For various cryptocurrencies, the biggest benefit in the future is undoubtedly the approval of FET.
The approval of FET means that investment institutions can sell the coins directly to their clients.
To be approved through FET, three conditions must be met:
The first is historical significance.
Newly issued cryptocurrencies cannot determine their longevity, so survival time is crucial.
In this regard, coins like ADA, XLM, XRP, DOGE, TRX, and SOL have advantages because they have survived through three bull markets and remain active.
In particular, Dogecoin, which may be unknown to outsiders regarding ETH, is generally well-known.
The second is widespread acceptance, meaning the long-term value of these tokens and the range of groups recognized by the market.
The third is background, simply put, the influence of the leading institutions or individuals.
For example, the foundation of SOL and Elon Musk of DOGE are influential factors.
With Trump's administration, policies will become particularly critical in the subsequent market.
If the SEC begins to relax scrutiny, many cryptocurrencies will have the opportunity to advance to major or mainstream coins.
However, to become a major or mainstream coin, a high market capitalization is necessary; otherwise, institutional funds will find it difficult to enter or exit. For large institutions, price is not the primary consideration; carrying capacity is key.
Therefore, the most favored established altcoins in the current market will be in the first tier during this wave of market movement. Follow the official account: Coin Old Say, no waste of time.
The second tier includes strong MEME coins like PEPE and WIF, but being in the second tier does not mean their price increase will be lower than that of 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 timing is right, they will also rise.