Cryptocurrency trader and analyst Kevin Svenson is leaning bullish on Bitcoin ( BTC ) amid the flagship digital asset’s rise over the past two weeks. In a new strategy session, Svenson tells his 82,800 YouTube subscribers that Bitcoin is demonstrating strong bullish momentum on the daily time chart. “Bitcoin not giving up any of the pumps. We pump up, we go sideways, we pump up, we go sideways. And now pumping up again. It’s looking really good.” Svenson also says that Bitcoin has confirmed a breakout on the four-hour chart and is poised to go higher based on signals from the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) indicators. The RSI is a momentum oscillator used to determine oversold or overbought conditions, while the MACD is used to determine the direction, momentum and duration of a trend or to identify potential buy and sell signals. “Bitcoin also broke the four-hour RSI resistance. And the MACD on the four-hour has flipped to the bullish side. So there are multiple things leading us to believe that there could be continuation on this move.” Source: Kevin Svenson/YouTube According to the analyst and trader, the breakout could see Bitcoin reach a price of around $100,000. Svenson, however, warns that Bitcoin faces a downside risk and could undergo a correction before proceeding higher. “I don’t want to discount the possibility that Bitcoin after hitting our upside target, you know, maybe there’s some kind of retrace into this zone [below $90,000] before continuation. The market is always crazy, it’s always volatile.” Source: Kevin Svenson/YouTube Bitcoin is trading at $97,067 at time of writing. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Trader Says Bitcoin Looking ‘Really Good,’ Predicts More Upside Amid Two Bullish Signals – But There’s a Catch appeared first on The Daily Hodl .
A publicly-traded logistics firm has struck a $20 million deal with an institutional investor to purchase Official Trump memecoins, becoming one of the first companies to anchor its digital asset strategy around the U.S. president’s controversial crypto business. Freight Technologies CEO Javier Selgas pitched the move as part of an effort to grow U.S.-Mexico commerce—though how a memecoin fits into supply chains remains unclear. The investment also comes as the U.S. Office of Government Ethics examines whether President Donald Trump violates federal ethics rules by offering exclusive access to his coin’s top investors. What Is Fr8Tech? Freight Technologies, which refers to itself as Fr8Tech, is a Houston-based company launched in 2015 and trades on NASDAQ. The company aims to use new technologies like artificial intelligence for the optimization of the supply chain processes. The company’s stock, which trades on the Nasdaq under the ticker FRGT, saw its price plummet back in 2018, during Trump’s first term. Like many other companies , Freight Technologies is now moving forward with a digital asset reserve, deviating from the norm of making Bitcoin ( BTC ) the primary asset and embracing a memecoin instead. Social media influence and crypto commentator Mario Nawfal called it the “first-ever” Trump treasury. No major headlines yet, but $FRGT’s move to back a treasury with $TRUMP is catching CT’s eye—social buzz around $TRUMP is strong, even while the token’s price action is cooling and trading shows short-term downside risk. $FRGT is still under the radar, with little volume or data… — Alva (@AlvaApp) April 30, 2025 Costly gimmick? On April 30, Freight Technologies announced the creation of a crypto treasury. The company agreed to issue convertible notes worth up to $20 million with an institutional investor. The capital is secured exclusively for buying Official Trump ( TRUMP ) tokens. The first tranche will amount to $1 million. Selgas, in a prepared statement, referenced Trump’s “America First” principle and tied it to trade efforts between Mexico and the U.S. See below: At the heart of Fr8Tech’s mission is the promotion of productive and active commerce between the United States and Mexico. Mexico is the United States’ top goods trading partner, with Mexico being the leading destination for US exports and the top source for US imports. As US Treasury Secretary Scott Bessent recently stated, “I wish to be clear: America First does not mean America alone. To the contrary, it is a call for deeper collaboration and mutual respect among trade partners.” Buying TRUMP is outlined as “an effective way to advocate for fair, balanced, and free trade between Mexico and the U.S..” Still, the company doesn’t elaborate on how a Trump memecoin acquisition will help trade between the two countries or warn readers about the possible risks. After all, the Trump token — like most memecoins — is highly volatile. Although its price has been up roughly 2% in the past 24 hours, it’s been on a downward trajectory since its launch in January. Source: CoinGecko Trump memecoin a strange choice As corporate crypto treasuries become trendy, big-name firms like BlackRock recommend allocating up to 2% of corporate assets in Bitcoin. They argue that BTC is a better store of value than most other digital assets. According to the Bitcoin Treasuries website, 101 public companies hold Bitcoin. Considering Bitcoin’s deflationary design and long-term value appreciation, which have been demonstrated throughout its 15-year history, it’s understandable why some companies may choose Bitcoin as one of their corporate assets. So far, Official Trump has no use case other than incentivizing investors to buy more to be invited to a private dinner with Trump on May 22. $TRUMP saw its value spike over 50% following the promotion. Critics also warn that the “pay to play” aspect of Official Trump raises ethics concerns and could even be used as a bribery tool. “Something that hasn’t been much discussed — creating a bunch of personal memecoins opens the door to secretive foreign buyers trying to curry influence with our leaders,” Nic Carter of Castle Island Ventures said on X back in January. “If you hated Hunter Biden’s anonymous art sales, you should hate this too.” Something that hasn’t been much discussed – creating a bunch of personal memecoins opens the door to secretive foreign buyers trying to curry influence with our leaders. If you hated hunter biden’s anonymous art sales, you should hate this too. — nic carter (@nic__carter) January 20, 2025 Last month, Democratic Senators Adam Schiff and Elizabeth Warren called for a federal ethics investigation into Trump’s promotion of the coin. In a letter to the U.S. Office of Government Ethics, the senators allege that Trump may have violated federal ethics rules by offering access to his administration in exchange for financial investment. Freight Technologies has not indicated that it seeks access to the White House by holding Trump memecoins. In the days following the company’s announcement, the FRGT stock price grew 111.21% on May 2. The stock closed Friday at $2.08 per share. The Trump memecoin price seems unaffected by the news. You might also like: Trump Family’s dual coin launch draws fire for conflicts of interest and cash grabs Signs of a bubble? Bubbles make sense when they burst, so it’s premature to state that corporate crypto treasuries are the bubble. However, some observers feel that a sudden spike of interest in crypto among public companies draws comparisons with the dot-com bubble. Worth reminding the only *real* public companies that have adopted bitcoin as a corporate treasury are $TSLA , $COIN and $XYZ Everybody else sits somewhere on the spectrum between Charles Ponzi and https://t.co/3CghbTay3b — Pledditor (@Pledditor) May 2, 2025 If we look closely, we will see that it’s early to speak about a strong trend or any notable crypto fever among public companies. As more companies acquire Bitcoin, most are relatively small companies that spend humble amounts on it. Strategy, a company holding over 500,000 bitcoins, started to accumulate BTC in 2020. Tesla made a Bitcoin investment in 2021, driving the asset’s price. Strategy became the dominant Bitcoin buyer among public companies. The rest of the public companies hold smaller BTC bags—no need to panic. As for the Fr8Tech news, the company currently has the financing “earmarked” for purchasing Official Trump, so we’ll see what happens when the purchase is officially made. Read more: More and more companies choose Bitcoin as the prime asset for corporate reserves
XRP breakout is masked by its tight trading trend around $2.2 price mark
