The arrival of the new SEC Chair Paul Atkins ushered in a never-before-seen wave of optimism in the crypto community, and for good reason.
Atkins publicly voiced his commitment to improving and supporting crypto infrastructure. He even said he wants to assist Donald Trump in making the U.S. the crypto capital of the world.
The latest example of this has been the approval of Grayscale’s mixed crypto exchange-traded product, formerly known as the Grayscale CoinDesk Crypto 5 ETF, which trades under the ticker GDLC.
Read on as we unpack this in detail, discussing how it opens up an entirely new option for crypto investors. We’ll also point you toward the best altcoins to buy now.
Grayscale’s GDLC Simplifies Crypto Investing
This product is essentially a one-stop shop for crypto investors, with Bitcoin accounting for about 73% of the fund’s weight, followed by Ethereum at 17%.
That’s pretty much what the standard Bitcoin textbook says: if you’re creating a strong long-term portfolio, go heavy on Bitcoin, followed by Ethereum.
For a long time, investors have been demanding a mutual-fund-like product, similar to the stock market. Something that gives them a simple, centralized way to invest in crypto without going through the entire process of setting up cold or hot wallets, buying each individual currency, calculating fees, and constantly adjusting proportions.
That was too complex and arguably one of the biggest deterrents for new crypto users. But with Grayscale’s new launch, that barrier is effectively gone.
‘This launch is more than just another ETP – it’s a reflection of our decade-long commitment to being first, moving fast, and giving investors transparent exposure to the crypto ecosystem,’ said Grayscale CEO Peter Mintzberg.
Even better, this index will automatically be rebalanced every quarter to ensure alignment with the evolving market leadership in crypto.
Here’s the kicker: with crypto gaining mainstream legitimacy at breakneck pace, your portfolio needs to have low-cap, high-upside gems to capitalize on the upcoming bull run.
Here are our top 3 picks for the best crypto to buy right now.
1. Bitcoin Hyper ($HYPER) – Layer 2 Bitcoin Solution for Solana-Like Speed and Scalability
Bitcoin Hyper ($HYPER) is the first Layer 2 solution built for the Bitcoin blockchain, aiming to solve the issues of speed and scalability.
As of now, Bitcoin can only process 7 transactions per second, leading to slow confirmations and high costs. Bitcoin Hyper leverages Solana Virtual Machine (SVM) integration, which enables parallel execution.
This means transactions on $HYPER can be processed simultaneously, as long as they’re unrelated. The result is faster processing, lower fees, and significantly higher throughput.
Another major limitation of Bitcoin is that it isn’t compatible with Web3 and DeFi applications, causing it to miss out on the explosive growth of decentralized finance and other blockchain-based innovations.
With $HYPER’s SVM integration, developers can now build dApps and execute smart contracts without compromising Bitcoin’s security.
Adding to this is a decentralized, non-custodial canonical bridge that serves as a user-friendly portal to $HYPER’s Web3 environment:
- Lock in your Layer 1 Bitcoin with the bridge.
- Receive an equivalent amount of Layer 2 $BTC tokens.
- Use these L2 tokens for staking, lending, swapping, NFTs, DAOs, and DeFi applications.
- Once done, redeem your original L1 $BTC by sending the L2 tokens back through the bridge.
In short, $HYPER provides a fast utility and compatibility lane to an otherwise limited Bitcoin, which explains why its presale has been such a massive success.
The project has already raised over $17.16M, including $418K from whales in just the last 19 days. Here’s how to buy Bitcoin Hyper.
Currently, 1 $HYPER is priced at only $0.012945. According to our $HYPER price prediction, the token could reach $0.32 before year-end – a staggering 2,300% return.
2. Snorter Token ($SNORT) – Telegram-Based Trading Bot for Sniping Meme Coins
Snorter Token ($SNORT) is the official cryptocurrency of the Snorter Telegram trading bot, built specifically for small and retail Solana meme coin traders.
If you’ve been in the markets long enough, you probably know that liquidity in hot new meme coins often gets swallowed up by large players with access to sophisticated trading algorithms and tools, leaving little to nothing for smaller traders.
Snorter Bot flips the script on these whales. It lets you place buy/sell limit and stop orders well in advance, and as soon as liquidity is pumped into an asset, your trades are executed in the blink of an eye.
Using the bot is just as easy as chatting with someone on Telegram. The best part? It all happens in a secure environment.
- Snorter uses MEV-resistant layers to protect against scams like honeypots and rug pulls.
- Furthermore, none of the transactions you enter through the bot are sent to the mempool, keeping you hidden from potential sandwich attacks.
On top of that, the bot allows you to copy trades from successful traders on the blockchain. This gives you a strong starting point – earn profits while learning the ropes and developing your own strategy.
Currently in presale, $SNORT has already raised over $4M from early investors, with each token priced at just $0.1049.
According to our $SNORT price prediction, a $100 investment today could turn into $900 by the end of 2025. Here’s a detailed guide on how to buy $SNORT before the next price hike.
Check out Snorter Token’s official website to learn more about the benefits of buying $SNORT – including no daily sniping limits, advanced analytics, and reduced fees.
3. MemeCore ($M) – Viral Altcoin Aiming to Transform Meme Coins Into Sustainable Digital Assets
MemeCore ($M) is a Layer 1 blockchain that seeks to transform meme coins from purely hype-driven, speculative tokens into fundamentally robust assets supported by long-term cultural and economic forces, along with strong community backing.
The project operates on a Proof-of-Meme (PoM) consensus mechanism, which emphasizes that every contribution plays a crucial role in sustaining a blockchain ecosystem.
MemeCore rewards all participants, be it traders, stakers, creators, or validators, ensuring that each effort is recognized and contributes to a thriving participatory economy.
To facilitate this, MemeCore features an on-chain reward pool called the Meme Vault, a smart contract used to distribute contribution rewards. The native $M token serves as the backbone of the ecosystem, powering gas fees, staking, and rewards.
Over the past month, $M has surged more than 580%, including a 10% gain in just the past 24 hours. The token reached a new all-time high of $2.96 on September 18 and is currently trading around $2.55.
It has established strong support levels at $2.36 and $1.82, so it’s likely we’ll see a brief retest before resuming its push toward new highs.
Recap: With crypto quickly climbing the legitimacy ladder – the latest example being Grayscale’s GDLC launch – now’s the perfect time to buy low-cap coins like Bitcoin Hyper ($HYPER), Snorter Token ($SNORT), and MemeCore ($M).
Disclaimer: Crypto investments are inherently risky. This article is not financial advice, so kindly do your own research before investing.
Authored by Krishi Chowdhary, Bitcoinist — https://bitcoinist.com/best-altcoins-to-buy-as-grayscale-launches-first-index-based-spot-crypto-etf
