Altcoin
The Best Presale Coins and AI Projects Rise Amid Major Market Slump Caused by Bybit Hack
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The crypto market is in the dreaded red zone. Major tokens took a nosedive yesterday; even $SOL, $DOGE, and $ETH have dropped by more than 10%. But it’s not all downbeat: $XRP, the best presale coins, and AI tokens stand tall.
It’s plausible that Bybit caused liquidation problems, causing the entire market to take a turn for the worse.
Late last week, the crypto exchange lost $1.5B worth of crypto in the most prominent digital heist to date, causing investors to trade their digital assets elsewhere.
$XRP, the Best Presale Coins & AI Tokens Thrive
But the bullish impetus in the market remains. Last week, $XRP-based inflows captured $39.3M, fueled by Brazil’s green light for the world’s first $XRP ETF and anticipation of the Ripple vs. SEC saga coming to an end.
📉 Further outflows of US$508m following uncertainty on tariffs and monetary policy
Digital asset investment products saw outflows totalling US$508m. #Bitcoin saw outflows of US$571m while #XRP led the way with inflows of US$38.3m. #Solana, #Ethereum and #Sui followed with… pic.twitter.com/gqwXcsetp5
— CoinShares (@CoinSharesCo) February 24, 2025
Now’s a good time to seek a safe haven in volatility-immune presale coins, like $BEST and $SOLX, as well as AI tokens on the rise, like $VANA.
Since yesterday, AI coins are up by 111.16%, demonstrating their strength amid the broader market downturn.
1. Best Wallet Token ($BEST) – Cost Saving in Novel No-KYC Crypto Wallet
$BEST is one of the best presale coins with high-profit potential, as it gives Best Wallet users compelling advantages (like early access to new projects).
Best Wallet is a straightforward crypto wallet on a mission to capture 40% of the $11B non-custodial wallet industry before 2026 kicks off.
Other major Best Wallet boons include not requiring KYC, being the first of its kind to feature presale coins at their lowest-ever prices, and soon supporting over 60 blockchains.
Supporting so many networks will give users seamless access to a suite of new coins – you’ll no longer need to juggle their digital assets across multiple platforms.
Buying $BEST opens significant perks in the already thriving Best Wallet ecosystem (as evidenced by the presale snagging $10.5M). It grants lower transaction fees, community governance, and high staking rewards, currently at a hefty 153% APY.
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Better still, it’s available on presale for just $0.024125, making now a prime time to buy $BEST before it attracts mainstream attention.
2. Solaxy ($SOLX) – Low-Cap Entry Point to First Ever Solana L2
Next up is $SOLX, the entry point to the world’s first Solana Layer-2 (L2) network, Solaxy.
It’s being developed to combine meme coin transactions and offload them to a side chain, speeding up transactions, lowering gas fees, and minimizing the likelihood of failed transfers.
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Considering that just weeks ago, 60% of Solana network transactions failed amid the $LIBRA meme coin rug pull, Solaxy’s utility has never been more critical.
To top it off, the L2 bridges Solana with Ethereum for smooth cross-chain transfers, combining both network benefits (scalability and liquidity) and expanding the reach of their digital assets.
Given that crypto whales funneled an extra $15,122.92 and $10,515.36 into the project just three days ago, It’s not surprising that $SOLX has already raised over $23.4M on presale.
You, too, can buy $SOLX, currently for just $0.001646. We anticipate its price hitting $0.032 following the L2 network’s launch, so there might not be a better time to get involved.
3. Vana ($VANA) – Partake in AI Developments, Get Token Perks
$VANA’s 24-hour trading volume has shot up by over ~45% since yesterday, signaling heightened investor interest in its EVM-compatible Layer 1 (L1) blockchain network, Vana.
Vana introduces data liquidity pools, enabling users to contribute their data to be validated and tokenized. It aims to boost the data’s value by adding ownership and transparency.
The token plays a pivotal role in the ecosystem. It’s used for transaction fees and boosts network security through staking and governance rights – compensating users for participating in its AI developments.
Considering that the entire AI token ecosystem is valued at a whopping $31.13B and the tokenization market is anticipated to hit $5.6B by the end of 2026 (at a 19% CAGR), $VANA’s success shows no signs of slowing down.
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Albeit more expensive than the coins mentioned above at $8.82, it’s a low entry point into two thriving markets. Plus, it’s available to purchase on major exchanges, including Binance, Bybit, and Upbit.
Verdict – The Crypto Market’s Not All Doom & Gloom
When considering the novel developments of the best presale coins and AI tokens like $VANA flourishing, the crypto market isn’t full of despair.
