📢 Crypto Tokens Rally up to 75% in a day after Trump's Announcement 🚀
US President Donald Trump on social media on Sunday, March 2, 2025 announced the addition of select crypto tokens to newly formed US Crypto Strategic Reserves, which shook the digital token markets, with select assets soaring up as much as 75 per cent in the last 24 hours.
Trump said in a post on Truth Social that his January executive order on digital assets would create a stockpile of currencies including altcoins including XRP, Solana and Cardano, besides the leading two crypto tokens Bitcoin and Ethereum. The names had not previously been announced, said the Reuters.
The crypto market gained strong momentum as Trump announced the Strategic Crypto Reserve, including tokens like XRP, Solana and Cardano, along with Bitcoin and Ethereum.
Ripple's navtive token XRP was seen rallying 33 per cent after Trump's decision to hit day's high at $2.97
Cardano soared as much as 75 per cent from its day's low at $0.6461 to $1.13 according to the data from Coinmarketcap.
Donald Trump's declaration of a 'Crypto Strategic Reserve' has spread optimism in the crypto space, triggering enormous rallies. The action is interpreted as a strategic move, placing the US at the forefront of the digital asset sector.
