The FTX crypto exchange going down will forever be remembered as a dark day in crypto. But props to the company for finally starting to repay creditors. It went through with its first round of repayments on February 18, where it paid out the ‘Convenience Class,’ i.e., investors who lost up to $50K.
The next FTX repayment distribution will happen on May 30. In addition to the company’s trading partners and vendors, this round will address investors who had assets on the exchange when it went under.
It’s worth noting, however, that in order to qualify for this round of distribution, FTX creditors must verify their claims by April 11.
FTX Faces Claims from Ineligible Jurisdictions
Amid the bankruptcy-repayment saga, FTX creditor and advocate Sunil Kavuri took to X to share a list of 163 countries that are allegedly ineligible for repayment. The list includes countries like China, Russia, Nigeria, Egypt, and Ukraine.
Neither Sunil nor FTX has given any reasons for the rejection of claims in these regions. However, Sunil did say that FTX is reviewing its options.
The bottom line, therefore, is that FTX repaying its creditors could be very good news for crypto overall. As the date of the next FTX repayment inches closer, here are some of the best meme coins most likely to rally.
1. BTC Bull Token ($BTCBULL) – Best Meme Coin for First-Time Investors
Although the larger crypto market, including meme coins, benefits from Bitcoin’s growth, BTC Bull Token ($BTCBULL) is here to take this correlation to a whole new level.
It’s a fresh take on meme coin dynamics, seeing as it won’t just rally because of market hype and community backing but also from increasing crypto adoption and subsequently rising Bitcoin prices.
$BTCBULL token holders will receive free $BTC every time Bitcoin hits a new benchmark number, such as $150K, $200K, $250K, and beyond. While other meme coins offer tokens or amusing NFT characters as rewards, BTC Bull Token has become the only crypto project to reward token holders with $BTC, a very valuable asset.
Additionally, with 40% of the token supply set to be used for marketing purposes, we can expect $BTCBULL to continue its upward trajectory long after it gets listed on an exchange.
The $BTCBULL presale came out all guns blazing and has raised more than $2.6M in less than two weeks. You can join the BTC Bull Army by paying just $0.002375 per token.
2. Solaxy ($SOLX) – Solana Meme Coin Breathing New Life Into the Network
Solana’s recent performance has been suboptimal, to say the least. Especially when it’s one of the top players in the blockchain game and a haven for meme coins. The network is plagued with issues: network congestion, failed transactions, and limited scalability. Enter Solaxy ($SOLX).
A multi-chain token, Solaxy will process transactions off-chain and in batches. This will not only reduce the overall pressure Solana’s mainnet has been facing of late but also reduce transaction costs.
With Solana ($SOL) right on the edge of dropping to $125 due to increasing downward pressure, Solaxy ($SOLX) offers a ray of light and what could possibly be the turning point for the network.
Luckily for you, the project is currently in presale ($23M+ raised), meaning you can become an investor at some of the lowest prices ever. 1 $SOLX is currently available for just $0.001644. Moreover, early adopters will also be able to benefit from the project’s 176% staking rewards. Here’s how to buy $SOLX.
3. MIND of Pepe ($MIND) – AI Agent Offering Crypto Investment Advice
If you missed out on the recent $BROCCOLI explosion, chances are you weren’t looking at CZ’s X chatter. We don’t blame you, though. After all, it’s simply impossible to be aware of everything crypto-related going on online. Unless, of course, you’re MIND of Pepe ($MIND).
As the best AI agent coin, $MIND is set to revolutionize how crypto investing works. Gone are the days when you had to be on your toes scouting for investment opportunities. $MIND will do it for you.
The $MIND presale is underway, and you can become an early investor for just $0.0033857 per token. With over $6.7M in presale funding so far, $MIND sits comfortably among the best crypto presales live right now. Here’s how to buy it.
4. Comedian ($BAN) – Trending Community-Driven Meme Coin
There’s never a dull day in crypto, and Comedian is the most recent example of this. It’s a relatively new meme coin based on the infamous artwork of Maurizio Cattelan featuring a banana taped to a wall.
The artwork, in case you haven’t been up to speed, instantly went viral, sparking debates on whether modern art is really as thought-provoking as it claims to be. Or is it just lazy, overhyped, and borderline insulting to the greats of the past.
Launched on the Pump.Fun platform in October 2024, the $BAN token was an immediate success. It rose to $0.3 just days after its launch, generating over 460% gains for early investors.
After consolidating for nearly two months, the token is back to dominating the market. It has jumped nearly 100% in the last seven days. The momentum seems to continue as we head into the second week of a fresh Comedian ($BAN) rally. It’s currently trading at $0.1408.
Conclusion
Even though times ahead look like they’ll be very kind to crypto and meme coins, it’s always a wise idea to follow healthy investing habits. These include only putting in a small amount and preparing yourself for violent ups and downs.
Also, this article shouldn’t be considered financial advice. We urge you to do your own research before investing. You could also consider consulting a professional before diving in.
