Castle Island Ventures Co-Founder: if Trump wins or negatively impacts Memecoin market
On October 27, Castle Island Ventures co-founder Nic Carter posted on the X platform that Memecoin is largely a reaction to oppressive SEC regulation; if the SEC regulates rationally, there will be less demand for the market to trade Memecoin.Nic Carter also said that if Trump wins, it could have a negative impact on the Memecoin market.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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The final value of the US Michigan Consumer Sentiment Index for September dropped to 48.1, reaching a four-month low. Consumers expect inflation over the next year to be 4.6%, higher than last month's 4%. The expected annualized inflation rate for the next 5 to 10 years is 3.4%, the highest level since May. US gasoline and diesel prices have climbed, and mortgage rates have surpassed 7%. According to the survey leader, despite political differences, consumers unanimously believe the economic outlook has worsened.
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