Trump Backs Crypto at Historic White House Summit – Here Are the Best Altcoins to Invest in Now
08 Mars 2025 - 12:08PM
NEWSBTC
In what’s a truly historic event, the first-ever crypto summit was
held on March 7 in the White House. President Donald Trump made
some encouraging announcements during the meet that could pave the
way for crypto’s next bull run. Firstly, Trump vowed to abolish the
long-running ‘Operation Choke Point 2.0,’ which has crippled the
growth of crypto start-ups within the country. The erstwhile
government used this to weaponize banks and pressure them into
closing the accounts of businesses engaged in crypto. This not only
hindered the growth of crypto in the States but also drove away
new-age businesses to other crypto-friendly countries. Just hours
after this announcement, the US Office of the Comptroller of the
Currency (OCC) issued a document confirming that financial
institutions would not require any ‘supervisory nonobjection’ to
deal in crypto. This will reduce the burden on banks and help
combat Operation Choke Point 2.0. Launch of a Bitcoin Reserve
Another major announcement was the launch of a stable Bitcoin
reserve, which will be formed out of Bitcoins already held by the
US government. The reserve, being called the ‘digital Fort Knox for
digital gold,’ will contain Bitcoins that were forfeited during
criminal or civil cases and will not involve any fresh buying. The
fact that this reserve doesn’t hint at any new crypto purchases was
probably why $BTC prices did not react much to the news and stayed
flat. However, a long-term federal confidence in the digital asset
is undoubtedly a huge boost to the entire crypto market. From this
day on, America will follow the rule that every Bitcoiner knows
very well: never sell your Bitcoin – Donald Trump Plans to Create a
US Crypto Stockpile Trump also showed intentions of the US
government wanting to build a long-term US crypto portfolio
consisting of not only Bitcoin but also other digital assets, such
as Solana, XRP, Cardano, and Ethereum. A good thing is that none of
these reserves would dig into taxpayer money – only seized digital
assets would make up the entirety of the fund. It’s also worth
noting that Trump has been quite vocal about his support for crypto
ever since his campaigning days. During the summit, too, he
promised more crypto-friendly legislative support, which would aim
to establish a strong regulatory framework for the industry. With
increasing legislative support, more crypto businesses are expected
to join the US economy. All in all, the upcoming four years could
be a golden period for crypto investors. If you’re looking to cash
in big, here are some of the best altcoins to invest in right now.
1. BTC Bull Token ($BTCBULL) – Best Altcoin to Buy for Rallying
Behind Bitcoin’s Growth Trump’s latest announcement of a strategic
Bitcoin reserve, followed by the digital gold’s inclusion in a US
Crypto Reserve last week, is another major push for Bitcoin.
Combined with the fact that $BTC is taking support at the 200 EMA,
the upcoming months could see the OG crypto reach for new highs and
turn a lot of portfolios green. What if we tell you there’s a
better, more profitable way to invest in Bitcoin’s growth? Enter
BTC Bull Token ($BTCBULL). $BTCBULL is a meme coin that will
directly benefit from Bitcoin’s historic run to $1M. That’s because
it’s the ONLY crypto on the market that plans to give out free $BTC
to token holders. These $BTC airdrops will occur every time Bitcoin
reaches a new landmark number, such as $150K, $200K, and $250K. All
you have to do is buy and HODL $BTCBULL tokens in Best Wallet.
Launched in mid-February, the BTC Bull Token presale has made a
prolific start. It has already amassed over $3.3M so far, offering
each token for just $0.0024. But interested investors should hurry
up because prices increase in just a couple of days. 2. Solaxy
($SOLX) – Solana Altcoin Solving Network Scalability Issues
Although Solana saw an impressive upmove of nearly 25% right after
the announcement of Trump’s US Crypto Reserve, the futuristic
crypto is back again in the red for this week. It fell 36% in
February, too. What’s the issue with Solana, you ask? Overcrowding.
Ever since the successful launch of $TRUMP and Pump.fun, Solana has
been battling with scalability issues. Transactions are either
taking ages or failing to go through. Seeing as Solaxy
($SOLX) will build the first-ever Layer 2 solution on Solana,
it’s no wonder why experts are predicting it to be the next crypto
to explode. By executing transactions on a sidechain, Solaxy will
reduce the burden on Solana’s mainnet. Additionally, it will
process transactions in bulk (rather than one by one), meaning
users will also be able to benefit from lower fees. Also, let’s not
forget that Solaxy is one of the five cryptos to have been included
in Trump’s US Crypto Reserve. The good news keeps coming, as $SOLX
has also shown great investor interest during its ongoing presale.
With over $25.4M in its presale kitty at the time of writing,
Solaxy is easily among the best crypto presales in the last few
years. 1 $SOLX is currently available for only $0.001656 – here’s
how to buy it. 3. Cardano ($ADA) – One of the Top 5 Cryptos in the
World Right Now Cardano’s call-up to the Crypto Reserve saw it rise
by over 60% in less than 24 hours. Also, unlike $BTC and $ETH that
are struggling to break higher, $ADA now looks poised for massive
growth. In fact, our analysis suggests that it could reach as high
as $3.10 in 2025. Check out our full Cardano 2025 price prediction
for more details. Cardano is a decentralized proof-of-stake (PoS)
blockchain that’s not only more energy efficient but also more
scalable than Bitcoin thanks to its use of a peer-reviewed tactic
for developing the network. Currently trading at around $0.80, $ADA
is undoubtedly one of the best cheap cryptos you can consider
buying. Debut White House Crypto Summit: Small but Significant
Moves Although the historic crypto summit didn’t announce anything
out of the ordinary, which is also why the markets didn’t react
much to it, the confirmed abolishment of regulatory struggles and
the US government wanting to become a crypto superpower could very
well be the foundations of an upcoming rally. With that said, the
current market situation demands extra caution. Buying the dip is a
notoriously difficult task, after all. We suggest only investing an
amount that won’t give you sleepless nights, as well as doing your
own research and due diligence. Also, kindly be informed that the
above article isn’t financial advice.
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