The social media company Thumzup, supported by Trump's son, will acquire Dogehash Technologies and $DOGE and $LTC mining companies through an all-stock transaction. This represents a further expansion of the Trump family's presence in the cryptocurrency space. But why choose the doge and LTC track? Because the mining industry is one of the few stable profit-making sectors in the entire crypto world, which has long been dominated by the BTC and ETH duopoly. However, ETH has now switched to PoS, and projects like KAS, ETC, and ETHW are considered subpar. Projects like XMR that rely on CPU mining have little profit. The price of BTC is already very high and stable. In the mining industry, apart from BTC, only DOGE and LTC stand out, and both DOGE and LTC use the same type of mining machine. The Trump family's investment in this sector is a profoundly strategic consideration. The market capitalization of DOGE and LTC is still very low, yet their recognition is extremely high, indicating potential for the future, and the mining machine industry also has great prospects! In the short term, their prices compared to BTC indeed look poor. But with low prices and high recognition, it's easy to manipulate the market. As long as there are strong market makers entering the scene, along with some promotion and favorable news, DOGE and LTC can easily take off and attract a large number of outside players to buy!! Short-term trends are hard to predict, but in the long run, this is a very good move!
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