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Industry executive officials criticize the inclusion of “Chikwain” in the proposed encryption reserve for Trump

On March 2, US President Donald Trump announced a reserve for the American encryption, which he claimed “raises this critical industry after years of corrupt attacks by the Biden administration.”

He added that it will contain “clear” bitcoin and ethereum currencies, but he also mentioned XRP, Sol and Ada, which sends these symbols that rise in the hours that followed.

Executive officials and analysts in the encryption industry were quick to respond, but not all of them supported Altcoins.

Why shitcoins?

CEO Coinbase Brian Armstrong He said It was “excited to learn more” and still is an opinion on asset customization.

“Bitcoin is likely to be the best option – the simplest clear story as a gold wall. If people want more diversity, you can do a likely indicator of the market for encryption assets to keep it unbiased. But perhaps option No. 1 is easier.”

The founder of the real vision and CEO Raul Pal AgreedHe said: “They can only use the US -based encryption index by Cap Market Plus BTC and ETH to be neutral and allow the market to report.”

Bitcoin is the maximum He said It was a sad day for America because Trump mentioned Altcoins.

“Bitcoin may have ended, but it is a sad day for America if they were actually SHITCOIN at the level of the nation -state. I can not really say I am amazed, with Trump launching the Mimi currency.”

Meanwhile, the founder of Bitmex Arthur Hayes was not affected, Claim There was nothing new here and it was “just words”. “Let me know when they get the congressional approval to borrow money or re -evaluate the price of gold higher. Without it, they do not have money to buy Bitcoin and Shitcoins.”

The circulated and analyst “Donalt” saw that “the risk of Trump ** KS is this and is completely dropped.”

He added that the inclusion of “Shitcoins in his proposed strategic reserves opens the possibility that altcoins get at least 3 to 4 times,” but they can 25 % boxes if they fail.

Bitcoin domination dumps

These heroes have already increased by double numbers over the past few hours, and this has led to a decrease in bitcoin hegemony.

BTC dominated slightly over 60 % on Sunday after the huge market pump that benefited from XRP, Sol and Ada mainly. It has now decreased from the highest level in 4 years to more than 64 % earlier this month, According to To TradingView.

Either way, Trump’s encryption reserves will continue to depend on Congress voting, so it is far from reality.

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