XRP, Bitcoin, Dogecoin Top Picks for Inauguration Day Rally

The Cryptocurrency Market Anticipates Trump's Inauguration

As Donald Trump prepared to take office for his second presidential term on January 20, 2025, the cryptocurrency market buzzed with excitement. A recent poll conducted after the inauguration revealed that readers favored XRP as the most likely crypto asset to surge on Inauguration Day. Bitcoin and Dogecoin also emerged as potential winners.

Poll Results:

• XRP: 41%
• Bitcoin: 35%
• Dogecoin: 14%
• Shiba Inu: 4%
• Crypto Will Crash: 7%

XRP has garnered significant attention as one of the most promising cryptocurrencies in recent times. Created by Ripple Labs, it has soared by 478% in value over the past year and 32% in the last month. Trump's meetings with Ripple executives have further fueled speculation surrounding XRP.

Despite its dominant position in the crypto realm, Bitcoin experienced a slight decline of 1.6% in the previous month but still managed to gain 145% over the year. Dogecoin, a fan favorite, has jumped by 414% since last year, leaving its community eager for further gains.

With the stock market closed for Martin Luther King Jr. Day, all eyes turned to the cryptocurrency market, which remained active. Investors anticipated that Trump's inauguration speech might include crypto-friendly policies or announcements, triggering a rally. However, some feared a "sell the news" scenario if Trump downplayed the sector.

XRP's leadership in crypto polls is not a novel occurrence. A poll conducted in December 2024 revealed that 24% of readers believed XRP would outperform Bitcoin, Solana, and Ethereum in 2025.