The recent announcement by Donald Trump regarding the inclusion of three lesser-known digital tokens in the US strategic crypto reserve has sparked skepticism within the crypto industry. The selected coins, XRP, SOL, and ADA, alongside Bitcoin and Ether, initially experienced a surge in value following the news. However, this rally proved to be short-lived as experts and investors began questioning the practical benefits of the proposed stockpile. The announcement came after a challenging month for cryptocurrencies, marking their worst performance since 2022. Despite the temporary boost, doubts about the project’s merits have led to a pullback in the gains of the chosen tokens. — news from Bloomberg
