Best Crypto to Buy Now as Putin Instructs Russian Central Bank to Reassess Bitcoin Policies

Things have started to take a turn on the regulatory front as President Putin has just instructed the Russian Central Bank to reassess Bitcoin policy.

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As investors like Lark Davis believe that this could lead to nation-state FOMO ramping up, the hunt to find the best crypto to buy has started already.

Limited Investors can Now Engage in Crypto Trading

According to the news from The Street, the central bank of Russia has recently proposed that a few investors will now be allowed crypto trading. The said proposal has been sent to the government for discussion, and it states that a limited circle of investors would get a chance to trade crypto in a special experimental legal regime for three years.

Only investors with securities and deposits exceeding 100 million rubles – $1.14 million – or income exceeding 50 million rubles will be able to trade cryptos.

This news comes as a positive from a country that in December, 2024, decided to put a blanket ban on Bitcoin mining until 2031. As this could mean more institutional interest in Bitcoin, investors should act and find the best crypto to buy now.

Best Crypto to Buy Now – Top List

Best Wallet Token

Best Wallet Token is a cryptocurrency powering Best Wallet, one of the fastest growing wallets on the market whose decentralized appeal has allowed it to gain multiple users. A multi-chain wallet, Best Wallet presents an evolving ecosystem whose services aren’t limited to the simple matter of swapping and storing tokens, but trading crypto is also a possibility.

This is done through an Onramper, which makes it easy to buy crypto on fiat. Other utilities provided by Best Wallet include staking opportunities, portfolio management, market insights, and the token launchpad.

The Token Launchpad, also known as “Upcoming Tokens” is a unique feature of Best Wallet that lets investors find the best crypto ICOs before they are launched to the public. This approach to finding presales while they are at their “zero” stage is why Best Wallet Token is primarily getting traction. 

Best Wallet Token is a utility crypto enhancing these features. Those who hold it will get lower transaction fees, higher yield staking opportunities and even earlier access to crypto presales. The token itself is also on ICO and has raised over $11 million so far.

BTC Bull

As the crypto community expects Russia’s latest crypto move to ramp up Bitcoin buys and put the token in the green zone again, BTC Bull could be considered the best bet to capitalize on the bull run. Created by a community of those bullish about Bitcoin, BTC Bull is a way to give meme coin investors a chance to gain from Bitcoin’s growth.

While it is common for meme assets to follow Bitcoin’s trajectory, what makes BTC Bull unique is that its approach is quite deliberate. Launched as a presale when Bitcoin reached $100K, BTC Bull has put a milestone in place in which its perks will be unlocked every time the BTC price goes up by $25K.

Bitcoin reaching the $125K level will unlock the token burn and when the $150K target is reached, Bitcoins will be airdropped. This will happen alternatively until the BTC price reaches $250K, after which a BTCBULL airdrop will commence.

YouTubers like Alessandro De Crypto have pointed out that huge gains are possible for this token when the bull run arrives. Bitcoinist.com has also added it to the list of 3 best meme coins to invest in.

While the appeal of this token is simplistic, the possibilities of profits are high. While the regular market is not doing too hot right now, BTC Bull could be a good companion meme coin to invest in while waiting for the bull run to arrive.

Chainlink

In a surprising turn of events, Chainlink is one of the few high-cap cryptos that has been able to surge by high single digits on the intraday charts. While much of this growth could be attributed to Bitcoin’s recent bounce, another reason could be the presence of Chainlink’s founder Sergey Nazarov in Donald Trump’s White House Digital Asset summit.

Daily charts show that the LINK price has gone up by more than 5% in a single day and it is currently trading around the $14 level. With a market cap close to $9 billion, the utility token is trading in the green, and it could rise further as the blockchain tech becomes more accessible.

As of right now, those wanting long term investment could consider Chainlink one of the best cryptos to buy now.

On the development front, Chainlink is turning heads by highlighting the recent update by Jasmy, which has adopted Cross-Chain Token (CCT) standard, which makes it transferable via Chainlink CCIP.

Meme Index

Meme Index is another suitable addition to this “best crypto to buy now” list since it addresses the very essence of becoming successful as a meme coin investor – diversification. Meme Index is the world’s first decentralized meme coin index, which makes it different from standard indices that rely on a single parameter to rebalance themselves.

Meme Index has given the control of index rebalancing to the community itself. Thanks to its MEMEX token, which is a DAO crypto, users can decide which asset to add and remove from the indices. This style of rebalancing is more suitable since it also takes sentiment indicators into account.

Furthermore, Meme Index does not limit itself to a single meme coin Index. It lets investors choose between four different versions based on their requirements. Seekers of popular meme coins could pick the Meme Titan Index, and crypto watchers looking for the next big meme coin could pick the Meme Moonshot Index.

Meme Midcap Index is suitable for midcap investors willing to take risks and for the degens, individuals with high risk appetite, there is the Meme Frenzy Index.

Also available on presale, Meme Index has managed to raise upwards of $4 million to date. While the pace of its presale has slowed down, it is perfect since the current market is very volatile and even if MEMEX makes its entry late, that could allow it to launch during the bull run, which, in turn, could let it have an explosive debut on a cryptocurrency exchange.

Summary

While the news of President Putin finally taking Bitcoin seriously could lead to the bull run to arrive early, times are still uncertain. That’s why investors should pick the best crypto to buy now wisely. While a few of currently trading cryptos have shown positive signs, investing in crypto ICOs is a better option.

They can help you make gains without being subjected to market’s volatility and their listing on exchanges at the right time could give early buyers explosive levels of profits.

This publication is sponsored. CryptoDnes does not endorse and is not responsible for the content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any action related to cryptocurrencies. CryptoDnes shall not be liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any content, goods or services mentioned.

Kostadin Dimitrov