
Crypto News: Trump Administration Set to Focus on U.S.-Based Altcoins, Expert Reveals Bullish Outlook
The cryptocurrency market is bracing for a potential turnaround, as a top expert has revealed that the Trump Administration is set to focus on U.S.-based altcoins. Andrew Lunardi, Head of Growth at Immutable, shared his insights on the Milk Road podcast, painting a bullish picture for the industry.
Lunardi attributed this optimistic forecast to the anticipated regulatory clarity from the Trump Administration, which he believes will unlock substantial investment, particularly from institutional investors. “We’re about to see clear regulatory guidelines on what it means to have a compliant token, which will reduce risks and encourage more institutional capital to flow into the market,” he explained.
The expert also pointed out that the declining popularity of meme coins is a positive sign for the industry. While some might view this as a bearish signal, Lunardi sees it as an opportunity for liquidity from these coins to be reallocated into more established altcoins, potentially benefiting diverse crypto portfolios.
Moreover, Lunardi emphasized the significance of institutional capital inflows and the rise of exchange-traded funds (ETFs) in providing substantial support to the market. “The infrastructure for institutional capital is in place, with more ETFs opening up the market,” he said.
In his assessment, Lunardi’s focus remains on Bitcoin and Solana, despite the current hype surrounding meme coins. He also highlighted the Trump Administration’s interest in U.S.-based cryptocurrencies that have utility and real-world applications.
While acknowledging potential challenges posed by macroeconomic factors such as tariffs and inflation, Lunardi warned that short-term market fluctuations may occur due to these global economic uncertainties, particularly if tariffs escalate and inflation remains high.
As a result of his predictions, it appears that the focus is shifting towards U.S.-based altcoins.