The US House of Representatives declared the week of July 14 ‘Crypto Week’ as it pushes forward on multiple major pieces of crypto legislation. The house is set to take up two versions of a stablecoin bill as well as a market structure bill, which together could chart a clear path forward for the crypto industry in the US.
The legislative action comes after months of deliberation and urging by crypto industry executives, who have warned that confusion over crypto regulation in the US could hold back innovation and harm consumers. So, it’s little surprise that industry leaders—along with retail crypto investors—are celebrating the move by the House to push a quick vote.
What remains to be seen is how crypto prices will respond to legislative developments over the coming days. Has the market already priced in the news, or could this kick off another rally in token prices? We’ll dig in and highlight three tokens investors should watch for gains.
Crypto Week Could Send Token Prices Soaring
While the crypto market has a habit of ‘selling the news,’ things are looking different this time around. The price of Bitcoin hit a new all-time high this week as Congress deliberated on crypto legislation, indicating that buying activity is picking up as new regulation becomes more likely.
That makes sense from a fundamental perspective. Clear crypto regulations would remove uncertainty that have prevented many major crypto exchanges from operating in the US and many investors from buying crypto. The ultimate point of Congress’s crypto framework is to clear hurdles and enable more Americans to participate in the digital asset revolution—which is positive for token prices since it creates more demand.
It’s also noteworthy that Bitcoin appears incredibly strong from a technical perspective. The original crypto didn’t just touch a new all time high. It rocketed past $112,000 and climbed past $118,000, showing that there’s plenty of gas in the tank to notch higher highs. That’s likely to generate headlines around $BTC and bring in crypto-curious investors who have been sitting on the sidelines in recent months. Already, Bitcoin trading volume is the highest it’s been in months.
Other major cryptos are also surging, indicating the boost from anticipated crypto legislation is broad-based. Ethereum is up nearly 18% in the past 7 days of trading, while $XRP is up 23% and Solana is up 10%. Even meme coins are jumping on the news—Dogecoin is up 24% and the meme sector as a whole has added $13 billion in market cap.
The bottom line is that Crypto Week doesn’t look like it’s going to bring a peak in prices. Rather, it looks more likely to be the catalyst for a sustained rally that could see numerous major cryptos hit fresh all-time highs.
3 Cryptos to Buy for Maximum Gains Ahead of Crypto Week
So how can crypto traders and investors position themselves to be ready for this coming surge in prices? The best approach is to look for small-cap and emerging tokens that could be among the biggest beneficiaries of a new regulatory environment in the US. We’ve identified three cryptos that have the potential to explode higher after Crypto Week.
Bitcoin Hyper
Bitcoin Hyper ($HYPER) is the first Layer-2 scaling solution built on top of the Bitcoin blockchain. It’s already seeing a surge of investment thanks to the new all-time high in $BTC, and it could see even more explosive growth if Congress’s crypto legislation passes.
That’s because Bitcoin Hyper enables the Bitcoin blockchain to support an endless array of dApps and new tokens, including new stablecoins and DeFi projects. It could open up the Bitcoin blockchain to some of the same development that Ethereum is famous for, but with the added trust and global reach of Bitcoin.
In addition, Bitcoin Hyper could dramatically cut $BTC network fees, enabling the token to be widely used for everyday transactions. With crypto legislation in place, many US businesses are expected to begin taking digital assets payments. Bitcoin Hyper’s Layer-2 network and its $HYPER token could play a central role.
Bitcoin Hyper uses a custom Solana Virtual Machine smart contract, the Bitcoin Relay Program, to ensure the network is completely secure and all transactions are verified on the Bitcoin mainnet. Users can instantly bridge from Bitcoin to Bitcoin Hyper and back, making this the trustworthy solution that $BTC holders need.
The $HYPER token is only available to buy on presale at this time, which means investors can lock in tokens at a discounted price. However, the presale has raised $2.5 million and is selling out fast, so there’s no time to wait to join Bitcoin Hyper. Visit Bitcoin Hyper.
Snorter Token
Snorter Token ($SNORT) is another emerging cryptocurrency with the potential to deliver massive returns in the wake of new crypto legislation. The project is building an ultra-fast, Telegram-native crypto trading bot—exactly what traders and first-time crypto users need to approach the market as new, regulated tokens begin trading on exchanges.
The Snorter bot will feature all the tools traders need to be successful in the post-regulation crypto market. An ultra-fast swap will make it easy to enter and exit positions with strong liquidity. A meme coin sniper will let traders profit off of just-launched tokens. And a honeypot detection algorithm will ensure that investors steer clear of money-losing scams.
The project’s native $SNORT token offers Snorter bot users a discounted fee of 0.85%, compared to 1.5% for using the bot without $SNORT. That makes Snorter the most cost-effective crypto trading bot on the market and means demand for $SNORT coins could explode as new crypto users learn what this bot is capable of.
The project has also set aside more than 25% of its token supply for community rewards, including staking, creating even more incentive for users to hold $SNORT. During the Snorter token presale, happening now, early investors can stake their tokens and earn up to 212% APY.
The $SNORT presale has raised more than $1.75 million in just a few short weeks, and momentum has picked up dramatically since the House announced Crypto Week. Look for this token to be one of the biggest new launches of the year once it hits exchanges—likely right around the time that President Trump is signing new crypto rules into law. Visit Snorter.
Berachain
Berachain ($BERA) is a small-cap Layer-1 blockchain that could see massive growth if the House’s crypto market structure bill passes. It’s designed as an ultra-fast Ethereum competitor and uses a new form of security, called Proof of Liquidity (PoL), to verify transactions. This mechanism incentivizes for efficient liquidity allocation on-chain, enhancing the overall functionality and scalability of dApps on Berachain.
The crypto legislation is crucial because US regulators have taken a hostile approach to Layer-1 blockchains other than Ethereum, which has stymied investment and made developers wary of building on a new chain. With market structure legislation in place, Berachain’s $BERA token could be registered as a legitimate digital entity, clearing the way for developers to build on Berachain and incorporate $BERA into their projects.
Berachain is fully compatible with the Ethereum Virtual Machine, so developers could rapidly migrate existing Ethereum projects for DeFi, GamingFi, DePIN, and more onto Berachain. The blockchain also has built-in support for Layer-2 networks, ensuring that Berachain can scale massively as it attracts new users.
The $BERA token currently has a market cap of less than $250 million and it’s 85% down from its all-time high set in February. That signals that the token could be oversold and poised for a sharp rebound. $BERA is up nearly 25% in the past 7 days, indicating it’s already seeing a bounce from the news around Crypto Week.
This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.
Source: https://bravenewcoin.com/sponsored/presale/best-cryptos-to-buy-ahead-of-crypto-week-will-the-market-rally-again