President Donald Trump injected a shot of enthusiasm into crypto markets on Sunday when he announced the five cryptocurrencies that will comprise his U.S. strategic crypto reserve. Trump Announcement Triggers Bitcoin Surge Bitcoin’s price experienced a 10% surge following President Donald Trump’s announcement of a U.S. strategic cryptocurrency reserve. Here’s an overview of recent market […]
US President Donald Trump announced yesterday that altcoins will be included in the government’s crypto strategic reserve. It’s an interesting move that has been met with mixed reactions. Could we potentially see meme coin indexes being added to the reserve? Bitcoin was initially the only cryptocurrency expected to feature in the US crypto reserve. However, Trump’s recent announcement means Ether, XRP, Solana, and Cardano are also expected to be included. The cryptocurrency market has been buoyed by the news, with Reuters reporting a 10% increase in the hours following Trump’s announcement on his social media platform Truth Social. It’s a welcome sight after a dismal week during which $BTC sunk to below $79K. Let’s see what this means for the industry. Crypto Heavyweights Weigh in on Trump’s Big News Whitehouse AI and crypto czar David Sacks quickly took to X in support of the president. Other crypto heavyweights, however, aren’t as convinced. ‘Nothing new here. Just words,’ was BitMex co-founder Arthur Hayes’ response to Sacks’ post. Hayes also pointed out that congressional backing would be needed to add altcoins to the proposed strategic reserve. Binance founder and former CEO Changpeng Zhao had a more optimistic response, writing on X that ‘it’s a fantastic start of something really good. Be happy. Keep building.’ He went on to say that ‘more “valuable crypto” are likely to be added over time. More countries will follow. Coinbase CEO Brian Armstrong also voiced his thoughts on X, saying it would probably be best not to add altcoins to the reserve. But, he added, ‘if folks wanted more variety, you could do a market cap weighted index of crypto assets to keep it unbiased.’ Will Meme Coin Indexes Ever be Included in the US Crypto Reserve? For now it appears Trump’s focus is on adding OG altcoins – $ETH, $ADA, $SOL, and $XRP to the reserve. But that’s not to say the best meme coins are out for the count. Bear in mind that 2024 was a magnificent year for the meme coin market. According to a report by CEX.io, its collective market capitalization grew by 330%, while meme coins’ share of the altcoin market volume went up by 350%. In other words, investors are sitting up and taking notice. That’s why $DOGE, $SHIB, $PEPE, and co should be taken seriously. And it’s not just the meme coin OGs we’re talking about. Newcomers to the market such as Solaxy ($SOLX), MIND of Pepe ($MIND), and Meme Index ($MEMEX) are potential game changers. $MEMEX in particular has a very attractive proposition – asset diversification. This, by the way, is why Trump wants to add altcoins to the strategic reserve. After all, there are few better ways to manage risk than through diversification. Meme Index is the world’s first decentralized meme coin index. Currently in presale, it gives investors exposure to the meme coin market but with varying volatility levels. $MEMEX does this through four meme coin baskets (indexes) – Titan, Moonshot, Midcap, and Frenzy. The Titan Index includes the meme coin market big boys, among them $DOGE and $FLOKI. Investing in this index may mean slower rewards, but low volatility is a definite plus. The Frenzy Index is on the other end of the spectrum. Hot, trending meme coins with high volatility but potentially explosive gains. This one will appeal to degens with no fear in their eyes who laugh at the risk. Somewhere in the middle are the Moonshot and Midcap indexes – a more gentle balance of lower volatility than the Frenzy Index, and potentially better rewards than the Titan Index. Wrapping Up As the past couple of weeks more than reminded us, the crypto market can be unpredictable, to say the least. That’s why we believe $MEMEX could very well be one of this year’s best altcoins to invest in. And with the presale soon set to end, there’s no better time to climb on board. Since launching in early December, the $MEMEX presale has raised close to $4M. And right now, 1 $MEMEX costs $0.0166883 (with 583% staking rewards). Check out our full guide on how to get your hands on $MEMEX before the presale ends in just four weeks. Be sure to DYOR research too, though. The official Meme Index whitepaper is a good starting point, and visit the $MEMEX Telegram and X channels for regular updates. And who knows… Now that altcoins are set to join Bitcoin in Trump’s strategic reserve, perhaps it won’t be long until $DOGE, $PEPE, $MEMEX, and other top meme coins are added to the growing list.
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David Bailey, a prominent figure in the cryptocurrency community, informed his X followers that China is “holding closed door meetings” on establishing their own strategic bitcoin reserve. As Trump Champions Crypto, Bailey Reports China’s Quiet Bitcoin Reserve Efforts Bailey, CEO of Bitcoin Magazine, has been actively involved with Donald Trump’s campaign since the election, with […]
Whale accumulation and Trump’s crypto reserve announcement are the positive factors pushing ETH prices up today.
Whale accumulation and Trump’s crypto reserve announcement are the positive factors pushing ETH prices up today.
The crypto market surged after Trump’s reserve announcement, but analysts warned the rally may be temporary as regulatory hurdles remain.
