September has a bit of a reputation in crypto – it’s historically the market’s weakest month. Just look at Bitcoin: from 2011 to 2023, it ended September in the red more often than not, averaging a loss of nearly 3%. Traders call it the “September Effect.”
And some of those Septembers were brutal. For example, we’re talking drawdowns of -30% in 2011 and -18% in 2014. It’s no wonder traders get a little cautious this time of year.
But then comes October, and it changes everything. Traders refer to it as “Uptober” for a reason – it’s often one of Bitcoin’s strongest months, with an average gain of over 21%. Eleven of the last 13 Octobers have closed green, with several of those prompting major bull runs.
That’s what makes the market’s current setup so interesting. With October on the horizon, altcoins like XRP and Best Wallet Token (BEST) are lining up as attractive investment opportunities. Let’s explore why these two might be the best cryptos to buy right now.
XRP Looks Ready to Break Out as Catalysts Align
XRP is hovering around $3, roughly flat since yesterday and down about 2.3% in the last month. Spot trading volume has perked up a bit, but the broader trend has been flat since mid-August. Every time we see a rally, it gets met with selling pressure.
But there’s still reason to consider XRP a good buy. Ripple’s long, draining SEC lawsuit is finally settled, and U.S. courts have confirmed that secondary-market trading of XRP isn’t a securities offering. That’s cleared a thick legal fog – and it opens the door for institutions to gain exposure.
On top of that, Ripple is adding to its ecosystem’s utility. The launch of RLUSD, a regulated stablecoin, along with new liquidity features such as automated market makers on the XRP Ledger, deepens XRP’s role as a bridge asset.
Throw in the looming possibility of a US spot XRP ETF decision, and the token suddenly has several bullish catalysts lined up. It might be 22% below its all-time high, but it’s positioned to close that gap quickly.
Best Wallet Token Powers a Fast-Growing Crypto Wallet Ecosystem
Alongside XRP, another project getting attention is Best Wallet and its native BEST token. BEST is still in presale, but it’s at the heart of a fast-growing wallet ecosystem that traders can’t stop talking about.
Best Wallet combines portfolio tracking, in-app swaps, staking, presale discovery, and even a planned crypto debit card into one clean interface. It’s non-custodial, seedless, and doesn’t require KYC to use.
The wallet employs enterprise-grade MPC security (provided by Fireblocks) with cloud-backed recovery. That means no more stress over losing your seed phrase, while still keeping control of your crypto assets.
Holdng the BEST token gets you discounted swap fees, enhanced staking rewards, governance rights, and access to vetted presales through Best Wallet’s “Upcoming Tokens” portal. Analysts like Borch Crypto are bullish on BEST’s prospects – even predicting it could 100x after it launches on exchanges.
BEST Presale Hits $15.8M – What’s Next?
The Best Wallet Token presale has been building momentum in recent weeks, raising over $15.8 million so far. The current token price is sitting at $0.025645, with a tiered structure that increases the price every few days. That means early buyers get a lower entry point.
And buyers don’t just have to sit around and wait for the exchange launch – they can stake their tokens right away. Currently, annual yields are estimated at 83%, with more than 318 million BEST already staked.
There’s a clever lock-up mechanic too: staked tokens can’t be unstaked until seven days after the token generation event (TGE), which should help avoid some of the initial sell pressure when BEST hits exchanges. For everyone else, the token claim will open right around the TGE.
So, what’s next? Best Wallet’s team has a DEX listing planned post-presale, with CEX listings potentially following. After that, their roadmap mentions some exciting upcoming features, like an NFT gallery and derivatives trading.
If you’re looking for the best crypto to buy now, Best Wallet Token might deserve a spot on your watchlist. It has the utility, presale backing, and long-term roadmap that could help it stand out.
Visit Best Wallet Token Presale
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