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CoinGape 2025-01-21 15:34:35

5 Crypto to Buy Now As SEC Welcomes Mark Uyeda as New Chairman

The most awaited event, Donald Trump’s inauguration, has been completed, and crypto investors are excited to witness crypto-friendly decisions. Additional enthusiasm concerns Gary General’s resignation from the SEC and Mark Uyeda’s becoming the acting Chairman. This regulatory change provides the perfect opportunity to explore crypto with high growth potential. Let’s discuss five crypto to buy with the new Chairman. Donald Trump Hires Mark Uyeda As The Acting SEC Chairman After Gary Gensler’s resignation, Mark Uyeda became the acting Chairman of the US Securities and Exchange Commission (SEC). Before this, he was the Republican commissioner from June 2022. Interestingly, he has openly criticized the SEC and Gensler’s stringent approach to the crypto industry. Uyeda also emphasized the need to develop clear and practical guidelines for the crypto industry. This is why his selection by the 47th US President selection has excited crypto investors. Interestingly, Uyeda has also commented on the Staff Accounting Bulletin 121. Overall, his positive approach toward the industry has earned investors’ attention. Mark Uyeda could significantly influence the entire crypto market, so buying trending altcoins could be a good idea. 5 Crypto To Buy Now Macroeconomic events often play a significant role in influencing the price of digital assets due to their high impact on investors’ sentiments. A prime example is Donald Trump’s inauguration event, which boosted the price of Bitcoin to a new ATH. However, past that, a significant consolidation took over the market, which analysts call the buying opportunity. Investors can consider these five crypto to buy based on their demand and long-term price potential. These are: – 1. XRP After Trump’s win in the US election, XRP entered one of the biggest bullish rallies in the market. It is currently trading at $3.14, making it the third-biggest crypto after this. Recent reports reveal US banks may collaborate with the Ripple token for international transactions . The token is growing with global adoption, and Mark Uyeda and any crypto-friendly chairman could influence its price even more due to its struggles with Gary Gensler. 2. Chainlink Chainlink is gaining investors’ attention due to its adoption and recent price rally. At present, the Cardano-Chainlink collaboration is under discussion and could influence the entire DeFi industry. Moreover, analysts see LINK price hitting $50 in the long term, driven by whale accumulation and bullish pattern formation. 3. Dogecoin Dogecoin, the most famous meme coin, is on investors’ radar as the crypto to buy due to its price being influenced by the Tesla owner. A recent comment by Elon Musk, “ DOGE To Mars ,” is speculated to push this crypto to new highs. However, the bullish trajectory may vary, as the DOGE here represents the Department of Government efficiency, not meme coin. 4. Shiba Inu The Dogecoin and Shiba Inu communities have constantly pushed these cryptos’ demand in the market. Recently, Mark Cuban praised SHIBA community , which kept the token relevant to the market, where other meme coins failed. Many industry experts agree, leading its placement in crypto to buy suggestions. 5. Pepe Coin Pepe Coin was the most bullish meme–themed cryptocurrency in 2024, with continuous gains. Just a month ago, the token surged to a new high. Recently, it caught the attention of the Ethereum founder, Vitalik Buterin , who bought 508.6M PEPE. Its historical bullish performance and industry demand could lead to further gains. What’s In There For You? Within just three weeks in 2025, Bitcoin price achieved a new ATH of $109.K, Donald Trump and FLOTUS launched meme coins, Gary Gensler resigned, and Mark Uyeda became the new SEC Chairman. However, experts believe this is the beginning, as Bitcoin bull run , altcoin season, and much more are in queue for this year. At present, the crypto market has entered a minor consolidation, which experts regard as an opportunity. However, among millions of cryptocurrencies, investors should strategically invest. The best five crypto buy options are XRP, Chainlink, Dogecoin, Shiba Inu, and Pepe Coin. However, investors must conduct proper analysis and research before investing. The post 5 Crypto to Buy Now As SEC Welcomes Mark Uyeda as New Chairman appeared first on CoinGape .

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