Jeff Dorman, Chief Investment Officer at digital asset investment firm Arca, sees the launch of the Official Trump (TRUMP) memecoin as a landmark moment for cryptocurrency adoption.
He considers it a strong indication of the technology’s long-term potential and its growing relevance beyond the crypto-native community.
Dorman believes that with incoming President Donald Trump now both issuing and investing in digital assets, regulatory concerns for token issuers and investors may diminish. According to Dorman, Trump’s involvement validates blockchain technology while highlighting just one of its many possible applications.
He draws parallels to the early days of the Internet, where the initial wave of “dot-com” companies paved the way for broader adoption by non-Internet-native businesses. He sees the same evolution happening in the blockchain space, with the potential for widespread innovation across industries.
He points to the possibilities for businesses, municipalities, and institutions outside the crypto industry to explore tokens as tools for raising capital and engaging customers. Dorman suggests that entities like cities, universities, and global brands could issue their own tokens, making blockchain technology a key driver of creativity and growth.
Dorman concludes that this shift marks the end of the “dot-crypto” phase, where blockchain use cases were largely limited to crypto-native companies. As more organizations adopt blockchain technology, existing projects with little utility may fail, but the strongest and most innovative ones will thrive, attracting millions of new participants to the ecosystem.
Snorter Token ($SNORT) is a new meme coin and utility token designed to enhance crypto trading with its Telegram-native trading bot, Snorter Bot. This bot is equipped with sniping capabilities, copy trading, and swap functionalities, offering traders the ability to profit from the volatile crypto markets. As the presale has garnered significant attention, raising over […]
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