CandleFocus Analysis Company Founder Speaks: “This Altcoin Could Rise 10 to 100 Times After the Election”
2024-10-09
Author: Content Editor
The founder of cryptocurrency analytics firm CryptoQuant, Ki Young Ju, has highlighted that some altcoins with real value are not seeing significant price increases due to cautious revenue generation amid regulatory uncertainties. He pointed to Uniswap (UNI) as an example, stating that if the platform's fee switch was enabled, its treasury could have raised $314 million. Ju predicts that if Donald Trump wins the upcoming US elections, regulatory changes could occur, which could provide a boost for altcoins. However, he also emphasized that altcoins are currently operating in an unregulated space.
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