Solciety in focus as SCB says Bitcoin will hit ATH in August

Bitcoin has been rather disappointing for investors in recent weeks but experts at Standard Chartered Bank continues to see a strong comeback in the coming months.

In fact, Geoffrey Kendrick at the $19 billion financial services behemoth expects the world’s largest cryptocurrency to print an all-time high by the end of August.  

In a recent report, Kendrick also forecast that BTC will hit the much-anticipated $100,000 valuation by the U.S. election day in November.

What BTC strength may mean for Solciety

His forecast assumes that Joe Biden will remain a candidate in the presidential race which would likely see Donald Trump returning to the White House in 2024.

If Geoffrey Kendrick’s projection plays out, a crypto coin that may also benefit is Solciety since a Bitcoin rally tends to be a tailwind for other cryptocurrencies as well.

But before you choose to invest in Solciety, let’s learn more about it.

SLCTY to benefit from elections in 2024

Solciety may be a good investment for 2024 since it calls itself the “very first political party of the Degens”.

That’s significant because it positions Solciety to benefit from general elections and that’s what this year is all about. The Labour Party has returned to power in the United Kingdom after 14 years.

BJP with its allies secured majority in India while reformist Masoud Pezeshkian won presidential elections in Iran – and the United States is scheduled for elections in November.

All of it is a tailwind for Society – a unique PolitFi token that launched on the Solana blockchain on June 18^th. Click here to find out more Solciety.

Solciety is a pocket-friendly investment

SLCTY – the native token of Solciety is currently going for $0.002289 only in the ongoing presale that is scheduled to end in mid-August.

What the price suggests is that you won’t need a huge capital to build a sizable position in Solciety. Note that SLCTY bumps up in price once every 72 hours as well during the presale.

Once the presale ends, the Solciety token will likely list on a notable crypto exchange that will make it more accessible for investors and, therefore, may deliver an increase in price – one that you’d be able to benefit from provided that you choose to invest in it in the presale stage.

Click here to learn the easy steps you need to follow to buy SLCTY today.

What rate cuts may mean for SLCTY

Investing in Solciety may be attractive for 2024 also because there are other ways to make money on this blockchain platform as well.

That includes creating memes and sharing them on social media to earn points.

Lastly, SLCTY has entered the meme coins market at a time when the crypto space at large is expected to do well on the back of several tailwinds including the ETFs and halving driven strength in Bitcoin.

The U.S. Federal Reserve is scheduled to begin lowering interest rates at some point this year as well that will boost the risk appetite of investors and may see them choosing to park some of their capital in cryptocurrencies (including Solciety).

You can find out more about Solciety and its native meme token on this link.