Donald Trump Set to Be the 45th President of the U.S.-Here are the Top Cryptos That Could be Benefitted

The crypto markets have turned volatile ahead of Trump's inauguration as the new president of the U.S

Author Sahana Vibhute is a passionate cryptocurrency and blockchain author qualified to cover every event in the crypto space. Researching minute occurrences and bringing new insights lie within the prime focus of my task.

The crypto markets have turned volatile ahead of Trump’s inauguration as the new president of the U.S

While some of the cryptos are making huge moves, some seem to be at the foothill of a massive explosion, which needs to be monitored

The Bitcoin price surged above $103K in a short while and has sustained, which could be the impact of the optimism surrounding the change in the U.S. administration. Moreover, the launch of the TRUMP token by Donald Trump himself has validated this optimism. The TRUMP price has increased by over 230% in the past 24 hours and reached the top 30 cryptos. Now that Trump’s inauguration is just a few days away, more bullish action is expected.

The new president has promised to eliminate capital gains taxes on US-based cryptos, and in such cases, here are the top 10 cryptos that could attract huge benefits.

Along with these, Hedera (HBAR) can also be considered as it is governed by the Hedera Governing Council, including prominent US-based companies like Google, IBM, and Boeing. It is based in Dallas, Texas, making it firmly a US-based crypto and DLT platform. These are a few cryptos that are expected to benefit after Trump’s inauguration on January 20, 2025.