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Red Monday Rises, Bitcoin Falls: Best Altcoins to Buy?

Red Monday Rises, Bitcoin Falls to $76K: Why is Crypto Down and What are the Best Altcoins to Buy in the Bear Market?

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

It’s a Red Monday rising, with carnage across the crypto world. Bitcoin, Ethereum, and pretty much every other major token tumbled in a sudden $500B crypto market wipeout.

Stock markets around the world are experiencing downturns not seen since the dark days of COVID, with red across the board.

On Friday alone, the American stock markets lost $3.25T, more than crypto’s entire market cap. And the chaos continues today, with the global markets down several more percentage points.

The correction echoes early 2022 patterns, only with political tensions and Trump’s tariffs fueling the flames this time.

With Trump refusing to back down, China leveling its own tariffs, and all the makings of a trade war looming, crypto is taking it on the chin. Will altcoins retrace their steps back and revive? That’s what we’re here to find out.

Markets Crash as Volatility Rises

Why the sudden turmoil?

$BTC briefly dipped below $75K on Monday morning, perhaps due to institutional investors selling to avoid liquidations as the price plunged. Investors seeking to ‘buy the dip’ likely kept holding to see if and when the price would finally bottom out.

The VIX volatility index currently sits at 52.77 highs for the year, indicating just how extensive and unsettled the market is right now.

So should investors give into the FUD? Or is there a silver lining to the looming red skies?

The best crypto presales and altcoins can give investors a way to mitigate some of the chaos reigning in the markets. And these three tokens are generating buzz for all the right reasons.

1. SUBBD Token – Revolutionizing Digital Content for Creators and Fans

SUBBD Token ($SUBBD) is the utility token for the AI-powered creator platform that is redefining fan engagement and content monetization.

The SUBBD platform transforms online content creation, coupling creators with AI tools. The heart of the platform focuses on real creators and the best content, empowering those creators with a full AI + crypto tool stack, from NFTs to crypto payments and more.

SUBBD is poised to redefine the digital content creation ecosystem, building an ecosystem where creator independence, web3 trends, AI tools, and tokenization all converge.

The $SUBBD token serves as the utility token for the SUBBD platform, giving token holders:

  • Exclusive content access
  • VIP staking benefits
  • Platform discounts
  • XP platform multipliers
  • Loyalty & rewards

In short, $SUBBD enhances holder access to a cutting-edge content creation platform, tokenizing one of the hottest market segments around.

SUBBD Token Benefits

SUBBD runs on Ethereum; the token presale delivers fixed 20% APY staking rewards to early investors (meaning it will never change during the presale). And staking rewards are claimable immediately on the conclusion of the presale.

$SUBBD tokens are currently priced at $0.0551, and the presale – live for only a few days – has already passed $104K raised.

Visit the $SUBBD presale to learn more.

2. Solaxy (SOLX) – The First Layer-2 Solution for Solana

Solana just got scalable with Solaxy ($SOLX).

Solana has always boasted lower transaction fees and a more responsive ecosystem, but suffers from failed transactions and network congestion.

Ethereum, on the other hand, brings incredible liquidity and a proven ecosystem, at the cost of high transaction fees.

Solaxy aims to solve the weaknesses of both networks. The $SOLX tokens will be issued on the Ethereum blockchain, but the project will move quickly to building the first-ever Solana Layer 2. The multi-chain token will harness the speed of Solana and the compatibility of ERC-20 tokens.

The $SOLX token is about more than just building a new Layer-2; it’s about providing fantastic utility for an emerging memecoin multichain.

You can find out more information about the project’s goals and roadmap in the presale page in the Best Wallet app, as well as on the project website.

Solana Ethereum Multichain

Investors, who have already flocked to Solaxy to the tune of $29M raised so far, also enjoy 139% staking rewards during the presale.

Learn how to buy Solaxy and join the presale, and see why we think the $SOLX token price could hit $0.20 by the end of next year.

Tokens are currently available for $0.001686. Visit the presale page to learn more.

3. OKB – The Utility Token of the OKX Ecosystem

Don’t look now, but $OKB is weathering the ongoing crypto carnage better than most other altcoins.

OKB weekly performance

It’s actually still up nearly 5% for the past week, despite being down for the day. Compare that to $BTC’s 6% loss for the week and 7.7% for the day.

As the utility token for the OKX centralized crypto exchange, $OKB enjoys the stability provided by a $5.7B daily trading volume. The token gives holders trading fee discounts and passive income opportunities through OKX Earn, as well as voting rights for issues like potential token listings.

The OKX platform is the #5 CEX in the world, a fact that might be providing critical support to the $OKB token even with the market in turmoil.

Altcoins and Presales Poised to Benefit from Bearish Bitcoin

When markets nosedive, panic is natural.

But long-term investors know that downturns are also moments to reposition. With smart research and a focus on the best altcoins to buy, you can find the opportunity amid the volatility.

As always, do your own research; this isn’t financial advice. Crypto is volatile, and especially so right now. Losses are always possible.

But don’t overlook these tokens, possibly among the best crypto to buy right now.

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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