Trump Adds Cardano (ADA) to U.S. Crypto Reserve, Yet Investors Are Rushing to This Altcoin With 100x Potential

Trump signed an executive order establishing a Bitcoin Reserve and a digital stockpile for the U.S. Treasury. The signed order will ensure the Treasury treats Bitcoin as a national reserve asset. According to the announcement, the digital stockpile will comprise other digital assets such as Bitcoin, Ethereum and Cardano. The U.S. president directed the Department of Treasury to formulate the stockpile using forfeited digital assets from criminal or civil proceedings.

Bitcoin and other cryptocurrencies continued experiencing volatility even after the executive order. Coinmarketcap data revealed Bitcoin registered a 6% decline while Cardano declined by 4% after the president’s address. Investors could be eyeing a new digital platform promising massive potential gains in the next few months.

Cardano registers price decline despite Trump’s announcement

Investors have raised concerns about whether the government would purchase more crypto assets while setting up the U.S. Treasury digital reserve stockpile. Adding Cardano to the digital stockpile brought mainstream attention to its long-run potential in the crypto ecosystem. The announcement came as financial institutions seek projects offering more scalability and innovation. 

In the ever-evolving crypto market, investors prefer projects that have not yet grown to massive market caps to make more profit. Cardano is already an established project and needs more liquidity to make significant gains for investors. As ADA declines amid Trump’s announcement, Cardano investors have found a hidden gem promising the first-ever hybrid crypto exchange platform. The new project has an ongoing token presale that opens up investments from both retail and institutional investors. 

BinoFi steals the altcoin spotlight amid market tumble

BinoFI is a hybrid exchange model offering traders and DeFi users an improved cross-exchange protocol that leverages the valuable features of centralized and decentralized exchanges in one platform. The project combines centralized exchange efficiency with decentralized finance security to yield a powerful crypto exchange platform for trading and investing activities. BinoFi addresses user privacy and liquidity fragmentation within the crypto ecosystem. 

The project began the first presale phase of its native token, BINO, a few weeks ago. The project’s team revealed that it sold over 10 million tokens so far as more investors join the trend. The sales signal the token’s increased investor demand. The  project’s second phase is set to commence soon with a slightly higher BINO price from the current phase’s price of $0.02. 

BinoFi’s Zero-Knowledge (ZK) know-your-customer (KYC) model sets the project apart from other DeFi ecosystems. Crypto projects such as Cardano grapple with regulatory compliance requirements across numerous jurisdictions. The project’s (ZK) KYC enables users to comply with the disclosure requirements without collecting and exposing their personal data. 

BinoFi’s deflationary mechanism promises massive gains to long-term BINO holders 

BinoFi has a buyback and burn mechanism that controls BINO’s scarcity by continuously reducing its supply over time. Deflationary tokenomics ensures the crypto asset maintains its long-term value as supply cuts and demand increases. Early adopters are set to reap the most benefits in the long run following constant supply cuts and periodic demand surges. 

Experts recommend investing in projects early in advance before they grow their market caps. BinoFi’s current presale price is $0.02, and its projected listing value is $0.3. The price difference means buying BINO tokens now could mean investors will make a 1200% ROI in the next few months. The price difference makes the project attractive to investors who seek massive gains in emerging projects.

BinoFi presents its users with a well-established hybrid crypto exchange platform with a greater likelihood of massive institutional backing than Cardano. Recent activity in the crypto market illustrates that the inclusion of Bitcoin and other digital assets as a reserve currency in the United States might not be the needed catalyst for price surges. Forelooking investors should ensure this unique opportunity does not pass before they position themselves for the high reward potential BinoFi offers. 

Website: https://binofi.com

Whitepaper: https://whitepaper.binofi.com

Giveaway: https://giveaway.binofi.com 

Telegram: https://t.me/binofilabs

Twitter: https://x.com/Binoficom 

CoinMarketCap: https://coinmarketcap.com/currencies/binofi/