Trump plans to decanking by locking trader’s eye 3 with an American token

3 Min Read
3 Min Read

Preparations for Trump’s crypto-breaking order is actually ongoing as the administration reportedly plans to investigate allegations of discriminatory banking against crypto companies and conservatives. With the August 7 crypto tariff approaching, traders are focusing on three USA tokens. (inj)star (xlm)and the Zebec Network (ZBCN) -It was able to see some important price movements in the development of political break-up reports.

Trump’s crypto debanking order is flapping with American tokens

Trump’s Crypto Bank Order targets what critics are calling “Operation Chalk Point 2.0” This is a suspicion of a systematic denial of banking services to crypto companies during the Biden administration. Banking regulators are directed to look into potential violations of equal credit laws and consumer protection regulations, and violate institutions facing financial penalties along with enforcement actions.

Nathan McCauley, CEO of Anchorage Digital, said this about his experience of stripping.

“We had a growing bank over the years that decided to turn off our bank accounts, essentially using DIME.”

The investigation into this political de-canking report is actually energized with USA tokens as the August 7 crypto tariff announcement is now approaching.

1. Injections (Inj) show bullish momentum

Inj has skyrocketed 10% over the last 24 hours, with its relative strength index exceeding 50.0. If Trump’s crypto decanking order provides regulatory clarity, Inj could support a $14.14 resistance and also ralliate towards $15.42. However, sales pressure could actually be below support of under $13.01.

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2. Stellar (XLM) targets key resistance

XLM has grown 13% over the last 24 hours, trading at $0.4166 over the $0.4245 resistance. The 50-day exponential moving average currently supports Made in USA Token Rally. If the August 7 crypto tariff creates favorable terms, XLM can target $0.4450, or even $0.4701.

3. Zebec Network (ZBCN) appears as a dark horse

ZBCN has risen 27% over the past week, trading at $0.0051 and $0.0052, close to a resistance level of $0.0057. The squeeze momentum indicator shows this emerged momentum that appeared in the USA token project. If the political bank report generates positive sentiment, the ZBCN could surge to $0.0059.

Caitlin Long, founder and CEO of Custodia Bank, said:

“Trump’s Crypto executive order excludes Fed & FDIC from the Digital Asset Working Group. Both attempted to kill the industry through de-pasting, targeting my company in particular.”

Trump’s order to leave the cryptocurrency could actually restructure banking ties with cryptocurrencies, and could benefit these American-made tokens as the August 7 cryptocurrency fee deadline is now approaching.

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