On the surface, Trump's presidency is mainly favorable for Bitcoin, including "establishing a national strategic Bitcoin reserve" and "100% retaining Bitcoin owned by the U.S.", but there is no mention of $ETH . However, in my view, Trump's election is much more beneficial for Ethereum and altcoins than for Bitcoin.
No matter who is elected, it will not change the trend of Bitcoin. The trend structure of $BTC is clear, there are no legal issues, and the ETF has been approved. The prices of 100k-200k-300k are just a matter of time.
However, Ethereum and altcoins have many issues, such as heavy weight and the application layer not keeping up.
The most important benefit of Trump's election for Ethereum/altcoins, in my opinion, is the relaxation of crypto regulation, encouraging crypto innovation, including the dismissal of Gary.
Additionally, Trump clearly mentioned at the Bitcoin conference, "designing transparent regulatory guidance for the entire industry, to be completed within 100 days". Behind altcoins is the application layer of crypto. It is foreseeable that in the future, more entrepreneurs will join the crypto industry, and more funds will support crypto, which is fundamentally beneficial for Ethereum.
This is an unprecedented opportunity in crypto history. In Trump's own words, crypto is the steel of 100 years ago. Trump genuinely recognizes the crypto market, which is our blessing.
If Harris is elected, Ethereum/altcoins might not just be playing dead; they would continue to struggle for a long time. If regulatory issues are not resolved, it will be difficult for altcoins to rise.
Focus on the memes of the Ethereum chain; every bull market must produce golden dogs. Pay more attention to the dogs of the Ethereum chain!
I am investing in Marvin (7055), which is the latest dog coin from the Musk concept. The community is strong, there is consensus, and it continues to push forward. Currently, it has a market value of just over 10 million USD, with a very large growth potential, and it has been listed on multiple exchanges, so take a look! #特朗普上台概念币有哪些？ #Marvin #Marvin7055
