Best Wallet ($BEST) sold out the first stage of its private sale within six hours of its presale launch on Monday, raising $162,000 in just 24 hours.

The leading Web3 wallet is emerging as a strong contender among the top presale tokens of 2024.

Investors from across the cryptosphere are flocking to buy its native token, $BEST, despite its exclusivity to Best Wallet users. In fact, the first round sold out in just one hour.

Best Wallet is the first of a new breed of crypto wallets, offering advanced features while maintaining a user-friendly interface.

With its presale now live, Best Wallet is offering the public a chance to acquire $BEST at a significant discount, but only through the app itself and for a limited two-week period.

Investors can currently purchase $BEST for $0.0225. The price will increase to $0.02252 in less than 24 hours and continue rising as the presale progresses.

To join the presale, users must first download Best Wallet from Google Play or the Apple App Store, then tap on the Upcoming Tokens section to purchase $BEST tokens.

Why Are Crypto Investors Replacing Metamask With Best Wallet and Buying $BEST Tokens?

Best Wallet is not just a Bitcoin wallet but an expanding ecosystem that includes the Best Wallet app, Best DEX, and the upcoming Best Card.

It offers advanced features like its Upcoming Tokens section, which allows users to access exclusive token presales of some of the industry’s most promising projects, such as Pepe Unchained ($PEPU), before they hit the mainstream.

Token of the Week: $PEPU

Currently raised: $25,518,050.37$PEPU is the future of meme coins, powering the @pepe_unchained Layer 2 blockchain. Fast, secure, and low fees—this is Pepe’s kingdom!

Find $PEPU in the Upcoming Tokens tab on Best Wallet!

Buy your presale… pic.twitter.com/il31SaaZnu

— Best Wallet (@BestWalletHQ) November 8, 2024

Upcoming Tokens provides unmatched convenience, enabling users to invest and manage their investments directly within the Best Wallet app.

Additionally, Best Wallet offers some of the most favorable exchange rates for swaps, connecting to over 200 decentralized exchanges (DEXs) and 20+ cross-chain bridges.

Best Wallet also excels in off-ramping capabilities through partners like Alchemy Pay, MoonPay, and others, allowing users to convert crypto into over 100 fiat currencies (e.g. USD, EUR, GBP) and deposit funds directly into their bank accounts — all seamlessly within the app.

These are just a few of Best Wallet’s customer-centric features, which set it apart from incumbents like MetaMask.

As for the $BEST token, it will serve as the governance token of the entire ecosystem and give users additional benefits that enhance their crypto experience.

Users who accumulate $BEST tokens can unlock in-app perks, including reduced transaction fees for trades, the earliest access to future projects in presale, cross-chain swaps, and crypto-to-fiat conversions.

Furthermore, those using dApps integrated with Best Wallet will enjoy exclusive benefits.

For example, through Best Wallet’s iGaming partnerships with four major casinos, users can access free spins, loot boxes, top-tier deposit bonuses, free plays, and discounted withdrawal fees.

$BEST Token’s Investment Merit

The investment merits of $BEST lie in its extensive in-app utility, which generates organic demand for the token from a solid user base growing at an impressive rate of 50% month-on-month.

Since Best Wallet’s launch six months ago, presale participation has surged by 810%, rising from 8,393 to over 67,000 users.

The app has also seen over 7,000 participants engaging in simple quests – such as linking their Best Wallet account, voting in polls, rating the app, and leaving reviews – to join season one of its airdrop rewards.

In total, over 75,000 quests have been completed in just five months.

Did you know? You can earn $BEST tokens by completing daily airdrop quests!

The more points you stack, the more $BEST you will receive! Get access to exclusive features and reduced fees when the token launches.

Remember, daily quests reset everyday at midnight. Don't… pic.twitter.com/APEuMjfNZZ

— Best Wallet (@BestWalletHQ) November 9, 2024

With its current growth trajectory, Best Wallet is on track to hit 10,000 airdrop participants and 100,000 completed quests by the end of 2024.

The project’s social media presence has been equally impressive. It has reached nearly 70,000 followers, which further highlights its booming community and growing brand appeal.

Lastly, the stellar performance on its first day of presale signals that users are not only loyal to Best Wallet but are eager to become stakeholders in what could be the industry’s best crypto wallet.

