Ki Young Ju, CEO and founder of CryptoQuant, recently shared his thoughts on X (formerly Twitter). He believes that Donald Trump is the right choice to support the future of cryptocurrencies. Ju highlighted Trump's background as a businessman and his active interest in the crypto space as the main reasons for his support. Unlike other politicians, Trump showed a clear commitment to understanding and participating in the field. However, he deleted his tweets after a short period of time due to personal attacks and announced that he would no longer share political content. Ki Young Ju feels that Trump's involvement in cryptocurrencies can solve problems in the industry. Trump is no stranger to cryptocurrencies and has even issued his own currency. As Ju said, Trump's remarks at the Bitcoin conference represent the views of the president and the United States. He strongly hopes that Trump can initiate the necessary dialogue for the industry on the regulation of cryptocurrencies, which is crucial. Web3 can only be built when it is properly regulated and the "pirate-like" behavior in the current crypto market is resolved. Ju mentioned that Trump's involvement will only increase his understanding of the crypto industry. The former president is already the founder of Web3 and has minted his own currency. Ju believes that even if the results are not good, Trump is more familiar with and more interested in crypto technology than Vice President Kamala Harris. In Ju's opinion, Harris has not shown any interest in crypto. The CryptoQuant CEO said Trump's leadership will strengthen the crypto industry. Ju also pointed out that when the proper legislation is enacted, large companies will become the main drivers of the cryptocurrency market. This will help fulfill the promise of Web3 and accelerate the adoption of Bitcoin, not to mention other altcoins. On the other hand, if Harris emerges as a winner, Ju said the lack of policy could cause the market to fall into another trough as insecurity will dampen investor enthusiasm. Overall, CryptoQuant CEO Ki Young Ju expects Trump's involvement in crypto to be beneficial to the industry as he will bring the necessary regulations to promote the cryptocurrency industry. He believes that Trump is more suitable for the development of cryptocurrencies, while Harris may not be very enthusiastic about the cryptocurrency industry.
The article is for reference only and does not constitute investment advice.
