Michael Saylor at Strategy suggested the US should buy 20% of the entire $BTC supply to fund its strategic Bitcoin reserve.
That’s an ambitious target, as there’s only room for one country worldwide to control one-fifth of the network, given $BTC’s scarcity.
This would give the US a serious economic and, possibly, geopolitical advantage.
If the US doesn’t follow this advice, ‘the Saudis would buy it first, or the Russians, or the Chinese or Europeans,’ says Saylor. But the US is most likely to win this race with its current pro-crypto administration.
While a federal-level Bitcoin reserve is still under question, several states are considering creating their own reserves. Namely, Utah’s Bitcoin Reserve House Bill 230 has progressed to the second senate reading.
Were the US government to buy 20% of the 21M token supply, it would send $BTC to unprecedented heights, and other crypto would follow suit.
Of course, this won’t happen in the blink of an eye. That’s why we picked the best altcoins to hold long-term as crypto enters its next major expansion phase.
1. Solaxy ($SOLX) Is the Layer-2 Solution Solana Desperately Needs
Solana is the second-largest crypto ecosystem, closely following Ethereum with its $765B market capitalization. For a record, in January 2024, Solana ecosystem’s market cap was a little over $100B.
The influx of new projects and meme coins on Solana proves the network has what it takes to rival Ethereum. But first, Solana needs to address its scalability limitations.
Solaxy ($SOLX) is the first-ever Layer-2 solution for Solana, built on Ethereum’s rollup architecture.
It will bundle transactions from the Solana mainnet and offload them to its side chain for more efficient processing. As a result, Solaxy could prevent network congestion and failed transactions.
The $SOLX token presale generated $22.7M in funding since its launch.
One token now costs $0.001642, but analysts predict it to hit $0.032 by year-end. This means now is the best time to join the project, particularly with the current staking APY of 179%.
2. BTC Bull Token ($BTCBULL) Rides Bitcoin’s Wave to New ATHs
BTC Bull Token ($BTCBULL) is a new meme coin on presale that supports $BTC on its path to new all-time highs (ATHs).
$BTCBULL holders will receive free $BTC airdrops when $BTC hits $150K and $200K. The only requirement is to hold tokens in Best Wallet, a multichain non-custodial wallet available on Android and iOS.
An additional, larger airdrop of $BTCBULL will happen when $BTC breaks above $250K. By that time, the $BTCBULL token would have time to mature and increase in value.
Its deflationary tokenomics model, where a portion of tokens is burned at certain $BTC price milestones, aims to support this upward price trajectory.
$BTCBULL token presale had an impressive early success, with $2.5M raised in ten days. Early birds can buy $BTCBULL at $0.002375 per token, but the price grows fast as more investors join the community.
3. Best Wallet Token ($BEST) Powers the Fastest-Growing Wallet Ecosystem
A reliable, secure wallet is a must if you plan to hold your crypto long-term. Exchange-based wallet protection only goes as far as the platform’s own integrity and security, which history has shown isn’t foolproof.
Best Wallet is a non-custodial crypto wallet, meaning that only you control your private keys. As a mobile-first app, it lets you send, buy, swap, and stake crypto from one user-friendly interface.
However, Best Wallet’s key standout feature is its Token Launchpad, which gives easy access to vetted presale tokens.
The Best Wallet Token ($BEST) gives its holders special perks within the ecosystem, including lower trading fees, higher staking yields, and governance rights.
One $BEST now costs $0.024075, and you can stake it at 157% APY. Early adopters have invested over $10M into the project, recognizing its potential to capture a substantial share of the crypto wallet market in the upcoming years.
4. Tether Gold ($XAUT) Is the Ultimate Crypto for Safe-Haven Asset Investors
Gold is a traditional safe-haven asset, which risk-averse investors always sought as an inflation hedge. Even if governments begin a $BTC accumulation race, gold will remain a key store of value.
Tether Gold ($XAUT) is a stablecoin pegged to physical gold reserves. Unlike Tether ($USDT) or Circle ($USDC), which maintain a relatively stable value that depends on the US dollar, $XAUT has been growing steadily throughout the years–as did gold.
Essentially, each token represents ownership of one troy fine ounce of gold on a London Good Delivery bar. Tether holds its gold reserves in a Swiss vault, and the token provides the right to redeem the physical gold.
This makes $XAUT an appealing crypto to hold long-term for investors who are interested in blockchain technology but also seek stability.
Best Altcoins to Hold as Nations Race for $BTC Dominance
The current Bitcoin reserve competition reminds of the Space Race era, where countries sought to be the first nation in space or on the Moon.
While $BTC leads this digital transformation, the four best altcoins on our list allow investors to potentially secure greater gains due to their lower entry points.
However, remember that the crypto market is volatile. Always do your due diligence and diversify your portfolio to minimize losses.
