Litecoin ETF Approved – What Crypto to Buy in a January?
The post Litecoin ETF Approved – What Crypto to Buy in a January? appeared on BitcoinEthereumNews.com.
Several fund managers have recently filed applications for altcoin ETFs with the Securities and Exchange Commission (SEC), including $DOGE, $TRUMP, and $MELANIA ETFs. However, the only application to get a green light was Canary Capital’s Litecoin ETF ($LTC ETF). Unsurprisingly, the regulator has rejected all other proposed ETFs, which makes $LTC the only altcoin after $ETH to get approval. Why $LTC? Well, $LTC has a reputation of ‘digital silver’ that compliments the ‘digital gold,’ Bitcoin ($BTC). It’s a Bitcoin fork, after all, so they share many similarities in tokenomics and technology. Either way, this news is bullish for the entire industry, as Canary Capital sets a precedent for altcoin recognition as a serious asset class by institutional investors. Now is the perfect time to stack up your portfolio in anticipation of the altcoin season. We hand-picked the best crypto to buy for maximum gains in 2025. 1. Solaxy ($SOLX) Addresses Solana’s Scalability Limitations The 2021 bull run was dominated by speculative assets. This time, investors seek real-world applications that will drive the next wave of blockchain adoption. That’s why the Solaxy ($SOLX) presale has been gaining momentum, with $16.3M raised in a little over a month. Solaxy introduces the world’s first Layer-2 solution for Solana. By offloading a substantial part of transactions to its side chain, Solaxy could speed up processing, lower fees, and mitigate the risk of failed transactions on the mainnet. One $SOLX now costs $0.00162, but the price will increase as the presale progresses toward its milestones. Early adopters get a first-mover advantage – 244% staking APY to increase their potential returns after the token lists on major exchanges. 2. MIND of Pepe ($MIND) Proves the Days of AI Aren’t Over Nvidia stock and the entire AI crypto sector have dipped noticeably this week as the new…
Filed under: News - @ January 30, 2025 10:31 am