discourse, while Democrats accuse him of using the sector as a vehicle for opaque business dealings.
Beyond the political battle, the truth is that this investigation could have repercussions on how the White House and Congress approach crypto regulation in the coming months.

Topic Opinion:
This case is an example of how cryptocurrencies have become a top-tier political weapon. Regardless of whether Trump is guilty or not, what we're seeing is that digital assets are no longer just a matter of technological innovation, but a battleground where power, influence, and elections are at stake.
💬 Do you think this investigation is legitimate or a political attack on Trump in the midst of a campaign?

Leave your comment...
#TRUMP #ElizabethWarren #political #EstadosUnidos #CryptoNews $WLFI

According to data from blockchain analytics firm Chainalysis, the creators of the #TR TRUMP token—linked to companies associated with the #TR Trump family—made over $320 million in revenue through transaction fees and early token sales. Meanwhile, the token has dropped nearly 87% in value since its launch, leaving most retail #investor in the red.
Experts say the profits were mostly concentrated among insiders who launched and promoted the token using #political branding and hype. For everyday #investors investors, however, it turned out to be a risky bet with significant losses.
This case adds to a growing list of celebrity or politically linked that appear profitable only for their creators, while regular investors suffer the downside..

With the United States Presidential election only 28 days away. The Political #Memecoins🤑🤑 have experienced a massive uptrend in their valuations. Moreover, some have surged over 2X within a week, highlighting the increasing intensity of these projects in the market.
In this article, we have covered the market sentiments, price action, and possible short-term price targets of the top 3 #political memecoins as the U.S. Presidential election for 2024 nears.
MAGA (TRUMP)
The MAGA price has jumped ~27% in the past 24 hours with a trading volume of $17.54 million. Moreover, it has jumped 54.52% over the past week and 1,036.46% this year.

The Relative Strength Index (#RSI ) has breached the overbought range in the 1D time frame. Further, with the SMA acting as a support, the TRUMP coin shows a positive outlook in the coming time.
If the market continues trading under a bullish influence, the MAGA coin price could prepare to test its upper resistance level of $9 during the upcoming weeks. Conversely, a setback could pull the memecoin toward its support level of $1.50.
Super Trump Coin (STRUMP)
The STRUMP price has soared ~50% over the past day and is on the verge of retesting its August high. Moreover, it has jumped 2,701.85% since its inception. This highlights a strong bullish sentiment for it in the market.

The technical indicators #MACD and SMA record an increase in the bullish sentiment in the 1D time frame. This indicates an increase in the buying-over-seeling pressure for the memecoin in the crypto market.
If the market continues favoring the bulls, this could result in the STRUMP price retesting its upper resistance level of $0.015160 this month. On the contrary, a bearish action could pull the Super Trump Coin price toward its low of $0.003625.
MAGA (MAGA)
The MAGA crypto price has breached its important resistance of $0.0001844 by adding ~105% to its valuation over the past week. Further, this memecoin has gained massive attention from the crypto space and has soared 2,200% within 5 months.

The Moving Average Convergence Divergence (MACD) shows a constant rise in the green histogram with its averages showing a bullish trend. This suggests that the MAGA coin price will continue gaining value in the coming time.
Maintaining the price above its resistance level of $0.000184 could set the stage for this meme coin to prepare to head toward its upper resistance level of $0.000488 this month. However, if the bulls regain power, the price could retest its low of $0.00011250.
#moonbix