Quick Facts:
1⃣ $BSOL and $GSOL have recorded nearly $200M in inflows within a week of launch, marking one of the strongest ETF debuts in crypto history.
2⃣ The massive investor interest signals confidence in crypto’s long-term potential, with recent sideways action likely just a healthy consolidation phase.
3⃣ Now’s the time to look at the best altcoins to buy, like $HYPER, $PEPENODE, and $TRUMP.
The first-ever staking-enabled spot Solana ETFs from Bitwise ($BSOL) and Grayscale ($GSOL) launched within a day of each other last week and have taken the market by absolute storm.
That said, it’s worth mentioning that $BSOL, which launched on October 28, a day prior to Grayscale’s $GSOL, currently dominates this two-player party with over $197M in net inflows.
According to Eric Balchunas, the fact that $GSOL launched a day after $BSOL caused it to lose some steam, as investors poured into the first available opportunity.
Even so, $GSOL’s $2.2M in cumulative net inflows is impressive, especially considering it carries a higher 0.35% fee, compared to 0.2% for $BSOL.
Such strong investor interest in a product that makes crypto more accessible to the public is a clear sign that there is undoubtedly huge demand for these tokens.
In all likelihood, it’s a healthy consolidation phase where crypto is resting and gathering steam before its next major rally.
Now, if you want to get positioned before the larger bullish trend resumes, consider investing in low-cap, under-the-radar altcoins that could 10x, 100x, or even 1000x your investment.
That’s because $HYPER is building a new Layer-2 solution that will bring Solana-like speeds, low fees, and Web3 support to Bitcoin.
It’s worth noting that a non-custodial canonical bridge will power seamless interaction between Bitcoin’s Layer-1 and Hyper’s Layer-2 networks.
It’ll lock your original Bitcoin and mint an equivalent amount of Layer-2 compatible tokens, allowing you to seamlessly access the SVM-powered Web3.
The best part? Bitcoin Hyper is currently in presale, which means you can grab it for a super low price of $0.013205.
When PepeNode’s TGE (token generation event) completes and its virtual mining simulator goes live, rewards in the form of free $PEPENODE, $PEPE, and $FARTCOIN tokens will be distributed to the top players on the leaderboard.
The best part about PepeNode is that, unlike traditional crypto mining, it’s extremely affordable and doesn’t require any technical know-how to get started.
The only caveat is that you’ll need to experiment with different combinations of meme nodes, since each one carries unique characteristics, mining capabilities, and compatibility factors.
Currently in presale, PepeNode has already raised over $2M from early investors, with each token priced at just $0.0011272.
However, since then, Donald Trump’s declining popularity among market participants, largely due to his tariff wars, has led to a steady decline in $TRUMP’s price.
Now though, in light of the U.S.’s latest trade deal with China and Donald Trump’s pro-crypto moves, most notably his pardoning of the hyper-popular Binance founder CZ, a strong revival has taken place in his own meme coin, which is now up over 40% in the last 10 days.
Most importantly, $TRUMP has now broken out of a long-drawn downward-sloping resistance line and looks primed for a strong rally – one that could take it to around $24, representing a massive 220% gain from current levels.
Disclaimer: Invest in crypto only after doing your own research. The market is highly volatile and unpredictable. None of the above information is financial advice.