The Christmas holiday is a big event for the crypto market, with Bitcoin and Ethereum coming back from their recent peaks.
Despite the movements of the major market leaders, some altcoins have a lot of strength, while others have increased, giving reasons to celebrate the owners.
This includes the 3 main exchanges – Bitget, Uniswap, and FTX – all of which have experienced strong growth.
Meanwhile, another token called Best Wallet Token is also growing in popularity, raising over $5.5 million in its ongoing ICO.
Bitget Token ($BGB) Takes Parabolic Movement
The last few years have been very busy for Bitget as the regulations on cryptocurrency trading in the main regions are still strict. While some competitors have backed down from legal challenges (sometimes leaving the country altogether), Bitget has taken notice.
Overall, BGB is up 415% in December alone, leaving the rest of the market behind as of this writing. Investors waiting for a rebound can focus on key psychological price levels (such as $6, $5, and $4) before the price has a chance to return to the previous resistance at $3.50.
At this point, it may be several weeks before BGB’s price movement enters its next phase, giving market players plenty of time to develop new strategies.
Uniswap ($UNI) Pending
UNI has risen 8.6% in the past 24 hours, reaching the second spot on CoinMarketCap’s list of winners. The market-leading DEX has benefited greatly from the massive meme-making activity this year, but for now, its price remains in a mixed mood:
On the one hand, UNI is forming a head and shoulders chart pattern that, if completed, would send the price down to $10. This would represent a -29% decline from the current price.
However, from a bullish perspective, UNI remains in an uptrend, showing strength through the presence of a large daily wick from seven days ago. This recovery could signal that UNI will escape its current troubles and head back up to $19.50, representing a 39% gain for investors.
Bulls and bears alike have plenty of money to spend on UNI, but those who like big plays will find this next coin to be a better bet…
Will FTX Token ($FTT) 4x in 2025? FTX is a name that is rarely mentioned because it made a lot of headlines when it crashed in 2022, following the lawsuit, trial, and imprisonment of some of its executives.
Since then (and a -93% drop in the value of the FTX token in November 2022), FTT has become increasingly popular among traders who are unwilling to accept its high-risk nature. The daily price chart of FTT shows a new phase in the rapid growth of this cryptocurrency:
To say that FTT is “different” is an understatement – but if we zoom in, we see a significant opportunity. As FTT develops within the current ascending triangle pattern, the possibility of an upward breakout (as we saw earlier on the BGB chart) increases.
If FTT were to reach parity with BGB, there would be little resistance between current prices and a full return to pre-crash values:
Of course, this scenario (which involves a 438% increase) is unlikely to happen, on paper. That said, there are some weird things happening in the cryptocurrency market – especially when it’s really down.
When Degenwhale and the crypto community truly support an idea, anything is possible. So if FTT has a chance to return to its previous value, 2025 may be the year it does so.
Is $BEST the next big utility brand?
As we have seen in this article, crypto platform utility tokens have a lot of potential for growth and can generate very large profits. Looking ahead to 2025, the Best Wallet Token ($BEST) will be the emerging utility token. The $BEST pre-sale has raised nearly $6 million to date, and has attracted the interest of savvy investors looking to diversify their holdings.
The $BEST token powers the Best Wallet ecosystem, offering everything from the most convenient and secure wallets to crypto exchanges (via Best DEX), iGaming, and all the best services using mobile apps (available for iOS and Android) All Cryptocurrency Services. Investors Need to Know About Trading—Before Tokens Are Available for Trading.
$BEST token holders will have access to exclusive access to pre-sale crypto, flight deals, exciting new token tips, iGaming bonuses such as loot boxes, free slots and wallets, low transaction fees across the ecosystem, governance votes, and Staking rewards.
As Fireblocks offers security using MPC-CMP wallet technology, security-conscious users can relax and use the Best Wallet to its full potential. Those looking to capitalize on the best ICO should note that Best Wallet was the main target for pre-sale of Pepe Unchained tokens, which raised over $70 million after the launch of its DEX. The sales jumped 8 times. Best Wallet Tips helped investors get their hands on the Catslap meme coin before its grand launch, which was equally successful.
Best Wallet’s goal is to capture 40% of the crypto wallet market (an $11 billion industry) and achieve this goal by 2026. It offers great value to investors.
