TRON Founder Justin Sun Urges Support for Pro-Crypto President Amid Trump, Biden Rift
Justin Sun, the founder of TRON, is calling on the blockchain community to rally behind a pro-crypto candidate amidst the escalating tensions between Joe Biden and Donald Trump leading up to the 2024 U.S. presidential election.
In a statement released on Sunday, Sun emphasized the need to support a presidential candidate who embraces cryptocurrencies. He asserted that the cryptocurrency community, companies, and protocols are significant stakeholders whose voices deserve to be heard and interests safeguarded.
Expanding on his advocacy for digital assets, Sun continued his push in a subsequent post on Monday. He emphasized the importance of the cryptocurrency industry presenting a unified front to society, highlighting that its interests should be promoted and protected. Failure to do so, he warned, could result in losing the votes of the 50 million cryptocurrency users and potentially the election.
The political climate surrounding the upcoming U.S. presidential election has become increasingly tense. Republican frontrunner Donald Trump has shown considerable support for the cryptocurrency sector, even pledging to pardon Silk Road founder Ross Ulbricht if elected. Trump expressed his positive and open-minded stance towards cryptocurrency companies and their related ventures, stressing the importance of the United States leading in this field. In contrast, Trump criticized Joe Biden, labeling him as the worst president in history, who wants the cryptocurrency industry to suffer a slow and painful death.
On the other hand, Joe Biden has taken a more regulatory approach towards digital assets. He recently announced his intention to veto any attempts to overturn the United States Securities and Exchange Commission’s (SEC) SAB121.
The rift between Trump and Biden has become more apparent, with recent events revealing the stark financial differences in their respective campaigns. Biden’s campaign message to supporters disclosed that Trump’s campaign had raised $50 million in a gala event last month, surpassing Biden’s election funds.
Cryptocurrency may play a crucial role in the 2024 presidential election, as data indicates that it is a significant concern for 20% of voters in swing states. Trump and Biden are currently in a close race according to the polls leading up to the November elections.
