Metaplanet has just added another 330 $BTC to its Bitcoin stockpile, taking its total holdings to 4,855 $BTC.
The purchase was worth $28 million and marks the Japanese firm’s third Bitcoin investment this month. Based on its current holdings, it’s now the world’s tenth-largest Bitcoin holder.
Institutional and whale interest in Bitcoin is ramping up, with GlassNode data revealing whales are absorbing $BTC at 3 times its current issuance rate.
This signals a bullish market outlook, and it has helped catapult Bitcoin to $87.5K on 21 April, its highest price in almost one month. So, as market optimism returns, what are the best crypto to buy now?
BTC Bull Token
Increased smart money interest indicates that the crypto market is approaching a bullish rally, and these periods are often characterized by investors increasing their exposure to riskier and emerging asset classes.
That’s where BTC Bull Token comes in. It’s a new Bitcoin-linked meme coin that rewards holders with real BTC airdrops as Bitcoin’s price rises. These airdrops will come at three separate price points – $150K, $200K, and $250K.
Alongside BTC airdrops, BTC Bull Token’s team will burn some of the supply when Bitcoin reaches $125K, $175K, and $225K. If that wasn’t enough, there’s even a staking protocol for BTCBULL offering yields of 84% per year.
More than 1.2 billion tokens have already been locked in this protocol, despite the presale still ongoing. So far, BTCBULL’s presale has raised $4.8 million, with tokens available for purchase at just $0.002475 each.
YouTubers like NASS CRYPTO have praised BTC Bull Token’s unique setup. This has helped the project’s Telegram channel grow to over 2,600 subscribers ahead of the official DEX launch.
With audits from Coinsult and SolidProof already complete, the stage looks set for an explosive market debut. That makes BTCBULL another of the best cryptos to buy after MetaPlanet’s latest Bitcoin investment.
Decentraland
One of the best-performing cryptos today is Decentraland. It has gained 11% in the past 24 hours, only trailing behind Stacks from the top 100 cryptos by market cap.
Decentraland is a metaverse project which allows users to explore a diverse virtual world and engage in various activities, such as attending events, buying digital wearables and art – or even owning their own piece of metaverse land.
The metaverse narrative was mostly left in the 2021 bull market, but with market conditions becoming increasingly bullish, it’s appears that this narrative is returning.
As one of the market’s top performers today, it’s clear that Decentraland could be among those leading the charge.
Something else to consider is that Decentraland continued to build through recent years, even while hype was abscent. For instance, it launched a “virtual fashion week” earlier this month, allowing creators and designers to showcase avant-garde digital wearables.
This continuous ecosystem development contributes to its price potential as the spotlight returns to the metaverse narrative.
Fartcoin
Fartcoin is a Solana-based meme coin ideated in a conversation between two AI agents.
But while its roots may be technologically impressive, the project’s core premis is primitive and juvenile – and that’s why meme coin traders love it.
Fartcoin has even drawn attention from institutional investors. For them, it’s the ideal blend of a fringe asset and something which is politically correct and can still be spoken about on major news talks shows.
In Fartcoin’s early days, it was suspected that institutions took deep positions in the asset, with one sleuth alleging that Sigil Fund, a fully regulated investor fund, bought $191,000 worth of the token.
It also received recognition from Bloomberg’s Senior ETF Analyst Eric Balchunas recently, which reaffirms its position as an interesting juncture for high-profile players.
And due to its position on the Solana chain, Fartcoin has a thriving community of retail investors.
All of this culminates into Fartcoin outpacing the market in bullish periods. For instance, it has gained 6% in the past 24 hours, while the total crypto market cap is up 2.6%.
This article is for informational purposes only and does not provide financial advice. Cryptocurrencies are highly volatile, and the market can be unpredictable. Always perform thorough research before making any cryptocurrency-related decisions.