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Is Trump Plotting to Pump XRP Price? New President Proposing American Coin Reserve

SB Crypto Guru News by SB Crypto Guru News
January 16, 2025
in Bitcoin
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Is Trump Plotting to Pump XRP Price? New President Proposing American Coin Reserve


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Is Trump Plotting to Pump XRP Price? New President Proposing American Coin Reserve




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has jumped 47% in the last week. This rally brought it to its old all-time high, and now some suggest that XRP might be ready to flip Ethereum. Many traders now see more room for growth in 2025. Years and years later, are they finally right? Trump may have started the XRP renaissance.

The crypto world has changed a lot since 2021. New rules and policies shape the market. President-elect Donald Trump has shown interest in American-based crypto.

BREAKING: Donald Trump is expected to propose forming an America-first crypto reserve that would “prioritize digital coins founded in the US,” per NY Post.

This would include coins like Solana, USD Coin and Ripple. pic.twitter.com/81q7t737cy

— The Kobeissi Letter (@KobeissiLetter) January 16, 2025

Reports say he wants an “America-first” crypto reserve. This plan may include Solana, USD Coin, and XRP. He met with the founders of these projects and wants to promote U.S. blockchain innovation.

Some Bitcoin fans do not like this idea. They believe Trump should focus on Bitcoin and worry that pushing U.S.-made coins could weaken Bitcoin’s role. Supporters of Trump’s plan say it can help the U.S. become a leader in crypto and bring more money and new jobs into the country.

Ripple, the company behind XRP, has worked with U.S. regulators for years. Its focus on legal clarity sets it apart. Recent court rulings boosted investor confidence in XRP. The token now nears levels it last saw during the 2018 peak. Some analysts predict XRP might hit $5 soon. Others see $10 or even $20 if adoption grows.

JUST IN: 🇺🇸 President-elect Donald Trump is open to creating an America-first strategic reserve that prioritizes cryptocurrencies such as Solana $SOL and $XRP.

— Watcher.Guru (@WatcherGuru) January 16, 2025

XRP Price Target – Could It Flip Ethereum With Trump Support?

At this point, XRP holders have outperformed any ETH buyers who entered the market after April 2021. Quite an achievement! Many long-time Ethereum supporters were skeptical of XRP.

They said Ripple’s legal troubles were too big. Yet XRP’s recent rally left those doubts behind, and this trend shows how quickly fortunes can change in crypto.

Trump’s crypto plan has stirred debate across the industry. Bitcoin advocates say it runs counter to Bitcoin’s global vision. They point to its strong track record and leading market share.

Others see Trump’s plan as a chance for more cooperation between crypto projects and the government. If the White House supports an “America-first” reserve, it might push new laws that benefit the entire market.

A Crypto Ball is set for January 19. Sponsors include Coinbase, Solana, and Kraken. That event may draw more investment to the space, showing the growing acceptance of crypto in mainstream circles.

Even though some see risk in Trump’s plan, many people feel excited. They hope it brings more interest and capital to the entire digital asset market.

(XRPUSDT)

For XRP, the next steps are key. Can it push past its old high from the 2018 peak? If so, $5 becomes a real possibility. Climbing higher depends on strong adoption and positive legal outcomes. XRP’s supporters say the time is now. The crypto market can shift overnight. However, the enthusiasm for XRP in 2025 is hard to ignore.

Remember when $XRP market cap flipped $BTC

2018 was nuts.. you had to be there. pic.twitter.com/PY3PdRskF0

— Nebraskangooner (@Nebraskangooner) January 15, 2025

Still, XRP’s momentum is strong right now. Trump’s proposed crypto reserve could push it even higher. As we move deeper into 2025, XRP watchers remain hopeful. They see the potential for a new all-time high.

EXPLORE: Justin Sun Just Dropped a New TRX Stablecoin With a 20% Yield: Everything to Know

Join The 99Bitcoins News Discord Here For The Latest Market Updates

The post Is Trump Plotting to Pump XRP Price? New President Proposing American Coin Reserve appeared first on 99Bitcoins.





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