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Best Altcoins to Explode as Metaplanet Buys 269 $BTC

Best Altcoins to Explode as Metaplanet Buys 269 $BTC

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

Japanese VC firm Metaplanet added another 269.43 Bitcoin ($BTC) to its portfolio, bringing its total worth to $195.4M at the current price.

Metaplanet adopted Michael Saylor’s $BTC-first approach last year and has since become the best-performing company on the Tokyo stock exchange.

Its stock price grew 3,926% YTD–for a record, the second top gainer was Megalo Holdings Inc. with just a 663% increase.

Saylor’s Strategy (formerly MicroStrategy) also added 7.6K $BTC to its stash last week, now worth $46.14B. Both companies rack $BTC Yield as a KPI, which shows how much their per-share $BTC holdings changed over time.

Despite using the same metrics, Metaplanet and Strategy have different ways of funding and generating returns from their investments.

Metaplanet aims to buy 10K $BTC by year-end and primarily relies on the sales of $BTC put options to finance its purchases. Meanwhile, Strategy simply holds $BTC as a treasury asset and uses corporate debt to expand its holdings.

The bottom line is that more companies are recognizing the potential of $BTC as an inflation hedge and treasury asset. Strategy and Metaplanet could inspire others to follow the $BTC-first, $BTC-only path.

We hand-picked the four best altcoins to benefit from the growing institutional adoption of crypto.

1. BTC Bull Token ($BTCBULL) Aidrops Free $BTC to Its Holders

$BTC maximalists don’t usually take meme coins seriously, but BTC Bull Token ($BTCBULL) is different. It’s the only meme coin that rewards you with $BTC airdrops.

To earn free $BTC, you must buy $BTCBULL and hold it in Best Wallet. When $BTC hits $150K and $200K, BTC Bull Token will deposit $BTC directly to your account to celebrate the new price record.

On top of that, the project plans a massive $BTCBULL airdrop for when $BTC reaches $250K. By that time, the token will have matured and, hopefully, gained mainstream adoption, so its value is likely to be substantially higher than now.

A deflationary tokenomics model also contributes to $BTCBULL price stability. When $BTC reaches the $125K, $175K, and $225K price milestones, BTC Bull Token will permanently remove a percentage of the total token supply from circulation to create scarcity and boost the value of remaining coins.

BTC Bull token presale

$BTCBULL presale kicked off last week and raised nearly $2M. One token now costs $0.00237–this is the lowest entry point into the project. First adopters also enjoy a 210% staking APY to maximize their holdings.

2. Solaxy ($SOLX) Presents the First Solana Scaling Solution

As $BTC adoption grows, so does the adoption of best altcoins like Ethereum ($ETH) and Solana ($SOL) and their respective blockchains.

Ethereum and Solana already have the largest application ecosystems, hosting hundreds of projects from DeFi protocols to meme coins.

However, these mainnets are unable to handle the growing workload without sacrificing performance. Ethereum relies heavily on Layer-2 networks like Arbitrum and Optimism, but until now, Solana had no scaling solutions.

Solaxy ($SOLX) is the first-ever Solana Layer-2. It addresses network congestion to speed up processing, lower fees, and prevent failed transactions.

Solaxy presale

Forward-thinking investors who realize the importance of resolving Solana’s scalability limitations have purchased $21.7M worth of $SOLX tokens so far.

With the current $SOLX cost of $0.001638 and 187% APY, early adopters could be up for impressive gains if analysts are right and $SOLX hits $0.032 by the end of 2025.

3. MIND of Pepe ($MIND) Spots Trends and News Early

The secret to crypto gains is timing. You have to find market-moving news early to buy in before everyone else does. But how do you do that?

MIND of Pepe ($MIND) is an AI agent that analyzes social media interactions and market data to deliver exclusive real-time insights to its community.

Mind of Pepe

As a self-autonomous agent, MIND of Pepe never sleeps and has no emotion to cloud its judgment. Its advice is data-driven, unbiased, and well-timed to make sure you never miss an opportunity.

Over time, MIND of Pepe will evolve and could learn to launch its own projects. These tokens would be first available to $MIND holders at a below-market price.

The $MIND presale generated $6.4M in funding so far, with one token now priced at $0.0033454. Analysts like ClayBro expect it to become the next top meme coin due to its unique utility, so there will be no better time to join the community than now.

4. Litecoin ($LTC) ETF Could Launch Soon

The SEC has recently fast-tracked Litecoin ($LTC) exchange-traded fund (ETF) application. If approved, the ETF could trigger an $LTC rally. We’ve already seen that happen to $BTC when its value doubled after the first $BTC ETF launched on the New York Stock Exchange.

For context, Litecoin is Bitcoin’s hard fork. It uses Bitcoin’s core architecture but introduces several major updates to enhance scalability and efficiency. For this reason, investors and regulators see $LTC as more legitimate than other altcoins.

Today, $LTC trades at $124, a whole 69% below its all-time high of $412 recorded in May 2021. The current dip is a potentially lucrative buying opportunity now that institutional adoption could boost its value.

Litecoin price

X analyst Bluntz Capital points out that the $LTC price chart looks bullish and predicts the token would clear resistance at $147 in the upcoming weeks.

Best Altcoins to Follow $BTC’s Lead

Institutional crypto acceptance grows by the day. Performance of Strategy’s and Metaplanet’s stocks proves that their approach works, and it’s not just about $BTC.

Altcoins like $BTCBULL, $SOLX, $MIND, and $LTC are likely to lead this bull run as they address long-standing industry challenges or present innovation incentive systems.

However, no gains are guaranteed in the crypto market. Always DYOR and diversify your portfolio to offset potential losses.

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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