QCP: The influence of TRUMP token could potentially become the catalyst for driving the expected altcoin season
QCP Capital pointed out that the influence of TRUMP token could potentially be a catalyst for driving the expected altcoin season. The launch of TRUMP on SOL has proven to be an important endorsement for this chain, which may allow SOL ETF to gain approval earlier than expected.
With increased media exposure brought about by similar releases, retail capital inflow might continue unabated. The memecoin launched by Trump also attracted major institutions as it solidified the president's stance in supporting cryptocurrencies.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Yesterday, the net inflow of the US Solana spot ETF was $15.7 million.