A Week In Crypto: Trump NFTs on the Rise, RFK’s Bitcoin Endorsement, Klarman’s Acclaim for Coinbase, and Dogecoin’s Inactive Wallets
In the cryptocurrency market, there were several notable developments last week.
Legendary investor Seth Klarman praised Coinbase Global Inc., citing the company’s smart moves and $5 billion cash reserve. He also mentioned that he sees the real estate market as a good opportunity for investment.
A dormant Dogecoin wallet suddenly became active after over nine years, now holding over $1.31 million worth of Dogecoin. It is speculated that the wallet owner acquired these tokens shortly after Dogecoin’s launch in 2013.
Donald Trump’s NFT collection saw a surge in sales, with a 300% increase within 24 hours. The spike in popularity coincided with the release of Melania Trump’s NFT collection, “The 1776 Collection.” This comes after Donald Trump previously released a second batch of his NFT trading cards.
YouTube personality MrBeast has been linked to PEPE Coin, as evidence suggests that a digital wallet associated with him may hold ownership of the cryptocurrency. MrBeast is known for his involvement with cryptocurrencies and non-fungible tokens.
Robert Kennedy Jr. reaffirmed his support for Bitcoin, stating that if elected president, he would prioritize safeguarding individuals’ right to use and hold the cryptocurrency. He also hailed Bitcoin as a defense against totalitarianism and manipulation of the money supply.
Overall, these developments highlight the growing interest and support for various digital assets in the cryptocurrency market.