These Two Crypto Sectors Are Predicted to Make Big Profits Due to Trump's Victory

Bittime - Donald Trump's victory in the US presidential election brought new opportunities for the crypto industry. 

With more pro-crypto policies, various crypto projects have the potential to benefit greatly, especially in the sector of DeFi and blockchain games. Read this article to find out more!

Trump Crypto: Design Token

One of the big changes that is predicted is that token design will be more developed. In the previous era, strict regulations from SEC led by Gary Gensler, makes it difficult for token designs to develop. 

According to Jeffrey Zirlin, co-founder of crypto gaming platform Sky Mavis, more crypto-friendly policies will encourage new experiments in token utility. 

This innovation allows blockchain games to distribute tokens to players, which can then be used within the game's ecosystem.  

Read Also: Donald Trump's Pro-Crypto Campaign Promises in 2024 US Election

Trump Crypto: DeFi and Blockchain Game

Zirlin said that DeFi and blockchain games are the sectors with the most potential to grow rapidly under the Trump administration. 

DeFi is already one of the backbones of the crypto industry, while blockchain gaming offers a great opportunity to attract more new users to the crypto world.

According to Zirlin, blockchain gaming projects that have real value will gain greater adoption in the next few years. 

It's not just about popularity, but also about creating an ecosystem that supports token utility, drives user engagement, and expands blockchain adoption globally.

Trump Crypto: Meme Coin

Apart from that, Zirlin also highlighted the potential of meme coins. Even though meme coins are often considered a detrimental speculative trend, he believes that meme coins are actually the door to the adoption of blockchain games.

Therefore, the focus will next shift to blockchain gaming projects that provide real value to users. 

In the future, meme coins will not only become a speculation tool, but also a means to introduce more people to the world of blockchain and crypto.

Trump Crypto: Ethereum

Apart from blockchain games and DeFi, Ethereum and the tokens in its ecosystem are also predicted to benefit greatly from Trump's pro-crypto policies. 

Joe Lubin, CEO of ConsenSys, stated that Ethereum has advantages over other blockchains, mainly because of its mature ecosystem. 

With the support of friendlier policies, Ethereum-based projects are expected to further develop, both in the DeFi sector and other utilities.

With that said, now seems to be the moment the right one to enter the world of DeFi or try your luck in blockchain gaming. 

Read Also: List of Trump Coin Memes that You Must Monitor

Trump Crypto FAQ

What are the Crypto Assets Related to Donald Trump?

Several crypto assets related to Donald Trump are increasingly popular, especially ahead of the 2024 US election. There are several crypto projects and assets related to Donald Trump, such as MAGA (TRUMP), Super Trump Coin (STRUMP), and World Liberty Financial.

Why Trump's Victory is Considered Good for the Crypto Industry?

Since proposing himself as a 2024 US presidential candidate, Trump has increasingly shown his support for the crypto industry. With Trump's victory, several crypto assets are predicted to experience rapid growth, especially the DeFi and blockchain gaming sectors.

What Are Trump's Pro-Crypto Campaign Promises?

There are several pro-crypto promises made by Trump during the 2024 US election campaign, such as making Bitcoin a national reserve asset, making the US the "Crypto Center of the World", using Bitcoin to reduce national debt, protecting Bitcoin mining rights and self-custody, and establishing pro-crypto regulatory committee.

How to Buy Crypto di Bittime

Want to trade sell buy Bitcoins and crypto investment easily? Bittime is here to help! As an Indonesian crypto exchange officially registered with Bappebti, Bittime ensures every transaction is safe and fast.

Start with registration and identity verification, then make a minimum deposit of IDR 10,000. After that, you can immediately buy your favorite digital assets!

Check the exchange rate BTC to IDR, ETH to IDR, SOL to IDR and other crypto assets to find out today's crypto market trends in real-time on Bittime.

Additionally, visit Bittime Blog to get various interesting updates and educational information about the world of crypto. Find trusted articles about Web3, blockchain technology, and digital asset investment tips designed to enrich your knowledge in the world of crypto.

Reference:

Trading View, Media Crypto Trading View, accessed November 21, 2024.

Bitcoin, Bitcoin Official Website, accessed November 21, 2024.

Author: IPR