Best Crypto To Buy Now: 5 Top Picks As US CPI Inflation Rate Overshoots

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The US CPI inflation rate came in hotter than expected in January, reinforcing concerns that price pressures remain stubborn in the economy and that interest rates may stay higher for longer.

That sent stocks and cryptos lower as the chances of a rate cut diminished. The US CPI inflation rate rose 3% in January compared to a year earlier, and was up 0.5%, up from December’s 0.4% increase, according to data from the Bureau of Labor Statistics

The higher-than-expected CPI inflation rate will likely keep many investors away from risk-on assets such as cryptocurrencies, adding to the market’s woes. In the last week, the crypto market has traded relatively flat, with Bitcoin (BTC) unable to reclaim the $100K support and the majority of digital assets still in the red over the last week.

Trump

Pro-Crypto Trump Administration Keeps Investor Hopes Alive Despite CPI Inflation Rate Overshoot

Despite the stagnation in the crypto market, many digital asset investors remain optimistic under pro-crypto US President Donald Trump’s administration.

Bullish developments include multiple states pushing to set up a strategic Bitcoin reserve, moves that could lead to billions of dollars flowing into the crypto space, and Trump and First Lady Melania launching official meme coins TRUMP and MELANIA. 

The Trump family’s World Liberty Financial (WLFI) crypto project remains active amid the recent market-wide correction, buying the dip with Ethereum (ETH), Bitcoin and other cryptos trading at beaten down prices. 

Add to that Trump’s vow to make the US the crypto capital of the world and to set up a strategic Bitcoin reserve, and it’s clear that there’s large potential upside once macro head winds ease.

Best Crypto To Buy Now: 5 Of The Best Picks After US CPI Inflation Rate Overshoots

So, how should investors positions their portfolios in this complex environment? One way chosen by many is to invest in presales that are protected from market turbulence right now while still having huge upside potential after launch.

Here are five analyst favorites:

Solaxy (SOLX)

Solaxy is the first layer-2 scaling project focused on increasing the transaction throughput of the Solana mainnet. Trump’s return to the White House has sent the frenzy around Solana meme coins into overdrive following the launch of Official Trump (TRUMP) and Official Melania Meme (MELANIA) meme coins.

This heightened interest around SOL meme coins has led to high levels of congestion on the Solana network. If something does not change soon, the Solana network risks suffering worse congestion and possible outages. 

Solaxy Tweet

Solaxy, with its native sidechain, aims to come to the rescue. It will process transactions off the Solana mainnet, bundle them together, and then send the batches of transactions to the Solana layer-1 for final validation and record-keeping.

This approach will increase the number of transactions that are processed on the Solana network, and will subsequently reduce network fees and up speeds.

Investors have already backed Solaxy’s potential to the tune of more than $20.4 million. 

Bitcoin Bull (BTCBULL)

BTC Bull Token labels itself as an “unstoppable force pushing Bitcoin towards $1M+.” By simply holding BTCBULL tokens, investors are eligible for BTC airdrops that the project will distribute as the price of the greatest asset rises.

Every time the price of the largest crypto by market cap rises by $25K, there will either be an airdrop to the “strongest hodlers” or a BTCBULL token burn. There will be BTC airdrops when the Bitcoin price hits $150K, $200K and $250K, and BTC Bull Token burns when BTC’s price reaches $125K, $175K and $225K. 

The project raised $100K within minutes of its presale launch earlier this week and it’s now already raised more than $1.1 million.

MIND of Pepe (MIND)

MIND of Pepe is another promising prospect that is currently in the presale stage and has just surpassed $6 million in funds raised in less than a month.

The token stands out from all of the frog-themed tokens that came before it by positioning itself as the first AI derivative of a major meme coin brand.

At the heart of the project is a sophisticated AI agent that is able to identify developing trends in the Web3 space through hive-mind analysis. To gather its insights, the agent plugs into social platforms such as X, Discord and others.

Once the AI agent has identified developing trends that could lead to profitable trading opportunities, it shares the intelligence it has gathered with the MIND of Pepe community through token-gated groups.

Mind of Pepe tweet

Meme Index (MEMEX)

Meme Index is an innovative new project that gives investors the opportunity to invest in four diversified portfolios of meme coins for the first time. 

From the relatively safer Meme Titan index that focuses on the largest meme coins by market cap, to the highest-risk Meme Frenzy index that focuses on emerging and highly-volatile meme coins, Meme Index offers a basket for all investors regardless of their risk appetites.

What’s more, MEMEX holders also get a say in which tokens should be featured in each basket. Its presale has raised $3.6 million.

Best Wallet (BEST) 

Best Wallet provides crypto investors with a range of features that allow them to store, secure and grow their crypto holdings on more than 60 blockchains all on one platform. And the project’s presale token BEST is flying off the shelf, having raised more than $9.7 million.

Its Upcoming Tokens section is also gaining traction, highlighting early-stage presales with high potential. With a growing track record of prescient calls, it’s becoming a go-to source for early crypto opportunities.

One of its recent successes was Pepe Unchained (PEPU), a project it flagged to Best Wallet holders long before it was widely known. PEPU went on to become the top presale of 2024 after raising more than $73 million and then gave gains of more than 757% to early investors after it listed.

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