The Australian government is cracking down on dormant crypto exchanges, asking inactive exchanges to delist, to crack down on crypto scams and money laundering, because scammers could exploit dormant listings. The Australian regulator responsible for such oversight is the Australian Transaction Reports and Analysis Centre (AUSTRAC). Many registered Digital Currency Exchanges (DCEs) appear to be inactive. AUSTRAC has warned the inactive exchanges to either update their details or be removed from the list. AUSTRAC announced the plan on its government website, stating that many DCEs were inactive out of the 427 registered businesses. AUSTRAC offered them the opportunity to withdraw or face cancellation voluntarily. They reasoned that scammers could use inactive DCEs to commit crimes such as money laundering. They further warned that DCEs must remain up-to-date in their registration process. AUSTRAC then promised that a public list of registered DCEs would be created to help consumers avoid scams. Brendan Thomas, CEO of AUSTRAC, pointed out that businesses must update their details as part of the registration process. He warned DCEs that if they didn’t update their details, they would face cancellation. He said that consumer confidence was very important and that he was trying to prevent people from improperly selling or using DCEs. He said that there were good enough grounds to cancel a registration if the business showed signs of not operating. AUSTRAC is responsible for analysing business intelligence so that scammers are less prevalent in Australia. The agency believes digital assets are a high-risk market and, therefore, focuses a lot of attention on them. AUSTRAC has identified what it thinks is a risk of inactive DCEs being exploited by criminals. AUSTRAC has noticed an alarming increase in crypto scams, prompting more actions to prevent a disaster from happening. Australian businesses that wish to provide conversions between cash and crypto must register with AUSTRAC. The agency monitors these DCEs to detect money laundering, tax evasion, and terror financing. AUSTRAC can delist any of these businesses if a problem is identified. The announcement suggests that AUSTRAC is taking preventative measures before a crime occurs. Inactive DCEs could be exploited by scammers, pretending that the registered business belongs to them, when it is inactive. AUSTRAC has deregistered 10 firms since 2019, including FTX Express in June 2024. AUSTRAC’s current announcement extends previous actions, such as the February 2025 crackdown on rogue crypto firms, which involved actions against 13 financial institutions and an investigation of over 50 crypto businesses. The crackdown targeted businesses that were underreported or didn’t report their activities. AUSTRAC would decide which businesses needed further legal action. An example of under-reporting could include companies that observe suspicious transactions but don’t pass on the information to AUSTRAC.
The post Coinbase to Delist Five Tokens Amid Token Upgrades – See If You’re Holding Any! appeared first on Coinpedia Fintech News Coinbase, one of the most trusted and regulated crypto exchanges in the world, has announced it will suspend trading for five tokens, including Galxe (GAL), Litentry (LIT), Mines of Dalarnia (DAR), Orion Protocol (ORN), and PARSIQ (PRQ). The trading halt will officially begin on May 16, 2025, at around 2 PM ET across all Coinbase platforms, Coinbase.com, Coinbase Exchange, and Coinbase Prime. Why These Tokens Are Being Delisted According to Coinbase , this decision isn’t about poor performance or security issues. Instead, it has to do with token versions. Each of these projects, GAL, LIT, DAR, ORN, and PRQ, has released new versions of their tokens. That means the original versions listed on Coinbase are now considered outdated and no longer meet the platform’s listing standards. Coinbase cares a lot about keeping things safe, reliable, and clear for its users. When tokens go through major upgrades or migrate to new contracts, the old ones can cause problems or stop working well. That’s why Coinbase is removing these older tokens from trading. Trading Already in Limit-Only Mode To ease the transition, Coinbase has already moved all five token pairs to limit-only mode. This means users can still place or cancel limit orders, and trades may happen, but no market orders or advanced trading types are currently supported. It’s a heads-up to the community, get your affairs in order before full suspension takes effect. What Happens to Users Holding These Tokens? If you hold any of these tokens on Coinbase, it’s time to act. You might want to withdraw your holdings or convert them before May 16. After the suspension, your ability to trade them will be gone, at least on Coinbase.
