Why have old altcoins suddenly surged?

Among altcoins, some old coins from 2017 like XRP, HBAR, ADA, and EOS have risen over 30%.

This indicates that Bitcoin’s performance is starting to weaken, while altcoins like Ethereum are beginning to strengthen. This is a typical altcoin market, as long as Bitcoin can stabilize, altcoins will rotate and rise.

So why are these old altcoins rising so sharply?

Mainly because of favorable policies from Trump.

He hopes to eliminate all capital gains taxes on cryptocurrencies issued by American companies.

This means that profits gained by Americans holding ADA, ALGO, XRP, HBAR, and other crypto assets will be completely tax-free, as the creators of these coins are American companies.