Ethereum Ready to Rebound as Best Wallet Token Raises $15M

The market remains bullish on Ethereum’s ($ETH) rebound after the world’s number two cryptocurrency slid sharply over the last 48 hours. Many are banking on it reaching $5K soon, especially after the coin reached a $500B market cap.

Continued demand for $ETH could also spell good news for crypto wallets like the Best Wallet. Powered by Best Wallet Token ($BEST), its token presale has already raised over $15.1M, which is definitely a good sign as far as fundraisers go. 

With more people entering the market, they’ll require a secure wallet to store their assets, and Best Wallet is well-positioned to fill that need.

Ethereum to Moon to $5K? ‘Definitely,’ Bulls Say.

Ethereum will surely moon to $5K, according to traders on the prediction market platform Myriad. While the positive responses dipped two days ago as $ETH’s price slid, it went back up by 4.8% in the last 24 hours.

Chart showing bullish sentiment on Ethereum reaching $5K via Myriad.

The bulls have many reasons to stay positive on Ethereum. For one, institutional investors like Bitmine and SharpLink continue to increase their $ETH stockpile, which helps drive up the coin’s price.

Ethereum ETFs, such as BlackRock, have also seen growing inflows. In the first two weeks of August alone, net inflows have already reached over $3B.

All in all, Ethereum continues its rise, becoming the fastest asset to reach $500B, requiring less than six months to achieve this milestone.

Ethereum's rise to becoming the fastest asset to reach $500B in market cap via Milk Road.

Best Wallet to Ride Ethereum’s Bullish Wave

Growing interest in Ethereum suggests that more people and institutions are embracing cryptocurrencies. With this growth also comes increased demand for secure crypto wallets, such as Best Wallet.

This wallet, powered by Best Wallet Token ($BEST), lets you store and manage your crypto in an iOS and Android app.

Best Wallet features

As a non-custodial wallet,  only you control your private keys, so no one else has access to your crypto.

Moreover, it supports Ethereum, Bitcoin, Solana, BNB Chain, Base, and Polygon (with plans to support 60+ chains in the future). This makes it easy to transfer your crypto across chains, especially when you own its native $BEST token.

The token is your gateway to exclusive features in the Best Wallet ecosystem. Aside from favorable transaction costs, you’ll also get early-bird access to the best crypto presales in the Token Launchpad.

Another benefit is governance rights. This enables you to control the project’s direction by voting on key decisions within the Best Wallet ecosystem.

$BEST tokens are currently available for only $0.025535 via the Best Wallet Token website. A price increase is due in a few hours, though, so it’s your last chance to lock in the token this cheap.

Alternatively, you can stake your tokens for 88% APY for passive rewards. To date, the presale has already raised over $15.1M and counting, making it one of this year’s best crypto fundraisers.

Join the Best Wallet Token presale.

Ethereum: To the Moon Soon?

It’s been an exciting year in the crypto market, but perhaps no other coin aside from Bitcoin has gotten as much buzz as Ethereum. And by the looks of it, the coin is only warming up before aiming for new highs.

When it does, Best Wallet, powered by its Best Wallet Token ($BEST), will be ready to secure your gains and make your transfers cheap and hassle-free.

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Source: https://bravenewcoin.com/partner/best-wallet-token-rises-as-ethereum-readies-to-rebound