Plus Wallet Dominates with 15-Minute Listings & Trust Wallet Launches New Launchpool; Kamala Harris's Latest Tax Plan Detailed

Kamala Harris's proposed 25% tax on unrealized capital gains has set alarm bells ringing in the crypto community, particularly for those holding

Hot Wallets Step Up Amid Kamala Harris's Tax Proposal and Trust Wallet's Launchpool Launch

Kamala Harris's proposed 25% tax on unrealized capital gains has set alarm bells ringing in the crypto community, particularly for those holding over $100 million in assets. Fears of massive sell-offs are mounting as investors prepare for potentially huge tax bills.

In times like these, having a wallet that's fast and adaptable isn't just a convenience, it's a lifeline. Two of 2024's best hot wallets are stepping up to meet these challenges: Plus Wallet and Trust Wallet.

1. Trust Wallet News: Launchpool Feature Empowers Web3 Projects

Trust Wallet has finally introduced its decentralized Launchpool feature, becoming the first self-custody wallet to do so. This new function, launched on October 1, 2024, allows users to stake Trust Wallet Token (TWT) or other partner tokens to earn rewards from both new and existing projects.

Users benefit from access to exclusive tokens and rewards, while emerging Web3 ventures gain visibility and community support. The Launchpool feature operates via smart contracts, ensuring security and transparency, and aims to strengthen on-chain communities.

2. Kamala Harris's New Tax Plan Could Trigger Massive Sell-Offs

U.S. presidential candidate Kamala Harris's proposal for a 25% tax on unrealized capital gains has sparked concerns, especially within the crypto community. The tax targets individuals with assets exceeding $100 million, and Zac Townsend, CEO of Meanwhile, warns it could trigger widespread sell-offs.

High-profile investors, like the Winklevoss twins, could face massive tax bills, potentially leading them to sell off portions of their portfolios to cover the costs. This influx of assets into the market could quickly drive down cryptocurrency prices and drastically impact long-term investment strategies, which often involve holding digital assets for extended periods.

3. No More Waiting Weeks with Plus Wallet's 15-Min Token Listings!

When it comes to getting tokens listed quickly, Plus Wallet boasts an unmatched speed that transforms a process typically plagued by delays into a seamless and rapid experience. Imagine applying for a token listing and having it live for trading in just 15 minutes—that's the incredible speed Plus Wallet offers.

This capability is especially critical in today's fast-moving crypto market, where capturing attention early is essential for success. With regulatory shifts and market pressures constantly in play, having a token listed before the market mood changes can be a huge advantage.

This incredible speed grants token issuers immediate access to liquidity and a broader investor pool, while investors gain almost instant entry to new investment opportunities. Whether launching a project or scouting for fresh investments, Plus Wallet ensures action when timing matters the most.

2024's Best Hot Crypto Wallet

As regulatory pressures like Kamala Harris's tax proposal continue to shape the crypto market, both projects and investors alike need tools that offer speed and flexibility to remain competitive.

Trust Wallet's Launchpool news is empowering Web3 projects to grow their communities and reward users through staking, a solid step toward strengthening on-chain ecosystems.

But when time is of the essence and immediate market access is critical, Plus Wallet truly shines. With its ability to list tokens in just 15 minutes, Plus Wallet provides an unmatched edge—helping projects secure investor attention without delay and offering investors instant access to new opportunities.

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