Key Points
- Former President Donald Trump is expected to speak at the Bitcoin Conference 2024, rebranding himself as a “crypto president”.
- Trump’s announcement led to an 8% surge in Trump-inspired memecoin TREMP.
Former President Donald Trump is confirmed to speak at the upcoming Bitcoin Conference 2024 in Nashville, Tennessee. He will be sharing the stage with other political figures.
Known for his previous anti-crypto stance, Trump is now attempting to rebrand himself as a “crypto president” ahead of the next election.
Headliners at the Bitcoin Conference 2024
The Bitcoin Conference 2024 is a three-day event with an impressive lineup of speakers. Among them are independent presidential candidate Robert F. Kennedy Jr., political commentator Russell Brand, and former Republican presidential candidate Vivek Ramaswamy.
The variety of speakers emphasizes the event’s wide appeal and the importance of the ongoing discussion about cryptocurrency. Despite the presence of several notable speakers, Trump’s participation is drawing the most attention. He is scheduled to give a 30-minute keynote address on the last day of the conference.
His speech is anticipated to be a strategic move to attract voters and capitalize on the support he has already received from influential figures in the cryptocurrency industry, such as the Winklevoss twins. There are also rumors that he might announce plans to designate Bitcoin as a U.S. strategic reserve.
Impact on the Cryptocurrency Industry
This news has had a noticeable impact on the cryptocurrency market. The Trump-inspired memecoin Doland Tremp [TREMP] saw an increase of over 8% in the past 24 hours, according to CoinGecko.
At the same time, Bitcoin’s value increased by around 5%, trading at approximately $67K at the time of writing, as per CoinMarketCap. On the prediction market platform Polymarket, Trump has consistently led the charts with about 60% of the votes.
However, Vice President Kamala Harris’s odds have recently increased to 38%, indicating potential changes in the political landscape.
