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Trump Unveils Sovereign Wealth Fund Ahead of Crypto Czar Talk: Best Crypto to Buy Now?

By Fatima

Last Updated: Feb 4, 2025

Fact checked

By Sam Cooling

Trump unvails the US Sovereign Wealth Fund. Experts and crypto Czar will discuss its impact. Best crypto to buy right now?

On February 3, 2025, President Donald J. Trump signed an executive order to establish a U.S. Sovereign Wealth Fund to bolster financial security, reduce tax burdens, and reinforce America’s global economic leadership.

Trump initiative is expected to positively influence the crypto market by fostering investment in blockchain projects. Experts will analyze its impact at the upcoming Crypto Czar talk, where discussions will also explore the best crypto to buy.

The White House AI and Crypto Czar, along with key Republican policymakers, will hold a press conference to outline Washington’s digital asset regulatory strategy.

Scheduled for later Today (Tuesday, February 4), Crypto Czar David Sacks will lead a media day to discuss how Congress and President Trump’s administration plan to position the U.S. as a dominant force in the digital asset ecosystem.

Will Trump’s U.S. Sovereign Wealth Fund Boost Crypto and the Economy?

Sovereign wealth funds are used by countries like Norway, China, and Saudi Arabia to manage national assets and grow their economies over time. Since the U.S. owns trillions of dollars in assets, this plan could help better use them.

One main goal is to lower taxes for American families and small businesses by creating new government income sources. By managing federal property, infrastructure, and natural resources more effectively, the government hopes to strengthen the country’s financial stability.

President Trump believes a U.S. sovereign wealth fund will boost America’s economic influence worldwide. His larger plan also includes fair trade, energy independence, and cutting unnecessary regulations to keep the economy strong.

Some states, like Alaska and Texas, already have their own sovereign wealth funds, and they are using them successfully to manage public money. Trump’s proposal aims to bring this idea to a national level to benefit the entire country.

As the UK looks into similar plans, this move shows a growing trend in how nations handle their wealth. It has also raised questions in the crypto world. If the fund invests in blockchain and digital currencies, it could lead to more adoption and support from major financial institutions, potentially driving crypto prices higher.

Could this be the catalyst for finding the best crypto to buy in today’s market?

Solaxy: Solana’s Layer-2 Scaling Breakthrough, Raising $17.7M in Presale

Solaxy: Solana's Layer-2 Scaling Breakthrough, Raising $16.3M in Presale

As financial markets adjust to major policy shifts, investors explore opportunities in emerging blockchain projects like Solaxy ($SOLX). The first-ever Layer-2 scaling solution for Solana has crossed the $17.7 million presale milestone, highlighting strong market confidence.

The $SOLX token presale presents an early opportunity to invest in Solaxy, the first Solana Layer-2 blockchain designed to enhance network scalability and efficiency. Solaxy addresses Solana’s congestion, failed transactions, and scalability issues while maintaining its speed and low fees. By solving these challenges, Solaxy is set to revolutionize blockchain innovation. Solaxy has been audited by Coinsult to ensure its security, confirming that the contract is safe and reliable.

As the native token of the Solaxy blockchain, $SOLX fuels this ecosystem while bridging Ethereum’s vast liquidity and Solana’s efficiency. With multi-chain support on both Ethereum and Solana, $SOLX broadens its market reach, increasing demand and utility.

The $SOLX presale allows early adopters to purchase tokens at the lowest price, with scheduled price increases in each phase. Investors can also stake their tokens during the presale to earn passive rewards, currently with 227% APY, while contributing to the network’s expansion.

Tokenomics Overview

  • 20% — Treasury: The project’s treasury, held in reserve.
  • 15% — Marketing: Funds used to spread the word throughout the Solaxy ecosystem.
  • 25% — Rewards: Early supporters receive significant incentives for their participation.
  • 10% — Listings: Dedicated allocation for exchange listings.
  • 30% — Development: Supporting the continuous expansion of the ecosystem.

Currently priced at $0.001624, $SOLX tokens are expected to rise in value as the presale advances. Investors can join by visiting Solaxy’s official website, connecting their wallets, and purchasing $SOLX using SOL. Solaxy could be one of the best crypto to buy in this current market.

Visit SOLX Here

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Disclaimer
Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital. 99Bitcoins may receive advertising commissions for visits to a suggested operator through our affiliate links, at no added cost to you. All our recommendations follow a thorough review process.
Fatima
Fatima
Crypto Journalist
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