Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Experts predict a shift toward utility coins like BEST in the 2025 crypto bull run.
Table of Contents
Utility coins explode while meme coins flatline
CZ kickstarts utility season
Utility presale project BEST primed for growth
It’s time for utility coins to remind investors what crypto’s all about.
Experts are tipping a utility coin takeover in the 2025 crypto bull market.
Utility coins explode while meme coins flatline
Traders have had their fun with meme coins this year, but they’re returning to utility in 2025.
Prominent analyst cevo recently posted on X that it’s its “utility season” alongside a meme that says, “I may be early, but I’m not wrong.”
He’s essentially saying that though it may be early, the utility coin season is already in motion.
GmUtility season pic.twitter.com/fHV71DW09w
— cevo (@cryptocevo) November 26, 2024
This can be seen in real-time. Filter the top 100 cryptos by 24-hour performance on CoinMarketCap, there’s no meme coin in sight.
All the way to the 13th spot is the best-performing meme coin, Pepe, which was up 5.9% at the time of writing.
Meanwhile, the top gainer was Ethereum Name Service, up by 40%.
The second-best-performing meme was Peanut the Squirrel, in 31st place. It was up 4%, but is still in the red this week.
It’s tough going for meme coins right now, and the former Binance CEO may have played a role in this.
CZ kickstarts utility season
Binance has been on a listing spree of meme coins in recent months, but former Binance CEO Changpeng Zhao (CZ) has drawn a line, saying crypto’s meme coins were “getting a little weird.”
I am not against memes, but meme coins are getting "a little" weird now.Let's build real applications using blockchain.
— CZ 🔶 BNB (@cz_binance) November 26, 2024
The tweet got over 9 million views, so it undoubtedly had an impact on the market this week as traders have begun rotating to utility coins.
CZ’s following tweet doubled down on his previous statement by underlining the value of operating AI models on the blockchain.
AI tagging (or AI data in general) is well fitted to be done on-chain. Harness low cost labor globally without geographic bias, (micro) pay them in crypto instantly. @BNBCHAIN Greenfield provides the storage capacity. More tooling still needs to be built. Let's build them.
— CZ 🔶 BNB (@cz_binance) November 27, 2024
Analyst Miles Deutscher commented on this, saying we’re heading toward a “powerful rotation into utility.”
We're starting to see the beginning of a POWERFUL rotation into utility.AI being the clear front runner.I'm posting a thread tonight which reveals my FULL AI PORTFOLIO + thesis.Follow + turn notis on so you don't miss it.What's your favourite AI project?👇 pic.twitter.com/4RwiSJqQcb
— Miles Deutscher (@milesdeutscher) November 28, 2024
Looking at the top gainers, the Ethereum Name Service is leading, followed by DeFi protocol Ethena.
Lido DAO and Celestia have also surged this week, both up over 50%.
Figuring out what utility coins will pump next is not easy, but there’s one strategically positioned as an infrastructure play to over 60 blockchains.
You might also like: What are utility tokens? Understanding their function and benefits
Utility presale project BEST primed for growth
One of the best projects to capture value amid the forthcoming utility coin season is the Best Wallet token.
The project is an all-in-one super app that lets users buy, sell, track, research, and stake tokens from over 60 blockchains using one wallet.
Stay ahead with real-time presale alerts! ⚡️Never miss a gem again—stay in the loop with instant updates on new presale projects, claim opportunities, and price moves. 🔥With Best Wallet notifications, you’re always one step ahead in the market.Download Now 📲… pic.twitter.com/0OnQORXpnJ
— Best Wallet (@BestWalletHQ) November 27, 2024
CZ has recently focused on the BNB chain, so there could be a lot of growth. Ethereum is also doing well, while Solana continues to dominate in terms of on-chain activity.
The Best Wallet token will give exposure to all of these blockchains.
The wallet has unique features like an aggregated DEX connected to over 200 exchanges and 20 bridges to get the best price. It also has an “Upcoming Tokens” feature that will allow users to buy vetted presales without leaving the wallet.
The Best Wallet could be a breakthrough for on-chain user experience, and it gets even better for BEST holders. They will get trading fee discounts, heightened staking yields, and exclusive bonuses at partner projects.
As such, analysts are bullish. Crypto June thinks it could be the best Web3 wallet for 2025.
The project is undergoing a presale and has raised $1.4 million so far.
Investors can buy the token on the Best Wallet website or using its app via the Upcoming Tokens feature.
To learn more about the Best Wallet token, visit their website.
Read more: Best Wallet token public sale goes live after $1M private raise
Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
