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After a record-breaking run in which Bitcoin ($BTC) and several altcoins hit new all-time highs, prices have started to dip. The overall market is down 3% and some top altcoins like Cardano ($ADA) and Shiba Inu ($SHIB) are down more than 10%.
However, newer cryptos like Peanut the Squirrel ($NUT) are still posting huge increases. The market obviously still has an appetite for the right projects.
One potentially explosive ICO has started to gather steam. Best Wallet has just launched the exclusive presale of their Best Wallet Token (BEST) which provides an array of benefits that are drawing investors in.
Bitcoin Reaches New All-Time High and Retreats
Bitcoin hit a new all-time high yesterday of $89,956.88, almost reaching $90,000 before falling back.
If $BTC had managed to break past the $90k psychological level, we might have seen it soar even higher. However, the price now seems to be consolidating between $85,000 and $90,000.
$85,000 has been a critical support level recently, so any movement below that mark could mean $BTC has reached its top.
Altcoin Market’s Momentum Falters
The total market cap of the crypto market hit $3 trillion just two days ago, a first for the sector. Although the altcoin market has seen huge growth, it’s shown some signs of slowing and is down almost 3% over the past 24 hours.
Ethereum ($ETH) is down over 5% while BNB ($BNB) and Solana ($SOL) are down almost 4% each. Other altcoins like Avalanche ($AVAX), Shiba Inu ($SHIB), and Cardano ($ADA) are posting double-digit drops.
Even Dogecoin ($DOGE) is down 6%, in spite of Trump announcing Elon Musk’s and Vivek Ramaswamy’s appointment to the Department of Governmental Efficiency — “D.O.G.E.”
Still, many smaller-cap cryptos are performing better, and newly launched projects have an overall positive trend on DEXs.
UNUS SED LEO ($LEO) is up 20% this week. UNUS SED LEO is the native token of the iFinex ecosystem which includes Bitfinex.
The token provides holders exclusive benefits within the iFinex ecosystem, including reduced transaction fees. The growth of this utility token is a sign of the demand for tokens that provide tangible benefits.
One newly launched presale token promises to do that and much more.
The Best Wallet Ecosystem Expands with the $BEST Token
The launch of the exclusive $BEST Wallet token presale has created a buzz among Web3 enthusiasts.
Currently only available through the Best Wallet app, the $BEST token presale presents a rare opportunity for early adopters to secure tokens at the lowest entry price before they hit the broader market.
With $BEST tokens priced at just $0.02255, this presale is designed for Best Wallet users, who now have first access to a range of benefits.
The $BEST token presale is officially live!
For the next two weeks, this exclusive opportunity is only available to Best Wallet users, so take advantage while you can!
Join the presale now and secure your tokens at a discounted price.
Download the app! … pic.twitter.com/VItxcDHAoE
— Best Wallet (@BestWalletHQ) November 11, 2024
Best Wallet, a pioneering Web3 wallet challenging industry players like MetaMask, has designed its ecosystem around security, user convenience, and access to exclusive opportunities.
One of Best Wallet’s standout features, the “Upcoming Tokens” tool, is changing how users discover and participate in new token launches.
The $BEST token itself is launched through this feature, which allows users to participate in token presales directly in-app. This unique setup enables investors to secure the hottest new tokens with a single tap.
Best Wallet Token Presale Raises over $200,000 in 48 Hours
For users of Best Wallet, securing $BEST tokens comes with considerable advantages.
As the ecosystem’s governance token, $BEST not only empowers users with voting rights on key decisions but also unlocks a host of premium features.
$BEST holders enjoy reduced transaction fees across trades and lower costs on cross-chain swaps as well as crypto-fiat conversions.
$BEST tokens also grant exclusive access to early presales of future projects. Holders can enjoy “stage 0” presale access, where they can buy into promising tokens at ground-floor pricing before they become available to the public.
Additionally, $BEST integrates benefits across Web3 applications, making $BEST a valuable asset beyond the wallet itself.
In just a few days, the $BEST presale has already raised $200,000, showing strong community demand.
With Best Wallet’s rapid user growth—50% monthly on average—$BEST is well-positioned to become a central player in the crypto space.
To participate in the $BEST presale, users simply need to download Best Wallet from Google Play or the Apple App Store and access the Upcoming Tokens tab.
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