tl;dr
President Donald Trump's announcement of a national crypto reserve has sparked investor interest in US altcoins. The current reserve includes Ethereum (ETH), XRP (XRP), Solana (SOL), and Cardano (ADA), with potential additions such as Chainlink (LINK), Ondo (ONDO), and Litecoin (LTC). Experts consid...
President Trump's announcement leads to a surge in attention towards US altcoins. Chainlink, Ondo, and Litecoin emerge as strong contenders for inclusion in the US crypto reserve. Market capitalization of "Made in America" tokens surges following Trump's announcement. Controversy arises over the inclusion of altcoins in the US crypto reserve. Following President Donald Trump’s recent announcement about establishing a national crypto reserve, investor attention has shifted toward altcoins made in the USA. The US crypto reserve currently includes altcoins such as Ethereum (ETH), XRP (XRP), Solana (SOL), and Cardano (ADA). However, experts anticipate the addition of more altcoins, including Chainlink (LINK), Ondo (ONDO), and Litecoin (LTC). Chainlink (LINK) emerges as a strong candidate due to its inclusion in the Coinbase 50 Index, its presence in Grayscale’s trust, and its association with World Liberty Finance – an entity operated by Trump’s family. Ondo (ONDO) is also a likely contender, as World Liberty Financial holds Ondo tokens, and Donald Trump Jr., a co-founder of WLFI, has spoken at Ondo events. Ondo CEO Nathan Allman responded to Trump’s announcement by reaffirming that Ondo is a US-based blockchain company pioneering the tokenization of US Treasuries. Additionally, content creator JRNY Crypto speculated that the reserve could include Litecoin (LTC), highlighting that LTC is a strong candidate for a spot ETF. Following Trump’s announcement, the market capitalization of “Made in USA Coins” surged by 12%, reaching nearly $500 billion, according to CoinMarketCap data. This figure is 16 times the market cap of “Made in China Coins,” signaling a strong investor preference for US-originated crypto projects. In addition, this altcoin group’s trading volume spiked by 300% in the past 24 hours, surpassing $82 billion, with XRP leading the volume. Despite the excitement, the US crypto reserve plan has sparked controversy. Many industry leaders have voiced opposition to the inclusion of altcoins, arguing that only Bitcoin is suitable for national reserves.