North Carolina’s House of Representatives passed a bill that allows the state treasurer to invest in cryptocurrencies. The bill was approved with a 71 to 44 vote. This result places North Carolina second to Arizona in fully approving a crypto law. The states in America are currently voting on whether public funds should be allocated to crypto reserves. Having passed the House in North Carolina, the bill will now move to the Senate for another vote. The House passed the Digital Assets Investment Act, also called House Bill 92. The bill allows for up to 5% of public funds. The allocation further requires that a third party ascertains whether the investment meets standards regarding secure custody, risk assessment, and regulatory compliance. The House also passed the State Investment Modernization Act, House Bill 506, with a vote of 110 to 3. The bill proposes a new North Carolina Investment Authority (NCIA) to take over the treasury’s responsibilities. The NCIA would decide which crypto investments to make, given that the third-party regulator approves. House Bill 92, however, was initially capped at 10% investment for cryptocurrency. The current amendment of the bill has cut that allocation in half. Many politicians who oppose the bill suggest that the allocation will gamble away the state retirement funds. It has been suggested that legislators invest their money in crypto and leave taxpayers to make their own investment decisions. At one stage during the debate, Democrat Marcia Morey held up a printed picture of a Bored Ape NFT that Justin Bieber bought for $1.3 million, which inevitably lost 95% of its value. It was made clear that many risks inherent to digital assets should be considered. However, despite these elaborate protestations, the House passed the bill, albeit with safeguards limiting the amount of risk exposure to public funds. State workers, moreover, raised complaints about the crypto investments, such as Flint Benson from the State Employees of North Carolina, who objected that Bitcoin’s volatility could put state pensions at risk. This seemed to be the main issue that concerned dissenters in the debate, that crypto could be an insecure and risky bet of public funds. The House Bill 92, therefore, introduced many safeguards to assure the public that the state government was not taking unnecessary risks. Some examples of safeguards, contained in the bill, include the requirement of monthly independent audits and a two-thirds majority to decide emergency spending of the reserves. Arizona, meanwhile, is the leader in the race to pass new crypto laws regarding reserve treasuries. However, Arizona has passed a bill that allows up to 10% of public funds to be allocated to crypto investments, which is quite a hefty investment for a state treasury. North Carolina still requires a Senate vote to pass the new laws. The latest development of crypto treasuries could affect the underfunded public pension system, which is facing its problems. Regardless of the outcome, North Carolina has become a leader, next to Arizona, regarding crypto adoption at the state level.
Bitcoin’s momentum is building as institutional investments in BlackRock’s IBIT ETF could propel the cryptocurrency toward six-figure heights. With nearly $4 billion flowing into IBIT since late April, the market
What are the various methods for launching crypto tokens? Launching a new token is a critical step for any blockchain project. Token launches enable projects to offer their native assets to early users, investors or supporters while securing capital or encouraging community growth. From initial coin offerings (ICOs) to fair launches and airdrops , each approach carries different levels of transparency, accessibility and risk. Since projects differ in their goals and target communities, several token launch models have evolved over time. Some focus on decentralization and wide community offering, while others aim for optimized fundraising or targeted allocation. Elements such as market swings, bot interference and regulatory pressures influence how tokens are brought to the market. The sealed-bid token launch is a growing trend in this crypto fundraising landscape. Unlike public presales or airdrops, where participants see pricing or allocation terms in advance, sealed-bid models keep each bid confidential until the process ends. This approach is increasingly favored for enabling better price discovery, limiting front-running and curbing manipulation , especially for in-demand tokens. Did you know? Sealed-bid auctions are a crypto twist on traditional finance. They have been used for government bond sales and initial public offerings (IPOs). Now they are redefining token launches by hiding bidder-related information and transparency. Sealed-bid token