The US crypto industry is making waves by investing over $238 million in the 2024 election, beating out traditional sectors like oil and pharmaceuticals. It’s the first time the digital asset sector has outperformed an established industry in political contributions. 🚀

- According to data from Breadcrumbs, $181 million went to pro-crypto super PACs, while another $57 million went to individual candidates.

- Big names like Coinbase, Ripple, and Andreessen Horowitz contributed $160 million to PACs supporting pro-crypto candidates.

- Donald Trump and Kamala Harris were the top recipients, with Trump raising over $22 million, including $8 million in crypto like BTC, ETH, and XRP.

- Harris received around $12 million, mostly from Ripple co-founder Chris Larsen.

What do you think, is this a smart move or is it overkill? Let’s discuss in the comments!