The cryptocurrency sector is optimistic about what comes next Donald Trump as the next president. The optimism comes as many cryptocurrencies have reached unprecedented highs since Trump won the 2024 presidential election.
A new Benzinga reader poll predicts which cryptocurrency could perform the best early in Trump’s presidency.
What happened: Asset will take an oath as the next president of the United States on Monday, marking his second non-consecutive term leading the country.
The stock market will be closed on Monday in honor of Martin Luther King Jr. Daywhich is a federal holiday.
Although investors will not be able to buy and sell stocks that might be mentioned individually or that are part of sectors highlighted during Trump’s inauguration speech, the cryptocurrency market will be open.
“Which crypto will pump the most on Donald Trump’s inauguration day?” » Benzinga recently asked readers.
Here are the results:
- XRP token XRP: 41%
- Bitcoin BTC/USD: 35%
- Dogecoin DOGE/USD: 14%
- None, crypto will crash: 7%
- Shiba Inu SHIB/USD: 4%
The winner of the poll was XRP Token, which is one of the highest gaining cryptocurrencies over the last year. XRP, which comes from Ripple Laboratories, has been in the spotlight a lot lately, notably thanks to a visit of Ripple executives meet Trump.
The poll saw only 7% of readers predicting the cryptocurrency would crash on Monday, which could end up being a result of the news selling off as cryptocurrencies trade higher ahead of Monday.
If Trump announces cryptocurrency-related initiatives on Monday, the sector could strengthen, but cryptos could also fall if he downplays the sector in his speech.
Why it’s important: Benzinga readers picked XRP and Bitcoin as winners in several polls, which won’t make the latest results a huge surprise.
A start December 2024 survey asked Benzinga readers if any of the many hand-picked cryptocurrencies would outperform XRP in 2025.
The results were as follows:
- Bitcoin: 28%
- Solana: 15%
- Dogecoin: 13%
- Ethereum: 10%
- Shiba Inu: 10%
- Hedera: 1%
- None of the above: 24%
Bitcoin won the survey, with 28% of readers believing the leading cryptocurrency will outperform other options in 2025.
Second place in the survey was None of the above, meaning 24% of readers believe XRP will outperform the other six cryptocurrencies, including Bitcoin, in 2025.
Here are the current cryptocurrency returns in the new survey:
- XRP: 1 month +32.0%, 1 year +478.1%
- BTC: 1 month: -1.6%, 1 year +145.3%
- DOGE: 1 month +3.5%, 1 year +414.9%
- SHIB: 1 month -0.9%, 1 year +155.1%
XRP and Dogecoin have already posted huge year-over-year gains and XRP has risen significantly over the past month, which could deliver additional gains on Monday as icing on the cake as more eyes turn to the crypto sector -currencies in 2025.
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The study was conducted by Benzinga from January 16, 2025 to January 17, 2025. It included responses from a diverse population of adults 18 years or older. Participation in the survey was completely voluntary, with no incentives offered to potential respondents. The study reflects results from 107 adults.
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