The crypto market is buzzing with excitement under Donald Trump’s pro-crypto stance, sparking speculation on which altcoins he may support. With increasing institutional interest and evolving regulations, investors are closely monitoring potential additions to his portfolio. Here are four cryptocurrencies that could gain traction.
Altcoins: XRP
XRP price soars over 500% in the past year, fueled by growing interest amid crypto market recovery and regulatory clarity. The Ripple price recently surpassed $3, positioning itself as a leading altcoin. Speculations suggest former U.S. President Donald Trump might include XRP in his expanding digital asset portfolio.
Crypto analysts report that XRP has confirmed a double-bottom breakout on the monthly chart. The technical target stands at $30, marking a potential 900% price increase. This breakout could signify a new bullish phase for XRP.
Dogecoin (DOGE)
Dogecoin price has experienced a significant surge, defying the broader cryptocurrency market crash. The meme coin rose by 350%, trading at $0.3506 at the time of writing. This rally positions Dogecoin among the top altcoins speculated to join Donald Trump’s digital asset stockpile. Market enthusiasm has been partly fueled by Elon Musk’s indirect influence, often sparking optimism for DOGE.
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Cardano (ADA)
Cardano (ADA) has gained momentum amid a broader crypto market rally, cementing its position among the top altcoins. The proof-of-stake token is currently trading at $0.9845, reflecting a remarkable 12-month surge of 100%.
Speculation suggests former U.S. President Donald Trump may include ADA in his digital asset portfolio. Meanwhile, crypto analyst Ali tweeted that Cardano is consolidating within a symmetrical triangle, signaling a potential 40% price move. Investors closely monitor ADA for its next breakout.
Donald Trump’s stance on crypto could shape future regulations and investments. As institutional adoption grows, these altcoins might see increased attention in a rapidly evolving market.
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2025-01-25 19:46