New Altcoin Could Outperform XRP After Raising Over $11M in High-Demand Token Sale
While BNB (BNB) is making gains today, recording a 5.44% jump in its price over the past 24 hours, the rest of the top five leading cryptocurrencies are struggling to enter a green trend, including XRP (XRP).
However, although XRP’s monthly price action saw a 16.12% drop in its value, the fourth-largest cryptocurrency surged by 7.47% over the past week, showcasing its potential to rise despite the negative market-wide circumstances.
As most established tokens drop in value, a project still in its presale is rapidly raising funds for its upcoming token, Best Token (BEST), which has now surpassed $11 million raised. If BEST manages to keep its momentum post-launch, it could outperform tokens like XRP, so it’s no surprise investors are rushing to add it to their portfolios at a lower price.
XRP Appears Ready to Explode as Rumors Regarding the SEC vs Ripple Case Settlement Spread
After hovering between the $0.4 and $0.7 levels for most of 2024, XRP exploded in value last November, following the election of Trump’s pro-crypto administration and the resignation of Gary Gensler as the SEC’s chairman.
Following the changes in the SEC leadership that pushed XRP to a 52-week high of $3.39 recorded in January, the token saw a drop in value and is currently priced at $2.33.
However, attorney Jeremy Hogan believes the SEC vs Ripple case may be resolved via a private settlement agreement that could speed up the process and position XRP to explode over the following weeks.
Something in Eleanor’s post caught my attention:
“…case is in the process of wrapping up and could be over soon.”
The only way the case could “be over” soon is if Ripple and the SEC reach a private settlement agreement (which would vary from the judgment), dismiss the appeal,… https://t.co/miqCWYI3AX
— Jeremy Hogan (@attorneyjeremy1) March 13, 2025
As excitement builds around XRP, crypto expert Vincent Van Code warned his audience of a potential dip in the short term, advising investors to wait for the dip before they start accumulating XRP.
Dark Defender, a charts analyst, also believes XRP is likely to revisit the $2 level before its next surge, placing a target on the $6 mark by early April, which would represent a 3x soar for XRP if it dips further.
XRP’s surge to the $6 level could trigger once its price crosses over its 50-day Simple Moving Average (SMA) of $2.48. The 50-day SMA is already well above the 200-day SMA of $1.64 and forms a Golden Cross pattern.
Analyst Highlights Best Token’s Massive Staking APY and Utility
Best Token is preparing to join the $2.2 billion crypto wallet token market as the native token of Best Wallet, the fastest-growing Web3 non-custodial wallet.
Holding BEST will bring unique benefits to those using Best Wallet’s current features, and enhance the project’s upcoming features, such as its crypto debit card and staking aggregator. For example, those holding BEST will pay lower fees while buying, swapping, or selling tokens via the wallet’s Best DEX feature.
Austin Hilton, a presale analyst, is impressed by the wallet’s existing capabilities, especially its Upcoming Tokens feature that lets its users enter presales directly from Best Wallet’s apps. He highlighted that holding BEST will grant the wallet’s users exclusive early access to future featured presales, giving them an edge in the market.
Calling it “one of the best new crypto projects,” the analyst advises his audience to enter the presale during its early stages, as the per-token price of BEST will only rise as it raises more funds.
The project offers a 141% staking APY, allowing investors to earn more BEST Token long-term, and Austin Hilton encourages his followers to add their tokens to the staking pool as the yield will decrease over time.
Best Token’s Price Will Increase in Two Days – Here’s How to Enter the Presale
Investors can currently purchase Best Token for $0.024375 via the presale website or Best Wallet’s apps using ETH, BNB, USDT, or a traditional bank card. No minimum investment is required, making the presale equally attractive to smaller investors and whales.
Additionally, the project’s smart contract has been audited by Coinsult, which found no critical issues in its code, confirming investor funds are safe with BEST. The project’s developers also set aside 10% of the total token supply for liquidity, ensuring a safer trading environment.
Although the project’s staking APY offers an excellent way to earn more BEST passively, the presale also features a generous airdrop campaign, which investors can benefit from by simply connecting their presale wallets and interacting with the project’s social media channels.
Interacting with the Best Wallet X (Twitter), Instagram, Discord, Telegram, and other channels, which already have over 168,700 followers, rewards participants with airdrop points, which will later be converted into BEST.
Investors can also invite others to the airdrop via its refer-to-earn (R2E) program, which rewards the referrers with 10% of all the points their referees earn.
Although the crypto market is as volatile as ever, BEST’s central position in Best Wallet’s growing ecosystem and early presale success could help it explode on launch, making this the best time to invest.
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