Singapore-based crypto trading firm QCP Capital believes that the launch of the TRUMP memecoin on the Solana blockchain could potentially trigger the next altcoin season. According to QCP, the selection of Solana for the TRUMP token launch is a strong vote of confidence in the blockchain, and it could accelerate regulatory approval for a Solana-based ETF. The firm also suggests that the high-profile nature of the TRUMP launch could increase institutional interest in Solana, potentially leading to the approval of a SOL ETF earlier than expected. QCP expects the attention garnered by the TRUMP token launch to attract retail investors and fuel market activity, setting the stage for a broader altcoin rally.



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