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Bitcoin, Dogecoin, and… – Top cryptos to buy under Trump’s new presidency
The crypto market is buzzing with excitement as Donald Trump prepares to take office once again. His pro-crypto stance has already started to impact the market, with Bitcoin (BTC) surging to unprecedented levels. As the market continues to move in his favor, we can expect more gains from other assets. In this article, we will explore the top cryptos that could benefit from Trump’s presidency.
Trump’s comments on Bitcoin have sent shockwaves through the crypto community, and it’s no surprise why. His backing has historically led to significant price increases. As a result, we’re seeing unprecedented growth in the market, with many altcoins also benefiting. In this article, we’ll explore some of the top cryptos that could continue this trend.
Dogecoin (DOGE) – The Memecoin Sensation
It’s hard not to mention Dogecoin in any discussion about Trump and crypto. His influence on the memecoin is undeniable. During his last presidency, his tweets sent DOGE soaring, and we can expect more of the same this time around.
While it may seem unlikely that we’ll see a 1,400% rally like we did during the previous cycle, there’s no denying the potential for significant gains. A recent tweet from Trump could have been misinterpreted by many as a sign of support for Dogecoin, sending its price skyrocketing by over 20%.
Dogecoin has always been susceptible to Musk’s tweets, but with his current leadership position in the Department of Government Efficiency (D.O.G.E.), any official mentions of the department could lead to significant gains. This makes it one of the top cryptos to buy under Trump’s presidency.
Mining stocks and spot ETFs have already started to fuel a market shift, and this could be the perfect catalyst for Dogecoin to follow suit. With his influence on the memecoin already established, there’s no reason why we won’t see similar price action.
Other Cryptos to Consider
While it may seem like DOGE is the only clear winner here, that’s not entirely true. Other assets could benefit from Trump’s presidency as well.
Bitcoin (BTC) – As mentioned earlier, Bitcoin has already started to move in his favor. With his comments sending shockwaves through the market, we can expect more gains from this asset moving forward.
Other altcoins like TAO and SUI have also shown significant promise, but it remains to be seen if they’ll continue their upward trajectory.
Source: ambcrypto.com
