Key Takeaways
- Justin Solar, Elon Musk publicly endorsed Trump.
- Trump’s pro-crypto stance has bolstered his re-election prospects.
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Elon Musk, the CEO of SpaceX and Tesla, and Justin Solar, the founding father of the Tron blockchain, launched their first public endorsements for Donald Trump within the 2024 US presidential election following a capturing that focused the previous president yesterday.
“I absolutely endorse President Trump and hope for his speedy restoration,” Musk mentioned in a Saturday put up on X (previously Twitter).
“Because the election approaches, I absolutely endorse President Trump and hope for his speedy restoration,” Solar acknowledged. “He’s a more sensible choice for the crypto trade and may guarantee fairer therapy.”
The Republican candidate has made headlines over the previous few months for his assist of Bitcoin and the US crypto trade.
Trump has vowed to finish “Joe Biden’s campaign to crush crypto” and to assist the US crypto sector. He additionally believes the nation needs to be the chief within the discipline and that there isn’t a second place. As a part of his crypto-friendly method, Trump’s marketing campaign began accepting donations in crypto belongings.
Solar beforehand urged the crypto group to assist a pro-crypto presidential candidate; nonetheless, he didn’t identify a particular presidential candidate.
“We must always assist a presidential candidate who endorses cryptocurrencies. We have to display to the candidate that the cryptocurrency group, firms, and protocols are vital stakeholders whose voices needs to be heard and whose pursuits needs to be protected,” mentioned Solar in an X put up in Could.
Trump’s newfound pro-crypto place has bolstered his re-election prospects. Following the current capturing, the percentages reached a document excessive on Polymarket, a decentralized prediction market platform.
Based on information from Polymarket, Trump at the moment has a 70% probability of successful the 2024 election, in comparison with Biden’s 16%.
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