As Bitcoin retreats to $80K, major altcoins have followed suit and retracted today. However, smart investors are using this dip as an opportunity to capitalize on the market’s volatility and take bigger positions for the next leg up.
With that in mind, this article explores the best crypto to buy now.
Solaxy
Solaxy is building the world’s first Solana layer 2 blockchain. The project will handle Solana transactions on a separate network, using transaction bundling technology to increase scalability.
While Solana is highly scalable, it continues to suffer from congestion issues during peak activity. For instance, when Donald Trump launched his meme coin on the network last month, Solana received millions of requests per minute, leading to longer wait times and failed transactions.
Solaxy’s approach will allow Solana to withstand significant demand and function as designed. This is a huge leap forward for the ecosystem’s long-term potential.
Right now, Solaxy is available to purchase through a token presale. The presale has raised $23.8 million so far. $SOLX is currently priced at $0.001648, but this will rise throughout the campaign.
Visit Solaxy Presale
Best Wallet Token
Best Wallet is a new crypto wallet that supports over 60 blockchains and contains a wide range of innovative features.
The wallet is already live, but the team recently launched the Best Wallet token, which provides additional ecosystem advantages like governance rights, access to promotions on partner projects, trading fee discounts, and higher staking yields.
Some of Best Wallet’s features include a cross-chain DEX, a presale aggregator, a crypto debit card, and an NFT gallery.
Best Wallet also recently partnered with an Etheruem-based meme coin called BTC Bull Token so that users can hold $BTCBULL and earn real Bitcoin rewards from the same app.
It’s also the best crypto staking platform due to a feature that allows you to stake multiple tokens from one app.
The project is undergoing a presale and has raised $10.6 million so far.
Visit Best Wallet Token
Berachain
Berachain is a new EVM-aligned layer 1 blockchain. The project uses a unique consensus mechanism called Proof-of-Liquidity, which aims to defragment the ecosystem by giving liquidity provision responsibilities to validators rather than applications.
This moves the responsibility from protocol to network level, unifying the ecosystem’s liquidity and increasing efficiency.
Because Berachain is built under the EVM standard, any EVM projects can easily migrate to the network and capitalize on this innovative setup.
Beyond technical implementations, Berachain has had a strong community from its days as an NFT project before it shifted to a layer 1. It also has backing from top industry VCs such as Polychain Capital, Tribe Capital, and Samsung Next.
Berachain currently trades at $7.53 with a $809 million market cap and a $442 million 24-hour trading volume. It has held up well amidst the crash, rising 3% today and down just 7% this week.
Monero
On cryptos holding up well, Monero is showing considerable strength. This project is all about privacy. It’s akin to Bitcoin or a Bitcoin fork but has high scalability with a reported 1,500 transactions per second.
While transparency and auditability are core tenets in the blockchain industry, there are times when privacy is crucial.
For example, suppose you want to send a payment to someone.
If you did that using $BTC, they could trace the transaction and see your wallet’s $BTC balance. Most people wouldn’t feel comfortable with their bank balance on show to anyone they transact with, so why should it be any different for crypto?
Reports show that the lack of privacy in crypto may even be holding back institutional and mainstream adoption.
This is the reason that privacy coins are popular, and it’s why they could have a big future in the crypto industry.
Currently, Monero trades at $211, down 1% today, 9% this week, and 5% this month.
