Top Crypto To Watch Out For as Trump Hosts Crypto Summit

U.S. President Donald Trump is all set to host the first ever Crypto Summit at the White House on Friday where the who’s who of the crypto industry will get an opportunity to interact with him and discuss the future roadmap of the industry. 

The highly anticipated event has already created a strong buzz in the community with traders and investors hopeful of a favorable outcome from it. Many are also anticipating a steep rise in the price of several cryptocurrencies ahead of the upcoming crypto summit, given the extent to which Trump has supported the industry.

Even when Trump had announced the setting up of a strategic crypto reserve, we had 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 from now, 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 would obviously be at the top of the list as being a leader in the crypto industry. Trump’s most of the crypto talk 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 so far the first crypto to react if anything happens at the crypto summit on Friday. 

XRP

The attention on XRP is increasing since the past few months 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 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. One of the reasons why DOGE could spike following the Crypto Summit is because of its alignment in the crypto market. 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 strategic reserve, the position of Ethereum has become even more stronger. 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 with it becoming the second largest smart contract blockchain in a short time. Solana has also witnessed a huge increase in onchain activities and dApps in the past few months. Besides, it is even surprising for the Solana community too 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 strategic crypto reserve and is still priced below $1, it could psychologically pump to newer highs once a news hits 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 positive as well as detrimental 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.