Trump’s $5K Proposal Could Ignite an ‘Insane’ Altcoin Season: Analyst

The proposed payout would be smaller than the pandemic-era stimulus but could still represent a huge injection of liquidity. President Donald Trump has proposed a $5,000 “dividend” payment to every adult US citizen if Republicans hold Congress after the midterm elections. Crypto traders picked up on it almost instantly, with at least one well-followed account framing the idea as the kind of liquidity shock that helped kick off the last major bull run. Trump’s $5,000 Proposal Draws Crypto Attention The president’s proposal would apply to roughly 245 million US citizens aged 18 and above, putting the estimated cost at about $1.2 trillion. The last time a stimulus of this magnitude was deployed was during the pandemic, when close to $4 trillion in fiscal support went out during lockdown. Mark Chadwick, posting on X, focused on what the payment could mean for crypto: “If this happens, and it’s a big IF – but if it does it would ignite the most insane Alt Season imaginable,” he wrote. He compared the potential effect with the 2021 crypto market, calling it a “2021 Covid stim type catalyst” layered onto a bull market he already sees building. He closed with a nod to the president, saying...