This is especially true when considering that buying coins during market turmoil can be a strategic move. Now’s a great time to buy coins at their lowest current prices before their prices rise when the market recovers.
But we are not financial advisors. You must always DYOR when making crypto investments and never spend more than you’d be sad to lose.
Altcoin
Analyst Predicts XRP Price To Hit $77 Despite Market Correction
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Crypto analyst Egrag Crypto has provided a bullish outlook for the XRP price, predicting that the crypto could rally to as high as $77. This prediction comes amid the correction in the broader crypto market, with XRP suffering a significant price decline.
Analyst Predicts XRP Price To Hit $77
In an X post, crypto analyst Egrag Crypto predicted that the XRP price could rally to $77. The analyst’s accompanying chart showed that XRP could reach this price target between now and 2026.
This bullish price prediction came as the analyst gave an update on XRP’s monthly Relative Strength Index (RSI). According to him, a double-top pattern is approaching. He added that the RSI must hold above 65. Otherwise, the crypto may touch the 14 Simple Moving Average (SMA). However, this may not be bad, as Egrag Crypto noted that historical data suggests this often precedes a significant pump.
Egrag Crypto also revealed that the Bollinger Bands on the RSI are currently showing a wide range. He remarked that historical cycles indicate that XRP often reaches the top of the band or even exceeds it on the second attempt. In line with this, the analyst remarked that market participants are not bullish enough for what is ahead.
This bullish outlook for the XRP price comes amid the recent crypto market crash, which saw Bitcoin, Ethereum, Solana, and even XRP drop significantly. As a result, XRP has dropped to number four on the crypto rankings by market cap.
A Potential Bounce From Current Price Levels
Egrag Crypto suggested that the XRP price could witness a bounce from its current level. In his analysis of the 4-hour chart, he noted that the crypto is witnessing three green candles after recording around seven consecutive red candles.
The crypto analyst remarked that if XRP can establish a solid foundation around the $2.07 level, it could confirm a double-bottom formation. He highlighted $2, $1.855, and $1.73 as three other potential targets that can still be considered as part of this formation.
The analyst’s chart showed that a bounce from these price levels could send the crypto back to its local highs and possibly pave the way for a rally to a new all-time high (ATH). A potential bounce for XRP will also likely depend on the Bitcoin price action.
Meanwhile, crypto analyst Ali Martinez suggested that the XRP price could still drop lower before it experiences a bounce. In an X post, he stated that the crypto is breaking out of an ascending parallel channel, targeting $1.65.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Altcoin
Eric Trump Urges Investors To Buy The Dip Amid Crypto Market Selloff
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Bitcoin price experienced a sharp decline, falling below $89,000 for the first time in three months on February 25. The crypto lost over 8% in value within a single day, triggering widespread concern among investors. However, Eric Trump, the son of U.S. President Donald Trump, took to X to encourage investors to capitalize on the crypto market selloff.
Eric Trump Encourages Investors to Buy the Dip
In a recent post on X, the son of U.S. President Donald Trump weighed in on the crypto market selloff, urging investors to “Buy the dips!” His message resonated with those who view corrections as a chance to accumulate Bitcoin at lower prices. Eric Trump’s statement sparked reactions across the crypto community, with some seeing it as a show of confidence in Bitcoin’s long-term potential.
Michael Saylor, Executive Chairman of Strategy, also responded to the crypto market decline. He referred to the price drop as a “Bitcoin sale,” hinting that his company may take advantage of the lower prices. Saylor has consistently supported Bitcoin and led Strategy to accumulate significant holdings over the years.
Reacting to Eric Trump’s tweet, the CEO of Strategy added,
“The best advice, volatility is a gift to the faithful.”
Despite optimism from some, skepticism remained among other financial experts. Gold advocate Peter Schiff dismissed the idea of buying the dip, warning that further declines could follow. Schiff has long criticized Bitcoin, arguing that it remains a speculative asset prone to severe price swings.
MicroStrategy Continues Expanding Its Bitcoin Holdings
Amid the crypto market selloff, Strategy, formerly MicroStrategy, confirmed another major Bitcoin acquisition. The firm announced a $2 billion purchase, securing 20,365 BTC at an average price of $97,514 per coin. This addition aligns with the company’s long-term accumulation strategy, which aims to hold $42 billion worth of Bitcoin over the next three years.
Following its latest purchase, Strategy’s Bitcoin holdings have grown to approximately 499,096 BTC, valued at around $47 billion based on current prices. This represents nearly 2.4% of Bitcoin’s total supply, positioning the company as the largest corporate Bitcoin holder.
