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Bitcoin soared more than 7% and BTC Bull Token (BTCBULL) surged past $3.2 million in presale amid controversy over what cryptos should be included in Donald Trump’s crypto strategic reserve
Trump took to his social platform Truth Social on March 2 to say he’d instructed that XRP, Solana (SOL), Cardano (ADA) and Ethereum (ETH) be included in the US strategic crypto reserve alongside Bitcoin.
Mr. Donald Trump has fulfilled his promise and established an American Crypto reserve fund.
Includes: BTC, ETH, XRP, SOL, ADA. pic.twitter.com/EtApT042Ku
— Duy 🟡 (@Duy__BNB) March 2, 2025
That triggered a backlash from so-called Bitcoin maxis, who argue that the US crypto reserve should only hold BTC.
Renowned trader Peter Brandt said in an X post yesterday that Trump has “GREATLY destroyed his credibility” after he suggested that ETH and XRP be added to the reserve. ”It shows a man with little to no discernment,” he added.
Trump Strategic Reserve Picks Divide Web3 Community
Gemini co-founder Tyler Winklevoss echoed a similar sentiment in a post of his own. “I have nothing against XRP, SOL, or ADA but I do not think they are suitable for a Strategic Reserve,” he said. According to him, a strategic reserve asset “needs to be hard money that is a proven store of value like gold.”
Several others, including Gemini co-founder Cameron Winklevoss, and even Bitcoin critic Peter Schiff, also said that BTC is currently the only asset that meets the needs of a strategic reserve asset, while Coinbase CEO Brian Armstrong said Bitcoin would be the best choice.
Because XRP is great technology, a global standard, survived for a decade through many harsh cycles, and has one of the strongest communities. I think the president made the right decision
— Charles Hoskinson (@IOHK_Charles) March 2, 2025
The criticism prompted pro-XRP lawyer Bill Morgan to slam the Bitcoin maxis.
“For eight years or more the crypto industry was under attack and now there is finally the most powerful world leader fostering crypto and innovation and not attacking it,” he said in a March 5 post on X. ”The response of Bitcoin maxis is not to say thank you Mr President but to attack him. Pathetic and shockingly ungrateful.”
Ripple Labs CEO Brad Garlinghouse had lobbied for a multi-crypto reserve, saying that the Web3 space can only achieve its goals if everyone works together.
“Glad to see POTUS recognizing we live in a multichain world and that we’re finally moving past Bill Hinman and the Biden administration’s SEC’s very broken thinking,” he wrote in a March 2 X post.
BTC Bull Token Offers Investors Free Bitcoin – Best Crypto To Buy Now?
As the debate rages on, investors might consider BTC Bull Token (BTCBULL) as a unique way to play the upside potential of Bitcoin’s role as the foundation of the future crypto strategic reserve in the US.
With its blockbuster ICO already surpassing $3.2 million, BTCBULL was created to help drive Bitcoin’s growth, supporting its journey to $1 million per coin and beyond.
With the help of the US strategic reserve, that could happen sooner than many investors expect.
As the leading crypto climbs to new heights, BTC Bull Token will either airdrop BTC to investors or execute BTCBULL token burns, permanently removing tokens from the supply.
The first price milestone to trigger an airdrop is $150K, after which there will be airdrops with every $50k increase in the BTC price. There will also be a massive BTCBULL airdrop when Bitcoin reaches $250K for the first time.
Meanwhile, the next token burns will happen when BTC hits $125K, $175K and $225K. These events will increase the scarcity of the meme coin.
This, coupled with the demand from investors looking to gain access to the BTC airdrops, could lead to a BTCBULL price surge.
Alessandro De Crypto, a prominent crypto YouTuber with over 14.7K subscribers, believes BTCBULL will go on to print massive gains.
Interested investors can buy the meme coin through the simple widget embedded on the project’s website. Selling for $0.002395, BTCBULL will undergo a price hike in less than 2 days.
Learn more about BTC Bull Token.
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