As November is almost here with the US elections scheduled for November 2024, there is a keen interest in the strategies on how to straddle the financial systems with digital assets. Donald Trump seems to have a clear stance and now acts as a crypto promoter. If indeed he gets a chance to go back to the White House, his pro-business and minimal regulation stance will assist the crypto space tremendously.If he has any plans of integrating cryptocurrencies into his investment portfolio, then the following five coins starting from Rexas Finance (RXS) might be worth looking into.
- Rexas Finance (RXS)
Rexas Finance(RXS) has developed RWA in the crypto industry, empowering users to facilitate the trading of real-world assets that have been tokenized onto the platform. Its objective is to revolutionize how assets are managed by converting physical assets including real estate, commodities, and art into easy-to-manage and tradeable tokens, which are accessible worldwide. It utilizes smart contracts, AI, and blockchain technology to solve problems typical of conventional finance such as high capital requirements, illiquidity, and the need to comply with extensive regulations.RXS, the token that has now reached presale stage 4 selling at a price of $0.06, has attracted much attention raising in excess of $3.7 million within its stages so far. For investors keen on geographical diversification, more so, in real-world assets, Rexas finance however can be a good one. The platform also hastens the creation of tokens for projects through the incorporation of Rexas QuickMint Bot, and messaging applications such as Telegram and Discord to ease the process of token fabrication for startups, community projects as well as event management.Rexas Finance is consistent with the economic objectives that Donald Trump may wish to pursue as a result of his deregulatory approach which is likely to promote fintech and asset tokenization. Should his administration adopt a pro-blockchain regulatory approach, then there will be significant adoption and increase in the value of RXS.
- Bitcoin (BTC)
Most would agree that any important investors’ portfolios should contain bitcoins; Donald Trump, for instance, may not be the exception to this.With time, Bitcoin’s image has changed from that of a speculative instrument to a digital asset that possesses value and is quite similar to gold. In light of the fact that most of Donald Trump’s economic policies involve tax cuts, his election to the office may provide an opportunity for investment in Bitcoin from institutional actors.In that regard, being the second currency after the introduction of the cryptocurrency market, Bitcoin’s growth especially in times of low interest rates is likely to be substantial. What’s more remarkable is that the elections come right after the backdrop of the April half of Bitcoin which is historically known to have good price action. Now, with supply decreasing and potential deregulation courtesy of Trump, Bitcoin may just turn out to be the perfect asset to preserve wealth from inflation and uncertainties in the economy.
- Dogecoin (DOGE)
What started as a meme and later became a cryptocurrency, Dogecoin has received no shortage of fans from various famous individuals like Elon Musk. Knowing Trump and his history, it would not be the most outrageous thing if he decided to endorse the meme coin as well. With the kind of attitude the Trump administration possesses to regard the meme coin as viable, celebrities alongside the already existing strong community of Dogecoin may increase its prominence.Due to its low transaction fees and quick time for settlement, Dogecoin can be used for micro-transactions as well as for retail acceptance. Despite having little institutional influence when compared to Bitcoin, Dogecoin is still a popular coin among the many cryptocurrencies and it can range as part of a diversified digital asset portfolio looking for high-risk high-reward features.
- Ripple (XRP)
XRP, which is also known as Ripple’s native token, is used mostly in international monetary transactions and cross-border payments. Like most cryptocurrencies, however, it runs into regulatory issues in the US due to its legal battle with the SEC although this might change in case Trump is elected President again and take a much more lenient regulatory stance towards trade and the use of cryptocurrencies. The technology of Ripple which is designed to make cross-border transactions fast and cheap would really suit Trump’s prioritizing business. If Ripple manages to come out of the legal tussles, then XRP prices might move high dramatically. If blockchains like Ripple were made for him, then they would hardly meet regulatory resistance, suggesting that the XRP price would rise a huge margin.
- Solana (SOL)
Amongst the newer cryptocurrencies in the market, Solana merits the spotlight for its increasing transaction speed and low fees. Its emphasis on scalable growth of Decentralised Applications makes it one of the main competitors to Ethereum. Given Solana’s potential to go into numerous types of applications such as Decentralised Finance (DeFi), games, and NFTs, it makes sense for an administration keen on technological advancement to promote it.Solana’s high Throughput allows it to be integrated into various projects that need robust blockchain support. Should Trump’s policies support technological advancements and reduce the regulatory barriers for blockchain developers, then Solana’s ecosystem could benefit from accelerated adoption and growth.
Conclusion
With the upcoming 2024 U.S. presidential race, the direction of cryptocurrency regulation can be clearer. Under President Trump, there would be deregulation, encouragement for tax benefits, and an aura that is pro-business, all enhancing the crypto landscape. Rexas Finance (RXS) which focuses on the tokenization of real-world assets dovetails quite well into policies that are likely to be formulated to enhance economic inventiveness. Established and general-purpose cryptocurrencies like Bitcoin and Dogecoin as well as use-case specific focus such as Ripple and Solana could also prosper during these situations.The theoretical upside for these digital assets can be significant, especially if Trump’s economic program supports cryptocurrency and blockchain technology. With the election date drawing near, such assets may well be some of the best assets to hold in Trump’s portfolio as investors analyze political events to forecast the movement of such assets.
For more information about Rexas Finance (RXS) visit the links below:
Website: https://rexas.com
Win $1 Million Giveaway: https://bit.ly/Rexas1M
Whitepaper: https://rexas.com/rexas-whitepaper.pdf
Twitter/X: https://x.com/rexasfinance
Telegram: https://t.me/rexasfinance
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