For this coin, the biggest benefit in the future is the approval of FET;
The approval of FET means that investment institutions can sell this coin directly to their clients;
To be approved for FET, three conditions are definitely needed;
1. Historical significance, newly issued coins are uncertain about how long they can survive, so the duration of existence is particularly important. In this regard, ADA, XLM, XRP, DOGE, TRX, and SOL have advantages because they have experienced this third bull market and are still active, especially Dogecoin. Perhaps people outside the circle may not know about ETH, but they basically know about Dogecoin.
2. Widespread acceptance, the long-term value of such tokens and the market recognition group,
3. Background, simply put, the influence of leading institutions or individuals, such as the SOL foundation and Musk for DOGE;
With Trump's rise to power, policies will be particularly important in the subsequent market. If the SEC begins to relax scrutiny, many coins will have the opportunity to become major coins and mainstream coins. To become major coins and mainstream coins requires a high market value; otherwise, institutional money cannot enter or is difficult to exit. For large institutions, price is not the most important consideration; the ability to absorb is key.
Therefore, these currently favored old altcoins in the market will become the first tier in this wave of the market;
The second tier consists of strong MEME coins like PEPE and WIF. Although they are in the second tier, it does not mean they cannot rise as much as those in the first tier; these are two different concepts;
The third tier consists of the leaders in various sectors, such as AI, DEFI, and GAME. When the time comes, they will definitely rise.