launch, explained A sealed-bid token launch is a method of distributing cryptocurrency tokens where participants submit private bids without knowing what others are offering. This approach, derived from traditional sealed-bid auctions, involves participants offering secret bids, and the highest bidder typically wins. Auction systems, such as sealed-bid launches, are increasingly built on blockchain platforms like Ethereum, using privacy-enhancing technologies such as Zama’s fhEVM (fully homomorphic Ethereum Virtual Machine) to ensure confidentiality and fairness. Unlike open auctions, where public visibility can escalate prices through bidding wars, sealed-bid formats prevent strategic bidding based on competitors’ actions. In crypto, a sealed-bid token launch leads to fair and transparent token allocation, minimizing price manipulation and front-running. Systems enforce a single bid per participant by leveraging cryptographic techniques like commitments and smart contract logic to prevent multiple bids and enforce payment obligations. Each participant specifies desired token quantities and prices. After the bidding window closes, bids are revealed and assessed using predefined rules, like clearing prices or allocation tiers. This method often reduces bot interference and promotes equitable access during high-demand launches. A key feature of a sealed-bid token launch is its “one-shot” bidding process. Bidders cannot revise their offers or view others’ bids beforehand, which sets up a level playing field. However, it also brings in strategic uncertainty, as participants must estimate optimal bids without cues about other bids. In April 2024, Conor McGregor fundraised for his memecoin REAL using a sealed-bid launch. The mixed martial arts icon introduced the fundraising through a sealed-bid token auction to prevent bots and snipers from manipulating the sale. The project hoped to promote transparency and integrity in a space often plagued by front-running and rug pulls . While the project didn’t disclose token lock-up details, the sealed-bid format and focus on long-term engagement suggest a strategic attempt to execute a transparent and more community-driven launch. How do sealed-bid token launches work? Sealed-bid token launches follow a structured process that minimizes the chances of manipulation and ensures transparency. Here is how the process usually unfolds: Step 1 (Project announcement): The crypto project typically announces the sealed-bid token sale through its official website, social media channels like X, or platforms like Binance Launchpad. It outlines details such as the number of tokens available, bidding timeline, minimum and maximum bid limits, and the process of token allocation. Step 2 (Private bid submission): Participants submit bids to an auctioneer on the platform by providing secret bids before a deadline. Each bid includes the desired token quantity and the offered price. Participants cannot view other bids, ensuring privacy and reducing strategic manipulation. Step 3 (Bid locking): Once submitted, all bids are locked. This prevents users from changing or withdrawing their bids, reinforcing transparency. Step 4 (Token allocation): Post deadline, the smart contract processes all bids. Tokens are distributed either to the highest bidders or through a pricing model like a clearing price or a tiered allocation. Lower bids may receive a partial allocation or a refund. In McGregor’s fundraising, participants submitted private bids in USDC ( USDC ) during a limited 28-hour window without knowing what others were offering. Once the auction closed, bids were ranked, and tokens were allocated to the highest bidders until the supply ran out. Such auction systems function on a smart contract that ranks all offers, calculates the cutoff price, and allocates tokens to qualifying bidders. Excess funds are refunded automatically. This onchain process eliminates the need for intermediaries, offering immutability and trustless execution. Advantages of sealed-bid token launches Sealed-bid token launches offer an alternative to other models of token sales. This format has gained popularity in crypto, thanks to its potential to create more balanced token distribution and pricing. Transparency: While individual bids remain hidden during the process, all bids and allocations are revealed after the deadline via smart contracts. This ensures onchain verifiability and trust. Reduces gas wars and front-running: Unlike first-come-first-served launches where users race to submit transactions, sealed bids are submitted over a set period. It reduces congestion and the risk of bots exploiting faster access. Encourages fairer price discovery: Since bids are placed without seeing other offers, participants bid based on perceived token