The company has continued its buying strategy despite fluctuations in Bitcoin price. While some view this as a commitment to long-term investment, others caution that the strategy carries risks given the volatile crypto market.
A Buying Opportunity or Further Declines?
The broader crypto market also experienced losses, with Ethereum (ETH) dropping 9% to $2,405 and Solana (SOL) falling 7% to $143. Bitcoin’s market capitalization fell to $1.76 trillion, reflecting increased selling pressure across digital assets.
Meanwhile, Standard Chartered’s head of crypto research, Geoff Kendrick, suggested that Bitcoin could see further declines. He predicted an additional 10% drop, potentially bringing prices down to the early $80,000 range. Kendrick pointed to ongoing outflows from U.S. Bitcoin spot ETFs as a key factor that could contribute to extended losses.
BITCOIN COULD FALL FURTHER AFTER BREAKING BELOW $90K: STANDARD CHARTERED
Bitcoin has hit a three-month low below $90,000, and Standard Chartered’s Geoff Kendrick expects it to fall further. While still performing “relatively well,” bitcoin is caught in a broader cryptocurrency…
— *Walter Bloomberg (@DeItaone) February 25, 2025
While some, like Eric Trump and Michael Saylor, view the current crypto market selloff as an opportunity, others remain cautious about the potential for further downside.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Altcoin
Nasdaq Submits Filing To List Grayscale Polkadot ETF, DOT Price To $34?
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Polkadot’s (DOT) price has recovered despite the recent crypto market crash after Nasdaq filed a request with the U.S. Securities and Exchange Commission (SEC) to list and trade shares of the Grayscale Polkadot ETF.
This move follows similar filings for other altcoins, including XRP and Cardano. Analyst are now speculating on the potential price movement of DOT, with some anticipating a rise to $34 if the Polkadot ETF gains approval.
Nasdaq Seeks SEC Approval for Grayscale Polkadot ETF
According to a recent filing, Nasdaq has submitted Form 19b-4 to the SEC to list and trade shares of the Grayscale Polkadot Trust (DOT). This filing marks the latest step in expanding cryptocurrency-based investment products on traditional exchanges.
Grayscale Investments, the firm behind the ETF, aims to offer investors regulated exposure to Polkadot’s native token. The US SEC now has a 45-day review period to acknowledge the filing, after which it can approve, deny, or extend the review process.
Grayscale’s filing follows a similar request from 21Shares, which submitted an application for a spot Polkadot ETF late last month. Following the Polkadot ETF filing, DOT price saw a brief 4% increase before declining 6% in the last 24 hours, trading at $4.4.
Polkadot ETF Part of Grayscale’s Broader Crypto Strategy
Grayscale has been increasing its ETF offerings as regulatory sentiment toward cryptocurrencies evolves. Along with the Polkadot ETF, the company has recently applied to convert its XRP Trust into an ETF and filed for a spot Cardano ETF, which has been acknowledged. Other potential products tied to digital assets such as Solana (SOL), Dogecoin (DOGE), and Litecoin (LTC) are also being considered.
These filings come as the US SEC, under the Trump administration, has adopted a more open stance toward digital assets under the leadership of acting US SEC chair Mark Uyeda. The regulator recently dropped several crypto-related investigations, including cases against Robinhood, Coinbase and the NFT marketplace OpenSea. Consequently, market analysts believe this shift could improve the chances of approval for multiple spot crypto ETFs.
The Polkadot ETF filing is part of a broader trend of increasing institutional interest in cryptocurrency investment products. Recently, Tuttle Capital Management proposed a leveraged 2x Polkadot ETF but later withdrew its filings for all leveraged crypto ETFs.
James Seyffart, an ETF analyst at Bloomberg, commented on the growing number of crypto ETF applications, stating,
“Altcoin ETFs are coming.” More filings for XRP and Litecoin ETFs are expected in the coming days.
Will Polkadot Price Rally To $34?
Despite the recent pullback, market analysts believe that DOT’s price could see a substantial upside if key resistance levels are broken.
The first major resistance level stands at $6, which must be cleared for strong upward momentum to develop. If DOT breaks above this level, it could gain strength and move toward the next significant resistance point at $11.
This level has already been tested twice but rejected, making it a critical threshold for further price action. A successful breakout above $11 would indicate a strong bullish trend, potentially clearing the path toward $34 with minimal resistance.
According to the analyst, if the Polkadot price experiences a slow and steady decline, it may continue searching for a strong bottom before a potential rebound. However, in the event of a sharp and rapid drop, a V-shaped recovery could take place, leading to an equally strong bounce for DOT price.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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