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Cryptocurrency News Articles
Top 5 Altcoins to Buy Before Donald Trump's Crypto Summit
Mar 03, 2025 at 04:12 pm
47th US President Donald Trump is about to host its first-ever Crypto Summit on 7th March 2025. This event includes key industry figures, like founders, CEOs, and investors, along with government officials.
47th U.S. President Donald Trump is set to host the inaugural Crypto Summit on March 7, 2025. The event will bring together key industry figures—founders, CEOs, investors—along with government officials for an insightful discussion on the future of digital assets.
As excitement builds for the summit, investors are actively seeking the best altcoins to buy before the event to maximize their profit potential. With several industry leaders and government officials set to attend, the summit could have a major impact on the crypto market.
Among the prominent figures expected at the summit are Ethereum founder Vitalik Buterin and Cardano founder Charles Hoskinson, both known for their innovative contributions to the blockchain space. Their presence will undoubtedly draw attention to these respective projects.
Moreover, President Trump’s administration is considering adding select cryptos to the U.S. Strategic Reserves, an investment fund used by the government.
According to reports, the cryptos being considered include Ethereum (ETH), Solana (SOL), and Litecoin (LTC), among others. These inclusions would be part of a broader move to diversify the government’s investment portfolio.
Investors will also be closely watching for any announcements regarding the U.S. Securities and Exchange Commission (SEC) and its stance on cryptocurrencies.
The SEC has been actively pursuing several crypto projects, leading to uncertainty in the industry. Any updates from the SEC could significantly impact the performance of altcoins during the summit week.
In addition to the crypto projects and government agencies, investors will be interested to hear from prominent venture capitalists and crypto funds, who have been heavily involved in the recent bull run.
Their insights into emerging trends and investment strategies could provide valuable information for navigating the crypto market.
Here are the top 5 altcoins to watch ahead of the first-ever Donald Trump Crypto Summit in 2025:
1. Ethereum (ETH)
After the recent surge in the crypto market, Ether’s price has recovered from a drop of $2200, pushing the price past the key resistance level of $2,500 before settling at $2,377.
However, with the cryptocurrency now threatening to drop below $2,300, derivatives traders are bracing for more volatility in the world’s second-largest cryptocurrency.
If this upward trend continues, ETH could soon test the $3,000 resistance level, making it a strong pick for investors ahead of the summit.
2. Ripple (XRP)
Investors will also be keeping an eye on Ripple CEO Brad Garlinghouse, who is expected to attend the summit. Garlinghouse has previously met with President Donald Trump and has even proposed adding XRP to the U.S. strategic reserves.
Recently, Garlinghouse revealed that he had a "great conversation" with President Trump at the White House, where they discussed the importance of innovation and how the U.S. can maintain its competitive edge in the global landscape.
During the conversation, Garlinghouse suggested that the U.S. should consider adding a "crypto component" to its strategic reserves, similar to how the government allocates funds to other assets.
“We had a great conversation. We talked about the importance of innovation and how the U.S. can maintain its competitive edge in the fast-changing global landscape,” Garlinghouse said.
“We also discussed the need for the U.S. to diversify its strategic reserves, perhaps adding a crypto component, which I had the honor of suggesting to the president.”
Despite the varying opinions on cryptocurrencies within the administration, President Trump has expressed interest in Bitcoin (BTC) and other digital assets.
Earlier this year, President Trump said that he’s “not a fan” of Bitcoin, adding that he’s never been interested in cryptocurrencies. However, in a later interview, he said he’s a “fan” of Bitcoin and that he thinks it’s an interesting asset class.
Meanwhile, investors will be watching closely as President Trump’s administration is reportedly considering adding select cryptos to the U.S. Strategic Reserves.
This move would see the government invest in a basket of cryptocurrencies, similar to how it holds gold and other assets.
Among the cryptos being considered are Ethereum (ETH), Solana (SOL), and Litecoin (LTC), according to The Block.
The decision to diversify the strategic reserves with cryptocurrencies is part of a broader shift in the administration’s investment strategy.
3. Solana (SOL)
U.S. President Donald Trump’s announcement of adding select cryptos, including Solana, to the U.S. Crypto Strategic Reserves has pushed SOL higher.
As of now, Solana is trading at $160, marking a 13% gain in 24 hours despite concerns about an upcoming $1.8 billion SOL unlock.
If Solana manages to keep its momentum
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!
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