Major cryptocurrencies such as Bitcoin and Ethereum have started the week with a nothing burger – prices are flat.
However, investors are scrambling to buy new cryptocurrencies, with some of the most popular ones seeing big capital inflows. It appears that smart traders are positioning in new cryptocurrencies now ahead of the market’s next leg up, which is expected to happen soon.
With that in mind, here are the three trending new crypto to buy now:
Solaxy
Solaxy is a new project that promises to unlock the full power of Solana through its first-ever layer 2 blockchain. Right now, Solana is one of the hottest blockchains in crypto, with millions of daily active users and billions of dollars in daily trading volume. But it’s not without issues.
The network’s substantial adoption leads to congestion during times of peak activity, causing longer wait times and transaction failures. This is the issue that Solaxy is solving this issue.
Its layer 2 will resolve some of Solana’s workload, using transaction bundling technology and off-chain computation to make transactions cheaper, faster, and more reliable.
Not only is Solaxy solving Solana’s most pressing issue, but it’s doubling down on Solana’s strengths, too.
The project is undergoing a presale and has raised $26.8 million so far.
Given its current early stage and powerful use case, it’s clear that this could perform well in the months ahead.
BTC Bull Token
BTC Bull Token is a trending meme coin on the Ethereum blockchain. However, it isn’t just here to make people laugh – its goal is to increase Bitcoin ownership among people daily.
The project will airdrop Bitcoin and $BTCBULL rewards to holders at key milestones as Bitcoin ventures toward $1 million, starting when it hits $150K.
By underpinning the viral meme coin model with recurring rewards, BTC Bull Token separates itself from its peers.
It also has staking and burning mechanisms that aid in its supply and demand dynamics, incentivizing investors to buy and hold long-term.
BTC Bull Token is available to buy in its presale, which has raised $3.7 million so far.
In bullish periods, meme coins tend to provide substantial returns. As the next rally gets underway, there’s every chance that meme coin fans will be queuing up to buy $BTCBULL, given its focus on community rewards.
Best Wallet Token
Best Wallet token is the new crypto that powers Best Wallet, a new Web3 wallet app that changes how users interact with blockchains.
Its offerings go well beyond those of MetaMask or Trust Wallet, starting with support for over 60 blockchains. It supports chains including Bitcoin, Ethereum, Solana, Cardano, and even XRP. For the first time, users can access all these ecosystems from one app.
Beyond that, it boasts many innovative features, including a crypto debit card, a staking aggregator, a presale aggregator, a cross-chain DEX, and much more.
Users can get even more from the wallet by holding $BEST, which offers governance rights, access to promotions on partner projects, higher staking yields, and trading fee discounts.
The presale is ongoing and has raised $11.1 million so far.
With a use case that disrupts the multi-billion dollar crypto wallet industry, coupled with innate token utility, the token is set for significant gains once it lists on exchanges.