value. This mechanism leads to a more organic price that reflects market demand rather than hype or manipulation. Minimizes whale dominance: Sealed bids make it harder for large players to take tokens by simply outbidding small participants in real-time. Prevents manipulation: By removing live price visibility, sealed-bid launches reduce the chances of orchestrated pump-and-dump behavior . It discourages collusion of bidders or biased decisions on the part of the project. Did you know? Sealed-bid launches may evolve with decentralized identity tools. A world might emerge where only verified wallets can bid — combining privacy , fairness and compliance in one go. Risks and limitations of sealed-bid tokens Although sealed-bid token launches introduce a range of benefits, they also entail various risks and compromises. These issues can affect both project teams and participants: Opacity at the initial stage: Since bids remain confidential until the sale concludes, some users might feel lost, unaware of what other people are bidding. Complexity: Sealed-bid auctions can be complex and less transparent to average investors. This complexity may deter participation, especially from those unfamiliar with such mechanisms. Less suitable for small-cap projects: Small-cap projects generally lack an established community. Moreover, small-cap projects rely on viral marketing and word-of-mouth to gain traction, but the closed environment of sealed-bid auctions can dampen momentum. Blockchain-specific risks: As the whole process is executed onchain by a smart contract, blockchain-specific risks such as malfunctioning code and an attacker breaching the network are always present. Risk of underfunding: If the project doesn’t attract enough competitive bids, which is common with lesser-known tokens, it may fall short of funding goals. McGregor’s REAL could raise only 39% of its target. The REAL memecoin, backed by McGregor and launched through a sealed-bid auction, failed to meet its fundraising target, securing only $392,315 — approximately 39% of its $1.008 million goal. Several external factors played a significant role in this outcome. Several external factors contributed significantly to this outcome. Chief among them was the broader downturn in the cryptocurrency market, which coincided with the token’s launch and led to a generally risk-averse investment environment. This was compounded by growing skepticism toward memecoins, as investors became increasingly wary following a series of high-profile scams and failed projects in the space. The celebrity endorsement, while attention-grabbing, may have also backfired — many investors viewed McGregor’s involvement as superficial and questioned the project’s long-term credibility. Additionally, the token’s design raised red flags, particularly its 12-hour unlock window, which resembled patterns seen in pump-and-dump schemes. A lack of transparent communication and insufficient community engagement further weakened investor confidence. While the sealed-bid auction format is designed to ensure fairness and reduce manipulation, its complexity may have posed a barrier to broader participation, particularly among retail investors unfamiliar with the mechanism. Use cases of sealed-bid tokens in crypto and future potential Sealed-bid token launches offer a unique approach to fair token distribution. These launches are gaining attention as an alternative to traditional public sales or airdrops. Their design ensures privacy and minimizes manipulation during high-demand token sales. Here are some prominent use cases of sealed-bid tokens in crypto that reflect their future potential: DAO fundraising and decentralized launchpads: Sealed bids can enhance transparency in fundraising campaigns by decentralized autonomous organizations (DAOs) , thus boosting their credibility. The sealed-bid format reduces front-running and increases trust. Future decentralized launchpads may adopt similar systems to build credibility and avoid hype-driven token launches. KYC and identity integration: As compliance becomes more critical, sealed-bid systems could integrate with Know Your Customer (KYC) or digital identity verification layers. This would allow only verified participants to bid, reducing Sybil attacks and increasing regulatory confidence. Such integration could attract institutional investors and expand access to compliant, fair token sales. Effective for scarce supply tokens: Sealed-bid auctions are most effective when distributing tokens with limited supply . By hiding bid amounts until the auction ends, this method encourages genuine price discovery and prevents bots or whales from dominating the sale. As the crypto space matures, sealed-bid launches may become a standard for transparent and inclusive fundraising.
