On November 5, elections will take place in the USA. I decided to create an election portfolio in case Trump wins. I remind you that Trump positions himself as a supporter of cryptocurrencies - he accepts cryptocurrencies for donations to his campaign, wants to create a national strategic reserve of bitcoins in the USA, and appoint a SEC chairman friendly to cryptocurrencies. I decided to include tokens in the portfolio that could significantly rise in value if Trump wins.
🥇 Let's start with Bitcoin, which could very well reach a value of $80,000. The asset is currently in a local correction, but broader market sentiment remains optimistic. Plus, a rate cut from the Fed is expected next week, which could also positively impact the king of cryptocurrencies.
🌚 Solana could rise by 400% if Trump wins the election, claims Standard Chartered bank. A Solana ETF will be more likely under Trump than under Kamala Harris. Overall, the project has decent prospects for further growth.
🐶 Dogecoin is associated with Elon Musk, who actively supports Trump. Musk previously stated that he would create a so-called Department of Government Efficiency (D.O.G.E.) if the former president wins, which will aim to reduce government spending. Support for DOGE will be ensured, so I am also including it in my portfolio.
🎯 MAGA TRUMP is the largest meme coin associated with Trump. The acronym MAGA encodes Trump's main slogan - Make America Great Again! Due to its small capitalization, it could rise more than others in case of a win, but it could also fall sharply if Trump loses.
👉 I allocate $1,000 for this experiment. I will buy each token for $250, and I will report the results. As a last resort – HOLD. May the force be with Trump! -)
