Trump’s crypto reserve plan, favoring XRP, ADA, and SOL over Bitcoin, has triggered market volatility and industry skepticism.
Initial price surges for XRP and ADA quickly faded, prompting accusations of a politically motivated pump-and-dump schemeInitially, the market reacted with enthusiasm, driving up prices for these altcoins as speculation ran wild. However, the excitement quickly turned to skepticism.Industry heavyweights are now questioning not just the feasibility of Trump’s proposal, but also his true motivations.
The sell-off suggests that traders viewed the rally as a short-lived speculative play rather than a sustainable shift in market fundamentals. Many argue that favoring altcoins with relatively limited adoption — particularly over Ethereum or Bitcoin — undermines the credibility of the reserve.was equally skeptical, emphasizing that without congressional approval or a financial mechanism to fund purchases, the plan holds little weight.Beyond feasibility concerns, some speculate that Trump’s selection of XRP, ADA, and SOL may have been politically motivated.
Rather than a strategic financial move, the inclusion of these assets could be a calculated effort to secure backing from specific crypto ecosystems.
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