Donald Trump, the current president-elect of the United States, is all set to commence his official role as the 47th president of the US in January 2025. Trump is renowned for his pro-crypto stance, which could play a pivotal role in bolstering the cryptocurrency domain soon after his inauguration ceremony, a highly anticipated event that may determine the future pace of the crypto domain. The event could trigger a crypto surge, with these three crypto coins gaining the most out of the lot.
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Top 3 Cryptocurrency Coins To Rise Post Trump’s Inauguration
1. Bitcoin (BTC)
Bitcoin has shown extreme sensitivity to such global events this year. The markets noted Bitcoin rising soon after the US election results were out and BTC tanking when the Federal Reserve announced no plans to explore the aforementioned token. Such volatile positioning of the token has compelled investors to speculate that Bitcoin may surge dramatically once Trump assumes office, as it may finally pave the way for the US to announce the launch of the highly awaited Bitcoin reserve officially.
Per CoinCodex, Bitcoin may soon surge to sit at a new price mark of $114K by January 2025.
“According to our current Bitcoin price prediction, the price of Bitcoin is predicted to rise by 16.04% and reach $ 114,419 by January 24, 2025. Per our technical indicators, the current sentiment is Neutral while the Fear & Greed Index is showing 73 (Greed). Bitcoin recorded 14/30 (47%) green days with 3.28% price volatility over the last 30 days. Based on the Bitcoin forecast, it’s now a good time to buy Bitcoin.”
2. Dogecoin (DOGE)
Trump’s presidency is crucial for Dogecoin in multiple ways. With Elon Musk heading the new Department Of Government Efficiency or D.O.G.E. segment, it may inadvertently have a profound impact on Doge’s cryptocurrency market positioning. With Musk’s lifelong adoration for Dogecoin, such developments pooled together could help the token score new highs in the process.
Per CoinCodex, Doge may stabilize to hit a new price mark of $0.29 by January 2025.
However, the price momentum is subject to change if Trump’s inaugural event ushers in positive crypto sentiment.
“According to our current Dogecoin price prediction, the price of Dogecoin is predicted to drop by -7.71% and reach $ 0.298517 by January 26, 2025. Per our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 74 (Greed). Dogecoin recorded 15/30 (50%) green days with 11.17% price volatility over the last 30 days. Based on the Dogecoin forecast, it’s now a bad time to buy Dogecoin.”
Also Read: Trump’s Inaugural Crypto Moves: What It Means for Investors
3. Ethereum (ETH)
Ethereum is another cryptocurrency that can scale new highs amid the recent Trump inaugural buzz. The fact that Trump’s portfolio boasts a sizable amount of Ethereum speaks volumes about his fondness for the token, adding to the possibility of ETH surging after Trump’s official presidential ceremony.
Per CoinCodex, Ethereum could soon surge to hit a new price mark of $4039.
“According to our current Ethereum price prediction, the price of Ethereum is predicted to rise by 16.32% and reach $ 4,039.50 by January 24, 2025. Per our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 73 (Greed). Ethereum recorded 15/30 (50%) green days with 5.90% price volatility over the last 30 days. Based on the Ethereum forecast, it’s now a bad time to buy Ethereum.”
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