Best Wallet, the popular multi-chain crypto wallet, has raised over $1,000,000 in the presale for its new BEST token.
Investors can buy BEST tokens at a fixed price during the presale before the token’s official launch on exchanges.
Best Wallet token presale sees early success with tiered price structure
Best Wallet’s presale has gained significant momentum since its launch on November 11th.
It sold out its first stage almost instantly and is now in Stage 11, with BEST tokens on offer for $0.02275 each.
This stage is scheduled to end soon – with the price set to increase in subsequent stages.
Initially, participation in the presale was exclusive to Best Wallet users through the wallet’s “Upcoming Tokens” feature.
We've hit $500K in the $BEST token presale! 🔥
— Best Wallet (@BestWalletHQ) November 19, 2024
With just 6 days left for exclusive presale access, now is the time to get in at the best price. 🚨
Stage 6 of the presale ends in less than 2 days - don't miss out!
Download the app! 📲 https://t.co/he5kzraFJw pic.twitter.com/K48YXDUcVo
This feature allows investors to buy BEST tokens using ETH, USDT, or BNB. On Monday this week, the presale went fully public on bestwallettoken.com.
According to the project’s whitepaper, the supply of BEST tokens is capped at 10 billion, with a sizable portion allocated for presale buyers.
A 10% chunk of the supply will also be used for airdrop rewards.
Best Wallet’s airdrop campaign is ongoing, allowing community members to earn “points” for engaging with the project’s socials and completing tasks.
The more tasks a user completes, the more points they’ll earn, helping them climb the public leaderboard.
Inside Best Wallet – multi-chain support & key feature
Best Wallet’s team aims to simplify the crypto trading experience for new and seasoned investors.
The platform functions as a multi-chain crypto wallet, currently supporting over 60 different blockchains – with plans to add more in the future.
This broad network support comes alongside a built-in DEX feature that enables low-fee token swaps and trading.
Another of Best Wallet’s key features is the Upcoming Tokens portal.
This portal provides users direct access to vetted presales while eliminating third-party risks.
Best Wallet’s team has also published a development roadmap that includes launching an NFT gallery, introducing derivatives trading, and rolling out a crypto debit card.
All of these features will be integrated with the new BEST token.
The token will offer holders numerous benefits, like increased staking yields from the aggregator, reduced trading fees, and voting rights on platform decisions.
Blockchain security firm Coinsult has audited the BEST token before its launch and found no issues with its code or structure.
Best Wallet sees growing community support & influencer endorsements
The current market conditions may be contributing to the interest in Best Wallet.
Bitcoin is now trading above $96,000, and the total crypto market cap has exceeded $3.3 trillion.
Against this positive backdrop, Best Wallet has built up a solid online presence.
The project’s X page (formerly Twitter) has reached 18,100 followers, and the official Telegram channel has 8,400 members.
Industry recognition has followed, with Best Wallet being included on ICOBench’s list of upcoming launches to watch.
Crypto influencers have also shown interest in the project.
In a recent video, YouTuber Austin Hilton reviewed Best Wallet, praising its features and how it differs from other established crypto wallets.
This endorsement, coupled with the team’s goal of capturing 40% of the crypto wallet market by 2026, suggests the project is well-positioned to capitalize on the growing mainstream adoption of digital assets.
Plus, with over $1 million raised in presale so far, Best Wallet's team already has a significant capital base to fund further development and marketing efforts.