Donald Trump declared April 2 as the “Liberation Day” as he prepares to roll out a series of retaliatory tariffs against countries which imposed duties on U.S. goods.
Although full details of the levies are unclear, initial indications suggest that the global cryptocurrency market could face a great deal of volatility in the coming weeks.
Market analysts believe the potential impact of these tariffs on cryptocurrency will be short-term, with a long-term pattern of improvement driven by increasing institutional adoption and good regulatory news.
Zach Pandl, head of research at Grayscale, has stated that the influence of tariffs on cryptocurrency markets is potentially already “priced in,” and thus the worst might be over for us.
With the possibility for a bounce following initial volatility, investors may be looking at alternative cryptocurrencies for potential. Some projects gained traction in recent weeks.
BTC Bull
Historically, Bitcoin has spearheaded market-wide rallies, and analysts point out that the trend can continue. Meme coin BTC bull is designed to reflect Bitcoin’s parabolic increase with an official tokenomics model.
The project has a roadmap where milestone Bitcoin prices trigger token burns and airdrops. For example, every $25,000 increase in the price of Bitcoin over the $100,000 mark will unlock reward mechanisms. btc bull has reportedly raised over $4.3 million in its presale and has been covered by influencers like ClayBro.
XRP
As a leading non-stablecoin cryptocurrency in terms of market cap, xrp continues to facilitate cross-border and institutional transactions. Currently priced at $2.15 to $2.18, the majority of analysts view that xrp is undervalued, particularly given Ripple’s strategic partnerships.
The recent deal with Chipper Cash further increased Ripple’s visibility in the African continent. In addition, regulatory news, such as the potential lifting of the 2023 injunction on Ripple, will be a key driver for institutional adoption.
There is growing rumor surrounding the greenlighting of xrp exchange-traded funds (ETFs), which analysts are forecasting have the potential to usher in more than $8 billion in flows by 2026.
Mind of Pepe
The ongoing direction of U.S. money policy towards quantitative easing from quantitative tightening ought to have a broader market impact, and the AI component within cryptocurrency is viewed as a potential benefactor.
MIND of Pepe, a meme coin powered by AI that was developed by Elvora Labs, is intended to provide real-time market data and trading tips. It has already presold more than $7.8 million, reports state, and has been likened to other AI-driven initiatives such as fartcoin, ai16z, aixbt, and virtual by analysts.
The project has been assessed by crypto influencers, and YouTube channel 99Bitcoins has reported that it can envision tremendous price increases.
Solaxy
Layer-2 scaling solutions have come into the limelight as institutional investment in cryptocurrency continues to grow. solaxy aims to boost interoperability between Solana and Ethereum via enhanced scalability and reduced transaction costs.
The project revolves around high-speed bridging between the two networks, with a seamless user experience. Staking is also integrated into solaxy, which rewards users for contributing to network security and efficiency boosts.
The project was said to have garnered approximately $29 million at the presale phase, with industry experts referring to its viability in solving congestion issues on blockchain.
Best wallet token
While cryptocurrency markets await renewed vigor, the need for secure and functional wallet solutions has increased. best wallet token has been developed to function in a system that converges multiple blockchain networks, including Bitcoin, Ethereum, BNB, and Polygon.
Expansion to Base, Solana, and Tron is on the cards when it comes to compatibility. The wallet aims at simplifying token swapping and taking part in presales and adding security features such as FireBlocks technology.
Best wallet token holders can’t wait to enjoy staking rewards and reduced transaction charges. The project is said to have raised over $11.5 million during presale.
Market outlook
Though Trump’s retaliatory tariff measures present short-term market problems, higher institutional involvement and regulatory sophistication are set to drive long-run expansion in the digital currency market.
According to analysts, Bitcoin and altcoins may experience tremendous price activity as situations within the markets return to normal. These being some of the factors considered, a number of projects like btc bull, xrp, mind of pepe, solaxy, and best wallet token have gained investor interest as they consider market possibilities.
