Donald Trump Set to Be the 45th President of the U.S.-Here are the Top Cryptos That Could be Benefitted
Bitcoin price surged above $103,000 in a short period of time and continues to rise, possibly influenced by optimism surrounding the change of government in the United States. Additionally, the launch of the TRUMP token by Donald Trump himself validates this optimism. TRUMP price has increased by more than 230% in the past 24 hours and has joined the ranks of the top 30 cryptocurrencies. With just days left until Trump’s inauguration, more bullish action is expected.
The new president has promised to eliminate capital gains taxes on cryptocurrencies in the United States, and in that case, here are the top 10 cryptocurrencies that could bring huge gains.
- Solana(Sun):Solana is a strong US base with an active developer and user community. Although the impact has already begun, so a new ATH may be on the horizon
- Algorand (something): Algorand operates out of Boston, Massachusetts and occupies an important position among U.S. blockchain projects.
- Ripple (XRP): Ripple’s ongoing legal battle with the SEC has thrust into the spotlight and reached a critical moment that is considered important for the entire cryptocurrency space
- Stellar Lumens (XLM): XLM is the native token of the Stellar Development Foundation, which is headquartered in San Francisco, California
- AAVE: Aave has a significant user base and partnerships with US projects, regardless of their global origins
- Realistic Networking (RIO): This is a U.S. program that emphasizes compliance with U.S. securities and is attractive to both institutional and retail investors
- Link(LINK): Chainlink has gained huge popularity thanks to its growing fundamental strength with strong ties to US developers and the blockchain ecosystem
- File coin (FIL): This is a US-based company that conducts extensive academic and technical collaborations in the country
- Cardano (ADA): The Cardano platform has strong ties through IOG and its founders, while it is positioned as a global project with a decentralized focus.
Apart from this, Hedera (HBAR) can also be considered as it is governed by the Hedera Management Board, which includes famous American companies such as Google, IBM, and Boeing. It is headquartered in Dallas, Texas, which makes it a U.S.-based cryptocurrency and distributed ledger technology platform. These are some of the cryptocurrencies expected to benefit after Trump’s inauguration on January 20, 2025.
