Crypto bulls are soldiering on this week, as the total valuation of all cryptocurrencies combined rises to $3.7 trillion \u2013 up from its low of $3.6 trillion yesterday. Altcoins are slowly recovering, with Bitcoin (BTC) and Ethereum (ETH) crawling up by 1% each. However, BNB (BNB), Binance\u2019s native token, has broken away with a 4% increase that puts it more than 10% up month-on-month.<\/p>\n
A pair of history-making BNB exchange listings (on both Robinhood and Coinbase) have ignited this new rally. The Coinbase listing is particularly notable, as Binance and Coinbase are generally considered to be friendly rivals within the crypto industry. Binance is the largest exchange by trading volume, while Coinbase is the largest exchange specifically in the US \u2013 and now provides significantly more liquidity for investors looking to add BNB to their portfolios.<\/p>\n
As a result of these groundbreaking moves, Web3 infrastructure projects are now in the spotlight, which is why Best Wallet Token (BEST)<\/a> is gaining more attention. Although it\u2019s still in its presale, BEST is the native token behind Best Wallet (a rapidly rising crypto management platform with over 250,000 monthly users), and has raised almost $17 million ahead of its end-of-year launch.<\/p>\n As TradFi capital floods into the crypto market via Wall Street ETFs and collaborations, the smartest projects are working to team up and make themselves more appealing to deep-pocketed institutions. At the same time, no serious crypto exchange wants to miss out on the chance to generate trading fees by listing top-trending tokens. As a result, BNB<\/a> \u2013 a token almost exclusively associated with Binance \u2013 is now being listed by two of the other biggest names in the crypto space.<\/p>\n It\u2019s also worth noting that the BNB listing announcements by Robinhood<\/a> and Coinbase<\/a> both dropped yesterday \u2013 nine days after BNB hit its all-time high of $1,375 on October 13. Since BNB\u2019s record-breaking run also emerged from its rebound following October 10\u2019s historic market crash, it\u2019s clear that this coin\u2019s performance has convinced even rival exchanges to get on board and start profiting from investor interest themselves. This in turn bodes well for BNB\u2019s future \u2013 and the legendary analyst TraderSZ has even set new BNB price prediction targets that stretch over the $2,000 mark.<\/p>\n BNB\u2019s fundamentals are obviously solid, given its connection to Binance and BNB Chain \u2013 which now supports over $8.54 billion in TVL (Total Value Locked) within DeFi protocols. Decentralized finance enthusiasts are also rushing to get involved following BNB Chain\u2019s Maxwell upgrade, which halved block times to 0.75 seconds.<\/p>\n These factors make BNB a strong long-term hold, with potential gains of nearly 2x if TraderSZ\u2019s most optimistic scenario comes to pass. But for smart money investors, greater profits can be generated elsewhere \u2013 especially in infrastructure-focused presale projects like Best Wallet Token (BEST)<\/a>.<\/p>\n When hype explodes around a mainstream coin like BNB hitting new highs, it\u2019s normal for buyers to rush in and try to gain the most from the blue-sky bull run. Subsequent pullbacks are often met with calls to buy the dip \u2013 but sooner or later, the price is more likely to pull back, correct, or even collapse entirely. Shrewd players and whales recognize this pattern ahead of time, and shift their attention to similar plays with more upside potential instead.<\/p>\n Now that crypto exchanges and core Web3 infrastructure have clearly shown narrative strength and support from bulls, Best Wallet Token (BEST)<\/a> has begun raking in even more capital than before \u2013 driving its fundraising total to $16.6 million. Crucially, BEST is the native token of Best Wallet \u2013 an innovative crypto wallet that over 250,000 users access every month, and has its own built-in DEX, token launchpad, dApps, iGaming integrations, and more.<\/p>\n After it launches later this year, Best Wallet Token will give holders trading fee discounts, VIP early access to launchpad projects, improved staking yields via Best Wallet\u2019s hotly-anticipated staking aggregator, and project governance votes. While BNB could bring in 2x gains, BEST has been tipped as a potential 100x gem by experts like Borch Crypto, who has 93,000 followers on social media.<\/p>\nBNB\u2019s Success Boosts Fundamental Web3 Investments<\/h2>\n
How Best Wallet Token Capitalizes on the Latest Market Trend<\/h2>\n