Given all of this, the investment potential of $BEST is undeniable, and securing tokens at this significant presale discount could position new investors for substantial gains, positioning $BEST to become the leading wallet token in the decentralized market.

How Can I Buy $BEST Tokens in Presale?

The $BEST token presale is exclusive to Best Wallet users – at least for the next two weeks. Thereafter, the public will be able to participate on the website using any other wallet.

To participate now and take advantage of the earliest entry point, simply download the Best Wallet app from Google Play or the Apple App Store.

Once installed, click on the Upcoming Tokens tab on the app’s homepage to access the $BEST presale. You can purchase $BEST using any cryptocurrency you hold.

Stay up-to-date with the latest Best Wallet news or participate in airdrops by joining the community on X and Discord.

Visit Best Wallet Now

The post Best Wallet Sells Out in 6 Hours, Raising $162K on First Day of Presale appeared first on Cryptonews.

Indeed, today has been a parabolic day for the XRP price, with an 11.40% uptick. However, it seems the momentum is waning as price takes a sudden U-turn.

Traders shouldn’t hold their breath just yet, though. A slowdown or even a slight correction is expected and healthy, given that the brunt of the 27.17% gain since last Tuesday occured over the past few days.

As the wider market rejoices in the wake of the US election, XRP seems one of it’s biggest beneficiaries. The snowballing attention for the altcoin seems evident as today sees a 55% increase in trading volume, reaching $6.7 billion.

XRP Price Analysis: Major Technical Breakthrough Eyes New High

This influx has triggered a major technical breakthrough, as the XRP price mounts a breakout from a bullish 4-year symmetrical triangle pattern that has been brewing since 2021.

After multiple attempts at the pattern’s resistance over recent weeks, this week seems to have affirmed a decisive breakthrough, though it now appears suppressed at the $0.6580 resistance.

This setback seemed inevitable as the flash rally led the daily Relative Strength Index (RSI) to break into overbought territory at 80, leading to a correction as the price tries to find more stable footing before its next leg up.

This doesn’t seem like a concern, though, as the weekly MACD sees an explosive crossover above the signal line, a move which, in recent history, has consistently led to massive upticks in the XRP price.

While the daily chart certainly suffers from some volatility, the weekly RSI maintains a neutral but bullish position, providing some confidence that the rally still stands on strong footing.

Therefore, the $0.6580 resistance probably won’t remain a challenge for long, especially as this week’s candle overcomes the stubborn resistance posed by the 200SMA over the past few weeks.

Given the pattern materializes, a conservative price target of $1.90 seems likely by the year’s end. However, with potential fundamental catalysts stacking in its favor, a new all-time high seems the natural target.

This New Low Cap Gem Could Rally Harder

While an XRP price all-time high is certainly an appealing prospect, emerging opportunities hold the potential for quicker and more substantial gains.

As the “meme coin supercycle” sentiment takes hold and coins like $ACT and $Pnut experience sudden rises to prominence, strategic investors may find it beneficial to diversify into newer low-cap meme coins with exponential growth potential.

Specifically, Crypto All-Stars ($STARS) presents a unique opportunity by pioneering the industry’s first meme coin staking platform.

The MemeVault brings together the entire meme coin community under the Crypto All-Stars umbrella, staking to earn rewards in the project’s native token, $STARS.

One to unite them all pic.twitter.com/c0DgSHbFQM

— Crypto All-Stars (@all_stars_coin) October 22, 2024

This allows the most dedicated meme coin holders to stay true to their favorite coins while capitalizing on the gains staking offers. Something which may be credited to its instant success, raising almost $3.5 million in its presale already!

This confidence is bolstered by STARS’s commitment to transparency, with two successful audits ensuring investor safety.

Beyond its pioneering approach to meme coin staking, $STARS itself offers one of the biggest passive income opportunities right now, with a substantial 496% APY. While the market has suffered under recent volatility, All-Star investors have been raking in consistent gains!

Join the Crypto All-Stars community on X and Telegram to stay up to date on the latest announcements.

BUY $STARS NOW

The post $7 Billion Influx Fuels Bullish XRP Price Breakout – Could It Reach a New All-Time High Soon?  appeared first on Cryptonews.