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Title: 5 Cryptos to Buy if Donald Trump Implements Zero Tax Policy Following Tariff War
As the world remains in a state of economic flux following the onset of the tariff war, one notable figure has caught attention with an unconventional proposal. Donald Trump, former President of the United States, recently sparked discussions by hinting at the possibility of introducing a zero-tax policy for cryptocurrencies.
This sudden shift in stance raises several questions and concerns among investors, regulatory bodies, and financial experts alike. However, let’s assume this radical approach does come to pass – what cryptos would be worth investing in? We’ve taken the liberty of compiling five top-performing digital assets that could potentially benefit from a tax-free environment.
1. **Dogecoin (DOGE)**: With its history as a meme-based cryptocurrency, DOGE has already made a splash in recent years. As it’s difficult to predict a specific outcome, but if we assume Trump’s policy would attract more mainstream attention and drive adoption for DOGE, this low-liquidity coin could potentially see significant growth.
2. **Cardano (ADA)**: While it may not seem directly impacted by a zero-tax environment, the scalability-focused ADA project has been gaining traction. If investors recognize potential tax benefits, they might be incentivized to invest in this high-potential coin with real-world applications.
3. **NEAR Protocol**: This proof-of-stake-based network focuses on decentralized apps and games, which could find a new wave of users if taxes are eliminated. As it’s essential to consider the regulatory implications of such a drastic policy change, NEAR might gain traction as an attractive alternative for investors seeking tax-efficient investments.
4. **Chainlink (LINK)**: By leveraging the power of blockchain-based data oracles, Chainlink has garnered significant attention in recent times. If Trump’s proposal sparks more mainstream interest and adoption, LINK could see substantial growth due to its real-world utility and potential applications.
5. **Stellar (XLM)**: As a scalable and environmentally friendly project, Stellar might benefit from increased visibility if taxes are removed. This could lead to a surge in adoption for its use cases in the financial sector, especially when considering the potential of cross-border transactions without the need for intermediaries.
Keep in mind that this article is speculative, and we cannot guarantee any outcome or performance based on hypothetical events. It’s essential to remember that cryptocurrency prices are highly volatile and influenced by a multitude of factors – including market sentiment, regulatory changes, and global economic shifts.
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Source: https://cryptogiggle.com/crypto/5-cryptos-to-buy-if-donald-trump-implements-zero-tax-policy-following-tariff-war/
