The cryptocurrency market seems to be regaining momentum, with the global market cap rising 0.9% in the last 24 hours to $2.35 trillion. With the US Presidential elections inching closer, market participants may begin to take positions with who they believe may win, whether Kamala Harris or Donald Trump.
Presidential candidate Donald Trump may return to the Oval Office this time, and many analysts anticipate a market-wide rally if he returns to power. Trump’s pro-business policies and pro-cryptocurrency stance have led many to believe in lenient regulations if elected President.
Let’s look at three crypto assets that may rally, given a Trump victory.
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Top 3 Cryptocurrencies That May Rally If Donald Trump Wins The US Elections
1. Bitcoin (BTC)
The crypto market will likely not make a move without the original crypto asset rallying. If Trump wins the US elections, BTC may rise to a new all-time high.
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Many analysts anticipate BTC to hit a new all-time high later this year. According to a Standard Chartered report, the original cryptocurrency could surge to $125,000 if Trump wins the election later this year.
2. World Liberty Financial
World Liberty Financial is a cryptocurrency project personally supported by Donald Trump and his family. Tokens for the project will go live tomorrow, Oct. 15, 2024.
Given that Trump fully supports the project, it may witness a massive price surge if he wins the election.
3. Solana (SOL)
SOL is another cryptocurrency that could witness a massive price surge after a Trump win. According to Standard Chartered, the asset could outperform Bitcoin (BTC) and Ethereum (ETH) if Trump wins the upcoming election. The financial giant predicts SOL will rally by at least 400% if Trump returns to the White House.
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