Donald Trump names XRP and SOL as part of the US crypto reserve!

[Houdini]

You've probably already seen it, both XRP and Solana are skyrocketing right now, up by as much as 35%.

But what are Trump's thoughts on BTC and ETH?

Why hasn't he considered them? Is that the next thing he'll boycott in his eagerness, or is it a strategic move?

BTC and ETH are rising, sure, but it's based on expectations, not because anything has actually been decided.

 

[EliasIT]

Anyone know why XRP in particular ?

 

[void]

Anyone know why XRP in particular ?

most likely they paid enough

 

[derogsearch]

Hello, please interpret his statement correctly.

He already said during the election campaign that Trump was planning a reserve with the US coins.

This is not an announcement that the reserve is now starting, the reserve is still being examined by a working group.

So nothing has changed, Trump is just firing up the markets.
Maybe because he killed them enough times in the last months and he don't like the big negative sums in his own portfolio

 

[friedrich5000]

I think its like a pump insider trading thing. Donald, Elon and his friends invested in these coins then Trump announces that. Is it even legal ? It is right, crypto insider trading there is no such thing right

 

[forward]

because Trump=Scamp lol

I was quite surprised seeing ADA on the same list

 

[Martin Everson]

Trump is just firing up the markets.

Exactly. You get it

 

[manukahoney]

But what are Trump's thoughts on BTC and ETH?

He actually responded that BTC and ETH will obviously be included lol.
Someone actually bought a buttload of ETH and BTC an hour before using 50x leverage - the whole community is fuming, but not like insider trading is something new in crypto.

On the serious note, the whole "reserve" thing must still pass the congress, funds must be allocated (and not some mere millions), so it will take years to actually make this thing running. Then the new administration comes in and sells everything because "Trump bad, we need money for welfare", crypto will go into another winter, rinse and repeat.

 

[void]

I think its like a pump insider trading thing. Donald, Elon and his friends invested in these coins then Trump announces that. Is it even legal ? It is right, crypto insider trading there is no such thing right

insider trading, naaah ;D

drunk with power...

people should finally accept that corruption and insider trading are unavoidable symptoms of the central planning and doing good deeds with someone else's money

 

[intlman]

Remember: shitcoiners gonna shitcoin.

 

[thomasparra]

People have already forgotten the Trump and Melania pump and dump scam and it was not even a month ago.

 

[Houdini]

It is shameful to see what one man can do to the global economies.

 

[void]

It is shameful to see what one man can do to the global economies.

well, "democracy" is a true disaster
luckily there is a way

 

[Houdini]

Looks like it's not gonna be better for now.