The crypto market surged after Trump’s reserve announcement, but analysts warned the rally may be temporary as regulatory hurdles remain.
The crypto market surged after Trump’s reserve announcement, but analysts warned the rally may be temporary as regulatory hurdles remain.
The rumors were true. Donald Trump is indeed serious about making the US a global hub for crypto. He just announced the creation of a National Crypto Reserve that will include XRP, SOL, and ADA, as well as BTC and ETH. As a result, XRP surged over 30%, overtaking USDT to become the third-largest cryptocurrency in the world, with a market capitalization of over $153B. In addition to the price boost, the number of active addresses is also up. This means XRP is seeing an influx of new investors, signifying increased interest and confidence. We unpack the implications and explore some of the best crypto to buy now. Understanding XRP’s Potential Aside from being a crowd favorite, also working in XRP’s favor is its solid foundation. It was created to replace traditional bank systems like SWIFT and offer a way to carry out low-cost international payments at scale. Moreover, it can even work with central bank digital currencies (CBDCs). On the technical side, analysts believe XRP is following roughly the same pattern we saw during its meteoric rise in 2017, when its price rose by over 110,000%. With the important $3 level within its grasp, $XRP’s momentum could continue if it manages to hold above that mark. Last but not least, the SEC is set to decide whether to approve Grayscale’s XRP ETF by October. But with a pro-crypto SEC under the new Trump administration, there’s a high likelihood the decision will be in XRP’s favor. Major cryptocurrencies like Bitcoin, Ethereum, and XRP will drive the next bull run, but here are some of the lesser-known cryptos to buy now to see percentage gains in the triple digits. 1. Solaxy ($SOLX) – Best Crypto to Buy Now Solana ($SOL) is one of the five tokens President Donald Trump wants the Crypto Strategic Reserve to incorporate, along with $BTC, $XRP, and $ADA. No doubt he liked what he saw from the Solana blockchain after he launched $TRUMP on it. While Trump’s vote of confidence represents a huge boost for Solana supporters, the fact remains that this otherwise fast and scalable blockchain network isn’t currently performing at its best. It’s been battling with congestion and slower throughputs for a while now. Enter Solaxy ($SOLX). As the first dedicated Layer 2 scaling protocol for Solana, Solaxy will mitigate the network’s congestion issues by processing transactions off-chain. Additionally, it plans to carry out transactions in batches rather than individually, which will also make Solana cheaper and faster than ever before. With more than $24.7M in its presale kitty, Solaxy is a frontrunner to become the best crypto presale this year. Luckily for you, the presale’s still on, and you can get in for a low price of $0.001652 per token. If this is your first time buying crypto in presale, here’s how to buy $SOLX. 2. BTC Bull Token ($BTCBULL) – Unique Meme Coin to Support Bitcoin’s Rally As it turns out, experts were right when they predicted $BTC could reverse after it bounces off the 200 EMA. Of course, Donald Trump’s recent announcement helped — the OG crypto rose by nearly 10% on Sunday in response. With Bitcoin poised for massive growth, there’s one particular altcoin we believe could be the next crypto to explode. BTC Bull Token ($BTCBULL). This unique crypto project is currently the only one out there offering $BTC as a reward to token holders. Combined with strong tokenomics and a robust plan to maintain market hype, BTC Bull Token holders will not only benefit from free Bitcoins, but also from the price appreciation of $BTCBULL itself. Here’s how the project’s roadmap looks: Every time Bitcoin hits a new milestone number, like $150K, $200K, and $250K, $BTCBULL token holders will receive their share of $BTC. Overall, BTC Bull Token is one of the best crypto to invest in for Bitcoin maximalists. Given that it’s still in presale right now (with $3.1M+ raised), you can still get it at the discounted price of just $0.00239. 3. Cardano ($ADA) – Unique Crypto to Benefit from National Crypto Reserve Announcement Cardano has rocketed over 60% in the last 24 hours thanks to its inclusion in Trump’s US Crypto Reserve announcement. This significant move towards institutional support has boosted $ADA’s market cap to $35.7B, meaning it’s now officially a bigger crypto than $DOGE. Unlike Bitcoin, which uses a Proof-of-Work (PoW) system, Cardano is a decentralized Proof-of-Stake (PoS) blockchain, meaning it eats up less energy. Also, seeing as it uses a peer-reviewed tactic to develop its platform, Cardano is more scalable and, at the same time, every bit as secure as any other top crypto blockchain. $ADA’s call-up to the US Crypto Reserve could well be its eureka moment. It’s currently trading at just under $1, and with momentum on its side, could easily cross its recent resistance level of $1.30. Conclusion Just when we thought the Trump-fueled crypto bull run was at its end, we have the very real prospect of a US Crypto Reserve. As a number of contenders shoot for new all-time highs in response, the presale tokens mentioned in this guide could ride the rising tide to the moon. Still, the fact remains that the crypto market is unpredictable and risky. That’s why it’s best to invest sensibly and only after doing your own research. This article isn’t financial advice.
