Stargate Finance (STG) Set for Bull Rally Under Trump’s Crypto Push

As the Donald Trump Donald Trump Donald Trump is an American former president politician, businessman, and media personality, who served as the 45th president of the U.S. between 2017 to 2021. Trump earned a Bachelor of science in economics from the University of Pennsylvania in 1968. Trump won the 2016 presidential election as the Republican Party nominee against Democratic Party nominee Hillary Clinton while losing the popular vote. As president, Trump ordered a travel ban on citizens from several Muslim-majority countries, diverted military funding toward building a wall on the U.S.–Mexico border, and implemented a family separation policy. Trump has remained a prominent figure in the Republican Party and is considered a likely candidate for the 2024 presidential election President administration focuses on its goal of “making America great again,” the altcoin market has steadily gained bullish momentum. During Trump’s time in office, the cryptocurrency industry, particularly memecoins and DeFi tokens, saw significant progress in terms of legalization.

Under the previous joe biden joe biden Joe Biden President administration, Bitcoin (BTC) and Ethereum (ETH) were officially recognized as commodities, while other digital assets were classified as securities.

This shift in regulations has opened the door for more investors, especially institutional ones, to see cryptocurrency as a valuable hedge against inflation in the near future.

Top DeFi Token to Consider Ahead

After Bitcoin’s recent price surge above $100k, the Stargate Finance (STG) token has shown signs of starting a larger bullish trend. This small-cap altcoin, with a fully diluted valuation of around $378 million and strong daily trading volume, rose over 13% to trade at about $0.378 during the mid-London session on Wednesday.

Looking at technical analysis, STG has consistently closed above the 50-day Moving Average (MA) over the past few months, suggesting that buyers are in control. Since November 2024, STG has followed a rising trend, marked by higher highs and higher lows.

If the price stays above $0.55, it could signal the start of the next phase of the bull run.

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Why Stargate Finance Has An Edge

Stargate Finance has grown into a key omni-protocol, with over $436 million in Total Value Locked (TVL). The STG token is highly liquid, with more than 38,000 on-chain holders, and continues to gain value through the Stargate Farm program, which rewards liquidity providers.

The protocol’s utility has also expanded as Ethereum’s layer-two scaling solutions attract more mainstream users. Additionally, Stargate makes it easy for users to securely transfer assets across different blockchains for a small fee.

With a strong technical outlook and growing utility, Stargate Finance is set to thrive as the broader crypto market expands.