“We are going to make America the world capital of crypto,” says David Sacks, the new head of crypto and AI under the Trump administration. As the first pro-crypto president takes office, the so-called “crypto bros,” are looking forward to the bull run crypto is set to take. So far, since election day, Bitcoin has hit all time highs of $108,000, after being just $68,000 the night before the election. Dogecoin is also among the “hottest” coins right now, increasing almost 250% since the election. Other popular crypto coins such as Etherium, Solana, and XLM, have also hit all time highs on this “bull-run.” Correlated to the rise of the main coins, is the rise in meme-coins. Although most dismiss the seriousness of these tokens, they also fail to realize that these tokens are an extremely popular source for money, as some of these tokens gain 200,000% in just a couple hours, making a mere $100 investment into upwards of 200,000 dollars! However as fast as these tokens can rise, they can also fall. Many of these tokens are scams and rug-pulls (the term used to describe when an entity owns most of the tokens they are promoting, pumping the price, then selling all their tokens crashing the price dramatically). So these memecoins are very high-risk / high-reward, and are very hard to navigate successfully. 

However, the meme-coin sentiment does not apply to other crypto currencies. XRP, for example, dubbed “the hottest coin of 2025” by Forbes, is set to replace the SWIFT banking system. The SWIFT banking system is a global network that facilitates secure, standardized communication and transactions between banks and other financial institutions worldwide. SWIFT transacts about five trillion dollars a day, with some sources claiming upwards of 22 trillion dollars a day. Ripple, the company that made XRP, claims that their token is capable of faster and more secure transactions than SWIFT. Newly sworn in President Trump, has had many meetings with the heads of Ripple, and is rumored to help replace SWIFT, skyrocketing the price of an XRP coin, which currently stands at around $3.20. Analytics say, even if XRP replaced 5% of SWIFT transactions, the price of a single token would skyrocket upwards of $1000 per coin, maybe even reaching $10,000 in the future. But these high prices are to come later. As of the very near future, Trump’s pick for head of the Securities and Exchange Commision (SEC), Mark T. Uyeda is set to drop the lawsuit against Ripple first thing when he’s confirmed by the Senate, skyrocketing the token’s price to $5+ in minutes.

Moreover, President Trump has stated that he plans to work with David Sacks to create a national cryptocurrency stockpile. Analysts say that this stockpile would be largely made of Bitcoin, Etherium, Solana, and stable coins such as Ripple/USD, USDT, Tether, etc. For the purpose of the article, let’s examine how this would affect Bitcoin, which currently sells for $105,000 per coin. So far, the government already owns about 198,000 bitcoins, which currently values at about 21 billion dollars. These coins have been previously seized by the FBI during criminal investigations. As from records of the Biden administration, the SEC advised to slowly liquify those bitcoins back into the market, which would have resulted in a decrease in price. The new SEC advises holding Bitcoin, anticipating a rise in the token’s price, and furthermore anticipating the current government owned Bitcoin to value at over 81 trillion dollars within the next decade. This would help eliminate the U.S. national debt, which currently stands at 31 trillion dollars. As this initiative soon turns into reality, other countries such as Japan, Hong Kong, and Germany are also already planning their own strategic reserves of cryptocurrencies. With all of this happening, a million dollar bitcoin may be closer than we may think. 

To finish up, the Trump administration, no matter how controversial, is going to pump cryptocurrency like never seen before. Dubbing himself “the first crypto-president,” Trump promises to take initiatives to make America the “crypto capital of the world.” If you are looking to invest, this may be your last shot before the so-called “bull-run” starts. Crypto is the currency of the future, and it’s coming in hot, and it’s coming in to stay.