These 3 USA Coins Could Explode If Trump Announces Tax Relief For Made in USA Cryptocurrencies

The crypto market is witnessing corrections as Bitcoin faces downward pressure. Meanwhile, the Made in USA market cap has reached $439 billion. If Trump announces tax relief for USA coins, certain assets could experience significant price movement. Filecoin (FIL), Sui (SUI), and Aptos (APT) are among those that could benefit.  

USA coin: Filecoin (FIL)

Filecoin (FIL) price is trading at $3.16 after a 3% daily increase. Its 24-hour trading volume stands at $205.73 million, marking a 48% rise. The market cap has climbed to $2.03 billion, reflecting a 3% growth. 

Analysts suggest FIL is holding key support, with a potential target of $16. A strong rebound could push prices higher. This development comes as speculation grows that USA coins may benefit from potential tax relief if announced by former President Donald Trump.

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Sui (SUI)

Sui (SUI), a layer-1 blockchain, has seen notable growth, rising nearly 4% over the past week despite market fluctuations. Increased institutional interest and expanding partnerships have positioned SUI for further price gains.  At the time of writing the SUI price has $2.67, with 2% decrease.

In a major development, the Sui price has partnered with World Liberty Finance (WLFI), a decentralized finance protocol inspired by Donald J. Trump’s vision of financial transparency. Additionally, both entities have begun exploring joint product development opportunities, reinforcing Sui’s expanding presence in the blockchain ecosystem.

Aptos (APT)

Aptos (APT) is showing strong momentum as it consolidates within a horizontal channel on the 4-hour chart. This pattern suggests an imminent breakout. If market conditions allow, traders may look for entries near the lower boundary to catch any potential dips. 

A sustained bullish push could drive APT beyond the $10 mark in the near term. Currently, Aptos is trading at $6.27, rising 5.16% in the past 24 hours despite broader crypto market corrections. 

With speculation growing over possible tax relief for USA-based cryptocurrencies, Aptos is gaining attention as one of the top-performing assets in the sector.

Source: TradingView

Conclusion  

The speculation surrounding tax relief for Made in USA cryptocurrencies is gaining traction. USA coins such as Filecoin, Sui, and Aptos are in focus as investors evaluate possible impacts. While market trends remain uncertain, any favorable policy shift could bring substantial changes. 

Frequently Asked Questions (FAQs)

USA coins refer to cryptocurrencies developed or primarily based in the United States.

A tax relief policy could reduce regulatory burdens, boosting investor confidence. Which USA coins might benefit from a potential tax relief?

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Coingape Staff

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Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

Source: https://coingape.com/markets/these-3-usa-coins-could-explode-if-trump-announces-tax-relief-for-made-in-usa-cryptocurrencies/