What happened to the top 10 cryptos from when Trump was last president?

Bitcoin has hit new all-time highs as President-elect Donald Trump secured success in the 2024 United States governmental election.Set to return to the White House after departing in January 2021, Trump now appears to be bringing a pro-crypto position with him. His campaign made several pledges in assistance of the cryptocurrency sector, marking a distinction with the previous administration.As Trump prepares to resume workplace, Cointelegraph looks back on how the cryptocurrency landscape appeared throughout his last term. The industry has seen major shifts ever since– half of the top 10 coins from his previous term have fallen out of the rankings.Heres a take a look at how the leading 10 cryptocurrencies from Trumps last presidency are faring today.BitcoinBitcoin rate Jan. 20, 2021: $35,302.18 Bitcoin cost Nov. 11, 2024: $82,379.60 Since Trumps last White House stint, Bitcoin has gone through more twists than the president-elects course to election victory. Initially, there was an all-time high of about $67,000 in November 2021. Then came FTX– the seismic crash of November 2022 that took Bitcoin to $17,000 and left everyone questioning if the ride was overFast forward through a bearish market for both Bitcoin (BTC) and the worldwide economy, with BTC dragging its feet through the majority of it. Still, like any excellent return story, Bitcoin rebounded in 2024 as it became accessible to organizations on the United States stock exchange through those shiny brand-new spot exchange-traded funds (ETFs). With experts eyes glued to the $100,000 mark as Trumps victory indicates the beginning of the end for cryptos supervillain, Gary Gensler at the Securities and Exchange Commission (SEC), the possession has actually already smashed past the $82,000 mark.In addition, Bitcoin now hosts digital trinkets like Ordinals (a model of non-fungible tokens) and some of the internets preferred memecoins through Runes. So while Bitcoin remains the gold-standard crypto in the age of Trump 2.0, its likewise discovered some new ways to keep itself fascinating along the way.From indisputable king to layer-2 lab ratEther price Jan. 20, 2021: $1,361.05 Ether rate Nov. 11, 2024: $3,175.47 Ether (ETH) was the indisputable queen of clever contracts, reigning over a kingdom of decentralized applications. Now the crown isnt rather as secure and the network has some severe competition.Solana, the fast, flashy upstart is now ranked 4th by market cap, taking the lead amongst the “Ethereum killer” blockchains. Ethereum, however, has actually picked a various path to stay appropriate. Instead of battling it out for raw speed, it decided to broaden with layer-2 options. This has helped relieve the infamous congestion and sky-high costs, however theres a cost. These layer-2 networks have actually drained pipes liquidity and fragmented Ethereums environment, changing its once-unified realm into a sprawling collection of mini-kingdoms. In its mission to progress, Ethereum likewise went green with The Merge in September 2022, switching out proof-of-work for a more environmentally friendly proof-of-stake consensus mechanism. The upgrade slashed Ethereums energy use by 99% and set the stage for future scalability tweaks like sharding. The crypto world praised, and it was a huge step for Ethereums sustainability, though it didnt included the explosive price rise some investors anticipated.And while Bitcoin has been hectic breaking records, Ethereum was left in the dust despite noting spot ETFs of its own. For now, Ethereum is still hanging on to its No. 2 area, however just being a legacy brand may not be sufficient to keep the crown.Ignoring the hatersIn the wake of the Terra-Luna collapse– an implosion that rattled faith in algorithmic stablecoins all over– Tethers USDT has not only weathered the storm however emerged more powerful than ever. Now the third-largest cryptocurrency by market cap, USDTs valuation has ballooned to about $120 billion.Despite generating a net earnings of $2.5 billion in the third quarter, bringing 2024s overall to $7.7 billion, the company still hasnt undergone a complete, extensive audit. Instead, Tether provides regular attestations.Related: Tether posts $2.5 B in Q3 profits, with 2024 profits reaching $7.7 BSo, whats driving this revenue parade? US Treasury Bills, primarily. Tethers reserves now claim a comfortable $6 billion buffer, with $102.5 billion in Treasury Bills, making Uncle Sams debt Tethers golden goose.But with fantastic earnings come excellent questions. Without a formal audit, lots of are left questioning