The crypto market has taken a nosedive this week, as evidenced by major assets like $BTC, $ETH, and $SOL dropping into the red zone.
Still, this doesn’t mean you have to halt your strategy; downturns can be prime moments to reassess, stack wisely, and position for the rebound using the best crypto.
Crypto Market Cap Drops 5.5% in Just Five Days
Over the past five days alone, the total crypto market cap has dropped by roughly 5.5%, from $4.13T to $3.9T.
During the same time frame, $BTC has plummeted from a $117K high to a $111K low. It’s now at $113K, a far cry (9%) from its $124K ATH.
And when the crypto leader drops, others typically follow. Since last week, $ETH and $SOL have also taken a tumble by around 7%.
Not helping matters is the CoinMarketCap Fear and Greed Index currently in the neutral zone at 40. It has slipped from 50 last week and 47 yesterday, which suggests that traders are becoming all the more cautious.
But what’s even adding pressure to the market right now?
Major Crypto Assets Fall Amid $1.7B Liquidations
Just yesterday, the crypto market experienced a significant shift following widespread liquidations worth $1.7B.
Regulatory headlines have added another layer of uncertainty. Just yesterday, Reuters reported that China Securities Regulatory Commission (CSRC) instructed specific Hong Kong brokerages to halt their real-world asset (RWA) businesses.
The CSRC tightening its grip on tokenized assets poses a significant setback for the Web3 sector. The reason is that tokenized assets have been gaining considerable traction in DeFi with a $2.47B market cap.
For crypto traders, it serves as a stark reminder of how regulatory pushback can directly impact sentiment, liquidity, and the integration of new blockchain use cases into mainstream markets.
But there’s no need to stop trading altogether. Market dips like these often create entry points, making now a prime time to acquire high-quality crypto before the next boom.
1. Best Wallet Token ($BEST) – Raises $16M+ to Power a Highly Convenient Crypto Wallet
$BEST is quickly turning heads, having raised over $16M in presales. Spurring its demand is Best Wallet, a non-custodial crypto wallet that it powers.
Unlike custodial wallets, it gives you full control over your private keys, and it adds additional protections, such as biometrics, 2FA, and in-app scam filters. Doing so helps ensure your funds stay out of the hands of fraudsters.
The wallet’s design is highly convenient. Through its token launchpad, you can easily explore the best crypto presales directly within the mobile app – a major benefit in itself, as it eliminates the need to connect to third-party websites and reduces exposure to risk.
But it’s not only early-stage low-cap tokens up for grabs. Best Wallet supports over 1K assets, soon across 60 blockchain networks, so you can enhance your portfolio hassle-free.
It also has much to look forward to in the pipeline, including its own crypto debit card (Best Card), an NFT gallery, and intelligence market analytics.
But $BEST is where the magic really happens. By holding the project’s native token, you can unlock many benefits: reduced fees, high-yield staking rewards (currently at an 83% APY), voting rights, and early access to presales.
To reap the perks, you can buy $BEST on presale for just $0.025685. After the new app developments go live, it’s anticipated to spike to $0.072 this year.
Why not join the $BEST presale now for possible 180%+ gains?
2. Atlas Navi ($NAVI) – Earn Token Rewards for Every Journey & Collect Exclusive 3D NFTs
$NAVI is the native token of Atlas Navi, a ‘Drive-to-Earn’ navigation app that brings together AI and Web3 tech to improve driving while dishing out rewards.
Using smartphone cameras, Atlas Naci scans the road ahead to detect traffic conditions, including accidents, lane congestion, road closures, and even police. As a result, it enables real-time rerouting for safer and speedier travel.
When using Atlas Navi while on the road, you can anticipate earning $NAVI, as every mile driven generates token rewards.
Once snagging some $NAVI, you can spend the crypto on in-app features like 3D NFT vehicles, premium navigation tools, and storage for trip videos.
To become part of the Drive-to-Earn revolution, you can buy $NAVI on major exchanges like MEXC for roughly $0.034.
It has surged by 32% in the past day alone. Say it continues to rise, there might not be any better time to buy the token.
3. Snorter Token ($SNORT) – Unlocks Advanced Trading Tools in Upcoming Telegram Trading Bot
Snorter Token ($SNORT) is the foundation of Snorter Bot, a Telegram trading bot launching this quarter.
Designed to hunt down the next crypto to explode, the bot features copy trading, fast swaps, automated sniping, and limit orders. In doing so, it ensures that you can react to hot market opportunities instantly.
And it achieves this while minimizing risks. Its built-in scam detectors for rug pulls and honeypots, plus MEV protection, help you trade confidently without falling victim to scam traps.
When considering that $4.6B was lost to crypto rug pulls last year alone, its protective measures are increasingly important.
It’s also worth noting that, once launched, the bot will be super easy to use. All you need to do is join the Telegram chat where it operates, configure it to match your strategy, and let it handle your routine to help boost your gains.
$SNORT is the gateway into Snorter Bot, plus it unlocks advanced trading tools and staking rewards at 116%. So, it’s no surprise that it has already raised over $4M on presale.
To get involved, you can buy $SNORT on presale for as little as $0.1051. It might reach $0.94 post-exchange listings, making now an opportune time to join for a possible ROI of 794%.
Check out Snorter Token today.
This isn’t investment advice. Always do your own research and never invest more than you’d be sad to lose – crypto can be a highly volatile space.
Authored by Leah Waters, Bitcoinist – https://bitcoinist.com/crypto-is-dropping-best-crypto-to-diversify
