The news that the US will create a so-called crypto strategic reserve surely made a lot of waves in the crypto community. The cryptos that will be included are Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP (XRP), and Cardano (ADA). This has started changing the crypto market more intensely, making it very volatile.
There are some indications that ADA is gearing up for a major breakout, so we will scratch the surface and explore it more. In addition, Solaxy ($SOLX) and BTC Bull ($BTCBULL) are being in focus as the best cryptos to buy now due to their utility and the genuine potential to explode after the listings, so let’s check out why!
Can ADA Smash Past $3 in March?
The US president’s announcement about the crypto reserve has greatly impacted Cardano (ADA). Its value increased by 50% in the first 24 hours after the announcement, but that didn’t last long. According to CoinMarketCap, the value of ADA is $0.7082, and there has been an 18.84% price drop in the past seven days.
Many investors hope that ADA could be gearing up for a major breakout leading to its previous all-time high, $3,10, which it achieved on September 2nd, 2021. Despite the optimism, the more realistic price would be $1.20, and that is only possible if it manages to maintain its value above $0.98 support.
A lot can change in two weeks, especially in the crypto market, so anything is possible. However, investors are not keeping their eggs in one basket and are directing their attention towards the best cryptos to buy now.
Solaxy ($SOLX) – Crypto Recognized As The Best Crypto To Buy Now
Solana is again in the spotlight now that it will become part of the crypto reserve. However, its bottlenecks frustrate most investors. Luckily, Solaxy ($SOLX) emerged as the perfect solution, which is why many recognize it as the best crypto to buy now.
It uses Solana Layer 2 to resolve issues such as failed transactions, congestion, and scalability limitations. It addresses these issues head-on and gives investors a chance to enjoy this multi-chain token, which provides high-speed, no downtime, and is entirely customizable.
It is the alternative to Solana that the investors wished for since it is affordable and gives investors a chance to enjoy a whole new level of effectiveness and utility. This means that meme coin trading is fully democratized, so even beginners can benefit from it to the fullest.
The $SOLX presale is a massive success since more than $26,1 million has been raised, showing strong support from the investors.
Visit the Solaxy ($SOLX) presale
BTC Bull ($BTCBULL) – Popular ICO Gaining Increasing Support From The Community
BTC Bull ($BTCBULL) presale is progressing quickly. Its utility attracts investors to join and invest since it connects Bitcoin and the meme coin vibes. $BTCBULL is closely connected to Bitcoin’s success. Since Bitcoin’s value is expected to go up to $200k this year, BTC Bull is the best crypto to buy now to prepare for the following period.
Even though the current value of Bitcoin is $82,454.74, there are nine more months for this optimistic expectation to become a reality. BTC Bull aims to reward the $BTCBULL holders whenever Bitcoin hits a new milestone. That is only a part of it since the burning mechanism will also be triggered at the same time.
Burning $BTCBULL tokens will ultimately decrease the number of tokens in circulation, pushing their price up. That will certainly benefit investors in the long term. The $BTCBULL presale is progressing quickly, so more than $3,5 million has been raised so far.
Visit the BTC Bull ($BTCBULL) presale
Conclusion
The situation doesn’t look so good for Cardano at the moment, but some investors remain optimistic that things could change for the better soon. Looking at its current value drop, it is not highly likely that its price will explode suddenly, but we will keep monitoring it further.
On the other hand, Solaxy ($SOLX) and BTC Bull ($BTCBULL) presales are progressing quickly as the crypto community recognizes their potential. When looking for the best crypto to buy now, they cannot be overlooked, which is why their popularity is expected to keep rising.
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