Best Altcoins to Buy as Institutional Bitcoin Buying Set to Outpace Retail
Bitcoin has emerged as the markets top hedge option against rising geopolitical uncertainty and cross-border tensions. The institutional adoption of $BTC has increased during the last couple of months.
Sergej Kunz, founder of 1inch (exchange aggregator), said that retailers might not have much time to accumulate the digital asset.
As per Kunz, every retailer should plan to own at least one Bitcoin right now. In the near future, retailers might not be able to afford the asset as institutional buying pressure may propel the prices beyond $200K.Keep reading to find out more about the upcoming rally in digital gold. Well also suggest the best altcoins you can add to your portfolio for massive gains.
The Race Towards Bitcoinization
Ever since Trump announced the formation of a US Bitcoin reserve, there has been a race among countries to hoard the asset.
During April 21-25, more than $3B were invested in Bitcoin ETFs. As of May 1, these ETFs and institutional funds hold more than $128B worth of $BTC.
Countries like the UK, the US, and China hold more than $130B worth of the asset. Other countries like Ukraine, Bhutan, and El Salvador also own a sizable chunk of $BTC.
Institutions like Strategy own around 538,200 Bitcoins, buying more than 4.5 times the amount of $BTC being mined every day.
Analysts believe that such heavy institutional buying can propel Bitcoins price to a whopping $1M.
Bitcoin is being increasingly viewed as a safe haven in times of uncertainty, similar to how gold is viewed.
Currently trading around $97K, $BTC is nearing the $100K mark and may soon break its all-time high of around $109K.
With the price still ripe, this is the best time to buy Bitcoin. However, theres no arguing that its really expensive.
If youre looking to make the most of Bitcoins bull run but without burning a hole in your pocket, here are three tokens worth buying.
1. BTC Bull Token ($BTCBULL) Best Altcoin to Buy Now, Get Free $BTC
If you want to follow the footprints of large institutions and ride Bitcoins upcoming rally, BTC Bull Token ($BTCBULL) is possibly the best crypto to buy now.
Its unlike any other Bitcoin-themed meme coin on the market, seeing as its the only one that gives $BTC in its airdrops to its token holder.
Essentially, every time Bitcoin crosses a brand-new milestone, such as $150K, $200K, and $250K, $BTCBULL holders who have stored their cryptos in Best Wallet will receive free (and real) $BTC.
Another reason weve predicted $BTCBULL to jump nearly 400% by the end of 2026 is its deflationary mechanism.
Simply put, the developers will burn a part of the token supply every time $BTCs price rises by $25K. As the amount of $BTCBULL tokens in circulation will keep decreasing, it will increase the tokens demand and price.If youre a Bitcoin maximalist, this is the best time to buy into the BTC Bull Token presale, which has raised over $5.2M so far. Thats because each token is available for a low price of $0.002495. Heres how to buy it.
2. MIND of Pepe ($MIND) Top AI Agent Coin on the Market Today
A Bitcoin bull run is likely going to result in increased market penetration for crypto assets as a whole. That means more and more people will be owning cryptocurrencies.
However, with education in the industry running thin, youd need a token like MIND of Pepe ($MIND) that can point you towards the best cryptos to invest in.
At its heart, $MIND is an AI agent designed to study social trends and community sentiment to identify cryptos that could be the next to explode. However, wed like you to think of $MIND as your own crypto investment buddy.
This autonomous AI system, which is launching on May 10, by the way, will interact with crypto influencers online, read their biases and insights into crypto, and finally use its hive-mind intelligence to find out which tokens are in a pole position to skyrocket on account of the attention theyve been getting from the market participants.
Whats more, MIND of Pepe will also be launching its own tokens as it develops further. Access to these, too, will be reserved for $MIND holders.
If you want to benefit from $MINDs revolutionary powers, become an early investor in the project.
Its currently in presale ($8.6M+ raised), and each token is selling for just $0.0037515. Check out our guide on how to buy MIND of Pepe for more info.
3. Turbo ($TURBO) Trending Meme Coin Created by GPT-4
Turbo ($TURBO) has been one of the most successful meme coins in recent times.
Even though $TURBO launched in 2023, it didnt gain much attention until June 2024. After a ferocious rally that lasted till January, the token saw a steep decline.
Now, however, its one of the top trending cryptos. $TURBO is up over 200% in the last month and a total of 860% in the last year.
Moreover, with a current price of just $0.005199, $TURBO could be a great purchase if you want to ride the Bitcoin-led crypto wave.
Its worth noting that $TURBO is considered the first meme coin to be completely created by AI (GPT-4, to be precise). Similar to the best meme coins, $TURBO, too, runs on community hype and virality.
DYOR Before Buying the Best Altcoins
Despite Bitcoins potential to send the crypto market in an upward spiral, lets not forget just how volatile the instrument can be.
It also means that your investments in crypto arent guaranteed to fetch you the desired returns if market conditions arent favorable.
We suggest investing only a small amount and always doing your own research before diving into crypto. Please note that our articles arent financial advice.
Text source: NewsBTC
