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Best Altcoins to Buy as GameStop Investor Suggests a $2.5B Bitcoin Investment

Best Altcoins to Buy as GameStop Investor Suggests a $2.5B Bitcoin Investment

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

We’re already looking for the best altcoins to buy after Vertical Research Advisory partner Kip Herriage pushed for GameStop to pour $2.5B into Bitcoin.

Kip Herriage made his statement on Fox News, where he advised GameStop’s Ryan Cohen to invest at least half of their $5B into Bitcoin:

‘At least $2.5B should go into Bitcoin at this point. The problem that Ryan Cohen has is that he should’ve done these moves a year or two years ago, when Bitcoin was $30K-$40K-$50K.’

This isn’t the first time Kip Herriage has expressed this opinion.

Back in December 2024, he advised Cohen to follow Michael Saylor’s MicroStrategy’s example, which now holds over half a million $BTC.

This news alone should be enough to rally new crypto projects like Solaxy ($SOLX) and Bitcoin Bull Token ($BTCBULL).

GameStop is Brewing Something Big, Potentially Rallying the Best Altcoins to Buy Soon

Rumors about GameStop investing big in Bitcoin have been circulating for a while, with Ryan Cohen ramping up the heat when he announced a $1.3B Bitcoin convertible bond plan.

While the news was positive for the crypto-sphere, GameStop’s stocks crashed by 25%, from close to $29 to just above $21 within a day. The crash was attributed to several factors, including the investors’ distrust with the investment.

GameStop stock crash
Source: Yahoo Finance

Furthermore, Wedbush analyst, Michael Pachter, claimed that GameStop’s Bitcoin investment is unlikely to produce results similar to those seen in MicroStrategy. The reason being the company’s already overvalued stocks:

‘With GameStop already trading at more than 2x its cash holdings, it is unlikely that its conversion of cash into Bitcoin will drive an even greater premium,’ Pachter stated in a note to his clients.

This news came just days after the same GameStop announced adding $BTC as a treasury reserve asset, marking the company’s clearest pro-crypto shift.

That being said, GameStop’s post-Bitcoin performance is inconsequential to the crypto market’s response. Whether the company’s stocks explode or implode, the Bitcoin bull is impervious to damage.

For this reason, we expect the most promising meme coins to make an impact this year. Let’s look at three of the juiciest prospects.

1. Solaxy ($SOLX) Upgrades the Solana Network for Lower Fees

Solaxy ($SOLX) is a Layer 2 upgrade for the Solana ecosystem. The project aims to solve some of the core problems with Solana’s infrastructure, mainly its transaction speed, high fees, network congestion, and failed transactions.

Solaxy presale website

The Solaxy upgrade plans to bundle transactions for infinite scalability, reduce downtime during network crashes, and support seamless chain activity during congestion hours.

Users will also experience lower fees and faster transaction confirmations as the system ticks its roadmap milestones.

$SOLX qualifies as a meme coin with real-world utility, harnessing value from both worlds. The token currently sits at $0.001678, with the presale having accumulated over $28M so far.

Stakers enjoy an APY of 144%, which is bound to drop as more people join the staking pool. If there ever was a coin that could explode in 2025 worth investing in,  Solana’s first L2 is definitely it.

2. Bitcoin Bull Token ($BTCBULL) Offers Holders Long-term Bitcoin Airdrops

Bitcoin Bull Token ($BTCBULL) is currently one of the best altcoins and most intriguing crypto projects around, as it provides investors with Bitcoin airdrops.

The meme coin rests on the idea that Bitcoin will evaluate past the $1M-mark and plans to create hype and rally the community to help with that.

Bitcoin Bull Token presale website

To that end, the project provides investors with multiple benefits, such as Bitcoin airdrops at key $BTC price milestones ($150K, $200K) and a massive $BTCBULL airdrop when $BTC reaches $250K.

You need to keep your $BTCBULL in a Best Wallet account to qualify for the upcoming airdrops.

Based on this, Bitcoin Bull Token is more than a meme project; it actually holds utility as a Bitcoin cheerleader, helping the King coin gain value and grow along with it.

The presale is currently at $4.2M with a token price of $0.002435 and a staking APY of 99%, so if you’re planning to buy $BTCBULL, now’s the time. Our price prediction shows a potential price of $0.00835 by the year’s end (a 243% growth from the current price).

3. Keyboard Cat ($KEYCAT) Offering Juicy ROI with Intense Chart Performance

Keyboard Cat ($KEYCAT) is Charlie Schmidt’s brainchild, based on his beloved cat Fatso, which he recorded ‘playing a piano’ back in 1984.

The meme caught on fast and produced a number of copycats (heh) over the years.

Keyboard Cat ($KEYCAT) website

While it’s purely a meme project, with no real-world utility, Keyboard Cat has endured for decades in the online sphere and more than a year in the crypto market.

Not only that, but its chart performance has been on an overall upward trajectory (15.4% lifetime growth) since the beginning, with several noticeable spikes along the way.

The biggest one was recorded in November, 2024, when $KEYCAT jumped from $0.005094 to $0.0151 for a massive 196% growth.

Another spike is in full effect right now, with the token recording a 38% increase over the past 24 hours.

Will GameStop Rally the Crypto Market?

If Ryan Cohen decides to follow Kip Herriage’s suggestion of a $2.5B (or more) Bitcoin buy, the crypto market as a whole could explode.

GameStop’s interest in Bitcoin is clearly past the talk phase, as the company has taken concrete steps to bring their investment goals to life. This means that we may be closer to a bull run than we think.

So, keep an eye on the best upcoming crypto projects like Solaxy ($SOLX) and Bitcoin Bull Token ($BTCBULL) because good things may be coming.

Don’t forget that this is not financial advice. Take your time to DYOR (Do Your Own Research) before investing and have a solid risk management strategy in place before engaging with the crypto market.

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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