Crypto exchange giant Coinbase just smashed through a massive new milestone, with its market cap soaring past $100B.
The company’s stock soared mostly thanks to increased adoption from newcomers and some new, favorable regulations. On Monday, Coinbase’s stock closed at $349.01 per share, hitting a peak of $398.50 as Bitcoin shot to new record highs.
Coinbase’s shares have popped 50% in the last month alone, boosted by the successful IPO of Circle Internet Group and positive U.S. regulatory news (like the establishment of Crypto Week for debating crypto bills).
That’s not all Coinbase is celebrating, though. Two months ago, on May 19, the company breached the S&P 500 index. This makes it the first crypto company to join the benchmark and prove that crypto is here to stay.
Bitwise CIO Matt Hougan had predicted this success, even suggesting Coinbase could eventually become a trillion-dollar company.
A Rally Driven by Crypto’s Mainstream Embrace
Coinbase’s stock rally isn’t just about the company; it’s a sign of the crypto markets’ overall recovery and growing popularity in politics and the financial mainstream.
The company’s shares have skyrocketed from its all-time low in late 2022 of $45.98, a time when many were doubting the future of digital assets after the FTX collapse.
This resurgence has been helped by new political allies, including President Trump, a now ardent crypto supporter, who aims to make the U.S. a ‘crypto-capital.’
Another big boost for Coinbase is the recent stablecoin legislation progress. The U.S. Senate just approved a bill for dollar-pegged stablecoins, which are becoming a reliable way to pay and a growing source of revenue for Coinbase.
This stablecoin move is a game-changer, as it helps Coinbase rely less on trading fees. With Republican leaders preparing to pass a stablecoin bill this week, the future looks bright for crypto and Coinbase.
Amid the positivity and mainstream adoption, you might be asking what are the best cryptos to buy as Coinbase hits $100B?
The time seems right to be getting in on the action, and innovative projects like Snorter Token ($SNORT), chill vibes like Just A Chill Guy ($CHILLGUY), or humor tokens like TOKEN6900 ($T6900) could see you getting ahead of the curve.
1. Snorter Token ($SNORT) – Unleash Your Inner Sniper
Tired of getting wrecked in the fast-paced world of meme coins? Say hello to Snorter Token ($SNORT). It’s your ticket to a smarter, faster, and safer trading experience, all powered by the Snorter Bot on Telegram.
Unlike other projects that can be all hype, $SNORT brings real utility to the table, especially for those looking to get in on the ground floor.
Holding $SNORT unlocks powerful tools designed to give you an edge, including a sniping feature that helps you get in on new token launches instantly.
You’ll also get access to lightning-fast swaps, copy trading, and automated alerts that can help you avoid scams.
Plus, you’ll slash your trading fees from 1.5% to 0.85%, letting you keep more of your hard-earned gains. $SNORT has been going strong in its presale and has raised almost $2M.
2. Just A Chill Guy ($CHILLGUY) – Sit Back, Relax, and Embrace the Chill
Crypto can be high-pressure. If you’re tired of that, take a deep breath and meet Just A Chill Guy ($CHILLGUY), the token that embodies the viral ‘Just a chill guy’ meme.
It’s not about groundbreaking technology. It’s a community-driven movement built on a simple, relatable idea: staying calm no matter what the market throws at you. That’s advice we could all stand to benefit from in the crazy modern world.
Built on the superfast and low-cost Solana blockchain, $CHILLGUY offers a way to take part in crypto culture without all the stress.
The tokenomics are simple and fair, with a total supply of $1B and nearly all of it in circulation. It’s an investment in a laid-back lifestyle, a reminder that in the chaos of the volatile market, sometimes the best strategy is to just stay chill.
You can buy $CHILLGUY from exchanges for around $0.06433.
3. TOKEN6900 ($T6900) – All Humor, No Promises, No Lies
Some crypto projects promise the moon with complex roadmaps and useless utility, not TOKEN6900 ($T6900), which promises… literally nothing! It’s the meme coin that’s refreshingly honest and has no pretenses.
TOKEN6900 has no roadmap, no use case, and no grand plans. It’s built on one thing: pure ‘vibe liquidity.’ It’s a satirical jab at the entire crypto market, a token for traders who are tired and just want to embrace the absurdity.
$T6900 is an ERC-20 token with a fixed supply and zero inflation. Early buyers can get in on staking rewards, currently sitting at 107%.
TOKEN6900 is the ultimate anti-establishment token, proving that in a world of lies, honesty, and a whole lot of memes, is the real utility.
Navigating the New Crypto Frontier
As the crypto market gets more mainstream and big players like Coinbase hit new highs, there are all kinds of opportunities out there. From projects with real-world utility, like $SNORT, to pure vibe tokens like $CHILLGUY and $T6900, there’s something for everyone.
While it’s cool to see digital assets becoming a bigger deal, just remember the market is still volatile. Always do your own research, know the risks, and make smart moves before you jump in. Only invest what you can afford to lose.
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-crypto-to-buy-coinbase-hits-100-billion