As the US presidential election nears, analysts predict significant impacts on the crypto industry, especially altcoins. Ki Young Ju, CEO of CryptoQuant, suggests that altcoins like Uniswap (UNI) are undervalued due to regulatory constraints. He argues that if regulatory barriers are lifted, these altcoins could experience massive price surges.
Ju points out Uniswap's delay in implementing a fee switch due to potential legal risks, which if activated, could have significantly increased UNI's value. The anticipation of regulatory changes post-election adds to the potential for altcoin growth.
Further predictions center around potential shifts in market trends. Analysts compare Bitcoin's current trajectory to past cycles, indicating a possible altcoin season fueled by historical patterns. A decline in Bitcoin's dominance in the market is seen as a precursor to this trend.
Specifically, if Donald Trump wins, it might result in regulatory adjustments benefiting altcoins. Notably, during his previous term, Bitcoin experienced substantial growth. Overall, the election's outcome could be pivotal for the crypto market's future.
