SUN

Sun Yuchen: Trump's presidency will bring a huge transformation to the Web3 industry, and the potential of the crypto market is severely underestimated

ChainCatcher news, Huobi HTX global advisor Sun Yuchen stated in the Spaces open mic titled "Waiting for the Dust to Settle in America, Witnessing BTC's New High" that Trump's presidency could bring a "180-degree turnaround" for the Web3 industry. He pointed out that this change would not only create a more relaxed policy environment but also promote innovation and mainstream development in the Web3 field, making it possible for the industry to welcome a freer innovation environment and broad support.In addition, Sun Yuchen commented on Bitcoin breaking its historical high, stating that under the current election backdrop, many cryptocurrencies have not yet reached their deserved heights. The regulatory pressure over the past four years has shaken internal confidence, and outsiders lack a deep understanding of the industry, exacerbating the information gap. He emphasized that investors should not underestimate Trump's profound impact on the crypto market; once his policy inclinations become clear, the crypto market may experience a stronger upward momentum.Regarding the industry's prospects, Sun Yuchen stated that cryptocurrencies are gradually forming influence globally and are continuously moving towards the mainstream at both policy and market levels, with their position in society and politics becoming increasingly important in the future.
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