Crypto Whispers: Trump’s Summit and the Top Coins to Watch

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U.S. President Donald Trump, the man who has both bewildered and beguiled the crypto community, is set to host the first-ever Crypto Summit at the White House. The event, which promises to be a veritable who’s who of the crypto industry, has already set tongues wagging and keyboards clacking. Traders and investors alike are hopeful of a favorable outcome, with many anticipating a steep rise in the price of several cryptocurrencies ahead of the summit.

Even when Trump announced the setting up of a strategic crypto reserve, we witnessed a surge in the price of XRP, ADA, SOL – alongside BTC and ETH. So, as the Crypto Summit event is about to commence in less than 48 hours, here’s a list of crypto assets that you need to watch out for.

Cryptocurrencies to Watch Out for ahead of Trump’s Crypto Summit

Bitcoin ₿

Bitcoin, the undisputed leader of the crypto industry, is at the top of the list. Trump’s crypto talk often revolves around Bitcoin, and he has openly stated that he wants all remaining Bitcoin to be mined in the USA. Bitcoin has also been at the center of crypto’s institutional adoption, so it would be the first crypto to react if anything happens at the crypto summit on Friday.

XRP 💸

The attention on XRP is increasing, with it following on many developments, such as potential approval for a XRP ETF, RLUSD stablecoin launch, and its increased use in crypto payments. Additionally, the XRP’s place in the latest crypto reserve has added fuel to its gaining momentum.

DOGE 🐕

While DOGE is not officially recognized in the crypto reserve nor is it endorsed by the president himself, it is in investors’ watchlist after Trump announced the DOGE (Department of Government Efficiency) Department under Elon Musk’s leadership. If the Bitcoin, Ethereum, and the major crypto assets are pumping, DOGE would spike to new highs without any doubt.

ETH ⛓

Ethereum is at the heart of the crypto space, and its adoption is ever-increasing. As Trump has put ETH among top crypto assets in the strategic reserve, the position of Ethereum has become even more robust. ETH has also been one of the most underperforming crypto assets in the past few years, so this might be its chance to come out as a leader.

SOL 🌞

Being a direct competitor to Ethereum, Solana has gained significant momentum in this cycle, becoming the second-largest smart contract blockchain in a short time. Solana has also witnessed a huge increase in on-chain activities and dApps in the past few months. Besides, it is even surprising for the Solana community that Trump included SOL in the national strategic crypto reserve announcement.

ADA 🌱

Cardano is one of the underrated smart contract blockchain networks, hence ADA price is currently not reflecting its true potential. While it is placed among BTC, ETH, and XRP in the strategic crypto reserve and is still priced below $1, it could psychologically pump to newer highs once a news hit the market.

TRUMP 💼

Regarded as a most unfaithful meme coin, TRUMP has potential to rise soon after or before the president Donald Trump gives a speech. It is expected that Trump will at least mention TRUMP meme coin once as it is launched by himself.

Final Words

The ascent of Trump to the oval office has been a rollercoaster ride for the crypto community. On one hand, his pro-crypto policies and relaxing of strict norms of the SEC have really boosted the industry. However, his tariff wars with China and Canada have done equal harm to traditional finance markets as well as crypto. It remains to be seen what kind of impact the crypto summit will have on major cryptocurrencies.

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2025-03-06 16:53