Best Wallet reaches $5.7M in token presale despite crypto market dip

While most established coins struggle to make gains, Best Wallet’s token presale continues to steadily raise funds and has now surpassed $5.7 million
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Posted by Advertorial December 26, 2024 3 Mins Read
While most established coins struggle to make gains, Best Wallet’s token presale continues to steadily raise funds and has now surpassed $5.7 million

After briefly rebounding over the past two days, Bitcoin (BTC) and altcoins are entering a red trend again, with the leading 10 tokens recording losses between 2% and 9% today. The crypto market cap fell by 4.03% over the past 24 hours as it returned to pre-Christmas pump levels.

Today’s dip also affected the native tokens of several crypto wallets. Trust Wallet Token (TWT) dipped by 6.23%, while the market’s leader, 1inch Network (1INCH), recorded a 5.07% drop.

While most established coins struggle to make gains, Best Wallet’s token presale continues to steadily raise funds and has now surpassed $5.7 million.

Best Token is set to enhance Best Wallet’s features

Downloading Best Wallet from Google Play or the Apple App Store allows its users to buy, swap, and sell tokens across 60+ blockchains, access vetted presales, unlock unique bonuses in several online casinos, and more.

With the release of Best Token (BEST), the wallet aims to provide numerous benefits to its users, such as reduced transaction fees, exclusive alpha access to presales, higher staking rewards, and more.

The benefits provided by BEST will also expand as Best Wallet progresses through its roadmap and releases new features. For example, the wallet’s website reveals Best Wallet will release Best Card, a crypto debit card that will charge low-to-no fees if its users hold BEST.

Besides BEST’s utility, Best Wallet also emphasizes user security. The wallet lets its users enable two-factor authentication and biometrics, among other features, and advanced anti-fraud protection is one of the features it intends to roll out soon.

Derivatives trading, an NFT gallery, and a rewards hub are some of the other features Best Wallet intends to release, but its team hasn’t yet disclosed if BEST holders will enjoy any benefits related to them.

Best Wallet’s ease of use and airdrop campaign

Currently, BEST token costs $0.02335 each, with its price scheduled to increase tomorrow, as the presale follows a dynamic pricing model.

Investors can enter the presale by connecting their wallet to Best Wallet’s website and swapping their ETH, BNB, or USDT for BEST. The presale also accepts credit or debit card payments, and no minimum investment is required, regardless of the payment method.

Alternatively, interested parties can purchase BEST via Best Wallet’s apps by navigating to the “Upcoming Tokens” section. Crypto influencer ClayBro has showcased the process to this YouTube audience, praising the app’s intuitive interface and fast transaction speed.

ClayBro also highlighted Best Wallet’s airdrop campaign, which investors can participate in to accumulate airdrop points and convert them to BEST once it wraps up. To earn more points, investors need to complete daily and seasonal quests and interact with Best Wallet’s growing community on X (Twitter).

Additionally, investors can earn extra airdrop points by referring others, which immediately rewards them with a substantial amount of points and unlocks passive rewards based on how active their referees are.

Staking rewards and robust security draw increasing investor attention

Investors don’t have to wait for the airdrop campaign to finish to earn additional BEST, though, as its staking APY currently stands at 382%, with 8% of the total token supply allocated to the distribution of staking rewards.

Over 69 million BEST have already been locked by investors, reflecting their confidence in the project’s long-term success, as BEST’s staking rewards have a 3-year vesting period.

An additional 10% of the total token supply is set aside for liquidity, which reduces the risk of market manipulation and lowers slippage, creating a safer trading environment.

Coinsult, a security firm, has audited BEST’s smart contract and found no underlying critical issues in its code, confirming there are no major threats to investor funds.

With its staking rewards, airdrop campaign, and robust security, it’s no surprise Best Token already has a large following, with more than 91,000 followers across its Instagram, X (Twitter), Discord, and Telegram channels.

The recent price swings in the broader crypto market serve as a reminder of its inherent volatility and leave no room for guarantees regarding new tokens. However, Best Token’s central position in Best Wallet’s growing ecosystem could help it keep the momentum it achieved during the presale post-launch.

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