Will Trump’s Inauguration Boost Crypto? Here Are The Top 10 Coins With The Most Potential

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 ContendersEthereum (ETH): The analyst shares that Ethereum remains a cornerstone of the crypto ecosystem, known for its smart contract functionality and diverse use cases. He 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.Bitcoin (BTC): Often referred to as digital gold, Bitcoin is the most recognized cryptocurrency and serves as a benchmark for the entire market. Xremlin observes its potential inclusion in a US Strategic Bitcoin reserve could further solidify its status and drive additional interest from institutional investors.Solana (SOL): As a US-founded blockchain with a robust user base, Solana has gained attention for its speed and scalability. 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.Sui (SUI): Positioned as a direct competitor to Solana, Sui boasts higher transactions per second (TPS) but still lacks a significant user base. Being US-founded, it reportedly stands to gain from any favorable regulatory developments that may arise during Trump’s administration.World Liberty: Initiated by the Trump family, is another one to watch, according to Xremlin. Although it has yet to launch, its connection to the Trump name could reportedly generate price spikes once it enters the market.Additional Contenders For The “Trump Trade”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”:Ripple (XRP): Known for its blockchain-based payment protocol, Ripple facilitates real-time cross-border payments, making it a key player for financial institutions.                                                                                 Chainlink (LINK): As a blockchain-agnostic platform, Chainlink connects various chains to major financial institutions, enabling seamless data connectivity and interoperability.                                                                              Ondo (ONDO): This platform bridges traditional financial products like US bonds and treasuries to the blockchain, enhancing accessibility and efficiency in the DeFi space.                                                                 Hedera (HBAR): Governed by a council that includes tech giants like Google and IBM, Hedera is designed for fast and energy-efficient transactions, ensuring stability and transparency.                                                 Stellar (XLM): Focused on facilitating low-cost cross-border payments, Stellar collaborates with companies such as Circle and MoneyGram to integrate blockchain solutions into the U.S. financial system.Featured image from DALL-E, chart from TradingView.com Weiter zum vollständigen Artikel bei NewsBTC Weiter zum vollständigen Artikel bei NewsBTC