As President-elect Donald Trump prepares for his inauguration on January 20, the crypto community is buzzing with anticipation regarding the potential impact of his administration on digital assets.
Analysts are closely examining which crypto assets may benefit the most during this pivotal period, especially given Trump’s vocal support for making the United States a leader in the crypto space.
Market expert Xremlin suggests that Trump’s presidency could usher in a “golden era” for crypto. His analysis focuses on US-founded coins and assets linked to the Trump family, indicating that the inauguration might catalyze significant price movements for certain altcoins.
Notably, Eric Trump has publicly shared his investments in Sui (SUI), Solana (SOL), Ethereum (ETH), and Bitcoin (BTC), suggesting a focus on already established cryptocurrencies.
The Leading Crypto ContendersHe suggests that as a leading platform for decentralized applications (dApps), its significance in the market is undeniable, making it a staple in any crypto portfolio.
The analyst speculates that it could soon see the launch of an exchange-traded fund (ETF), which would enhance its visibility and accessibility to mainstream investors.
Being US-founded, it reportedly stands to gain from any favorable regulatory developments that may arise during Trump’s administration.
Beyond the aforementioned digital assets, Xremlin highlights several other US-founded projects are gaining traction and could play a role in the so-called “Trump trade”:
Featured image from DALL-E, chart from TradingView.com
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