NewsBTC

27 January 2025

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New Crypto Investments Surge as TradFi Firms Explore Blockchain Opportunities

Coinbase CEO Brian Armstrong noted that traditional finance (TradFi) firms are increasingly looking to invest in cryptocurrencies. He cited Donald Trump's plans for a US Bitcoin strategic reserve and the blockchain's potential for economic freedom as key motivators.

• Low-cap coins with real utility, such as $WEPE and $BEST, may see significant price increases.
• $WEPE: Raised $61.4M in presale, offers insider trading insights, allows staking for passive income, and has a marketing budget of 38% of its total supply.
• $SOLX: Powers Solana's first Layer-2 network, offers 257% APY staking, priced at $0.001616.
• $MIND: Uses AI to provide trading insights and offers 555% yearly rewards; presale raised over $4M.
• $OM: Partnered with DAMAC Group to tokenize real-world assets, currently priced around $4.
• $MNT: An L2 coin that recently surged 78%, with three new innovations announced.

The growing interest from TradFi firms is likely to enhance the demand for utility-driven cryptocurrencies, emphasizing the need for thorough research before investing.