Donald Trump, Cryptocurrency, and AI: The Future in 2025
As the United States enters 2025 under the leadership of President Donald Trump, the country is seeing significant changes in both the cryptocurrency and artificial intelligence (AI) sectors. With a focus on innovation, Trump's administration is working to bolster the growth of these technologies, aiming to establish the U.S. as a leader in the global tech economy.
Launch of the $TRUMP Cryptocurrency
On January 17, 2025, Donald Trump introduced his own cryptocurrency, $TRUMP, which gained widespread attention. The token’s market cap hit $3 billion on the first day of trading and quickly surged past $4 billion. However, its value experienced a sharp 40% decline following the release of a competing cryptocurrency, $MELANIA. Despite the volatility, $TRUMP currently holds the third position among meme coins with a market capitalization of $7.1 billion.
Executive Order on Crypto Development
In the early days of his presidency, Trump signed an executive order aimed at fostering the growth of the cryptocurrency industry. The order established a working group led by White House advisor David Sachs, tasked with evaluating the potential creation of a national digital reserve, supporting blockchain technology development, and regulating digital assets and stablecoins. Additionally, the order prohibits the creation and promotion of Central Bank Digital Currencies (CBDCs) in the U.S. and abroad.
The Stargate AI Project
On January 22, 2025, Trump unveiled the Stargate project, which aims to be the largest AI initiative in U.S. history. Backed by tech giants like Oracle, OpenAI, and SoftBank, the project is expected to receive $500 billion in investments to develop AI infrastructure and technology. The launch of Stargate marks a major step in the U.S.'s goal to become a global leader in artificial intelligence.
A Vision for U.S. Technological Leadership
During his address at the World Economic Forum in Davos, Trump outlined his vision for transforming the U.S. into the leading hub for AI, cryptocurrency, and industrial production. He emphasized the nation's abundant natural resources, including oil and gas, as key factors in driving down costs and making the U.S. the world leader in manufacturing and technology.
Conclusion
Donald Trump's administration is actively shaping the future of cryptocurrency and artificial intelligence in the U.S. in 2025. With new initiatives and executive orders aimed at stimulating growth in these sectors, the U.S. is positioning itself to lead in the global tech economy. However, the long-term effects of these policies remain to be seen, and market participants should stay alert to potential changes.