Cryptocurrency: 3 Coins That May Jump After Trump-Musk Assumes Office
The cryptocurrency market is green as Trump officially takes over the White House. In collaboration with Musk, Trump has ushered in a pro-crypto era for the world to witness, adding a new flavor to the US political domain. As Trump officially prepares to assume the presidency on January 20th, these three coins may holistically spike, ushering in positive momentum within the crypto domain.
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Three Cryptocurrency Coin To Stock Now For Best Future Gains
1. Dogecoin (DOGE)
Dogecoin is all set to embrace the bullish momentum of the market after the Musk-Trump duo takes over the White House. While Trump is contemplating embedding a holistic cryptocurrency framework for the industry to prosper, Musk, with his DOGE department duties, may usher in a new era for Dogecoin. Doge may receive incredible momentum once the department officially assumes duties, helping to claim new highs.
Per CoinCodex, Dogecoin may spike $0.78 by February 2025.
2. Bitcoin (BTC)
Bitcoin is the central cryptocurrency, the core of the Web3 world that may receive immense attention once Trump assumes office. The president-elect is currently thinking of establishing an official Bitcoin reserve, which may further boost the token to new highs. Trump’s crypto plan also includes making America a central crypto hub, which may add more strength to Bitcoin’s price.
“If I am elected, it will be the policy of my administration, the United States of America, to keep 100% of all the bitcoin the U.S. government currently holds or acquires into the future,” he said.
As per CoinCodex, Bitcoin may hit $123K by February 1st, 2025.
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3. Ripple (XRP)
Trump’s leadership has already started to show its effect. Gary Gensler, the US SEC chair, has decided to step down from his position, which was one of the leading agenda items on the president’s list to address immediately. The aforementioned development has already started to show its impact as XRP has risen 20% on the news of Gensler resigning from his position in January. After Trump’s inauguration ceremony, the policies curated by Trump and Musk may officially bring new elements to the market, adding more fervor to XRP’s price.
According to CoinCodex, XRP may surge to $1.74 by February 2025. It may later hit $2 by April 2025.
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