Q2 is around the corner, and smart money analysts are taking bets on promising presale cryptocurrencies to maximize their gains.
However, two names continue to come up in conversations about the leading crypto presales: Best Wallet token and Solaxy.
Both projects are experiencing substantial growth in their fundraising rounds, with Best Wallet token raising $11 million and Solaxy raising $26 million.
So what is it about these two projects that makes them a favorite with industry experts and investors alike?
Best Wallet to Revolutionize Crypto Storage
Best Wallet is a new cryptocurrency wallet that supports over 60 blockchains and is packed with innovative features. The project is currently running a presale for its native crypto, the Best Wallet token, which has raised $11 million so far.
$BEST provides holders with exclusive advantages such as trading fee discounts, higher staking yields, governance rights, and access to promotions on partner projects.
What separates Best Wallet from other crypto wallets is its fleet of built-in features. These include a cross-chain DEX, a presale aggregator, a staking aggregator, derivatives trading, advanced fraud protection, and an NFT gallery.
With wallets such as MetaMask and Phantom, users would need to juggle multiple decentralized applications to access all those features – Best Wallet houses them all inside its app. It’s a way to make using blockchains more user-friendly.
Because of this, the project has generated substantial growth, with over 250,000 monthly active users. And this figure is reportedly growing by 50% every month.
Given the innate utility of the Best Wallet token inside the app, this signifies there could be huge long-term demand.
These factors culminate in an exciting and prosperous outlook for the Best Wallet token, something great analysts have not overlooked. Prominent YouTuber Crypto Gains said the project could give “an easy 10x” and compared it to “investing in MetaMask if that had a token.”
Both MetaMask and Phantom are worth multiple billions of dollars. As such, Best Wallet’s $11 million presale raise indicates there could be huge room for growth. That’s why the $BEST presale is one of the leading picks ahead of Q2.
Solaxy Removes Solana’s Congestion Bottleneck
While Best Wallet token solves the complexity problem of crypto wallets, Solaxy is another new token with big ambitions. The initiative is developing Solana’s first-ever layer 2 blockchain to address its critical congestion challenges.
In times of peak activity, Solana is unable to handle the demand on its network, leading to longer wait times and failed transactions. The most recent example was when Donald Trump launched a meme coin on the network, which caused substantial delays for traders.
For the Solana ecosystem to keep advancing, scalability solutions are crucial.
Solaxy’s layer 2 network will handle some of Solana’s workload, using off-chain computation and transaction bundling technology to increase scalability. Solaxy will be cheaper, faster, and more reliable than Solana.
The project also leans into Solana’s meme coin roots, using memetic branding and artwork to align itself with the Solana community.
This balance between providing real value and cultural alignment has made Solaxy a huge hit in the Solana community. The presale is showing strong demand, and good analysts such as Jacob Bury are backing it.
In a recent video, Bury even said the project could “make millionaires” after it lists on exchanges.
Like Best Wallet, Solaxy has a huge addressable market. Solana is worth over $65 billion right now, leaving substantial room for $SOLX to grow, considering it has raised $26 million.
For investors who buy Solaxy, this could lead to massive gains.
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