In a post on social media X, Lucie, Shiba Inu’s sales lead, expressed his expectations for the November bull and plans to take advantage of several interesting cryptocurrencies. Adding to the expectations, a member of the Shiba Inu team recently reinforced this idea, predicting that November will be an important month for the crypto industry.
With the US presidential election just around the corner, voters will vote in just a few hours. Regardless of the outcome, crypto investors are confident that the election it will bring lasting changes in the crypto trading environment.
November Will Be Amazing, Shiba Inu Team Member Says
Lucie’s words“November is set to be amazing” for the crypto industry. Unsurprisingly, Lucie talks about a dramatic market play that could set many cryptocurrencies into month-long rallies. His view is based on the US election and global political change, although he notes that both have created economic uncertainty and left things in limbo.
On the subject of the bull run, Lucie noted that he expects most of the income to flow into Bitcoin. Such a case would allow the leading crypto asset to continue its dominance of the market, which it has maintained since the beginning of 2024.
Well, Lucie expects the dominance of Bitcoin to later enter the altcoin bull run, feeding into the hunt altcoin seasonal expectations among the many participants of the crypto market. Interestingly, Lucie hopes to monetize this bull run altcoin by investing in “fixed tokens.” His investment plan focuses on Shib, Bone, and Leash, all of which are fundamental tokens in the Shiba Inu ecosystem.
As the sales leader for Shiba Inu and a prominent advocate for its ecosystem, Lucie’s interest in these tokens is matched by her commitment to the project. His focus on these assets highlights his optimism for their growth, even beyond expectations in November.
What’s Next for the Crypto Industry After the US Presidential Election
History shows that US presidential elections have been it has always been cheap with Bitcoin and the entire industry, regardless of the outcome. In particular, history shows that Bitcoin has never fallen back below its election day price and has been parabolic after the US election.
This time is no different, as current market dynamics are increasing optimism among crypto investors. In accordance with latest reportBitcoin options traders are betting on the price of Bitcoin to reach an all-time high of $80,000 by the end of November.
Such a significant rally in Bitcoin is likely to spill over into other cryptocurrencies, creating gains across the market. The new bullish momentum can lead to the creation of many DeFi projects and cryptocurrencies, including meme tokens.
The featured image was created with Dall.E, a chart from Tradingview.com
Source link