Top Long Term Crypto Investment? Best Wallet Token Raises $7 Million In ICO

11 hours ago 5

Leading crypto wallet brand Best Wallet continues to steal the spotlight, first with its user growth metrics and now with its stellar presale performance.

As widely reported, Best Wallet’s non-custodial multi-chain wallet is seeing a staggering 50% MoM growth in its user base. With its current trajectory, the company is looking to capture 40% of the $11 billion non-custodial wallet business.

On the back of its accelerating user growth, its native Best Wallet Token (BEST) has raised over $7 million in its presale, signalling high upside potential.

Considering Best Wallet has established itself as one of the go-to crypto wallets for new retail investors, analysts are viewing BEST as one of the top long-term crypto investments capable of offering up to 10x returns.

Best Wallet Impresses With 50% MoM Growth

Best Wallet’s rapid user base expansion isn’t a surprise when considering the obvious fundamental advantages it has over other top crypto wallet brands.

Unlike chain-specific wallets like MetaMask and Phantom, it is a multi-chain wallet. As per its website, Best Wallet will soon integrate up to 60-plus chains, allowing users to easily buy, swap and store crypto across networks.

Thanks to its integration with cutting-edge tools like OnRamper, users from all geographical locations are guaranteed the best exchange rates and processing fees, especially if they are holding the BEST token.

Its decentralized account recovery mechanism, no-KYC feature and anti-fraud systems have also made it a safe crypto storage solution for retail investors.

However, Best Wallet is marketing itself beyond just a crypto wallet brand, instead seeking to become a one-stop shop for all things Web3. For instance, the company recently unveiled its presale aggregator called “Upcoming Tokens”, which allows users to invest in trending presales — which they otherwise would have missed out on — without leaving the platform.

Best Wallet will soon launch its staking aggregator as well, allowing investors to benefit from cross-chain staking, which is expected to offer a higher yield percentage than the industry standard. BEST token holders will receive premium rates.

As per the project’s roadmap, features like Best Card, NFT gallery, derivatives trading and market intel analytics are coming down the pipeline. Check out the full roadmap in the image below.

In particular, Best Card is grabbing headlines, considering it is supported by Google Pay and Apple Pay. Users will be able to directly spend their crypto at retail, essentially anywhere Mastercard is accepted. Once again, BEST holders will receive exclusive rewards in the form of 8% cashback on every transaction.

Check out more of Best Wallet’s cutting-edge features by downloading it from Google Play or the App Store. It is not without any reason that prominent crypto influencers are hyping it as “the only crypto wallet you will need”.

The Best Long-Term Crypto Investment?

Considering Best Wallet’s impressive user growth statistics, it is no surprise that experts are viewing BEST as one of the top long-term crypto investments, considering the exclusive benefits it unlocks.

The wallet’s salient features also reveal that the accelerating user growth isn’t a fluke. In fact, many experts believe the retail-led altcoin bull market hasn’t even started yet. The demand for a multi-chain, non-KYC and beginner-friendly wallet will only soar against the backdrop of an altseason.

It is not without any reason the BEST presale has raised over $7 million in a few short weeks, partly due to a strong demand in whales. Meanwhile, the Best Wallet X account has surpassed 33k followers, in addition to 23k Telegram subscribers and a popular Discord channel.

Massive social media following has been one of the top predictors of a successful token launch during this bull market. Moreover, top crypto publications like Cointelegraph, Techopedia and Binance Square have featured Best Wallet and its viral token sale.

Unsurprisingly, smart money investors have been quick to recognize BEST’s long-term potential, with some even considering it an easy 10x investment.