Donald Trump’s announcement that the US will include three lesser-known digital tokens in its strategic crypto reserve was greeted with skepticism in the industry, with investors questioning the project’s merits and the coins he selected giving up some of their initial gains.

Crypto prices surged Sunday after President Trump said he would move forward on a U.S. crypto strategic reserve that will include bitcoin and ether, as well as three smaller and riskier tokens. “A U.S.

Government purchases for the “Crypto Strategic Reserve” will include bitcoin and other lesser-known digital tokens, President Donald Trump said on social media.

U.S. President Donald Trump on social media announced the names of five digital assets he expects to include in a new U.S. strategic reserve of cryptocurrencies on Sunday, spiking the market value of each.

Digital assets like Bitcoin rallied on the president’s backing for a strategic holding, but even some conservatives and industry backers disapproved.

XRP (XRP-USD) saw a massive price explosion after Donald Trump confirmed its inclusion in a proposed U.S. strategic crypto reserve. The

President Donald Trump has announced that the United States will create a strategic crypto reserve that will hold Bitcoin, Ethereum, XRP, Solana and Cardano.