Trump’s pro-crypto policies are causing a surge in crypto investment. This new wave of support is making investors wonder which cryptos are the best buys right now.
Big Companies are Jumping In
The trend started with companies like MicroStrategy, which now holds over 538,000 Bitcoins, worth over $50 billion! This massive investment has attracted other businesses. For example, Twenty One Capital is planning a $3.6 billion Bitcoin acquisition. This move, announced by the son of Trump’s new Secretary of Commerce, sent related stocks soaring. Other companies like Ripple and Kraken are also making big moves in the crypto space, acquiring companies to better serve institutional investors. Even a meeting between Trump’s World Liberty Financial (WLFI) and Binance’s CEO shows the growing acceptance of crypto. WLFI is even working with Pakistan to promote crypto adoption.
Three Promising Altcoins
This increased interest in Bitcoin is also boosting other cryptocurrencies. Here are three altcoins showing strong potential:
1. Solaxy ($SOLX): Solana’s Upgrade
Solaxy is an upgrade to the Solana blockchain aiming to fix issues like slow transaction speeds and high fees. Its presale has already raised over $32 million, showing strong investor confidence. With a staking pool offering high rewards, it’s attracting a lot of attention.
2. BTC Bull Token ($BTCBULL): A Bitcoin Meme Coin
BTC Bull Token is a meme coin that rewards holders with Bitcoin airdrops as Bitcoin hits price targets. The project is betting big on Bitcoin reaching even higher prices, and its presale has raised over $5 million.
3. Pudgy Penguins ($PENGU): NFTs Turned Meme Coin
Pudgy Penguins started as an NFT collection and has now become a successful meme coin with a merchandise shop. Its recent price surge of 143% shows its potential.
Is Now the Right Time to Buy?
With Bitcoin recovering from recent losses and sitting above $94,000, many believe this is a good time to invest in crypto. However, remember that the market is volatile, so always do your own research before investing. This information is not financial advice.