if Tethers vaults are as strong as they claim. Tether might be the titan, but trust is still the currency that matters most.From contender to rebuilderPolkadot price Jan. 20, 2021: $15.94 Polkadot price Nov. 11, 2024: $5.13 Back in Trumps last term, Polkadot (DOT) was riding high. With a market worth of $17 per token and the fourth area in the crypto rankings, it looked poised to end up being the bridge across blockchain ecosystems, promising a future of seamless crosschain communication. In 2024, however, Polkadots shine has dulled– a $4.10 price and a drop to the 21st area by market cap.Polkadot is no longer a leading 10 crypto. Source: Logan SaetherStill, Polkadot is not waving a white flag. This year, it rolled out Agile Coretime, a brand-new system letting developers buy processing time directly on its core layer. Its part of the Polkadot 2.0 upgrade, a significant pivot from the old auction design. With the introduction of “inscriptions”– a playful nod to Bitcoins Ordinals– Polkadot smashed deal records in December 2023, clocking in over 17 million transactions. Still, Polkadots got a difficult crowd to impress. Ethereum and Solana have actually sealed themselves as powerhouses in decentralized financing (DeFi), with other advanced chains nipping at their heels.Clear skies ahead for XRPXRP rate Jan. 20, 2021: $0.285924 XRP price Nov. 11, 2024: $0.581592 XRP held the fifth area in crypto rankings in January 2021. It has dropped a bit to seventh, however growth has actually been primarily favorable. Its cost has actually leapt from $0.2958 to $0.5355, and its market cap has more than doubled to a cool $30.5 billion. Okay for a cryptocurrency thats been through a legal legend extreme enough for a courtroom drama series.Ripple Labs, the San Francisco business that developed innovation around the XRP Ledger and advocates for its usage in cross-border deals, scored a partial win in court in 2023. After years of back-and-forth, the judge ruled that while some personal sales of XRP did cross into unregistered securities territory, XRP itself doesnt certify as a security. Its a half-victory for Ripple and a complete game-changer for the XRP community, which has actually long operated under a regulatory cloud.Related: SECs Ripple appeal doesnt challenge XRP non-security statusNow, with legal unpredictability cleaning up, XRP is even being talked about as a candidate for an ETF– together with up-and-comers like Solana. An XRP ETF might open doors to a more mainstream audience, triggering fresh excitement amongst financiers whove weathered the ups and downs. While XRP may have slipped a couple of notches in the rankings, its resilience, stable growth and newfound legal clearness hint at the start of a not likely resurgence. The 90s band of crypto fighting for a comebackADA price Jan. 20, 2021: $0.358738 ADA cost Nov. 11, 2024: $0.592937 Back in the last election cycle, Cardano (ADA) was travelling comfortably in the leading 10, with a reputation as an “Ethereum killer” and its roots tracing back to an Ethereum co-founder. Today, Cardano is a bit like that band from the 90s thats still spending time the charts, occasionally insinuating and out of the leading 10. Critics love to call it a “ghost chain,” declaring theres very little building going on and even fewer users to show up. And the numbers do raise an eyebrow: Cardanos core developer and active user count have dropped.Cardanos code dedicates and core designer count drops. Source: Token TerminalYet Cardano isnt relaxing and letting the skeptics have their say. The Chang difficult fork, completed in September 2024, ushered in fresh functions and scalability upgrades, signaling its still got some tricks up its sleeve. The network has likewise entered the Voltaire stage, aiming for a decentralized governance design where users can take part straight in decision-making. Litecoin and Bitcoin Cash: The initial rebels defending relevanceLitecoin cost Jan. 20, 2021: $149.80 Litecoin cost Nov. 11, 2024: $77.38 Bitcoin Cash cost Jan. 20, 2021: $501.72 Bitcoin Cash price Nov. 11, 2021: $438.73 In the early days of crypto, Litecoin (LTC) and Bitcoin Cash (BCH) were the champs of “spendable” cryptocurrency– two coins contending to be digital cash for daily usage. Litecoin, the “lite” version of Bitcoin, provided quicker transactions and lower costs, while Bitcoin Cash split off from Bitcoin with a vibrant guarantee: to satisfy the original peer-to-peer money vision of Satoshi Nakamoto by boosting block sizes and reducing charges. Both coins gained loyal followings and even some merchants, but their paths feel more like fond memories trips