The upcoming White House Crypto Summit, hosted by President Trump, is expected to have a significant impact on the crypto industry. Analyst Miles Deutscher believes this event could be the most significant crypto event of the first quarter of the year. The summit will bring together influential figures in the crypto world, such as Coinbase CEO Brian Armstrong and MicroStrategy’s Michael Saylor. Many are anticipating game-changing revelations, especially regarding the U.S. government’s crypto reserve strategy.
One of the main points of interest is which altcoins will be included in Trump’s Strategic Crypto Reserve. Bitcoin, Ethereum, XRP, Cardano, and Solana have already been confirmed, with Bitcoin having a special status. However, there is speculation about which other altcoins could be added. It is likely that American-developed projects and those with institutional backing will be prioritized.
According to analyst Miles Deutscher, investors should pay attention to altcoins that fall into categories such as ETF candidates, U.S.-based tokens, projects previously mentioned by Trump, and cryptos represented at the summit. Altcoins that fit into multiple categories may have the most potential to benefit.
Based on Trump’s strategy, Deutscher has identified eight altcoins to watch: Bonk, Polkadot, Chainlink, Litecoin, Hedera, Trump, Melania, and Avalanche. Additionally, other U.S.-based tokens gaining attention include Filecoin, Sui, Aptos, Near Protocol, and Move. Decentralized finance and payments-related tokens like Aave, Stellar, and Ondo are also being closely watched.
There is a growing debate about how Bitcoin’s status compares to altcoins. Some analysts have raised concerns about adding centralized assets like XRP to the reserve, particularly in light of the ongoing SEC lawsuit.
While the summit is expected to have a long-term positive impact on the crypto market, traders should be cautious of short-term price swings. Technical analysis will be crucial for navigating these fluctuations.
As the summit approaches, all eyes are on the altcoins that could benefit and how the market will react. Whether this event leads to a lasting crypto rally or just short-term excitement remains to be seen. However, one thing is clear – crypto has become a major topic in U.S. politics.
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