This year’s US presidential election is expected to have a big impact on crypto prices, with the winner setting policy around digital currencies for the next 4 years.
Republican nominee Donald Trump is the favored candidate for many crypto voters, since he has vowed to boost the industry within the US and provide the clear regulations that so many Web3 companies have asked for. President Joe Biden, the Democratic nominee, has been relatively quiet on crypto in comparison.
Polls indicate Donald Trump could win the election in November, which could be a major catalyst for crypto prices. We’ll dive into price predictions for 5 cryptos with the potential to make moves higher if Trump wins the presidency.
Bitcoin
Bitcoin stands to be one of the biggest victors of a Trump presidency. During his campaign, Trump vowed to make all remaining Bitcoin ‘mined in the USA’ and he declared Bitcoin to be the answer to government surveillance of individuals’ transactions.
While Bitcoin’s regulatory status is more or less resolved, there’s still a lot Trump could do to add legitimacy to $BTC and push the token’s price higher. For example, he could remove regulatory barriers to the crypto mining industry in the US or make it easier for companies and institutions to hold $BTC on their balance sheets. While unlikely, Trump could even allow individuals and companies to pay taxes in Bitcoin.
Trump’s enthusiasm for crypto is likely to have a positive impact on Bitcoin’s price on its own. A lot of the market for Bitcoin is fueled by vibes, and Trump’s crypto vibes are far better than Biden’s crypto vibes.
With that in mind, we predict Bitcoin could surge to a new all-time high following Trump’s inauguration. We forecast $90,000 by January, with a potential high over $100,000 by summer 2025. That’s in line with analysts like Dan Tapiero, who have also predicted $BTC will reach the $100,000 threshold early next year.
Ethereum
Ethereum could be another big winner of a crypto-friendly Trump presidency, especially if Trump provides the regulatory clarity that many in the crypto industry have been wanting for years. Ethereum’s status as a security or not remains in limbo, and a Trump administration could quickly declare it to not be a security.
That would be enormous for Ethereum adoption, especially by institutions and companies that have avoided owning or developing on Ethereum because of the regulatory uncertainty around it. Just as important, a Trump presidency could relax rules around Ethereum staking for products like $ETH ETFs, making them much more attractive to investors and further boosting the price of $ETH.
With these likely moves in mind, we forecast a major price gain for Ethereum to $4,800 by January, nearly matching the token’s all-time high and providing a 40% gain from today’s price. Ethereum could continue gaining throughout 2025 as Trump’s financial and regulatory teams move into place and start changing the rules around crypto.
Doland Tremp
Doland Tremp is one of the most popular Donald Trump-themed meme coins, of which there are hundreds now in circulation across multiple blockchains. The token’s value has largely ebbed and flowed with the probability that Trump will win the election, pumping higher after the first presidential debate and soaring after the recent assassination attempt on Trump.
If Trump does win in November, we predict $TREMP could be one of the biggest winners in the immediate aftermath of the election. Expect a frenzy of traders crowding into Trump-themed tokens, all trying to get in on the hype and own the token that will ultimately dominate.
We’re not sure if $TREMP will be the biggest Trump-themed token when the dust settles, but we think it’s likely to see at least a short-term pump between November and January. We predict $TREMP could jump as high as $1.75, eclipsing its all-time high of $1.65 and delivering a 280% gain from today’s price.
Pepe Unchained
Trump tokens aren’t the only meme coins that could surge if he’s to win the election – one of the most talked about new meme coins right now is Pepe Unchained.
A new Layer-2 network for Ethereum, PEPU could benefit from regulatory certainty about whether Ethereum’s $ETH is a security or not. As more people use Ethereum, Layer-2 scaling solutions like Pepe Unchained become ever more important and the value of their tokens grows.
Pepe Unchained stands out because it’s the first Layer-2 based on a meme, in this case the ultra-popular Pepe meme. The blockchain could attract both Ethereum users who want a cheaper alternative and meme coin enthusiasts who see potential in the next big Pepe meme token. Pepe Unchained promises seamless bridging between its $PEPU token and $ETH.
We predict Pepe Unchained could rocket after launch because of its potential to become a hub for meme coin development on Ethereum. Pepe Unchained could serve as the equivalent of Pump.fun on Solana, churning out new meme coins and driving revenue as they’re traded on the Pepe Unchained network.
Meme coins are likely to explode even more if Trump wins, so we think Pepe Unchained could shoot up to $0.10 by January—a nearly 12x gain from the current presale price.
We’re not alone in this thinking, either. Crypto analyst Jacob ‘Crypto’ Bury has already called $PEPU the next meme coin to 10x, and other analysts have offered similarly bullish predictions on Pepe Unchained.
Stacks
Stacks is a hot Bitcoin Layer-2 that could benefit strongly from Donald Trump’s support for the crypto industry. This Layer-2 is designed to help developers build new use cases for Bitcoin, similar to how Ethereum enables developers to build with smart contracts.
A green light for the crypto industry in a Trump presidency could encourage institutions, companies, and individual developers to try out Bitcoin for the first time and use the Bitcoin blockchain—via Stacks—for their own public-facing apps. All of this activity on Stacks would be huge for the $STX token, which is used to pay for transactions on the Layer-2.
The $STX token is up more than 190% in the last 12 months, and it has the potential to run even higher regardless of which way the election swings. With a Trump victory, we predict it could run to $3.85, roughly doubling its price today. Stacks also has huge long-term potential and could continue growing regardless of what crypto regulations Trump puts in place.