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Cryptocurrency News Articles
Five Cryptocurrencies to Consider Ahead of President-elect Donald Trump’s Inauguration
Jan 19, 2025 at 11:02 pm
As of January 19, 2025, the cryptocurrency market is experiencing significant activity ahead of President-elect Donald Trump’s inauguration on January 20.
With President-elect Donald Trump’s inauguration approaching on January 20, the cryptocurrency market is experiencing significant activity.
Several cryptocurrencies are positioned to benefit from the political climate and potential regulatory changes.
Here are five cryptocurrencies to consider in the lead-up to Trump’s return to office:
1. XRP Surges as President-Elect Trump’s Inauguration Nears
XRP has recently surged, reaching an all-time high of $3.02 on January 15.
This increase is largely attributed to investor optimism surrounding the ongoing legal battle between Ripple Labs Inc., the developer of XRP, and the Securities and Exchange Commission (SEC).
The SEC’s lawsuit against Ripple Labs, filed in 2020, alleges that XRP was sold illegally as an unregistered digital-asset security.
However, a federal judge ruled in July 2023 that XRP is not a security when sold to the general public on digital-asset exchanges.
With President-elect Trump’s impending return to office and potential changes in SEC leadership favoring the crypto sector, there is hope that the case might be dropped.
2. Dogecoin (DOGE) Poised for Gains with President-Elect Trump’s Return
Dogecoin has been riding a wave of popularity, influenced by figures like Elon Musk.
Recent speculation about Musk’s potential role in shaping DOGE after the inauguration has added fuel to the fire.
Speculation is mounting about the potential cryptocurrencies that may benefit from President-elect Donald Trump’s return to office.
With Trump’s administration expected to be more crypto-friendly, several digital assets are positioned to experience a boost in the coming weeks.
Here are five cryptocurrencies to consider in the lead-up to Trump’s inauguration on January 20.
1. XRP Surges as President-Elect Trump’s Inauguration Nears
XRP has recently surged, reaching an all-time high of $3.02 on January 15.
This increase is largely attributed to investor optimism surrounding the ongoing legal battle between Ripple Labs Inc., the developer of XRP, and the Securities and Exchange Commission (SEC).
The SEC’s lawsuit against Ripple Labs, filed in 2020, alleges that XRP was sold illegally as an unregistered digital-asset security.
However, a federal judge ruled in July 2023 that XRP is not a security when sold to the general public on digital-asset exchanges.
With President-elect Trump’s impending return to office and potential changes in SEC leadership favoring the crypto sector, there is hope that the case might be dropped.
2. Dogecoin (DOGE) Poised for Gains with President-Elect Trump’s Return
Dogecoin has been riding a wave of popularity, influenced by figures like Elon Musk.
Recent speculation about Musk’s potential role in shaping DOGE after the inauguration has added fuel to the fire.
Speculation is mounting about the potential cryptocurrencies that may benefit from President-elect Donald Trump’s return to office.
With Trump’s administration expected to be more crypto-friendly, several digital assets are positioned to experience a boost in the coming weeks.
Here are five cryptocurrencies to consider in the lead-up to Trump’s inauguration on January 20.
1. XRP Surges as President-Elect Trump’s Inauguration Nears
XRP has recently surged, reaching an all-time high of $3.02 on January 15.
This increase is largely attributed to investor optimism surrounding the ongoing legal battle between Ripple Labs Inc., the developer of XRP, and the Securities and Exchange Commission (SEC).
The SEC’s lawsuit against Ripple Labs, filed in 2020, alleges that XRP was sold illegally as an unregistered digital-asset security.
However, a federal judge ruled in July 2023 that XRP is not a security when sold to the general public on digital-asset exchanges.
With President-elect Trump’s impending return to office and potential changes in SEC leadership favoring the crypto sector, there is hope that the case might be dropped.
2. Dogecoin (DOGE) Poised for Gains with President-Elect Trump’s Return
Dogecoin has been riding a wave of popularity, influenced by figures like Elon Musk.
Recent speculation about Musk’s potential role in shaping DOGE after the inauguration has added fuel to the fire.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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- SOL May Dip Lower Before Having an Explosive Rally, ETH Rival Solana (SOL) Analyst Says
- Feb 22, 2025 at 11:15 pm
- In a new strategy session, pseudonymous crypto trader Inmortal tells his 229,300 followers on the social media platform X that Solana (SOL) may decline further due to fears over the impact of an upcoming massive token unlock of more than 11 million SOL.
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- Is Yeti Ouro Poised to Surpass XRP in the Crypto Market? Here's What You Need to Know!
- Feb 22, 2025 at 11:15 pm
- A ripple of change surged through the crypto world as Brazil approved the first-ever XRP ETF, marking a pivotal moment for digital assets. This regulatory nod from the Comissão de Valores Mobiliários (CVM) paves a new path for institutional investors to embrace XRP without direct ownership, hinting at a broader acceptance of cryptocurrencies in regulated markets. The result? XRP's value has shown a promising upward tick, with market analysts anticipating further rises as institutional interest swells.
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- DTX Exchange (DTX) Attracts Ethereum (ETH) and Cardano (ADA) Holders With Unmatched Potential for Rapid Gains
- Feb 22, 2025 at 11:15 pm
- DTX Exchange is quickly showing to be among the best crypto investment opportunities available right now thanks to unparalleled access to about 120,000 financial assets
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- Dogecoin Price Stagnation And Emerging Alternatives
- Feb 22, 2025 at 11:05 pm
- The Dogecoin price, once propelled by viral popularity, has stalled, remaining largely stagnant in recent months. Despite occasional surges, the Dogecoin price has failed to show consistent momentum, with little indication of substantial growth ahead.
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- Will Dogecoin’s Quiet Phase Lead to Another Explosive Rally?
- Feb 22, 2025 at 11:05 pm
- How to Invest in Dogecoin During the “Boring Phase”: 1. Research: Understand the current market sentiment and historical patterns of Dogecoin. 2. Set a Budget: Only invest money you’re willing to lose. Crypto investments are inherently risky. 3. Choose a Reliable Platform: Use reputable exchanges like Coinbase, Binance, or Kraken to buy Dogecoin. 4. Create a Purchase Plan: Consider dollar-cost averaging to mitigate volatility. 5. Secure Your Investments: Use hardware wallets for enhanced security.
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