Altcoins are already heating up

in #crypto4 days ago

alts steem.jpg

For the last few years our altcoins haven't really done anything. Even as bitcoin climbed altcoins for a majority of them either fell flat or even decreased in value when bitcoin dumped a bit later. However as of the last few days that seems to be changing as altcoins have been picking up. In particular ones like Dogecoin are getting a boost because of Elon go figure but also other alts like Solana, Ethereum, Shiba, Bonk, ADA etc all up by double digits if not more.

This to me is already signaling that not only should we have a bitcoin rally but we should also have our altcoin rally as we push into 2025. It's going to be interesting though. Trump has promised a lot in his presidency of which he seems to be mainly focused on filtering out the corruption in government and less on crypto adoption. How much will he fulfill? It's going to be interesting because often a president doesn't really have all that much power and mainly things have to run through congress and the house. But so far it looks like that could be leaning towards republican which could mean things pass much faster and at a much more rapid rate over the next 4 years.

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