.png){kind=logo}
President Trump's recent launch of $TRUMP has introduced a new dynamic to the crypto market. While $TRUMP has exploded immediately after its launch, it could potentially affect leading assets such as Bitcoin and Ethereum – and we’ll check it out in the following.
Meanwhile, Pluto Chain ($PLUTO) could gain strong whale attention as it could bring smart contracts to Bitcoin through its hybrid Layer-2 network.
These features could expand its reach into previously untapped areas such as DeFI, NFTs, AI, and more, making it a serious competitor to Solana and Ethereum in the future.
Trump’s new token, $TRUMP, went viral immediately after its listing – launched on the Solana blockchain, it has already hit a market cap of over $11 billion, with 200 million tokens in circulation.
$TRUMP’s launch has also shaken up leading assets like Bitcoin (BTC) and Ethereum (ETH). Both saw price fluctuations after the coin hit the market, showing just how much influence it already has.
Trump’s administration is also pushing for a more crypto-friendly U.S., with key appointments like David Sacks as the new "Crypto and AI Czar" and Paul Atkins as the SEC chair nominee.
If policies shift in favor of crypto, the entire industry could see lasting changes, some believe this could bring change in the U.S.-led blockchain innovation.
Experts warn that Trump’s direct involvement in crypto could cause markets facing historical expansion. The situation is changing fast, and the impact on the wider crypto market is still uncertain.
PlutoChain ($PLUTO) could be worth taking a look at by potentially expanding Bitcoin's capabilities and bringing features such as DeFi, NFTs, and AI-powered apps into its network.
Its ability to combine these elements smoothly could make it an attractive option for early adopters and project developers.
By keeping Bitcoin's famous security standards while improving its functionality, PlutoChain could offer a new dimension to the Bitcoin network.
Its compatibility with the Ethereum Virtual Machine (EVM) could additionally boost this blockchain since it would allow Ethereum-based applications to run on Bitcoin’s network.
It can handle 43,200 transactions daily with block times as fast as 2 seconds which could indicate its infrastructure is both scalable and efficient.
With audits from trusted firms like SolidProof, QuillAudits, and Assure DeFi, this project ensures that security isn’t compromised which gives developers peace of mind.
With its innovative features, scalability, and strong community governance, PlutoChain could become an important factor in Bitcoin’s expansion and innovation.
With the $TRUMP token bringing new dynamics to the field, we may see an effect in leading assets such as Bitcoin and Ethereum.
Meanwhile, another interesting project PlutoChain ($PLUTO) could become the next trend. This hybrid Layer-2 solution may unlock Bitcoin’s full potential by bringing smart contracts, dApps, and DeFi to its network.
With a 2-second block time, EVM compatibility, and 43,200 daily testnet transactions, it could create a significant buzz after its mainnet launch.
—--------
Please remember that this article is purely informational and not financial advice. Any and all cryptocurrencies are volatile, with prices prone to rapid changes. Always do your own research and consult an expert before joining any crypto venture. We are not liable for any outcomes based on the information in this article. Statements about the future entail risks and may not reflect updates.
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
