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Litecoin ETF Approved - What Crypto to Buy in a January?

Litecoin ETF Approved after FOMC Meeting – What Crypto to Buy in a Bullish January?

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

Several fund managers have recently filed applications for altcoin ETFs with the Securities and Exchange Commission (SEC), including $DOGE, $TRUMP, and $MELANIA ETFs.

However, the only application to get a green light was Canary Capital’s Litecoin ETF ($LTC ETF). Unsurprisingly, the regulator has rejected all other proposed ETFs, which makes $LTC the only altcoin after $ETH to get approval.

Why $LTC? Well, $LTC has a reputation of ‘digital silver’ that compliments the ‘digital gold,’ Bitcoin ($BTC). It’s a Bitcoin fork, after all, so they share many similarities in tokenomics and technology.

Either way, this news is bullish for the entire industry, as Canary Capital sets a precedent for altcoin recognition as a serious asset class by institutional investors.

Now is the perfect time to stack up your portfolio in anticipation of the altcoin season. We hand-picked the best crypto to buy for maximum gains in 2025.

1. Solaxy ($SOLX) Addresses Solana’s Scalability Limitations

The 2021 bull run was dominated by speculative assets. This time, investors seek real-world applications that will drive the next wave of blockchain adoption.

That’s why the Solaxy ($SOLX) presale has been gaining momentum, with $16.3M raised in a little over a month.

Solaxy introduces the world’s first Layer-2 solution for Solana. By offloading a substantial part of transactions to its side chain, Solaxy could speed up processing, lower fees, and mitigate the risk of failed transactions on the mainnet.

Solaxy presale

One $SOLX now costs $0.00162, but the price will increase as the presale progresses toward its milestones. Early adopters get a first-mover advantage – 244% staking APY to increase their potential returns after the token lists on major exchanges.

2. MIND of Pepe ($MIND) Proves the Days of AI Aren’t Over

Nvidia stock and the entire AI crypto sector have dipped noticeably this week as the new Chinese AI DeepSeek rocked the market. However, that doesn’t mean the AI mania is over – on the contrary, we witness more innovation and broad interest in the industry than ever before.

This could benefit the new AI agent MIND of Pepe ($MIND), programmed to analyze data from crypto market aggregators and social media discussions to deliver exclusive insights to its token holders.

MIND token presale

$MIND is self-sovereign and free from human bias, so its trading advice is purely data-driven and objective.

The $MIND token presale launched a few weeks ago and has already raised $4.4M in funding. With the current $MIND price of $0.0032273 and 509% staking APY, now is the best time to join the MIND of Pepe community.

3. Best Wallet Token ($BEST) Provides Entry Into the Fastest-Growing Wallet Ecosystem

What matters the most in crypto investing? Safety. A reliable, non-custodial wallet is a must if you don’t want to lose your funds to a scam or hack.

One of the most popular solutions right now is Best Wallet, a mobile-first wallet that lets you sell, buy, swap, stake, and, of course, store assets across several networks.

Best Wallet presale

Besides, Best Wallet is the first and only crypto wallet that gives direct access to hot meme coin presales. Instead of buying tokens through the presale website, you can do so through the Best Wallet app, which is not only convenient but also more secure as you don’t risk falling victim to phishing or rug pull.

The ecosystem’s native token, $BEST, is now selling on presale at $0.0238. Its holders benefit from governance rights, discounted fees, and higher staking yields.

4. Toshi ($TOSHI) Explodes After Coinbase Listing

Toshi ($TOSHI) is among this week’s top gainers, with a 270% increase. The token launched in July 2023 but has only gained significant traction now, surging from $0.00013 on January 13 to $0.001455.

One of the reasons for such explosive growth is the recent Coinbase listing. Investors often see listings on Tier-1 centralized exchanges (CEXs) as a sign of legitimacy, which means the project begins to attract more risk-averse individuals.

On top of that, $TOSHI has a strong community, which could help it sustain this momentum and continue to grow in the long run.

The project’s main appeal lies in its NFT collection featuring 5K unique Toshis – cute cartoonish cats in different colors and outfits. $TOSHI token holders can also participate in project governance through the MEOW DAO.

5. Vine ($VINE) Rides the Wave of Nostalgia

Another top gainer is Vine ($VINE), and if the name seems familiar to you, that’s because it was launched by the same people who developed the short-form video platform Vine in 2012.

Funnily, Elon Musk has yet again had a hand in a crypto project’s boom. In April, he tweeted ‘Bring back Vine?’, and on January 25, the app’s founder, Rus Yusupov, announced the launch of his official token.

The token doesn’t currently have any applications and hinges merely on the nostalgic feelings of its community. Who wouldn’t want to bring back the good old ways when the world was simpler, and $BTC was trading at $6?

However, Rus might introduce some utility for $VINE along the way to ensure its long-term sustainability.

Litecoin ETF Is a Turning Point for the Market

While the SEC remains skeptical about meme coins, it evidently has changed its stance on altcoins.

This means that we might see new crypto ETFs in the future, which would drive adoption and prolong the current bull run.

However, we remind you to DYOR before investing in any cryptocurrency. Even strong fundamentals and favorable market conditions don’t guarantee returns.

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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