TechFlow news, on December 5, according to Jinshi News, BlockFills digital asset OTC trader John Divine said, "It's just a matter of time before the X platform introduces digital asset wallet functionality," aligning with Musk's trajectory from PayPal to Tesla and SpaceX.
Regarding Trump's proposal to eliminate capital gains tax on U.S. altcoins, Divine stated, "In the short term, this would bring substantial trading volume to these markets." He pointed out tokens such as Algorand, Hedera, and Cardano could be beneficiaries, calling the move a "major catalyst" for the altcoin market.
With Bitcoin stabilizing, Divine expects capital to flow into altcoins. He concluded: "The situation is clear—Musk is fully committed to building digital asset infrastructure. Combined with Trump's policy initiatives, altcoins are set to receive strong tailwinds."
