The post How the US Treasury Crypto Reserve Add-Ons Are Good for Best Meme Coins Like Meme Coin index appeared on BitcoinEthereumNews.com.

US President Donald Trump announced yesterday that altcoins will be included in the government’s crypto strategic reserve. It’s an interesting move that has been met with mixed reactions. Could we potentially see meme coin indexes being added to the reserve? Bitcoin was initially the only cryptocurrency expected to feature in the US crypto reserve. However, Trump’s recent announcement means Ether, XRP, Solana, and Cardano are also expected to be included. The cryptocurrency market has been buoyed by the news, with Reuters reporting a 10% increase in the hours following Trump’s announcement on his social media platform Truth Social. It’s a welcome sight after a dismal week during which $BTC sunk to below $79K. Let’s see what this means for the industry. Crypto Heavyweights Weigh in on Trump’s Big News Whitehouse AI and crypto czar David Sacks quickly took to X in support of the president. Other crypto heavyweights, however, aren’t as convinced. ‘Nothing new here. Just words,’ was BitMex co-founder Arthur Hayes’ response to Sacks’ post. Hayes also pointed out that congressional backing would be needed to add altcoins to the proposed strategic reserve. Binance founder and former CEO Changpeng Zhao had a more optimistic response, writing on X that ‘it’s a fantastic start of something really good. Be happy. Keep building.’ He went on to say that ‘more “valuable crypto” are likely to be added over time. More countries will follow. Coinbase CEO Brian Armstrong also voiced his thoughts on X, saying it would probably be best not to add altcoins to the reserve. But, he added, ‘if folks wanted more variety, you could do a market cap weighted index of crypto assets to keep it unbiased.’ Will Meme Coin Indexes Ever be Included in the US Crypto Reserve? For now it appears Trump’s focus is on adding OG…

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Filed under: News - @ March 3, 2025 2:21 pm