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Title: With SharpLink Now the No.2 Corporate ETH Holder, Are These the Best Altcoins to Buy?
As Ethereum soars over 220% from early April to today’s price of $4,444, many investors are left wondering which altcoins will ride this wave alongside it. This article will explore three potential opportunities: Bitcoin Hyper ($HYPER), Maxi Doge ($MAXI), and XRP ($XRP).
The recent surge in institutional Ethereum holdings is creating a powerful tailwind for the asset’s price, reducing circulating supply, boosting investor confidence, and strengthening its long-term value proposition. However, it’s crucial to remember that crypto investments carry inherent risks.
BitMine and SharpLink Gaming have dramatically increased their ETH holdings, with SharpLink becoming the No. 2 corporate ETH holder worldwide, a significant development in the crypto market. This influx of institutional money further solidifies Ethereum’s position as a leader in the blockchain sector.
Three alternative altcoins that might benefit from this trend are Bitcoin Hyper ($HYPER), Maxi Doge ($MAXI), and XRP ($XRP).
The first option is Bitcoin Hyper, which has secured $9.8 million in early investor funding to develop a new Layer 2 solution for the Bitcoin blockchain. This innovative approach integrates the Solana Virtual Machine (SVM) to provide lightning-fast speeds, ultra-low fees, and full Web3 functionality.
In its presale phase, Bitcoin Hyper is available at a price of $0.012735 per token. According to our prediction platform, this asset can surge by nearly 2,400% by the end of the year, reaching an astonishing $0.32.
Another contender for investors seeking exceptional returns is Maxi Doge ($MAXI). This meme coin has secured over $1 million in early investor funding and aims to surpass Dogecoin’s dominance. As a completely utility-free token with no underlying value, it seems to be solely focused on becoming the next big thing. Investors are advised to conduct their own research before investing.
Last but not least, we have XRP ($XRP), whose price has been fueled by positive market sentiment and its recent $90% rally in June and another 25% surge in early August. The likelihood of an XRP ETF approval in 2025 is also driving the coin’s upward momentum. Its August rebound at the 50% Fibonacci retracement level on the daily chart may be a significant turning point, potentially leading to surpassing its previous all-time highs in the coming weeks.
In conclusion, these altcoins, including Bitcoin Hyper ($HYPER), Maxi Doge ($MAXI), and XRP ($XRP), could be the key to maximizing profits in an upcoming rally.
Source: bitcoinist.com
