Both XRP and XCN tokens had their runs in this bull cycle. Ripple’s token pumped from $0.5 to over $3.30 in late 2024 while the XCN price pumped 18x in January.
However, both altcoins faced deep declines last month that was one of the worst ones for crypto in years. The XRP price lost around 25% and is now trading in the $2.15-2.25 range while XCN lost over 50% and is now trading around $0.015.
This means that both tokens are losing steam and this is the case with most other top altcoins if we are being honest. In other words, it might now be the time for investors to position themselves in underrated cryptos, new altcoins that might do well in the next couple of months – Solaxy and BTCBULL.
Solaxy – Top Crypto to Invest In Now After Raising $24 Million in Hot Crypto Presale?
Solaxy is currently priced at just $0.00165 with the price increasing every 48 hours in its presale that has raised over $24.4 million so far. The team is now performing marketing campaigns and preparing for a major launch later this year, as they’re waiting for better market conditions. This project could have significant potential ahead.
As a Layer-2 scaling solution, Solaxy uses its protocol to offload transactions from the Solana mainnet, which reduces congestion and enhances transaction efficiency. This approach draws inspiration from Ethereum’s scaling technologies while combining efficiency with security.
The project has built strong community engagement, similar to successful meme coins, with Solaxy thriving on community support and social media momentum. It has garnered attention with over 70,000 social media followers, which plays a crucial role in driving interest and market activity.
Looking at token allocation, Solaxy has distributed its supply strategically, with 30% dedicated to development, 15% to marketing, 25% to community rewards, 20% to the treasury, and 10% to exchange liquidity. This balanced allocation demonstrates the project’s focus on both development and community engagement. Popular YouTube channel ‘Decentralised News’ called SOLX ‘the best crypto presale to buy now’ in their latest video.
Solaxy is working on a bridge between Solana and Ethereum. This should help with moving tokens back and forth between these two blockchains. The way it works is pretty simple – it handles transactions off the main Solana chain first, then bundles them together. This helps cut down on network traffic.
Users can use the $SOLX token for paying fees, staking, and voting on proposals. If you hold tokens, you can earn rewards and have a say in how things run. The whole point is to make transactions cheaper and faster than they are right now.
Beyond XRP: BTCBULL Token – The Only Altcoin that Rewards Holders with Real Bitcoin
BTCBULL, or Bitcoin Bull Token, is a meme coin designed to celebrate Bitcoin’s potential bull run towards $1 million. It operates on the Ethereum network and functions as a hybrid meme and utility token. The token aims to reward holders with actual Bitcoin (BTC) when Bitcoin reaches specific price milestones, starting at $150,000 and continuing with every $50,000 increase. It’s currently priced at just $0.00239 in its presale that launched in February and has already raised over $3 million.
What makes BTCBULL stand out is its Bitcoin airdrop system. Holders receive Bitcoin airdrops when Bitcoin reaches key price points. The first airdrop is set to occur when Bitcoin hits $150,000, followed by additional distributions at $200,000, $250,000, and continuing upward. This creates a direct connection between BTCBULL’s value proposition and Bitcoin’s market performance.
The token also implements strategic burns to create scarcity. A portion of the BTCBULL supply is burned at specific Bitcoin price milestones, such as $125,000, $175,000, and $225,000. These burns are designed to reduce the total supply over time, potentially supporting the token’s value as Bitcoin rises.
For those interested in passive income, BTCBULL offers staking incentives where users can lock their tokens to earn additional rewards. This promotes long-term holding over short-term trading. The staking program offers annual yields that may decrease as more investors participate, creating an incentive for early adoption.
The token supply is 21 billion, which is a nod to Bitcoin’s 21 million coins. They’ve split up the tokens for different uses – some for development, some for burns, staking rewards, airdrops, and some to provide liquidity on exchanges. They’ve also set aside a chunk for marketing.
The whole thing is pretty straightforward. You buy the tokens, usually in the presale. When Bitcoin hits certain price targets, you get some actual Bitcoin based on how many BTCBULL tokens you own. They also burn some tokens when Bitcoin reaches certain prices, which means fewer tokens overall. If you stake your tokens, you can earn more BTCBULL or maybe even some Bitcoin over time.
Read also: Missed PI Coin Rally In February? Don’t Worry, These Low-Cap Altcoins Can Save You in March
Disclaimer: CaptainAltcoin does not endorse investing in any project mentioned in this article. Exercise caution and do thorough research before investing your money. CaptainAltcoin takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We advise readers to do their own thorough research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. Any investment decisions made based on this content are at the sole risk of the reader. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.
