Trump’s Inauguration Could Impact Crypto Market with Key Asset Focus
The crypto community is anticipating significant impacts from President-elect Donald Trump's administration on digital assets. Analysts are identifying key cryptocurrencies that may benefit during this period.
- Xremlin suggests a potential "golden era" for crypto under Trump, focusing on US-founded coins and those linked to the Trump family.
- Eric Trump has disclosed investments in Sui, Solana, Ethereum, and Bitcoin.
The Leading Crypto Contenders
- Ethereum: A cornerstone for decentralized applications (dApps) with diverse use cases.
- Bitcoin: Digital gold and market benchmark; potential inclusion in a US Strategic Bitcoin reserve may attract institutional interest.
- Solana: Noted for speed and scalability; possible future ETF launch could enhance visibility.
- Sui: Competitor to Solana; higher transactions per second but lacks user base. May benefit from favorable regulatory developments.
- World Liberty: Initiated by the Trump family; potential price spikes expected upon market entry.
Additional Contenders for the “Trump Trade”
- Ripple: Key player for real-time cross-border payments.
- Chainlink: Connects various blockchains to financial institutions, enabling data interoperability.
- Ondo: Bridges traditional finance products to blockchain, enhancing DeFi accessibility.
- Hedera: Fast and energy-efficient transactions governed by a council including tech giants.
- Stellar: Facilitates low-cost cross-border payments, collaborating with companies like Circle and MoneyGram.
