Co-founder of crypto trading firm DWF Labs, ADr. Drei Grachevstated in his statement on his social media account on September 25 that the cryptocurrency market is being reshaped by regulatory influences and has begun to be divided into three main categories. Grachev said that the market is regulated altcoin‘s, general-purpose altcoins, and community-focused altcoins will be divided into. Grachev, noting that these changes may present new opportunities, emphasized the importance of investors being prepared for these developments.
Grachev: Cryptocurrency Market Will Be Divided Into Three Main Categories
Grachev summarized the future of the cryptocurrency market by dividing it into three main categories. First, “the harmonization with regulatory legal frameworks”regulated altcoins“ category comes to the fore. Grachev stated that BRICS countries and the United States will be pioneers in this regard and that other countries will follow these legal regulations. Altcoins in this category will be developed in accordance with the regulations and will offer a more integrated structure with the financial system.
Secondly, “general purpose altcoins And some stablecoins” is coming. This category will offer solutions that will enable the use of cryptocurrencies in daily life and the business world. While stablecoins attract attention with their stable values, general-purpose altcoins will be preferred for applications in different sectors.
The Third Category Will Be Community-Focused Altcoins
The third and final category is “community-driven altcoins“. Altcoins in this category will consist of altcoins built on decentralized structures supported by users and communities.
Grachev noted that these altcoins will be associated with emerging decentralized finance and Web3 projects, adding that such assets will open the door to new and innovative projects.
The co-founder of DWF Labs advised investors to develop strategies for these three main categories and to be prepared for changes. According to him, this new structure of the market can offer various opportunities for investors. Therefore, keeping up with this transformation process in the cryptocurrency market can provide a great advantage for investors. Reminding that changes also offer opportunities, Grachev added that these opportunities should be evaluated in a timely manner.
Disclaimer: The information contained in this article does not contain investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
