Expert analysts at Bernstein, a top research and brokerage company, believe that the larger crypto market has been set up to leave pure meme coins and back to segments with real utility. These include gaming, Defi and NFTS.
Another interesting prediction of them comes in the form of a target for Bitcoin. They believe that with the new Pro-Crypto Trump administration that insists on a strategic Bitcoin reserve, the price of the OG Cryptocurrency could exceed $ 200k by the end of 2025. $ BTC is currently trading at $ 88,700.
Where is this, and what does it mean for the cryptomarket in general? Let’s unpack the news below.
Insight into the reason behind the shift to Utility -Tokens
The reason for this shift to Utility tokens is easy.
Earlier there was regulatory uncertainty about utility scrytos and NFT projects under the previous SEC chairman Gary Genler. This ‘forced’ the market to invest in ‘useless’ meme coins to bypass action by authorities.
However, with the new pro-Crypto chairman Paul Atkins who is responsible for the SEC, the rules on Crypto will change for the better.
We have already started to see changes. For example, the SEC has almost confirmed the dismissal of his case against Coinbase.
Bernstein analysts believe that this market returns liquidity to Utility tokens, while investors are starting to look for more value instead of pure meme coins. With that in mind, here are the best cryptos with real use to buy now.
1. Solaxy ($ solx) – Top crypto to get if you are looking for tokens with a real utility
Regarding the utility striking, what about one that can overpon the process of a whole blockchain? We’re talking about Solaxy ($ solx).
And the blockchain in question is Solana ($ sol). You could say that it is struggling because of success, since the rising popularity of meme coins on the network has led to an influx of new investors.
Solana could not serve so many transaction requests at the same time, which led to network congestion and slower transit.
$ Solx is a multi-chain token that will reduce the burden of these transactions on Solana. It will do this by carrying out transactions in batches and away from Solana’s main. This will result in faster transit, increased scalability and lower costs.
Even in a relatively slow market, Solaxy’s presale Has gone into force.
At the time of writing it has collected more than $ 23 million and each token is currently available for just $ 0.001646. If this is your first presale purchase, here is a guide for buying $ solx.
2. Best wallet token ($ best) – native crypto of the best crypto wallet
As you may know, the recent Bybit -Hack shock waves sent by the crypto industry.
It forced everyone to reconsider the privacy and security references of Crypto exchanges and portfolios. Enter Best Wallet -The most safe and user-friendly crypto wallet on the market at the moment.
Best wallet brings the power back into your hands through his self -spice system.
This means that you have full control over your stored crypto (in contrast to the custodial portfolios at fairs). In addition, the app also offers 2FA/MFA and external insurance for your crypto funds to protect you against phishing and hacking attacks.
With more than $ 10 million so far, the success of the $ Best Presale is the proof that investors would like to find out projects with a real application. You can become a member of this group of smart investors by only protecting $ 0.024125 per token.
3. Tron ($ TRX) – aims to eliminate intermedians in sharing digital content
Tron is a special blockchain for making decentralized applications.
It came into existence in 2017 when Justin Sun resigned and decided to create something that would enable digital content makers not only to share and distribute their content, but also earn the living.
The main goal of Tron was to eliminate all intermediary streaming platforms. Simply put, viewers would be directly able to pay content makers with $ TRX, the native crypto of the network.
TRON bought Bittorrent in 2018 in an attempt to offer users faster download and upload speeds. For those who are not aware, Bittorrent is one of the best P2P systems for sharing files in the world.
Although $ TRX has not been moved much in recent months, that is probably a good sign. It shows that token is not influenced by market hype and has strong foundations.
Still, with more than 67% profit in the past year and an outbreak above the level of $ 0.24 in the area, $ TRX shows a massive potential.
Bottom Line
These are the best cryptos to watch in the coming months, because the world tends more to tokens with real usefulness.
It is worth noting that, although cryptos such as these are relatively safer than meme coins, there is no investment in the crypto-space immune to the volatility of the market.
That is why you just have to dive with an amount that you don’t mind losing. This article also represents the best of our honest opinions and insights and should not be considered as financial advice. We recommend that you do your own research before you invest.
Credit : www.newsbtc.com
