We are yet to see about the regulatory environment. Today was supposed the date where the Senate will vote or not vote for Caroline A Crenshaw. Hopefully she won't get elected
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Open Minded Skeptic
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$XRP $SOL $ETH A solemn warning:
Regulations are coming in hot next year and only coins with regulatory clarity will survive. Ethereum currently doesn’t have regulatory clarity but will surely obtain that, Solana on the other hand… Well, I don’t see it surviving in the long term. Make your money this run and get out. If you hold coins with regulatory clarity and ISO20022 tokens then hold them dearly and don’t sell everything at the peak(but do take profits). Certain cryptos will form the pillars of the new system. I’m talking xlm, Xrp, ethereum maybe Bitcoin and OXT will be another although I know I’ll get scoffed at for mentioning it. ISO20022 and MICA compliant tokens will survive. Thousands of coins will go to zero and real money will start flowing into the survivors, I’m talking old money from people whom are scared of the volatility at present. The manipulators of this market will be held to account in time and get gobbled up by old and institutional money. No more illicit deals with SEC chairs, no more insider trading, no more exchanges colluding with market makers to strike liquidity no more basement nerds laughing together on ventrilo as they set bear and bull traps. The Wild West will turn into a safe haven for investors. The new SEC is coming to actually protect investors(for once).
Ignore FUD and speculation. People are saying the case won’t be dropped against Ripple because gensler sent his cronies to blockade the new pro-crypto head of SEC and yadda yadda yadda, FUD and lies. Well, not lies because the weasel is trying to do as much damage as possible on his way out that the new chair will have to clean up. My anticipation for the end of the case? Likely January/February. Are you as surprised as I am that gensler allowed RLUSD? Shock and awe to all it just took monumental pressure for him to do so.
It’s a bright future for holders of compliant tokens. Are you holding coins with regulatory clarity? If not, your investment is destined for zero and I’ve adjusted my portfolio appropriately.
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