Made in USA coins will be in the spotlight this week as Donald Trump hosts the first crypto summit in Washington. He is expected to announce the Strategic Bitcoin Reserve, a move that may lead to more demand in the near term. This article explores some of the best USA crypto coins to buy and hold.
Why buy USA coins ahead of the Trump crypto summit
There are three main reasons why investors are focusing on popular Made in USA coins ahead of Donald Trump’s summit. First, Trump is putting a focus on these coins and has pledged to include some of them in his Strategic Crypto Reserve.
The challenge is that these reserves will need a congressional approval a highly difficult thing in a highly divided Congress. While many leaders may approve a Strategic Bitcoin ETF, many will find it hard to approve that made up of other coins like Solana and Cardano.
Second, USA coins will likely receive spot ETF approvals by the Securities and Exchange Commission (SEC). That’s unlike other coins made by people from other countries. Most of the recent ETF applications have involved USA coins like Hedera Hashgraph, Litecoin, Stellar Lumens, and Aptos. Third, these coins may receive more inflows from investors this year.
Polkadot (DOT)
Polkadot is one of the top USA coins to buy and turn $1k to $100k this year. It is a blockchain network known for its parachains like Acala, Astar, and Moonbeam.
Polkadot is changing, a move that will make it a more popular blockchain network like Ethereum and Solana. It will introduce MoveVM and Ethereum Virtual Machine (EVM), make DOT the default token across its ecosystem, and other features. There is also a spot Polkadot ETF application with the SEC.
Polkadot price has numerous catalysts that may help to push it higher in the coming days. On the weekly chart, the coin has formed a quadruple bottom pattern, a popular bullish reversal sign. There are also signs that it has moved into the accumulation phase of the Wyckoff Theory. As such, the coin will likely have a strong bullish breakout in the near term.
DOT price chart | Source: TradingView
Pi Network (PI)
Pi Network is another USA coin to consider. It recently launched its mainnet launch that has become highly popular.
Pi Network price has already surged by more than 200% from its lowest level this year, and has numerous catalysts ahead. First, it may get listed by the biggest crypto exchanges like Binance, Cronos, Coinbase, and Upbit.
Binance users have already voted to allow the listing. And with its market cap being over $12 billion, there is a likelihood that these exchanges will approve it. Coinbase will give it access to American consumers, while Upbit will give it access to South Korean customers.
Litecoin (LTC)
Litecoin is another USA coin to consider as the SEC considers approving its spot ETF. There are odds that the agency will approve it since it has already approved multiple Bitcoin ETFs.
Litecoin and Bitcoin are similar cryptocurrencies since LTC emerged as a hard fork of BTC. Its only difference is that it has a maximum supply limit of 84 million compared to Bitcoin’s 21 million. A spot Litecoin ETF may be approved soon, leading to more inflows.
Other top USA crypto coins to consider
There are other popular Made in USA coins to consider this year. The most notable ones are Ripple (XRP), Stellar Lumens (XLM), Hedera Hashgraph (HBAR), and Cardano. These tokens will likely continue doing well this year.
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