than the transformation they intended to spark.In a world where Bitcoin has solidified itself as “digital gold” and newer cryptos offer advanced features like wise agreements and decentralized applications, Litecoin and Bitcoin Cash struggle to stand apart. Countries prohibiting crypto payments and regulative red tape havent helped, either. While some little pockets of adoption persist– believe cafes in Townsville, Ljubljana, and parts of Buenos Aires– the broad usage case for daily transactions hasnt materialized.Litecoin and Bitcoin Cash have both left of the leading 10 cryptocurrencies by market cap, sitting at the 25th and 19th areas respectively.Behind the scenes of DeFiLINK price Jan. 20, 2021: $20.51 LINK rate Nov. 11, 2024: $13.99 Chainlink (LINK) isnt here to be “digital cash” or a “smart contract super star,” but rather the backbone of the crypto world, quietly holding the DeFi universe together. While other cryptocurrencies chase headings and retail hype, Chainlink is hard at work feeding rate information, weather projections and other real-world info to blockchains that need them. Since Trumps last term, Chainlinks role as the go-to oracle service has just solidified, making it the ultimate backstage hero of decentralized finance.The recent rollout of Chainlink 2.0 added a lot more muscle to its oracle network. This upgrade presented decentralized oracle networks, enabling dynamic non-fungible tokens, automated blockchain functions and all sort of new DeFi magic. With staking lastly offered, LINK holders can now protect the network and make rewards– a long-awaited perk that supercharges this data-driven environment. Chainlink is now better geared up for complex tasks, showing that its not simply trustworthy but flexible too.LINKs price hasnt delighted in the exact same steady rise as its reputation. The token has been buffeted by volatility and competitors. New oracle suppliers have gone into the scene, and some DeFi projects are developing their own oracles. Not so stellarXLM rate Jan. 20, 2021: $0.291680 XLM price Nov. 11, 2024: $0.109166 Launched by Ripple co-founder Jed McCaleb in 2014, Stellar set out to use quick, low-cost international transactions, connecting everybody from banks to the unbanked. Since Trumps last term, Stellar has made strides in the reserve bank digital currency (CBDC) arena, particularly with its pilot task in Ukraine to test a digital variation of the hryvnia. Publication: Real life yield farming: How tokenization is transforming lives in AfricaBut Stellars journey hasnt been all, well, outstanding. The competition in cross-border payments has actually only increase. Federal governments checking out CBDCs typically look toward centralized options or established platforms like Ethereum. Excellents XLM token has actually suffered as the marketplace increasingly tilts toward DeFi-focused chains with prominent use cases. Its dropped from the 10th spot to the 35th area, since Nov. 8, 2024.

The industry has actually seen major shifts considering that then– half of the top 10 coins from his previous term have actually fallen out of the rankings.Heres an appearance at how the top 10 cryptocurrencies from Trumps last presidency are faring today.BitcoinBitcoin rate Jan. 20, 2021: $35,302.18 Bitcoin rate Nov. 11, 2024: $82,379.60 Since Trumps last White House stint, Bitcoin has gone through more twists than the president-elects course to election victory. While Bitcoin remains the gold-standard crypto in the age of Trump 2.0, its also found some new ways to keep itself fascinating along the way.From undisputed king to layer-2 laboratory ratEther rate Jan. 20, 2021: $1,361.05 Ether rate Nov. 11, 2024: $3,175.47 Ether (ETH) was the indisputable king of wise contracts, ruling over a kingdom of decentralized applications. Tether might be the titan, however trust is still the currency that matters most.From contender to rebuilderPolkadot cost Jan. 20, 2021: $15.94 Polkadot rate Nov. 11, 2024: $5.13 Back in Trumps last term, Polkadot (DOT) was riding high. Ethereum and Solana have actually sealed themselves as powerhouses in decentralized financing (DeFi), with other advanced chains nipping at their heels.Clear skies ahead for XRPXRP rate Jan. 20, 2021: $0.285924 XRP price Nov. 11, 2024: $0.581592 XRP held the fifth area in crypto rankings in January 2021. The 90s band of crypto combating for a comebackADA cost Jan. 20, 2021: $0.358738 ADA rate Nov. 11, 2024: $0.592937 Back in the last election cycle, Cardano (ADA) was travelling conveniently in the top 10, with a credibility as an “Ethereum killer” and its roots tracing back to an Ethereum co-founder.