President Trump wants to create a special fund for cryptocurrencies! He's thinking about adding Bitcoin, Ethereum, Ripple, Solana, and Cardano. This is like a government savings account, but instead of dollars, it uses digital money.
- Bitcoin is like digital gold; it's a way to save money.
- Ethereum and Solana help build new computer programs.
- Cardano and Ripple are newer and a bit riskier.
Crypto | What it does |
---|---|
Bitcoin (BTC) | Like digital gold, a store of value |
Ethereum (ETH) | Helps create online apps |
Solana (SOL) | Also helps create online apps |
Ripple (XRP) | Used for fast money transfers |
Cardano (ADA) | Another type of digital money |
We don't know how much money will go into this fund or how it will be managed yet.