Donald Trump’s presidential campaign was heavily focused on cryptocurrency, with promises to introduce new regulations and promote it as a mainstream asset. Now that he has won the election, the crypto industry is eager to see him follow through on these commitments. Trump is set to begin his term on January 20, 2025, and there are expectations for him to make executive orders related to digital assets early on.
Rebecca Rettig of Polygon Labs emphasized the importance of these executive orders setting clear priorities and providing a roadmap for the industry. Trump recently announced the team that will work with A.I. & Crypto Czar David O. Sacks in the Presidential Council of Advisers for Digital Assets, with Bo Hines and Scott Kupor among the notable nominees. Additionally, the removal of Caroline Crenshaw as SEC commissioner, known for her tough stance on crypto, suggests a more favorable environment for Trump’s pro-crypto agenda.
The impact of Trump’s win on the crypto industry is significant, with investors gaining confidence in the sector and global effects being observed. For instance, South Korea’s crypto industry saw a surge in new users and total asset value following Trump’s victory. This growing enthusiasm and support indicate a potential golden era for the crypto market characterized by increased investor confidence and market stability.
Amidst this favorable environment, Wall Street Pepe ($WEPE) presents an opportunity for new investors to enter the market. The project has raised $36M in its presale and is currently priced at $0.0003658, with experts predicting a substantial price increase by the end of 2025. Trump’s pro-crypto policies could further boost meme coins like $WEPE, making it an attractive investment option.
While now may seem like an ideal time to invest in $WEPE, it is crucial to conduct thorough research before making any financial decisions in the volatile crypto market. Trump’s support for crypto may drive market growth, but risks and uncertainties remain, emphasizing the need for informed investment strategies.
