The Daily Leo #579: USDT FUD Recurrence After US Election and Potential Impact on Crypto

in LeoFinance4 months ago

There is always volatility in the markets after US elections, which usually affects the value of the dollar. Tether (USDT), the most popular stablecoin in the crypto market, faces FUD (Fear, Uncertainty, and Doubt) as it is linked to the value of the dollar. The possibility of US economic policy changes in the post-election period, especially if crypto-related regulation increases, may call into question the sustainability of USDT. Will stablecoins like Tether face any tough restrictions under new government regulations? The US election and subsequent economic policy changes may affect the future of USDT, but the crypto market is expected to remain stable in the long term.


 "Image from thread"https://open.substack.com/pub/inleo/p/usdt-fud-recurrance-and-crypto-after?r=1nhyen&utm_campaign=post&utm_medium=email.Source

Welcome to The Daily Leo! We pull the best articles in Finance, Crypto news, and Hive/Leo into one condensed information-packed space. Be sure to follow @thedailyleo so you never miss the Daily LEO. You can also subscribe to the newsletter hereSubscribe to the Daily LEO

 "IMG_5457.jpeg"

++USDT FUD Recurrance++

The post highlights the annual recurrence of Tether (USDT) FUD, with rumors of trouble with U.S. authorities, which Tether has denied. Just another day of FUD in crypto.

Despite market fears due to upcoming U.S. elections and global uncertainties, the author believes even if Tether faces penalties, it won’t have a lasting impact, especially since switching to other stablecoins is easy. The author remains confident in holding USDT.

 "IMG_5459.jpeg"

++You Should Know These Things About Blockchain++

The post stresses the importance of understanding blockchain and cryptocurrency basics for successful investing. It highlights the need for proper portfolio management, diversification, and balancing fiat and crypto income. The author advises asking key questions about returns, risks, and strategies to make informed decisions, using Hive Blockchain as an example of decentralization.

 "IMG_5460.jpeg"

The Rise of Gifu Token and Its Journey from Zero to Millions of Views in the World of GIFs

The Gifu token has experienced rapid growth, especially through its popular GIFs, some of which have garnered millions of views. This success highlights the token's potential in digital expression, attracting not only crypto enthusiasts but also broader social media audiences. The post emphasizes how Gifu GIFs have evolved from a few views to significant visibility, and how this growing engagement benefits both Giphy artists and their art.

As Gifu continues to grow, the team encourages more GIF creators to join and aims to increase demand for the token. The Gifu token is now available on Hive Engine, and further information on how to purchase it is provided.

 "IMG_5461.jpeg"

++Trump’s Win Could Mean Crypto Wins: How to Position Yourself for the Election++

The post discusses the author's strategy for the upcoming U.S. election, emphasizing a focus on memecoins rather than overthinking other altcoin investments. The author avoids leverage, expecting market manipulation by market makers to push prices down before the election, but believes a Trump win could trigger a massive rally similar to Tesla's Bitcoin announcement in 2021.

The plan is to capitalize on early memecoin launches on election day, aiming for potential significant gains. The author sees participation as key and is cautiously optimistic about profiting from the event.

InLEO is a blockchain-based social media platform for Crypto & Finance content creators. Our tokenized app allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.

Thanks for reading The Daily LEO! Subscribe for free to receive new posts and support my work.

Pledge your support

A guest post byAkinI write about the future of financial technology Subscribe to Akin

The Daily LEO is free today. But if you enjoyed this post, you can tell The Daily LEO that their writing is valuable by pledging a future subscription. You won't be charged unless they enable payments.

Pledge your support