BinaryX (BNX) price soars 400% as new GameFi attributes attract investors

While Ethereum price today is trading at low value, tokens like BinaryX, now known as Four, have been on the receiving end of massive surges

Ethereum is falling and heading to its key support of around $1.5K level, which means it would soon mirror the same price action like it did during the crypto winter of 2022. As the market is not seeing any green signals right now, despite Donald Trump’s recent White House crypto summit, investors should start looking for other top altcoins as well.

The suggestions in this article might not be the top high-cap assets, but in the current bearish times, they could be the cream of the crop that could potentially give you huge gains in both the long and short term.

Best Altcoins to Buy – Top 3 Picks

1. BinaryX

While Ethereum price today is trading at a low value, tokens like BinaryX, now known as Four, have been on the receiving end of massive surges over the last few days. Granted that most of them have only been in single digits, but they could compound in the long-term, giving traders who pick it right now.

At the time of writing, the BinaryX (BNX) price has gone up by almost 10% in the last 24 hours. CoinMarketCap shows that there has been a massive 400% increase in its trading volume. This interest is likely bolstered by the recent rebranding to Four and the arrival of new GameFi attributes.

The GameFi ecosystem around BinaryX is expanding, with the likes of AI heroes being already playable. The appeal of this game lies in its GPT-esque style that allows players to complete quests and go on adventures.

While the gaming niche in crypto is somewhat dwindling, hope that it would make a comeback sooner rather than later remains. And the current trajectory the token has been on indicates that it would remain volatile, offering high levels of gains for both short and long-term traders.

At the time of writing, those interested can buy BinaryX from Binance or other top CEXs and DEXs at just above $1.

2. Best Wallet Token

With so many high-potential assets available on the market now that Ethereum isn’t showing much growth, people need a secure place to store them. Since cold wallets make it cumbersome and hot wallets compromise security, the solution lies somewhere between them. That is why Best Wallet is getting attention.

Made popular thanks to its token launchpad that lets investors pick the best crypto ICOs even before they are launched to the public, Best Wallet is in the limelight once again thanks to its utility-focused BEST token.

BEST is described by the official whitepaper as a utility crypto, allowing users to get access to the enhanced versions of the facilities already available. Holders of the BEST token will be able to gain early access to the listed crypto ICOs as well as higher yield staking opportunities.

Since Best Wallet also lets users trade crypto, Best Wallet Token helps with the reduction of the transaction fees. The token will also give users access to any upcoming upgrades that arrive. It is also available on presale and has raised over $10 million at the time of writing.

3. Banana Gun

It is always a good idea to mix up long-term assets like ETH with meme coins that could be beneficial in the short-term. However, Banana Gun promises to be something more.

A monkey-themed token, Banana Gun is a meme crypto described in the official website as a trading bot. Accessible through Telegram, the trading bot is said to offer the right balance of robust UI and autonomous features to provide trading facilities for Solana, Blast, Ethereum, and Base.

It highlights features like Auto Sniping and Anti Rug protection while also offering a unique bouquet of memes on social media.

And on the price chart, it has made a sharp increase of more than 39% in the last 24 hours. The reason behind this surge can be attributed to the recent closed beta round 2 before a web application gets released.

If there are many such rounds, Banana Gun could rise even higher. And in the short-term, the memes on social media could also help it surge.

Thoughts By Benzinga

Despite the market downturn and uncertainty, opportunities for investment remain. While Ethereum's decline may signal a bearish trend, tokens like BinaryX (now known as Four) have experienced massive surges in recent days, offering potential for recovery in the crypto market.

As the market stalls and Donald Trump's crypto summit sparks interest, investors are seeking new avenues for gain. In the current bearish times, aiming for the best altcoins to buy becomes crucial for optimal returns.

Those interested in learning more about Donald Trump's crypto summit can read Benzinga's coverage here.

This article is intended to be a neutral and informative presentation of the subject matter and does not constitute legal or investment advice. It is essential to conduct thorough research and due diligence before making any investment decisions and to consult with a qualified professional for personalized advice.

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