Best Crypto to Buy as Panama City Mayor Hints at Bitcoin Reserve
The Panama City mayor has just hinted toward a Bitcoin reserve after a meeting with two El Salvador Bitcoin policymakers.
In a cryptic post on X, the Panama City Mayor Mayer Mizrachi wrote “Bitcoin Reserve,” followed by a rocket emoji.
The move follows the city’s April announcement that it will accept crypto payments for taxes and municipal fees, including bus tickets and permits.
Retail investors, institutions, and even nation states are showing increasing interest in Bitcoin, reminding us that it stands for massive long-term adoption.
This creates an exciting outlook for the market-leading cryptocurrency and, by extension, the broader crypto market. With that in mind, what is the best crypto to buy now?
Investors take more risk in bullish periods – and one of their favourite ways to do this is through meme coins.
But while choosing specific meme coins to buy can be challenging, there’s an easier and smarter way to get involved with the sector: investing in infrastructure.
Right now, one of the best meme coin infrastructure opportunities might just be Solaxy, the world’s first Solana layer 2 blockchain.
Solana is known for its high speed, low fees, and seamless use experience – which make it perfect for meme coin trading.
However, Solana suffers from congestion issues during periods of peak network activity. This leads to longer wait times and an increased rate of transaction failures, which is what Solaxy aims to solve.
It uses transaction bundling and off-chain competition to increase scalability compared to Solana. It aims to reach 10,000 transactions per second, which will unlock new possibilities inside the ecosystem.
Solaxy is undergoing a presale and has raised $37 million so far. This makes it the biggest Solana ICO ever, indicating huge potential for price gains.
MIND of Pepe is a meme coin with its own AI agent. The project uses the viral allure of Pepe coin to attract an audience, but its real value lies in its AI agent.
The agent can scan the crypto market to identify trading opportunities, which it will share with $MIND holders. It can also identify market gaps and launch its own tokens to fill them.
AI agents created meme coins such as Fartcoin and Goatseus Maximus, reflecting the technology’s ability to create viral and culturally resonant cryptocurrencies. With that, there’s every chance MIND of Pepe creates the next breakout meme coin.
$MIND holders will get insider access to these token launches, ensuring they get the best possible prices.
The project is currently undergoing a presale, and it has raised $9 million so far.
However, the $MIND presale will end in 13 days, so potential investors shouldn’t wait to get involved.
Stacks a Bitcoin layer 2 blockchain that offers increased speed and lower fees compared to Bitcoin. It also offers settlement on the main network, which means transactions retain Bitcoin’s security and permanency.
But what’s most interesting about Stacks is its smart contract functionality. It essentially turns the Bitcoin ecosystem into something closer to Solana or Ethereum, where developers can build apps and tokens.
So far, Stacks’ main use case is DeFi apps, which allow users to put their Bitcoin to work and generate native $BTC yields.
With Bitcoin’s adoption rising, it seems like it will only be a matter of time before nations and institutions want to generate yield on their stockpiles and deploy some of their $BTC in the Stacks ecosystem.
Circling back to Solana, Raydium is another promising opportunity right now.
It’s Solana’s largest DEX by trading volume, but the project has started to penetrate new markets. Most recently, it created LaunchLab, a meme coin launchpad to compete with Pump.fun.
Pump.fun has generated over $700 million in trading fees since launching last year, illustrating that it’s one of crypto’s most lucrative business models.
Raydium offers advantages over Pump.fun, such as creator revenue share and multi-token payments. With that, it could potentially steal some of Pump.fun’s market share, and its price may explode.
That’s not to mention that rising DEX activity through the bull market could also boost the price.
Pi Network is an innovative layer 1 blockchain that allows users to mine crypto from their smartphones.
It launched its test network in 2019, and after numerous modifications, it finally transitioned to an open main network earlier this year. The move signifies the first time investors could buy and sell $PI on the open market, and it also made Pi Network interoperable with other blockchains.
With the network live and a massive user base accrued over a six-year window, the project is now expanding its ecosystem. Notably, it recently launched an initiative called Pi Network Ventures.
This is a task force that’ll invest $100 million in startups to build on the blockchain. It has three core aims: to boost $PI utility, enable more of the world’s production on Pi Network, and increase Pi’s visibility.
As this evolves into tangible development on Pi Network, it could attract new users, and by extension, new liquidity. With that, Pi Network appears well-positioned for long-term growth.
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