A second cryptocurrency project associated with Trump is following a trajectory that is all too familiar to investors and crypto enthusiasts. After TrumpCoin (TRUMP), the family-backed digital currency World Liberty Financial (WLFI) is also drawing a price hyperbola. When WLFI went on sale on September 1, the price quickly doubled, only to fall just as rapidly afterward. Even after two weeks, the currency continues to trade below the value set at the launch of the public sale.

In pursuit of the exceptional

While investor discussions are dominated by the question of whether WLFI will continue to decline or is yet to reach its true appreciation, they often overlook the most important point. What makes this particular coin exceptional, and what unique feature does it have beyond being owned by the family of Donald Trump?

Amid the flood of digital currencies, including various meme coins and tokens, of which some sources claim up to twenty thousand emerge globally every day, only one thing is certain. Finding a truly groundbreaking new coin is like searching for a needle in a haystack. Nevertheless, digital currencies do have their purpose and unique features, not only the most well-known ones such as bitcoin and ethereum.

Cryptocurrency exchanges and trading platforms, for example, were at the origin of the rise of native tokens, which serve, among other things, as tradable benefits for their clients. This use case is essentially open to any traders, or rather any organization offering products or services to a broad customer base.

The end of the punk era, regulation arrives

Tokens issued by politicians, as well as various meme coins tied to influencers, typically lack such rational foundations. Some view them more as a kind of toy in the hands of people with a sufficient number of followers. Nevertheless, they do have a positive role in the market. Somewhat surprisingly, our recent survey of a representative sample of the Czech population found that people generally perceive politicians’ tokens as a positive signal for the development of the cryptocurrency market.

Similarly, most respondents view greater regulation of the cryptocurrency market positively. I believe that people associate increased regulation with stronger security for crypto holders. It seems that the punk era of cryptocurrencies may indeed be definitively over, and digital currencies are now awaiting a new universal designation as part of their official adoption.

 

– Ali Daylami, Chief Analyst at BITmarkets

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https://archiv.hn.cz/c1-67785260-punkove-obdobi-krypta-definitivne-odpiskano