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Donald Trump’s announcement to create a crypto reserve akin to “Fort Knox” has spurred many governments across the world to at least think about their financial future with crypto in it. South Korea’s central bank, Bank of Korea, could become the latest to give some thought to crypto reserve.
However, most of the recent talks in regards to it pertained to a “caution report” South Korean government must take for adding Bitcoin as a foreign exchange reserve. While nothing is yet set in stone, this news is an indication that progressive regulations could be what’s coming for crypto next. If that leads to a bull run, investors should take a pre-emptive measure and get the best crypto to buy now.
Best Crypto to Buy Now – Top List
Meme Index
If the regulatory front around crypto does become progressive, investors should expect a buying frenzy. However, putting all the money on one crypto is a foolish measure; investments should always be diversified. That’s what Meme Index, one of the latest crypto offerings, is trying to achieve.
Meme Index is marketed as the world’s leading (and only) decentralized meme coin index. An ecosystem powered by MEMEX, its native crypto, Meme Index aims to simplify cryptocurrency investments, especially meme coins, and ensure that all types of investors can gain from it.
MEMEX will play the role of governance token for this ecosystem, letting holders decide which token to add and which to remove from the indices. Furthermore, in the spirit of inclusivity and to give users maximum choice, Meme Index has come up with four different types of indices.
Meme Titan Index is a meme coin index that will be populated with top meme coins. These are tokens that have already proven their worth. And although they are highly volatile, they have a proven track record to give almost “legendary” gains to the masses.
Meme Moonshot Index will have meme coins that are just short of becoming the next top meme cryptos. These are high-cap assets that are yet to make it to the top 10 and have either made, or are about to make their way to a tier-1 cryptocurrency exchange.
Meme Midcap Index is for investors with a high risk appetite. With assets that have a market cap ranging from $50 million to $250 million, this index is fit for industry veterans.
Meme Frenzy Index is the most special index here, made for true degens who are more than willing to risk it all in the spirit of quick gains. The assets that come inside this index are those whose shelf life could be just a few hours, but are still capable of turning degen investors into millionaires if they are fast enough.
With over $4 million raised already, Meme Index is nearing the conclusion of its presale. Current political conditions give it just the right amount of volatility to experience 10x gains after going live.
BTC Bull
Bitcoin has started to trade sideways around the $83 level. And according to experts like Arthur Hayes, further dip may be coming before we could see it climb to the $250K level. If that happens, the entire cryptocurrency community would celebrate. However, BTC Bull aims to make this celebration even better by creating a meme coin tied to the growth of Bitcoin.
Appearing to be a standard, limited utility token on the surface, BTC Bull does not pretend to be a long-shot, high-end crypto. However, that’s what makes it potentially the best crypto to buy now.
The entire schtick of BTC Bull lies with its unique mechanics that are tied to the growth of Bitcoin. These mechanics, which consists of BTC airdrops and token burns, will trigger alternatively every time Bitcoin rises by $25K after the $100K level.
This can potentially lead to two things: creation of a meme coin community around Bitcoin that could gain value with Bitcoin’s growth, and it could lead to a new meme coin that could go toe to toe against the biggest meme coins on the market.
With a time-bound utility like token burns and airdrops, BTC Bull has made no claims of being anything more than a meme coin. Furthermore, with rumors that a meme coin bottom could be in, BTC Bull has a chance to rise higher.
This assumption has been made by popular crypto YouTuber Claybro, who said that with the meme coin bouncing back, the bottom is in. This resurgence of interest could make BTC Bull a successful crypto as well after launch.
Best Wallet Token
Best Wallet Token is a utility crypto tied to Best Wallet, an already-active cryptocurrency wallet gaining favor in the cryptocurrency community thanks to its many facilities.
Standout features of Best Wallet are many, one among them is ability to buy cryptocurrencies and sell them via fiat. This is achieved using an Onramp feature. Other use cases that Best Wallet offers include portfolio management through wallet aggregation and expert market insights, which could be AI-led in the future.
Token Launchpad is another highly lucrative attribute of Best Wallet Token, which lets investors pick partner tokens via ICOs before the said ICOs are revealed to the public. Many of the biggest crypto presales in the past have been able to gain traction due to Best Wallet’s presence in the market.
Best Wallet is also a multi-chain wallet. While it was initially limited to Ethereum, Base and polygon chains, it is in the process of evolving. Recently Bitcoin chain support was added to it, giving the community the power to buy and sell Bitcoin through the platform.
Chains like Solana and XRP will also be added later.
Through this multi-chain support, Best Wallet Token is also able to provide multi-level staking, with more options to come in the future.
These features get bigger and better for those who hold the BEST Token, or the Best Wallet Token. This token, which is also available as an ICO, has been able to raise upwards of $11 million to date.
Other than offering features, Best Wallet is also very active on social media, organizing competitions and offering massive surprises to investors. Recently, it announced a Meme Creators campaign with a $200 prize pool.
Solaxy
While Solana’s biggest strength continues to be its focus on user-centric measures such as high transaction speeds and low fees, when it comes to efficiency, it is lacking. While it was only down in February, 2024 last time, which shows the developer’s efforts to make it better, fear of another drop always looms because of a lack of a suitable L2.
Solaxy is a meme coin project designed to become the world’s first L2 solution for the Solana blockchain. The appeal of this crypto is simple – attaching an L2 with Solana that has a rollup architecture. It means all the transactions will be rolled up off-chain and completed and the encrypted data of the said transaction will be sent on the primary Solana chain.
This complex premise is not common for a meme coin, which has often been considered a joke asset. However, in Solaxy’s case, developers have made sure that this utility is not “all talk and no substance.” They actually provide a developer diary to investors, giving updates about how much the project has progressed.
While the talk of this complex utility is heavy for Solaxy, the reason it can be considered a meme coin is because of the imagery and how the project is presented. Furthermore, Solaxy has a vision of the creation of a meme coin galaxy within Solana, ensuring that Solana can grow even further in days to come.
Conclusion
Now that the Bank of Korea is also thinking about the Bitcoin reserves, the pressure is on to find the best crypto to buy now. Why? Because this is an indication showing the market’s evolution. As regulations become progressive, cryptocurrency will have more exposure, leading to a major bull run. Therefore, investing in the best crypto to buy now could lead to massive gains in the future.
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