Bitcoin has been rather disappointing for investors in recent weeks but experts at Standard Chartered Bank continues to see a strong comeback in the coming months.
Bitcoin has been rather disappointing for investors in recent weeks but experts at Standard Chartered continue to see a strong comeback in the coming months.
In fact, Geoffrey Kendrick at the $19 billion financial services behemoth expects the world’s largest cryptocurrency to print an all-time high by the end of August.
Kendrick also forecast in a recent report that BTC will hit the much-anticipated $100,000 valuation by the U.S. election day in November.
Kendrick’s forecast is on the condition that Joe Biden will still be a candidate in the presidential race, which would likely see Donald Trump returning to the White House in 2024.
If his projection comes to fruition, one coin that may also benefit is Solciety, considering that a rally in Bitcoin tends to be a tailwind for other cryptocurrencies as well.
But before choosing to invest in Solciety, let’s learn more about it.
SLCTY to benefit from elections in 2024
Solciety can be a good investment for 2024 because it calls itself the “very first political party of the Degens”.
That’s important because it positions Solciety to benefit from general elections, and this year is packed with them. The Labour Party returned to power in the United Kingdom after 14 years.
BJP with its allies secured majority in India, while reformist Masoud Pezeshkian won presidential elections in Iran – and the United States is set to vote in November.
All of it creates a tailwind for Society – a unique PolitFi token that launched on the Solana blockchain on June 18th. Click here to find out more Solciety.
Solciety is a pocket-friendly investment
SLCTY – the native token of Solciety is currently priced at only $0.002289 in the ongoing presale that is set to conclude in mid-August.
As evident from the price, you won’t need a large capital to build a sizable position in Solciety. Keep in mind that SLCTY also bumps up in price once every 72 hours during the presale.
Once the presale concludes, the Solciety token will be listed on a major crypto exchange, which will make it more accessible to investors and, hence, may result in an increase in price – something that you’ll be able to benefit from if you choose to invest in it in the presale stage.
Click here to learn the easy steps you need to follow to buy SLCTY today.
Investing in Solciety can be attractive for 2024 also because there are other ways to make money on this blockchain platform as well.
That includes creating memes and sharing them on social media to earn points.
Finally, SLCTY has entered the meme coins market at a time when the crypto space at large is expected to perform well on the back of several tailwinds, including the ETFs and halving driven strength in Bitcoin.
The U.S. Federal Reserve is also set to begin cutting interest rates at some point this year, which will boost investors’ risk appetite and may see them choosing to allocate some of their capital to cryptocurrencies (including Solciety).
You can find out more about Solciety and its native meme token on this link.
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