{"id":3511,"date":"2025-03-08T19:13:08","date_gmt":"2025-03-08T19:13:08","guid":{"rendered":"https:\/\/coinsvalue.net\/blog\/trump-backs-crypto-at-historic-white-house-summit-here-are-the-best-altcoins-to-invest-in-now\/"},"modified":"2025-03-08T19:13:08","modified_gmt":"2025-03-08T19:13:08","slug":"trump-backs-crypto-at-historic-white-house-summit-here-are-the-best-altcoins-to-invest-in-now","status":"publish","type":"post","link":"https:\/\/coinsvalue.net\/blog\/trump-backs-crypto-at-historic-white-house-summit-here-are-the-best-altcoins-to-invest-in-now\/","title":{"rendered":"Trump Backs Crypto at Historic White House Summit \u2013 Here Are the Best Altcoins to Invest in Now"},"content":{"rendered":"<p>In what&#8217;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&#8217;s next bull run.<\/p>\n<p>Firstly, Trump vowed to abolish the long-running &#8216;Operation Choke Point 2.0,&#8217; which has crippled the growth of crypto start-ups within the country.<\/p>\n<p>The erstwhile government used this to weaponize banks and pressure them into closing the accounts of businesses engaged in crypto.<\/p>\n<p>This not only hindered the growth of crypto in the States but also drove away new-age businesses to other crypto-friendly countries.<\/p>\n<p>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 &#8216;supervisory nonobjection&#8217; to deal in crypto. This will reduce the burden on banks and help combat Operation Choke Point 2.0.<\/p>\n<h2>Launch of a Bitcoin Reserve<\/h2>\n<p>Another major announcement was the launch of a stable Bitcoin reserve, which will be formed out of Bitcoins already held by the US government.<\/p>\n<p>The reserve, being called the &#8216;digital Fort Knox for digital gold,&#8217; will contain Bitcoins that were forfeited during criminal or civil cases and will not involve any fresh buying.<\/p>\n<p>The fact that this reserve doesn&#8217;t hint at any new crypto purchases was probably why $BTC prices did not react much to the news and stayed flat.<\/p>\n<p>However, a long-term federal confidence in the digital asset is undoubtedly a huge boost to the entire crypto market.<\/p>\n<blockquote>\n<p>From this day on, America will follow the rule that every Bitcoiner knows very well: never sell your Bitcoin \u2013 Donald Trump<\/p>\n<\/blockquote>\n<h2>Plans to Create a US Crypto Stockpile<\/h2>\n<p>Trump also showed intentions of the US government wanting to build a long-term US crypto portfolio consisting of not only Bitcoin but also other digital assets, such as Solana, XRP, Cardano, and Ethereum.<\/p>\n<p>A good thing is that none of these reserves would dig into taxpayer money \u2013 only seized digital assets would make up the entirety of the fund.<\/p>\n<p>It&#8217;s also worth noting that Trump has been quite vocal about his support for crypto ever since his campaigning days.<\/p>\n<p>During the summit, too, he promised more crypto-friendly legislative support, which would aim to establish a strong regulatory framework for the industry. With increasing legislative support, more crypto businesses are expected to join the US economy.<\/p>\n<p>All in all, the upcoming four years could be a golden period for crypto investors. If you&#8217;re looking to cash in big, here are some of the best altcoins to invest in right now.<\/p>\n<h2>1. BTC Bull Token ($BTCBULL) \u2013 Best Altcoin to Buy for Rallying Behind Bitcoin\u2019s Growth<\/h2>\n<p>Trump&#8217;s latest announcement of a strategic Bitcoin reserve, followed by the digital gold&#8217;s inclusion in a US Crypto Reserve last week, is another major push for Bitcoin.<\/p>\n<p>Combined with the fact that $BTC is taking support at the 200 EMA, the upcoming months could see the OG crypto reach for new highs and turn a lot of portfolios green.<\/p>\n<p>What if we tell you there&#8217;s a better, more profitable way to invest in Bitcoin&#8217;s growth? Enter <strong>BTC Bull Token ($BTCBULL)<\/strong>.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"aligncenter wp-image-709083\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-08-160004.gif?w=460&#038;resize=700%2C374\" alt=\"BTC Bull Token ($BTCBULL)\" width=\"700\" height=\"374\" \/><\/p>\n<p>$BTCBULL is a meme coin that will directly benefit from Bitcoin&#8217;s historic run to $1M. That&#8217;s because it&#8217;s the ONLY crypto on the market that plans to give out free $BTC to token holders.