Kamala Harris’s proposal for a 25% tax on unrealized capital gains has ignited a wave of apprehension in the cryptocurrency community, particularly among those with assets exceeding $100 million. This unprecedented approach has raised concerns that a surge in asset liquidations may be on the horizon as individuals seek to mitigate steep tax impacts.
In moments like these, speed and adaptability in crypto wallets aren’t just advantageous; they’re essential. Two of 2024’s top-performing hot wallets—Plus Wallet and Trust Wallet—are leading the charge in meeting these demands head-on.
Plus Wallet takes the lead with an extraordinary feature: the ability to list tokens in just 15 minutes. This unprecedented speed offers projects a vital head start in a market where every second matters, ensuring swift entry and heightened visibility.
For users, this means instant access to new token opportunities without the delays typically associated with listings. Meanwhile, Trust Wallet’s new Launchpool feature empowers users by allowing them to stake tokens and earn rewards, an initiative that not only boosts visibility for Web3 projects but also fosters vibrant on-chain communities.
Trust Wallet News: Launchpool Feature Empowers Web3 Projects
Trust Wallet has introduced its innovative Launchpool feature, making it the first self-custody wallet to launch such a service. As of October 1, 2024, users can stake Trust Wallet Token (TWT) or other collaborative tokens, earning rewards from both emerging and established projects.
This feature grants users exclusive access to tokens and rewards while giving Web3 initiatives valuable exposure and community support. Operated on smart contracts, the Launchpool guarantees both transparency and security, reinforcing on-chain networks and bolstering project engagement.
Kamala Harris’s New Tax Plan Could Trigger Massive Sell-Offs
U.S. presidential candidate Kamala Harris’s tax plan, which proposes a 25% tax on unrealized capital gains, has raised deep concerns across the crypto community. Targeting individuals with assets over $100 million, this policy has led figures like Zac Townsend, CEO of Meanwhile, to caution that this could provoke a wave of sell-offs.
Prominent figures such as the Winklevoss twins face significant tax burdens under this plan, potentially driving them to liquidate considerable portions of their portfolios. An influx of assets into the market could suppress cryptocurrency prices, undermining long-term holding strategies that often rely on the appreciation of digital assets over extended periods.
No More Waiting Weeks with Plus Wallet’s 15-Min Token Listings!
When it comes to rapid token listings, Plus Wallet sets a new standard, transforming a process often bogged down by delays into a swift, seamless experience. Imagine going from a token application to live trading within just 15 minutes. This is the remarkable efficiency of Plus Wallet’s presales listing feature, providing a tremendous advantage over the weeks-long wait times standard on other platforms.
The listing process is as efficient as it is quick. Project teams submit a brief application, pay the listing fee, and moments later, their token is ready for trading. In today’s fast-paced crypto market, this level of speed is crucial; the sooner a token goes live, the better its chances of capturing early interest. With regulatory changes and market fluctuations at play, achieving market entry before the landscape shifts is an invaluable edge.
For project creators, this rapid listing means instant access to liquidity and a larger pool of potential backers, while users benefit from immediate access to fresh opportunities. No longer do token projects languish in wait as market trends evolve. Whether launching a new initiative or exploring emerging opportunities, Plus Wallet’s approach ensures timely action when every second counts.
2024’s Best Hot Crypto Wallet
With increasing regulatory pressures, such as Kamala Harris’s proposed tax on unrealized gains, shaking up the crypto market, both projects and users need adaptable, fast solutions to remain competitive.
Trust Wallet’s latest Launchpool feature exemplifies this by enabling Web3 projects to expand communities and reward users through staking—a meaningful advance in on-chain ecosystem support.
However, when timing is critical and immediate market access is essential, Plus Wallet’s performance is unmatched. With its unique ability to list tokens in only 15 minutes, Plus Wallet provides a substantial advantage, ensuring new projects capture attention without delay and giving users prompt access to new opportunities.
Explore Plus Wallet:
Website: https://pluswallet.app/
Download: https://onelink.to/pluswalletapp
Twitter: https://x.com/pluswalletapp
Instagram: https://www.instagram.com/pluswallet.app/
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