Trump's Crypto Reserve Boosts Market Cap to $3T, Dogecoin, SUI, LINK Surge

Generated by AI AgentCoin World
Monday, Mar 3, 2025 8:59 am ET1min read
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US President Donald Trump's recent announcement of a proposed Crypto Strategic Reserve has sent shockwaves through the cryptocurrency market. The inclusion of Bitcoin, Ethereum, XRP, Solana, and Cardano in the reserve has sparked a rally in their prices, with the global market cap surging to $3.03 trillion, a 6.60% increase.

Trump's announcement on his Truth Social platform has not only boosted the prices of the mentioned cryptocurrencies but has also fueled speculation about other cryptos that could potentially be added to the reserve. Coins like Dogecoin (DOGE), SuiSUI-- (SUI), and Chainlink (LINK) have gained momentum, with market experts suggesting they could be among the next additions.

Dogecoin (DOGE) has experienced substantial price growth, surpassing the $0.22 threshold and recording a 6% increase within a day. The coin has shown signs of market expansion, with expert analysis suggesting it could potentially reach $4 under present bullish market conditions.

Sui (SUI) has also had a notable price surge, aligning with broader crypto market trends. Currently trading at $2.91, the token is on track to surpass the $3 mark. The total value locked (TVL) now stands at $1.376B, reflecting the overall market surge and raising speculation that SUI could potentially make it to Trump’s crypto strategic reserve list.

Chainlink (LINK) has become a notable player in the crypto market, especially within Donald Trump’s World Liberty Financial portfolio. As one of the largest utility networks in the industry, LINK’s price has demonstrated strong technicals, signaling a potential rally. Currently priced at $16.44, it has seen a 10% surge in over the past 24-hours following the recent market surge. With such momentum, market experts suggest that the Chainlink price prediction could reach as high as $20, making it one of the top altcoins to buy for future price movement.

The potential addition of Dogecoin, SUI, and Chainlink to Trump’s reserve could influence Cryptocurrencies price trends. The reserve could boost demand, leading to significant market growth. The announcement of Trump’s Crypto Strategic Reserve initiative has been the primary catalyst for the crypto market surge.

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