Techandtips123
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Trump Is Killing Your Favorite Altcoins
The strategic reserve was a great idea by Donald Trump, but the inclusion of altcoins makes me suspicious about its true intention. The Bitcoin reserve itself is a great idea—Bitcoin has overthrown every financial asset in this decade by a light-year. However, the altcoin space is not that solid.
The altcoins mentioned in this reserve are likely gonna drop 90% or more in a bear market, meaning they don’t hold value against Bitcoin. They’re not stable like gold, nor will they outperform Bitcoin on a larger scale.
I don’t think people will benefit from the U.S. crypto reserve if they choose any altcoins over Bitcoin—or even alongside Bitcoin. The Bitcoin strategic reserve itself is a strong concept, but I don’t believe XRP, ADA, Solana, or any of the others will outperform Bitcoin anytime soon. They’re also far more volatile.
A perfect example is Solana—its price pumped hard after being mentioned by Donald Trump, only to dump sharply right after. This kind of price action highlights why altcoins lack the same long-term credibility.
Bitcoin is like gold, a store of value, something that has proven its worth globally. Altcoins, on the other hand, may have some utility, but they are nowhere near the level of real-world adoption that would justify their inclusion in a national crypto reserve.
There are many reasons why including altcoins in this reserve is a questionable decision, but in light of the price manipulation seen with Solana and others, maybe that’s the whole point. Altcoins are easier to pump and dump, making them perfect for quick speculative profits rather than long-term stability.
A perfect example of how insiders might be gaming the system happened just before Trump announced the Crypto Reserve. An individual leveraged a 50x long position on both $BTC and $ETH, turning a $4 million stake into a staggering $200 million gamble. As soon as prices surged, they swiftly exited their positions, securing an impressive $6.8 million profit—all within a single day.
This raises the question: Was this decision made for genuine strategic reasons, or is it just a coordinated effort to pump certain coins before dumping them on retail investors?
#TexasBTCReserveBill #Trump’sExecutiveOrder #MarketPullback
The altcoins mentioned in this reserve are likely gonna drop 90% or more in a bear market, meaning they don’t hold value against Bitcoin. They’re not stable like gold, nor will they outperform Bitcoin on a larger scale.
I don’t think people will benefit from the U.S. crypto reserve if they choose any altcoins over Bitcoin—or even alongside Bitcoin. The Bitcoin strategic reserve itself is a strong concept, but I don’t believe XRP, ADA, Solana, or any of the others will outperform Bitcoin anytime soon. They’re also far more volatile.
A perfect example is Solana—its price pumped hard after being mentioned by Donald Trump, only to dump sharply right after. This kind of price action highlights why altcoins lack the same long-term credibility.
Bitcoin is like gold, a store of value, something that has proven its worth globally. Altcoins, on the other hand, may have some utility, but they are nowhere near the level of real-world adoption that would justify their inclusion in a national crypto reserve.
There are many reasons why including altcoins in this reserve is a questionable decision, but in light of the price manipulation seen with Solana and others, maybe that’s the whole point. Altcoins are easier to pump and dump, making them perfect for quick speculative profits rather than long-term stability.
A perfect example of how insiders might be gaming the system happened just before Trump announced the Crypto Reserve. An individual leveraged a 50x long position on both $BTC and $ETH, turning a $4 million stake into a staggering $200 million gamble. As soon as prices surged, they swiftly exited their positions, securing an impressive $6.8 million profit—all within a single day.
This raises the question: Was this decision made for genuine strategic reasons, or is it just a coordinated effort to pump certain coins before dumping them on retail investors?
#TexasBTCReserveBill #Trump’sExecutiveOrder #MarketPullback
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