Bitcoin has emerged as the market’s top hedge option against rising geopolitical uncertainty and cross-border tensions. The institutional adoption of $BTC has increased during the last couple of months. Sergej Kunz, founder of 1inch (exchange aggregator), said that retailers might not have much time to accumulate the digital asset. As per Kunz, every retailer should plan to own at least one Bitcoin right now. In the near future, retailers might not be able to afford the asset as institutional buying pressure may propel the prices beyond $200K. Keep reading to find out more about the upcoming rally in ‘digital gold.’ We’ll also suggest the best altcoins you can add to your portfolio for massive gains. The Race Towards ‘Bitcoinization’ Ever since Trump announced the formation of a US Bitcoin reserve, there has been a race among countries to hoard the asset. During April 21-25, more than $3B were invested in Bitcoin ETFs. As of May 1, these ETFs and institutional funds hold more than $128B worth of $BTC. Countries like the UK, the US, and China hold more than $130B worth of the asset. Other countries like Ukraine, Bhutan, and El Salvador also own a sizable chunk of $BTC. Institutions like Strategy own around 538,200 Bitcoins, buying more than 4.5 times the amount of $BTC being mined every day. Analysts believe that such heavy institutional buying can propel Bitcoin’s price to a whopping $1M. Bitcoin is being increasingly viewed as a safe haven in times of uncertainty, similar to how gold is viewed. Currently trading around $97K , $BTC is nearing the $100K mark and may soon break its all-time high of around $109K. With the price still ripe, this is the best time to buy Bitcoin. However, there’s no arguing that it’s really expensive. If you’re looking to make the most of Bitcoin’s bull run but without burning a hole in your pocket, here are three tokens worth buying. 1. BTC Bull Token ($BTCBULL) – Best Altcoin to Buy Now, Get Free $BTC If you want to follow the footprints of large institutions and ride Bitcoin’s upcoming rally, BTC Bull Token ($BTCBULL) is possibly the best crypto to buy now . It’s unlike any other Bitcoin-themed meme coin on the market, seeing as it’s the only one that gives $BTC in its airdrops to its token holder. Essentially, every time Bitcoin crosses a brand-new milestone, such as $150K, $200K, and $250K, $BTCBULL holders who have stored their cryptos in Best Wallet will receive free (and real) $BTC. Another reason we’ve predicted $BTCBULL to jump nearly 400% by the end of 2026 is its deflationary mechanism. Simply put, the developers will burn a part of the token supply every time $BTC’s price rises by $25K. As the amount of $BTCBULL tokens in circulation will keep decreasing, it will increase the token’s demand and price. If you’re a Bitcoin maximalist, this is the best time to buy into the BTC Bull Token presale , which has raised over $5.2M so far. That’s because each token is available for a low price of $0.002495. Here’s how to buy it . 2. MIND of Pepe ($MIND) – Top AI Agent Coin on the Market Today A Bitcoin bull run is likely going to result in increased market penetration for crypto assets as a whole. That means more and more people will be owning cryptocurrencies. However, with education in the industry running thin, you’d need a token like MIND of Pepe ($MIND) that can point you towards the best cryptos to invest in . At its heart, $MIND is an AI agent designed to study social trends and community sentiment to identify cryptos that could be the next to explode. However, we’d like you to think of $MIND as your own crypto investment buddy. This autonomous AI system, which is launching on May 10 , by the way, will interact with crypto influencers online, read their biases and insights into crypto, and finally use its hive-mind intelligence to find out which tokens are in a pole position to skyrocket on account of the attention they’ve been getting from the market participants. What’s more, MIND of Pepe will also be launching its own tokens as it develops further. Access to these, too, will be reserved for $MIND holders. If you want to benefit from $MIND’s revolutionary powers, become an early investor in the project. It’s currently in presale ($8.6M+ raised), and each token is selling for just $0.0037515. Check out our guide on how to buy MIND of Pepe for more info. 3. Turbo ($TURBO) – Trending Meme Coin Created by GPT-4 Turbo ($TURBO) has been one of the most successful meme coins in recent times. Even though $TURBO launched in 2023, it didn’t gain much attention until June 2024. After a ferocious rally that lasted till January, the token saw a steep decline. Now, however, it’s one of the top trending cryptos . $TURBO is up over 200% in the last month and a total of 860% in the last year. Moreover, with a current price of just $0.005199 , $TURBO could be a great purchase if you want to ride the Bitcoin-led crypto wave. It’s worth noting that $TURBO is considered the first meme coin to be completely created by AI (GPT-4, to be precise). Similar to the best meme coins , $TURBO, too, runs on community hype and virality. DYOR Before Buying the Best Altcoins Despite Bitcoin’s potential to send the crypto market in an upward spiral, let’s not forget just how volatile the instrument can be. It also means that your investments in crypto aren’t guaranteed to fetch you the desired returns if market conditions aren’t favorable. We suggest investing only a small amount and always doing your own research before diving into crypto. Please note that our articles aren’t financial advice.
In a significant move within the cryptocurrency market, a prominent whale address has recently withdrawn 20.69 bitcoins, equivalent to nearly $1.99 million, from Binance, as reported by COINOTAG on May