On the surface, Trump's presidency is mainly beneficial for Bitcoin, including "establishing a national strategic Bitcoin reserve" and "100% retention of Bitcoin owned by the U.S.," etc., not a word about 97458865682. However, in my view, Trump's election is far more advantageous for Ethereum and altcoins than for Bitcoin.
Regardless of who is elected, it will not change Bitcoin's trend; the structure of 19760475152 is clear, there are no legal issues, and the ETF has been approved. Prices of 100k, 200k, 300k are just a matter of time. On the other hand, Ethereum and altcoins face many issues, including weight and application layers that cannot keep up.
The most significant benefit of Trump's election for Ethereum/altcoins, in my opinion, is the relaxation of crypto regulation, encouraging crypto innovation, including firing Gary.
Additionally, Trump clearly mentioned at the Bitcoin conference, "designing transparent regulatory guidelines for the entire industry, which will be completed within 100 days." The altcoins rely on the application layer of crypto. It can be anticipated 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 the history of crypto. In Trump's own words, crypto is like steel from 100 years ago; Trump genuinely recognizes the crypto market, and this is our blessing. If Harris were elected, Ethereum/altcoins wouldn’t just be in trouble; they would continue to struggle for a long time. Without resolving regulatory issues, altcoins will find it hard to rise.
Pay special attention to the memes on the Ethereum chain, in conjunction with Musk's recent post on X about the Dogecoin sandstorm; we can learn more about the Doge on the Ethereum chain!
Marvin (7055) is the latest Dogecoin concept from Musk, with a strong community and consensus, continuously driving forward. Currently, it has just over 10 million USD market cap, with significant growth potential and has been listed on multiple exchanges, so it's worth a little investment!
