The Trump-Musk camaraderie has been making waves in the cryptocurrency market as of late. The fact that the duo left no stone unturned to claim the leading administrative roles speaks volumes about their commitment to promoting the great American legacy to new heights again. Both Trump and Musk are pro-crypto leaders, giving speculatory whims a chance to “manifest” on a new crypto structure that could soon become a reality under their leadership. Musk and Trump both want to deploy cryptocurrency narratives in creative ways. In this wake, stocking these coins could be fruitful as they could claim new highs in the long haul.
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3 Cryptocurrency Coins To Benefit The Most Once Trump Musk Assumes Cabinet Roles
1. Bitcoin (BTC)
Bitcoin has been pivotal to the US election in many ways. Donald Trump has leveraged Bitcoin in significant ways in his earlier US election campaigns, which has helped Trump tremendously in the long run. From buying burgers with BTC to discussing building Bitcoin Reserve, the token has surely been a center of attraction for the masses across the world. Once Trump takes over the official presidency, the bullish market sentiment will certainly help Bitcoin reach new price highs.
Per CoinCodex, BTC may hit $122K by the end of January 2025.
“According to our current Bitcoin price prediction, the price of Bitcoin is predicted to rise by 19.91% and reach $ 122,104 by February 6, 2025. Per our technical indicators, the current sentiment is Bullish while the Fear & Greed Index is showing 78 (Extreme Greed). Bitcoin recorded 17/30 (57%) green days with 3.40% price volatility over the last 30 days. Based on the Bitcoin forecast, it’s now a good time to buy Bitcoin.”
2. Ethereum (ETH)
Ethereum is another noteworthy cryptocurrency token that is bound to surge due to the lasting “Trump effect.” The president-elect seems to be a loyal ETH fan, with details revealing how Trump holds a sizable amount of Ethereum tokens in his crypto portfolio. Moreover, Ethereum has always moved in tandem with Bitcoin, which, again, could be a lucrative asset to stock early on before it hits big in the near future.
Per CoinCodex, Ethereum could hit a $4968 price peak by the end of January 2025.
“According to our current Ethereum price prediction, the price of Ethereum is predicted to rise by 35.37% and reach $ 4,968.91 by February 6, 2025. Per our technical indicators, the current sentiment is Neutral while the Fear & Greed Index is showing 78 (Extreme Greed). Ethereum recorded 17/30 (57%) green days with 6.43% price volatility over the last 30 days. Based on the Ethereum forecast, it’s now a good time to buy Ethereum.”
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3. Ripple (XRP)
Ripple (XRP) is another promising cryptocurrency token that is currently standing in the queue to achieve new price pedestals in the market. XRP is banking on development such as the appointment of the new SEC chair, Paul Atkins, which could be a game changer for the token in the near future. The possibility of Atkins greenlighting the XRP ETF development is also on the cards for this year, which is again adding bullish momentum to the token’s overall ascent and trajectory.
Per CoinCodex, XRP could hit a new price point of $2.35 by the end of January 2025.
“According to our current XRP price prediction, the price of XRP is predicted to drop by -2.04% and reach $ 2.35 by February 6, 2025. Per our technical indicators, the current sentiment is Bullish while the Fear & Greed Index is showing 78 (Extreme Greed). XRP recorded 16/30 (53%) green days with 5.65% price volatility over the last 30 days. Based on the XRP forecast, it’s now a good time to buy XRP.”
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