The cryptocurrency market is thriving as Trump officially takes over the White House. Collaborating with Musk, Trump has ushered in an era of cryptocurrency support for the world to witness, adding a new flavor to the U.S. political landscape. As Trump officially prepares to take office on January 20, these three coins could surge, opening up positive momentum in the cryptocurrency sector.
The cryptocurrency coins should be held right now for the best profits in the future
Dogecoin
Dogecoin is ready to embrace the market's price surge following the Musk-Trump duo's takeover of the White House. While Trump is considering implementing a comprehensive cryptocurrency framework for the industry to thrive, Musk, with his role in the DOGE department, could usher in a new era for Dogecoin. Doge could see an incredible price surge once this department officially takes charge, helping to achieve new highs.
According to CoinCodex, Dogecoin could soar to $0.78 by February 2025.
Bitcoin
Bitcoin is the central cryptocurrency, the core of the Web3 world that could receive significant attention when Trump takes office. The elected president is currently considering establishing an official Bitcoin reserve fund, which could propel this token to new heights. Trump's cryptocurrency plan also includes transforming America into a cryptocurrency hub, which could further strengthen Bitcoin's price.
He stated: "If I am elected, my administration's policy, the United States of America, will retain 100% of the bitcoins that the U.S. government currently holds or acquires in the future."
According to CoinCodex, Bitcoin could reach $123,000 by February 1, 2025.
XRP
Trump's leadership has begun to show its impact. Gary Gensler, the chairman of the U.S. SEC, has decided to resign, which is one of the top priorities on the president's agenda that needs immediate attention. The aforementioned development has started to show its impact as XRP surged 20% after the news of Gensler's resignation in January. After Trump's inauguration, the policies introduced by Trump and Musk could officially bring new elements to the market, adding excitement to XRP's price.
According to CoinCodex, XRP could surge to $1.74 by February 2025. After that, the price could reach $2 by April 2025.
