Trump's election is the most significant boost for Ethereum/altcoins
I believe it is: a relaxation of crypto regulation, encouraging crypto innovation, including firing Gary. Additionally, Trump explicitly mentioned at the Bitcoin conference, "designing transparent regulatory guidance for the entire industry, to be completed within 100 days."
How to understand the relaxation of regulation, I believe it includes several aspects:
- Good for project parties. No more hiding, complying with regulation can land in the U.S.
Good for market makers, especially proactive market makers.
Good for exchanges, a transparent regulatory framework allows them to work confidently and boldly.
Good for crypto VCs seeking LPs, crypto is put in the spotlight, making it much easier to raise funds.
Industry insiders naturally understand who needs the above four conditions: altcoins.
Behind altcoins is the application layer of crypto. It can be anticipated that in the next four years, more entrepreneurs will join the crypto industry, increasing the primary capital to support crypto, and more killer applications continuously emerging, which is fundamentally good for Ethereum.