Pro-Crypto Trump Mulls Dividends–How This Impacts $BTCBULL’s Bitcoin Airdrops
21 February 2025 - 10:36PM
NEWSBTC
American citizens may soon receive a significant financial boost if
the U.S. government follows through on its plan to cut spending and
save trillions of dollars. While this move appears to be an act of
fiscal responsibility, it could also have unexpected benefits for
$DOGE—given its name’s connection to a department led by Elon Musk.
This so-called “airdrop for the masses” could further fuel interest
in meme coins, particularly those offering free airdrops, such as
BTC Bull Token ($BTCBULL). Below, we break down the details. Job
Cuts, Terminated Contracts: A DOGE-y Savings Plan? Donald Trump and
Elon Musk—arguably the most unexpected duo of the century—have
forged a partnership that feels like a match made in crypto heaven.
Both are big supporters of cryptocurrency, with Trump signing an
executive order and Musk leading the newly created Department of
Government Efficiency (DOGE), which shares the name of the popular
meme coin. Over the past several weeks, Musk’s DOGE made sweeping
changes across the US government, which led to cuts in the federal
workforce, termination of federal contracts, and unprecedented
access to Treasury data, among other things. These moves aim to
help the US government save around $2T, according to Trump and
Musk. Now, they want to give some of it back to American taxpayers.
20% Dividends to American Taxpayers, Courtesy of DOGE Earlier this
week, Musk shared on X Azoria CEO and co-founder James Fishback’s
proposal to send out a so-called ‘DOGE dividend’. The X CEO tweeted
he would check with Trump about the idea of distributing 20% of the
government’s savings to American citizens, with another 20% going
to repaying the national debt. ‘I love it,’ was Trump’s response in
an interview aboard Air Force One. If the plan pushes through and
the government reaches its $2T savings goal, that means every
American household that pays federal income tax will receive $5K.
In crypto terms, the US government would airdrop the said amount to
its beloved taxpayers. This move could also add goodwill to
DOGE—the coin, not the department—which Musk has hyped on social
media over the years. It sure could use a little boost, as it
slipped to $0.25 in February after hitting a $0.46 high in December
last year. But if there’s a cryptocurrency that rarely needs an
introduction or social media hype, that’d be Bitcoin ($BTC). It’s
the biggest and most popular crypto on the planet, with a market
cap of $1.94T. $BTCBULL: You Get a $BTC Airdrop, Everybody Gets a
$BTC Airdrop Many meme coins try to associate themselves with
popular coins like $BTC, $PEPE, and $DOGE. But none of these get as
much attention at the moment as $BTCBULL. The project bets on a
$BTC bull run to rally people to invest in its token. Its main draw
is the free $BTC airdrops $BTCBULL holders will receive when
Bitcoin reaches $150K and $200K. It’s a compelling proposal, as BTC
Bull Token has already raised over $2.5M since its presale began
last week. Aside from the free $BTC airdrop, the project will also
airdrop its own $BTCBULL tokens when $BTC reaches the $250K mark.
While it’s difficult to say when BTC Bull will reach this
milestone, it’s worth mentioning that $BTC is currently trading
near the $100K level at $98K. It could be sooner, though, as
Standard Chartered’s Geoffrey Kendrick said that $BTC could reach
$500K by the end of Trump’s term. Another part of the project’s
roadmap is the scheduled token burns when $BTC hits $125K, $175K,
and $225K. These milestones would reduce the $BTCBULL token supply,
making the remaining ones more valuable. This rewards hodlers and
encourages them to keep their tokens for as long as possible. Users
can also stake their coins. BTC Bull’s staking pool currently
contains over 611M tokens, which would earn rewards for as long as
these users lock their tokens. At the moment, the staking APY is at
172%. Before Your Invest in Crypto The crypto space is highly
volatile, which means you could easily lose money if you aren’t
careful. Because of this, we recommend that you do your own
research before you invest in crypto. Never invest money you’re not
ready to lose. Also, consult with a financial advisor before you
buy digital currencies or join crypto presales. The information in
this article is for informational purposes only and does not
constitute investment advice.
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