<\/p>\n<p>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 <strong>Best Wallet<\/strong>.<\/p>\n<p>Launched in mid-February, the <strong>BTC Bull Token presale<\/strong> has made a prolific start. It has already amassed over $3.3M so far, offering each token for just $0.0024. But interested investors should hurry up because prices increase in just a couple of days.<\/p>\n<h2>2. Solaxy ($SOLX) \u2013 Solana Altcoin Solving Network Scalability Issues<\/h2>\n<p>Although Solana saw an impressive upmove of nearly 25% right after the announcement of Trump&#8217;s US Crypto Reserve, the futuristic crypto is back again in the red for this week. It fell 36% in February, too.<\/p>\n<p>What&#8217;s the issue with Solana, you ask? Overcrowding. Ever since the successful launch of $TRUMP and Pump.fun, Solana has been battling with scalability issues. Transactions are either taking ages or failing to go through.<\/p>\n<p>Seeing as <strong>Solaxy ($SOLX)<\/strong>\u00a0will build the first-ever Layer 2 solution on Solana, it&#8217;s no wonder why experts are predicting it to be the next crypto to explode.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"aligncenter wp-image-709084\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-08-160631.jpg?w=460&#038;resize=700%2C362\" alt=\"Solaxy ($SOLX)\" width=\"700\" height=\"362\" \/><\/p>\n<p>By executing transactions on a sidechain, Solaxy will reduce the burden on Solana&#8217;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.<\/p>\n<p>Also, let&#8217;s not forget that <strong>Solaxy<\/strong> is one of the five cryptos to have been included in Trump&#8217;s US Crypto Reserve.<\/p>\n<p>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 $0.001656 \u2013 here&#8217;s how to buy it.<\/p>\n<h2>3. Cardano ($ADA) \u2013 One of the Top 5 Cryptos in the World Right Now<\/h2>\n<p>Cardano&#8217;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 $3.10 in 2025.<\/p>\n<p>Check out our full Cardano 2025 price prediction for more details.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"aligncenter wp-image-709087\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-08-162504.jpg?w=460&#038;resize=700%2C311\" alt=\"Cardano ($ADA)\" width=\"700\" height=\"311\" \/><\/p>\n<p>Cardano is a decentralized proof-of-stake (PoS) blockchain that&#8217;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.<\/p>\n<p>best cheap cryptos you can consider buying.<\/p>\n<h2>Debut White House Crypto Summit: Small but Significant Moves<\/h2>\n<p>Although the historic crypto summit didn&#8217;t announce anything out of the ordinary, which is also why the markets didn&#8217;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.<\/p>\n<p>With that said, the current market situation demands extra caution. Buying the dip is a notoriously difficult task, after all.<\/p>\n<p>We suggest only investing an amount that won&#8217;t give you sleepless nights, as well as doing your own research and due diligence. Also, kindly be informed that the above article isn&#8217;t financial advice.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In what&#8217;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&#8217;s next bull run. Firstly, Trump vowed to abolish the long-running &#8216;Operation Choke Point 2.0,&#8217; which has crippled the growth&hellip;<\/p>\n","protected":false},"author":1,"featured_media":3512,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[33],"class_list":["post-3511","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency-market-news","tag-cryptocurrency-market-news"],"_links":{"self":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/3511","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/comments?post=3511"}],"version-history":[{"count":0,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/3511\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media\/3512"}],"wp:attachment":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media?parent=3511"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/categories?post=3511"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/tags?post=3511"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}