World leaders are taking note as Trump’s pro-crypto playbook attracts business to the United States.
Options exchange Deribit is the latest firm to set up shop in the US, with others such as OKX, Nexo, Wintermute, and DWF Labs also planning to make the move there soon.
United Kingdom Prime Minister Keir Starmer has recognised the crypto vibe shift and will align the nation’s crypto rules with those of the US, rather than the European Union’s. This signals that the US’s pro-crypto stance is the winning move.
Meanwhile, Cointelegraph believes that Saturday’s election in Australia will bring pro-crypto laws no matter who wins – with both the Labor and Liberal parties quietly in favor of the technology.
As the world’s largest economy, the US’ actions send ripple effects globally. Its recent push toward crypto deregulation is kickstarting a new era for the industry – and it offers huge trading opportunities. So what are the best crypto to buy now?
Nexo
As mentioned, Nexo is one of the crypto firms planning to move its operations to the United States. Right now, it’s based out of Switzerland, and while the nation is known to encourage financial activity, its laws are stringent and could suppress innovation.
Once Nexo moves to the US, it will have greater agency to operate in a way that maximizes impact. This could lead to new product launches, partnerships, and much more.
Nexo is a DeFi project and wealth management app serving retail and institutional players. It allows users to earn yield on their crypto assets, swap cryptocurrencies, trade futures, and even spend their crypto in the real world.
The $NEXO token provides better deals when using the platform, such as discounted fees and higher yields. There are four reward tiers based on how much of your portofolio is in $NEXO. The higher your tier, the better rewards you’ll earn.
BTC Bull Token
But when it comes to crypto rewards, BTC Bull Token is raising the bar. It’s the first cryptocurrency to pay its holders Bitcoin.
And what’s interesting about $BTCBULL is that it’s not branded as an advanced DeFi project; rather, it’s packaged as a meme coin. This juxtaposition between unprecedented Bitcoin rewards and a light-hearted meme coin allure captures the essence of crypto culture.
Crypto is cutting-edge technology, but community members love to joke – hence why the meme coin market is worth over $59 billion.
BTC Bull Token will airdrop $BTC and $BTCBULL to holders at key Bitcoin price milestones, starting when it hits $100K.
The project is undergoing a presale and has raised $5.2 million so far. This shows strong market appeal, which, when combined with its innovative use case, signifies that the price could explode after hitting exchanges.
Raydium
Growing adoption in the crypto space will help lift crypto trading volume, something decentralized exchanges directly benefit from.
Right now, all eyes are on the Solana blockchain. It has the highest daily user base and trading volume of any blockchain.
This leads us to the question of what the top decentralized exchange on Solana is. And the answer is Raydium, which has processed $982 million in trading volume today.
But this isn’t the only reason $RAY could be a smart buy. The project also recently created its own meme coin launchpad, allowing users to create meme coins in seconds without coding.
Meme coins are an infamously popular asset class during bullish market periods, so this new feature will likely drive even more demand to Raydium in the coming months.
Render
Another of crypto’s most popular use cases is decentralized AI, and within that sector, Render may be the best crypto to buy.
GPU power is the lifeblood of AI. It’s required for both training and operating AI models. OpenAI Founder Sam Altman famously said that the demand for the company’s latest ChatGPT image generation model is “melting” its GPU hardware.
Render is crypto’s leading decentralized GPU marketplace, allowing AI engineers and GPU hardware owners to transact. It enables GPU owners to generate income from otherwise idle hardware and AI engineers to build unrestricted by previous computational limitations.
Render offers low-cost, elastic, and scalable GPU power on-demand. This eradicates the upfront cost of creating AI models and allows developers to buy only the amount of power they need at a good price.
As the market-leading GPU power provider, Render is well-positioned to grow alongside the broader AI industry.
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.