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Breaking News: Fed Lowers Rates By 25bps: How Bitcoin And Crypto Prices Responded And What's Next
Arbitrum Helps Tether Overcome Interoperability Challenges – New Coins, New Horizons

Arbitrum Helps Tether Overcome Challenges – Next Big Crypto Coins, New Horizons

Bitcoinist
by Bitcoinist
7 months ago
·
Posted in Altcoin News, Crypto News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

As $USDT struggles to comply with the EU’s Markets in Crypto Asset (MiCA) regulations, Arbitrum helps Tether by providing it with infrastructure to link its new stablecoin $USDT0 to its network, alongside Ethereum, Tron, and Ton. 

$USDT0 is Tether’s new stablecoin, strategically designed to address $USDT’s efficiency and interoperability challenges across chains.

Tying the four blockchain networks together through $USDT0 is nothing to be sneered at. It’ll bring $138B of Tether together, plus lower fees and deeper liquidity pools is incredibly bullish for the ecosystem

Several emerging blockchains (including Berachain, Ink, and MegaETH) already support $USDT0, signaling a positive outlook for Tether amidst the troublesome MiCA restrictions. 

When taking this into account, it appears crypto is more stubborn – and boundless – than one might have initially imagined. In light of Tether’s positive developments, traders are looking for the next big crypto coins, and the likes of $BTCBULL and $BEST are attracting a lot of whales and small buyers alike.

1. Bitcoin Bull ($BTCBULL) – The First ERC-20 Token to Airdrop Real Bitcoin

The aptly named meme coin Bitcoin Bull ($BTCBULL) is the first ever Ethereum-based token to dish out real $BTC to its token holders. There’s a good reason it’s #1 on our next big crypto coin list.

Every time Bitcoin breaks records (think $150K, $200K, $250K), $BTCBULL holders can snag free $BTC. It’s like we’re back to the days of BTC faucets!

The largest airdrop will occur when Bitcoin, the crypto king himself, hits $250K. When doing so, both $BTC and $BTCBULL will be willingly dished out. For eligibility, all you need to do is download the Best Wallet app. 

Passive income can also be earned by staking $BTCBULL, which currently has a hefty 61% APY. And sizable 10% of the project’s total token supply is set aside for such rewards, making it a great choice for those who like to sit back and let the crypto work for them.

Bitcoin Bull tokenomics
Source: Bitcoin Bull

Given Bitcoin bull runs aren’t out of the ordinary, as evidenced by $BTC jumping by ~100% compared to last year, winning free $BTC and $BTCBULL isn’t out of reach. It’s a distinct possibility, that’s for sure.

Getting involved is simple. Download Best Wallet, connect it to the Bitcoin Bull presale website, and buy $BTCBULL right now for just $0.002355. 

2. Best Wallet ($BEST) –  World’s First Crypto Wallet to Feature Presale Tokens

$BEST is the native token of Best Wallet, your entry point to winning free $BTC through the Bitcoin Bull presale, and much more. 

Best Wallet spotlights many leading presales beyond the Bitcoin Bull token, including Solaxy ($SOLX) and MIND of Pepe ($MIND). In fact, it’s the only crypto wallet to feature presale coins, enabling users to buy low-cap coins ahead of attracting mainstream attention.

It also has much to look forward to in the near future, such as the launch of its very own crypto card, Best Card, and the support of over 60 blockchain networks soon. 

Ultimately, each of its developments – new and upcoming – helps its goal to broaden DeFi access worldwide. 

To maximize the platform’s benefits, you can buy $BEST for $0.02395. Then, enjoy lower transaction fees, community governance, and greater staking rewards (currently at a 174% APY). 

Best Wallet token benefits
Source: Best Wallet

3. Meme Index ($MEMEX) – Four Novel Meme Token Indexes to Cater to All Trader Types

Meme Index ($MEMEX) is another meme coin presale poised for significant gains. The token’s behind the development of the world’s first decentralized meme token indexes. And with ETFs being so popular in TradFI, why shouldn’t crypto follow suit?

The Meme Index ecosystem is getting set to launch a trifecta of meme coin indexes, each of which caters to traders with contrasting risk profiles:

  • Meme Titan Index: Spotlights the most established meme coins in the top eight. Because their success is already apparent, they’re less risky than the rest.
  • Meme Moonshot Index: Highlights meme coins vying for a space in the top eight with large followings, so it’s a little riskier than the former.
  • Meme Midcap Index: Features mid-tier meme coins, anticipated to either jump or fall, making it a bold venture, even for crypto standards.
  • Meme Frenzy Index: Shines a light on the next big crypto with the utmost risk profile, the ones degen whales might go for. They’ll offer moonshot returns, but only if they come out on top (and vice-versa).

Beyond being the entry point to these meme baskets, $MEMEX is also a governance token. Holders can vote on their favorite meme coins to be mentioned in the Meme Frenzy Index, as well as other upcoming baskets, whose details remain scarce. 

$MEMEX holders can also hold their tokens to enjoy 639% staking rewards, of which 25% of its total token supply is set aside. 

To reap the benefits, buy $MEMEX on presale for just $0.0160993. Considering its price is anticipated to reach $0.074 before this year’s end, now could be an opportune time to get involved. 

4. Ronin ($RON) – Cheaper Transactions on Gaming Blockchain With 1.17M Weekly Users

$RON is another crypto not to be ignored, up by 15.16% since yesterday.

The coin’s $1.15 price tag exceeds that of its counterparts mentioned above. However, unlike $BTCBULL, $BEST, and $MEMEX, it’s already been listed on major exchanges, boosting its credibility. (They, too, might achieve the $1 goal after exchange listings.) 

$RON also has unique utility. Its distinctive mark, however, includes being the backbone of Ronin, a popular Web3 gaming platform with an impressive 1.17M weekly active users. 

Ronin is best known for supercharging the Axie Infinity system, a blockchain-based game that revolves around NFT creatures called ‘Axies,’ which can be bought, sold, and traded. 

Considering the play-to-earn market is projected to grow at a CAGR of 21.3% from 2024 to 2032, the Ronin ecosystem shows no signs of dwindling, making $RON a promising investment opportunity. 

Play-to-earn market size
Source: Business Research Insights

$RON further points to prosperous times for Ronin. It facilitates cheaper and faster transactions than the Ethereum mainnet, supports the blockchain games’ growth, and acts as a governance token. Hence, Ronin’s developments never stand still. 

Verdict – Arbitrum Helps Tether, New Cryptos Stand Tall

As Arbitrum helps Tether overcome interoperability issues, it highlights how hot new coins can expand crypto possibilities – even amid regulatory hurdles. 

But $USDT0 isn’t the only token that spotlights how boundless the crypto ecosystem can be. Presale coins and evolving ones like $BTCBULL, $BEST, $MEMEX, and $RON each bring something new to the table.

Ultimately, the crypto world is rife with projects on a mission to boost the user experience with practical use cases, and the ones highlighted in our top list stand tall.  

But this is not investment advice. Never invest more than you’d be sad to lose, and always do your due diligence before spending your capital. Crypto can take a steep tumble as quickly as it jumps!

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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