Categories: Bitcoin Business

‘Tip Trump’ Meme Targets POTUS While BAT Cryptocurrency Soars 19%

Click here to view original web page at www.ccn.com
The BAT cryptocurrency gained 19% after its integration onto a gamer streaming site. Meanwhile, a meme was born as Trump was tipped BAT. | Source: Shutterstock. Image Edited by CCN.

Donald Trump might not be a fan of Bitcoin and other cryptocurrencies, but that hasn’t stopped him racking up some Basic Attention Token (BAT) in recent times.

No, Trump didn’t decide to jump on the BAT hype train. However, being the native currency of the Brave web browser, users can tip any Twitter user they wish using BAT.

Basic Attention Token surged 19% leading into Friday morning, off the back of news it had been integrated into Sliver.tv – an online streaming site for gamers.

Meanwhile, a new meme was born…

Trump now owns crypto – whether he likes it or not

Whether he likes it or not, Donald Trump is now legally in possession of at least 1 unit of Basic Attention Token.

The tip was given in direct response to the U.S President’s tweets from last week when he opined that cryptocurrency’s value was based on thin air. Trump’s comments came amid a flurry of put-downs aimed at virtual currencies, including Facebook’s Libra.

I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air. Unregulated Crypto Assets can facilitate unlawful behavior, including drug trade and other illegal activity….

— Donald J. Trump (@realDonaldTrump) July 12, 2019

Despite the apparent wisdom evidenced in some of the Trump administration’s recent economic policies, it’s unlikely the president could have picked a better token to hold had he tried.

In the 24-hour period since the BAT was sent to Trump’s Twitter handle, the token’s value surged by 19% – marking out Basic Attention Token as the top performer among the top fifty cryptocurrencies.

Basic Attention Token lands on gamer streaming site – BAT gains 19%

Basic Attention Token’s Friday morning rally coincided with its integration onto Sliver.tv. Initially a domain of Theta Network (THETA), users will now be able to receive BAT tokens as payment for ads watched on Sliver.tv.

Thrilled to announce @SLIVERtv360 / Theta Network is an ad partner on the Brave Ads platform. https://t.co/QOEmTn5nYx ads are now featured in the Brave browser for users who opt into Brave Rewards. More details on our joint marketing campaign here: https://t.co/aOoP4d45jn pic.twitter.com/fxSlRtL1Ew

— Brave Software (@brave) July 18, 2019

From a 24-hour low of $0.214663, the value of BAT climbed to $0.256317 by early Friday morning. That marked 19.4% growth at its peak. A pullback then ensued which carried the token price back to the $0.24 range, leaving 10% net gains overall.

Basic Attention Token cryptocurrency surges nearly 20%. | Source: TradingView

Unfortunately, unless Trump’s pro-crypto SEC buddy, Elad Roisman, notifies him about the workings of BAT, he probably won’t benefit from the recent price movement.

Trump now has just under 90 days to create a Brave browser account and accept his Basic Attention Token tip. After that point, the token will be returned to the person who sent it.

Between slim and none, what are the chances the President accepts his crypto tip?

I’ll take the under.

cinerama

Illuminati, Mason, Anonymous I'll never tell. I can tell you this, global power is shifting and those who have the new intelligence are working to acquire this new force. You matter naught except to yourself, therefore prepare for the least expected and make your place in the new world order.

Disqus Comments Loading...
Share
Published by
cinerama

Recent Posts

G7 To Investigate Bitcoin{BTC} And Other CryptoCurrencies

Source: Wikimedia The G7 meets next week to investigate regulations for Bitcoin and other cryptocurrencies. G7 To Discuss Bitcoin Next… Read More

47 mins ago

US Treasury Blackballs Bitcoin Addresses of Chinese Drug Kingpins

The US Treasury is blacklisting specific bitcoin addresses related to Chinese druglords. | Source: Shutterstock By CCN Markets : The… Read More

48 mins ago

Modex: How blockchain can solve the fake news problem

LONDON, UK - Media OutReach - 22 August 2019 -When Satoshi Nakamoto solved the Byzantine General's problem in 2008 by… Read More

48 mins ago

Unlocking the future of blockchain innovation with privacy-preserving technologies

The origins of blockchain as many are familiar with it today can be traced back to the Bitcoin whitepaper ,… Read More

48 mins ago

Maerki Baumann Why a Swiss private bank is embracing blockchain

Maerki Baumann decided it could not sit still and hope for the best. At a time of increasing pressure on… Read More

48 mins ago

World Bank picks up millions in latest blockchain bond move

In August of last year, the World Bank and the Commonwealth Bank of Australia (CBA) announced a new bond alternative… Read More

48 mins ago

This website uses cookies. We use these cookies to collect data about your interaction with our website for the purpose of continuously improving your experience with our site. For more information we encourage you to read our privacy policy.

Read More