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Breaking News: Fed Lowers Rates By 25bps: How Bitcoin And Crypto Prices Responded And What's Next
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Breaking News: Fed Lowers Rates By 25bps: How Bitcoin And Crypto Prices Responded And What's Next

Best Wallet Presale Raises $5.8M, Overrides ‘Decembear’ Doubts

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

The Best Wallet presale has raised over $5.8M. In the four days before Santa did his rounds, it garnered an additional $500K, easing any ‘Decembear’ doubts. 

Still, this month has presented unfavorable times for the broader crypto market. On December 17, $BTC was valued at a hefty $108K, but it’s dropped by 12.5% since and is now trading at $96K. 

Digital assets often rise and fall depending on the crypto king Bitcoin’s performance. However, it’s not deterred $BEST from attracting new investor interest, thanks to it being the bedrock of a novel crypto wallet. 

Crypto Market Suffers Amid US Interest Rate Uncertainties 

Many factors have contributed to the wider crypto market’s downturn – one of which is the US Federal Reserve’s hawkish stance on interest rate cuts in 2025. 

The Fed might slash interest rates only twice next year, possibly resulting in tighter liquidity in traditional finance (TradFi) and decentralized finance (DeFi) markets. 

Such uncertainty has contributed to many major meme coins dropping in value this past week, including: 

  • $PEPU (–25%) 
  • $HOPPY (–25%) 
  • $PEPECOIN (–12%) 

However, a Santa rally might create a bullish lift by the end of this year, potentially boosting investment sentiment in coins like $CHO, $DOGE, and $ARB.

Additional good indicators for the new year include ‘Crypto President,’ Donald Trump, assuming office on January 20, plus, Paul Atkins taking over Gary Gensler’s role as the US Securities and Exchange Commission (SEC) chair. 

Gary Gensler’s strict regulations have hindered Web3 innovation over the past years, creating uncertainty for investors and creators alike. Atkins, by comparison, is much more crypto-friendly.  

Trump is also pushing for a Bitcoin reserve, which is projected to drive the price of $BTC to greater heights and offset US debt. 

To make the most of these developments, however, investors need a trustworthy crypto wallet like Best Wallet. 

$BEST Unlocks Promising Early Projects

Best Wallet’s new altcoin project offers better pricing for users swapping digital assets because it integrates with 200+ decentralized exchanges (DEXs) and 60+ blockchain networks, including Bitcoin, Ethereum, and Solana. 

Another bonus is its off-ramping functionality. Best Wallet users can seamlessly convert crypto into 100+ fiat currencies (including $USD, $EUR, and $GBP) and directly deposit funds into their chosen bank accounts.

Nevertheless, its standout feature is ‘Upcoming Tokens,’ which spotlights promising presales before they attract mainstream attention. Users can join these low-cap new projects at their lowest-ever prices. 

Showing the power of this functionality, it featured Pepe Unchained while on presale for just $0.00992, which later spiked to $0.06858 – a commendable 591% gain for early investors. 

It also features Crypto All-Stars ($STARS), whose presale started at just $0.00138 and has achieved an impressive 1373.91% return since being listed on major exchanges. 

Crypto All-Stars flourishes on Best Wallet
Source: Best Wallet (X)

How to Join the Best Wallet Presale

Joining the Best Wallet presale is straightforward. Head to the official website, connect your crypto wallet to the widget, and buy tokens using a variety of currencies, including $ETH, $USDT, $FLOKI, and $BNB.

$BEST can also be acquired directly from the Best Wallet app, available on Google Play and the Apple App Store using fiat or crypto, currently for just $0.023375. However, you must swap $ETH or $USDT for the token. 

Notably, you can integrate existing crypto wallets, like MetaMask, into Best Wallet to manage all your crypto assets in one safe space. 

For more information, follow Best Wallet on X and Discord.

Visit Best Wallet today.

Disclaimer: This isn’t financial advice. Be sure to always do your own research and never invest more than you can afford to lose. 

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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