Weekend traders who were bracing for another flush lower watched the majors mostly tread water instead. The top coins have slowed their fall, with Bitcoin, Ethereum, and XRP trading in narrow ranges over the last 24 hours.
Rate cut expectations have grown after recent comments from Federal Reserve officials and reports indicating cooler inflation prints. Market analysts are leaning toward a more dovish stance over the next year, including the end of quantitative tightening and the possibility of renewed liquidity support if growth slows.
That mix of macro caution and long-term optimism has pushed many investors back toward early-stage opportunities. Even while blue chips have been down, several high-profile crypto presales have pulled in eight-figure totals, helped by investors hunting for asymmetrical upside while spot prices consolidate. In this environment, Best Wallet Token (BEST) is a highlight, merging a full-fledged wallet app with a native token that’s still attracting steady inflows in the last days of its presale.
With BEST available at $0.025995 in the final stage, the presale has already raised more than $17.4 million and is closing in on 60,000 participants. The sale is due to end on November 28, so there are just over three days left before launch and token claims begin. Could BEST be launching just in time to catch a market reversal?
Crypto Market Stabilizes as Traders Debate the Next Bear Phase
Bitcoin’s price is still down around 10% on the week after sliding into the mid-$80,000s, but over the weekend it traded in a relatively tight range rather than extending the sell-off. Ethereum and XRP behaved similarly, with ETH about 12% lower on the week and XRP down around 9%, but with smaller day-to-day swings since Friday.
That pattern is fueling the debate on whether we are already in a bear market. According to CoinGecko’s Q3 report, there are two opposing factors to consider. On one hand, the majors are well below their recent highs – and spot ETFs have seen significant outflows. On the other hand, the broader market is still far above 2022 levels, and long-term holders have not capitulated in the way you’d expect in a deep winter.
The November downturn also had a considerable impact on the Trump Media & Technology Group. During the slide, the stock hit record lows, wiping out roughly $5 billion in paper wealth for the president’s family, according to recent estimates, but Trump has not indicated a withdrawal from crypto despite the loss.
At the same time, the analyst Ash Crypto on X highlighted data showing BlackRock moving almost a quarter of a billion dollars’ worth of Bitcoin and more than $100 million in Ethereum into Coinbase in a single batch. That sort of institutional-scale activity suggests big players are repositioning rather than walking away from the market altogether.
Put together, the state of the market reflects a cyclical drawdown within a long-term uptrend. The latest downward moves have been sharp, but it does not yet indicate the start of an ice age. In that kind of environment, investors looking beyond BTC, ETH, and XRP are increasingly turning to presales like Best Wallet Token for higher-beta exposure when sentiment turns.
Best Wallet: A Non-Custodial Web3 Super App Designed With BEST in Mind
Best Wallet is not a concept-stage idea. It’s a live, non-custodial, multi-chain wallet app available for Android and iOS, with thousands of public reviews and an average rating of 4.5 stars on the Apple App Store. Users can manage assets across more than 60 blockchains, including tier-1 cryptocurrencies like Bitcoin and Ethereum, as well as a broad selection of brand-new coins.
Inside the app, a built-in cross-chain DEX aggregator pulls liquidity data from hundreds of decentralized exchanges and dozens of bridges to route swaps at competitive rates. There’s also an integrated dApp browser, and a fan-favorite presale launchpad where users can access curated early-stage coins before they enter the market via exchanges.
The BEST token is designed as the utility and rewards asset that powers this ecosystem. This ERC-20 token will underpin staking rewards, fee discounts inside Best Wallet, and access to unlock stage-zero access to curated presales. The token has a total supply of 10 billion, and no private-sale allocation.
A recent YouTube review of BEST from WEB3 Planet walks through the Best Wallet app, and argues that a token launching into a live app that was purpose-built to house it is what could give BEST 100x potential. For many retail traders, the real-world use case that BEST is inherently tied to is what gives the token true value going into the next cycle.
Best Wallet Token Presale Nears Friday Finale at Last-Stage Discount
At today’s stage price of $0.025995, the BEST sale has attracted more than $17.3 million in contributions, with close to 60,000 unique buyers taking part so far. Investments continue undiminished, both in small contributions as well as higher-ticket entries. In just the past few days, Etherscan recorded several larger investments, such as a 4.5 ETH purchase on Friday and a 4.9 ETH one on Saturday, worth roughly $12,000 and $14,000, respectively.
Many investors have chosen to stake immediately, as BEST has been offering very attractive yields throughout the presale, with the APY still reaching 75%. That yield profile, combined with Best Wallet’s live user base, has turned staking into a popular way for early buyers to commit for the longer term while waiting for the token to list.
With a 10 billion token supply, today’s presale pricing implies a fully diluted valuation in the low-to-mid $200 million range at launch, which is relatively contained compared with some other wallet and infrastructure plays that hit the market on far loftier numbers.
The presale is scheduled to end on November 28 at 12:00 UTC, with tokens claimable at the same time and initial liquidity planned on decentralized exchanges shortly after. If the broader market keeps stabilizing while liquidity gradually returns, Best Wallet Token looks like one of the more credible contenders for the “next 100x” title.
Visit Best Wallet Token Presale
Source: https://blockchainreporter.net/next-crypto-to-explode-best-wallet-token-tipped-for-100x-gains/