In the context of altcoin investors being concerned about the upcoming US presidential election, the worries are not unfounded. However, not all altcoins will have to endure failure. In this article, we will examine the impact of the election results on the market and the altcoins that have the potential to survive, or even thrive, in different circumstances.
The impact from the election can be strong, as the market may reassess the potential of altcoins in the context of new policies. If Trump wins, the management outlook may be relaxed, benefiting projects like DeFi on Ethereum such as AAVE, UNI, and DOGE, thanks to support from Musk's plans. Conversely, if Harris wins, the market may face tighter regulations, presenting many challenges for altcoins.
Regardless, projects recognized as digital commodities like QUIL may still survive. Especially, if meme coins like DOGE comply with regulations, they could experience stable growth.
Therefore, investment strategies should be flexibly adjusted according to the election results: open BTC buy positions when there is increased regulation, or hold potential altcoins under a loose regulatory regime. The result announcement is at 12 PM on November 6th, Beijing time, and the current odds from Polymarket reflect a 57.9% chance for Trump and 42.1% for Harris.
