Altcoins Pumping With Bitget, Hedera Among Top Gainers as Best Wallet Raises $5.5M in Token ICO

The broader crypto market is slightly recovering after its market cap dropped from $3.77 trillion to $3.13 trillion between December 17th and 20th.

Today, the crypto market cap stands at $3.31 trillion, but Hedera (HBAR) and Bitget (BGB) are some of the few tokens that stand out in a sea of red. Both are up over 20% in the last day.

However, established coins lack the explosive potential of tokens that are gearing up for launch, and Best Token (BEST) is grabbing attention as its presale gains momentum. With over $5.5 million raised and a unique role in Best Wallet’s ecosystem, it stands a solid shot at making significant gains on launch.

Bitget Secures a Strategic Partnership With TRON, Hedera Seeks to Transform Consumer Engagement

Bitget is already a top-tier exchange with a customer base of more than 45 million users and a daily volume that exceeds $10 billion. Its native token, BGB, is now recording new highs following a strategic partnership with TRON, which revolves around TRON’s meme coin launchpad, SunPump.

The partnership will see Bitget’s support for projects launched on SunPump, such as expedited listings and post-listing marketing, which can increase the visibility of these coins and allow Bitget’s users to invest in them.

The news led to an explosion in BGB’s price, which had a rough week that saw it plummet from $4.87 to $3.66 amidst the market-wide downturn. Today, BGB reached a new ATH at $4.97, and its technical indicators signal it could keep the momentum.

BGB is up 22% in the past day and over 214% in the last month.

With its 50-day Simple Moving Average (SMA) at $2.09 and 200-day SMA at $1.31, Bitget seems ready to make further short-term gains.

We have partnered with SunPump @sunpumpmeme, the memecoin fair launch and trading platform on the TRON network @trondao.

The collaboration aims to foster a plethora of opportunities for groundbreaking projects and community-centric initiatives.

Detailhttps://t.co/om4KdEbe4w

— Bitget (@bitgetglobal) December 20, 2024

HBAR was one of the few altcoins that missed the market-wide rally in November following the US Election Day, but it saw its price skyrocket in early December when it reached a one-year high at $0.3891.

Although its price dropped since, entering this week at $0.2898, HBAR is now priced at $0.3112, following a presentation by Xiang Xu, Mondelez’s leader for digital strategy and blockchain, which outlined the company’s goal to leverage Hedera as they take a step toward a digital transformation.

HBAR is now up 131% over the past month.

Mondelez Internation is a company that owns brands like Oreo, Cadbury, and Tang and is a member of the Hedera Council.

Xiang Xu, Global COE Leader, Digital Strategy Blockchain @MDLZ explores the motivations behind Mondelēz joining the Hedera Council and how they are leveraging #Hedera to transform consumer engagement and build decentralized solutions for tomorrow’s digital economy. #HelloFuture pic.twitter.com/5AhlxyF0eZ

— Hedera (@hedera) December 23, 2024

HBAR’s sudden soar that defies the bearish market can be attributed to its increased visibility following the interview, which is likely drawing retail investors to the ambitious project.

Best Wallet Token a Smart Play for 2025 Altcoin Season?

As BGB soars, another platform utility token that’s catching eyes is BEST token, the native coin for Best Wallet.

Best Wallet is a rapidly growing Web3 wallet that’s leveraging its cutting-edge security and interesting features to achieve its goal of capturing 40% of the non-custodial wallet market by the end of 2026. The wallet already has over 100,000 monthly users despite being relatively new, and has now launched its BEST token presale and already raised over $5.5 million.

Join the $BEST Token Presale!

Stack your $BEST today and lock in the lowest price before it’s gone. Available now on our official website and Best Wallet app.

Every moment counts – don’t miss out!

Download now! https://t.co/AALEwrMCmn pic.twitter.com/975cKh0jLr

— Best Wallet (@BestWalletHQ) November 25, 2024

Currently, the wallet lets its users swap tokens across 50+ chains using its Best DEX feature, access presales in their early stages with Upcoming Tokens, use multiple wallets, and more. The project’s roadmap reveals Best Wallet’s intentions to add derivatives trading, a crypto debit card, an NFT library, a staking aggregator, and numerous other features as it expands.

Those holding BEST will enjoy various benefits, including lower transaction fees on Best DEX and Best Card, and exclusive alpha access to upcoming presales/

To maximize their returns, investors can earn additional BEST by staking their tokens and participating in Best Wallet’s airdrop campaign. The project’s staking APY currently stands at 405%, and participating in the airdrop campaign requires investors to interact with Best Wallet’s X (Twitter) page and complete daily and seasonal quests.

According to an audit by Coinsult, there are no critical threats to investor funds, and with 10% of its total token supply allocated to liquidity, BEST is reducing the risk of market manipulation, fostering a safe trading environment.

Investors don’t have long to secure BEST at its current price of $0.23325, as it is scheduled to increase tomorrow.

Visit Best Token Presale

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