The broader crypto market is recovering slightly after its market capitalization fell from $3.77 trillion to $3.13 trillion between December 17 and December 20.
Today, the cryptocurrency market capitalization 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 more than 20% in the last day.
However, established coins lack the explosive potential of tokens preparing for launch, and Best Token (BEST) is attracting attention as its pre-sale gains momentum. With over $5.5 million raised and a unique role in the Best Wallet ecosystem, it has a strong opportunity to make significant profits upon launch.
Bitget secures strategic partnership with TRON and Hedera seeks to transform consumer engagement
Bitget is already a top-tier exchange with a customer base of over 45 million users and a daily volume that exceeds 10 billion dollars. Its native token, BGB, is now posting new highs following a strategic partnership with TRON, which revolves around TRON's meme coin flipping platform, SunPump.
The partnership will see Bitget support for projects launched on SunPump, such as accelerated listings and post-listing marketing, which can increase the visibility of these coins and allow Bitget users to invest in them.
The news caused an explosion in the price of BGB, which had a difficult week in which it fell from $4.87 to $3.66 amid the slowdown that affected the entire market. Today, BGB reached a new ATH of $4.97 and its technical indicators indicate that it could maintain the momentum.
BGB is up 22% in the last day and over 214% in the last month.
With its 50-day SMA at $2.09 and 200-day SMA at $1.31, Bitget appears poised for further gains in the near term.
<blockquote class="twitter-tweet”>
We have partnered with SunPump <a target="_blank" href="https://twitter.com/sunpumpmeme?ref_src=twsrc%5Etfw” data-wpel-link=”exclude” target=”_blank” rel=”nofollow noopener noreferrer”>@sunpumpmemethe memecoin trading and fair launch platform on the TRON network <a target="_blank" href="https://twitter.com/trondao?ref_src=twsrc%5Etfw” data-wpel-link=”exclude” target=”_blank” rel=”nofollow noopener noreferrer”>@trondao.
The collaboration aims to foster a wealth of opportunities for innovative projects and community-focused initiatives.
Detailhttps://t.co/om4KdEbe4w
—Bitget (@bitgetglobal) <a target="_blank" href="https://twitter.com/bitgetglobal/status/1870093612001964521?ref_src=twsrc%5Etfw” data-wpel-link=”exclude” target=”_blank” rel=”nofollow noopener noreferrer”>December 20, 2024
HBAR was one of the few altcoins that missed the market-wide rally in November after the US Election Day, but saw its price skyrocket in early December when it hit a one-year high of 0.3891. dollars.
Although its price has since dropped, entering this week at $0.2898, HBAR is now priced at $0.3112, following a presentation by Xiang Xu, Mondelez's blockchain and digital strategy lead, who outlined the company's goal of take advantage of Hedera as they move towards digital technology. transformation.
HBAR is up 131% over the last month.
Mondelez Internation is a company that owns brands such as Oreo, Cadbury and Tang and is a member of the Hedera Board.
<blockquote class="twitter-tweet”>
Xiang Xu, COE Global Leader, Blockchain Digital Strategy <a target="_blank" href="https://twitter.com/MDLZ?ref_src=twsrc%5Etfw” data-wpel-link=”exclude” target=”_blank” rel=”nofollow noopener noreferrer”>@MDLZ explores the motivations behind Mondelēz joining the Hedera Council and how they are taking advantage <a target="_blank" href="https://twitter.com/hashtag/Hedera?src=hash&ref_src=twsrc%5Etfw” data-wpel-link=”exclude” target=”_blank” rel=”nofollow noopener noreferrer”>#Ivy to transform consumer engagement and build decentralized solutions for tomorrow's digital economy. <a target="_blank" href="https://twitter.com/hashtag/HelloFuture?src=hash&ref_src=twsrc%5Etfw” data-wpel-link=”exclude” target=”_blank” rel=”nofollow noopener noreferrer”>#HelloFuture pic.twitter.com/5AhlxyF0eZ
– Ivy (@ivy) <a target="_blank" href="https://twitter.com/hedera/status/1871220001564172655?ref_src=twsrc%5Etfw” data-wpel-link=”exclude” target=”_blank” rel=”nofollow noopener noreferrer”>December 23, 2024
HBAR's sudden rise defying the bear market can be attributed to its increased visibility after the interview, which is likely attracting retail investors to the ambitious project.
Is Best Wallet Token a Smart Play for the 2025 Altcoin Season?
As BGB soars, another platform utility token drawing attention is the BEST token, the native currency of Best Wallet.
Best Wallet is a fast-growing Web3 wallet that is leveraging its cutting-edge security and exciting 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 pre-sale and has already raised more than $5.5 million.
<blockquote class="twitter-tweet”>
Join the <a target="_blank" href="https://twitter.com/search?q=%24BEST&src=ctag&ref_src=twsrc%5Etfw” data-wpel-link=”exclude” target=”_blank” rel=”nofollow noopener noreferrer”>$BEST Token pre-sale!
stack your <a target="_blank" href="https://twitter.com/search?q=%24BEST&src=ctag&ref_src=twsrc%5Etfw” data-wpel-link=”exclude” target=”_blank” rel=”nofollow noopener noreferrer”>$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 it!
Download now! https://t.co/AALEwrMCmn pic.twitter.com/975cKh0jLr
– Best Wallet (@BestWalletHQ) <a target="_blank" href="https://twitter.com/BestWalletHQ/status/1861097901050798411?ref_src=twsrc%5Etfw” data-wpel-link=”exclude” target=”_blank” rel=”nofollow noopener noreferrer”>November 25, 2024
Currently, the wallet allows its users to trade tokens on over 50 chains using its Best DEX feature, access pre-sales in their early stages with Upcoming Tokens, use multiple wallets, and more. The project roadmap reveals Best Wallet's intentions to add derivatives trading, a crypto debit card, an nft library, a staking aggregator, and many other features as it expands.
Those who hold BEST will enjoy several 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 the Best Wallet airdrop campaign. The project's staking APY is currently 405%, and participating in the airdrop campaign requires investors to interact with Best Wallet. <a target="_blank" href="https://x.com/BestWalletHQ” data-wpel-link=”exclude” target=”_blank” rel=”nofollow noopener noreferrer”>x (twitter) page and complete daily and seasonal quests.
According to an audit of Co-consultThere 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 do not have much time to lock in BEST at its current price of $0.23325 as it is set to rise tomorrow.
Visit the pre-sale of the best card
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