According to the New York Post, President-elect Trump is considering ways to prioritize support for certain digital assets in order to foster the cryptocurrency industry in the United States.
In particular, it was reported that Trump's team had recently met with project stakeholders such as Ripple (XRP), Solana (SOL), and USD Coin (USDC), and the market was in a frenzy over the coins.
The report said that there are analyses that suggest that the possibility of the company receiving policy support has increased. As this news broke, Ripple's price soared 16% within 24 hours, and it has risen by 1.5% since the last quarter.
Ripple is currently trading at about $3.39 (about 526 yen), a new all-time high.
Industry experts say that the Trump administration is looking into US-based blockchain projects.
"If the US actively supports cryptocurrency projects, the value of the coin may rise further," he said. "It is expected that cryptocurrency projects centered in the US, including Ripple, will receive new policy benefits.
On the other hand, concerns have been raised about the impact that the Trump administration's policy direction will have on decentralized crypto assets such as Bitcoin (BTC).
"If national governments give preferential support to certain coins, this could result in a decline in Bitcoin's global market share," he said, urging a cautious approach.
As interest in President-elect Trump's cryptocurrency policies grows, attention is focused on how upcoming official announcements will affect the market.
2025/01/17 10:25 KST
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