The meme coin space has been on fire in recent weeks.
But now, the trend is shifting – investors are looking past the latest dog and cat coins and investing in projects that do something useful.
Many experts believe “utility tokens” might be the next big thing.
And three names keep popping up in crypto circles: Fantom, Sei, and the new Best Wallet platform.
Fantom’s FTM Token Surges as High-Speed Blockchain Gains Momentum
Fantom has been performing exceptionally well lately.
Its native FTM token has jumped 12% in the past day to hit $1.04, adding to what has already been a successful year.
We’re talking a 250% rise over the last 12 months – and some experts think there’s more upside to come.
After all, FTM is still 69% below where it peaked in the 2021 bull run.
So what makes Fantom stand out?
It’s all because of the blockchain’s speed.
Fantom’s “Lechesis” system can handle around 1,400 transactions per second, and they go through almost instantly.
Plus, sending crypto using Fantom won’t break the bank like with some other blockchains.
Fantom’s team has been busy executing upgrades while everyone else was caught up in the meme coin madness.
They’re keen to make DeFi work better and faster, and app developers are taking notice.
With more people tiring of slow, expensive chains, Fantom is positioning itself well for a potential “utility season.”
Sei Network – The Speed-Focused Layer-1 Drawing Huge Trading Volumes
Alongside Fantom, Sei has also been making some noise.
The SEI token just popped 9% to hit $0.66, and its spot trading volumes have also increased.
They hit $1.1 billion in the past day, which is not bad considering the crypto market has slowed down this week.
What makes Sei stand out is that it’s not trying to be everything to everyone.
While other chains make huge promises, Sei’s team has zeroed in on one thing: making crypto trading fast and smooth.
Their Twin-Turbo system can process trades in under 400 milliseconds.
For context, that’s faster than most other blockchain networks.
Since launching in August last year, the SEI token has notched several all-time highs, most recently in March.
Demand has remained strong, and developers seem to love Sei’s mixture of flexibility and high performance.
That makes it another crypto to watch if utility-focused coins take over.
Feature-Rich Newcomer Best Wallet Looks to Challenge MetaMask & Raises $1.3M in Limited-Time Presale
Aside from Fantom and Sei, there’s one other crypto that investors are watching – Best Wallet.
This new project has been quietly crushing it, raising over $1.3 million in presale so far.
So, why all the excitement?
For starters, Best Wallet isn’t just another MetaMask clone.
Join the $BEST Token Presale!
Stack your $BEST today and lock in the lowest price before it’s gone. Available now on our official website and Best Wallet app.
Every moment counts – don’t miss out!
Download now! https://t.co/AALEwrMCmn pic.twitter.com/975cKh0jLr
— Best Wallet (@BestWalletHQ) November 25, 2024
The team has packed in some advanced tech – they’re the first to use Fireblocks MPC-CMP in the wallet.
Plus, the Best Wallet can work with over 60 different blockchains.
It even has its own DEX that connects to 200 trading platforms, with plans for an NFT gallery and derivatives trading also in the works.
The native BEST token powers all of these features.
Early investors can now secure BEST in presale for just $0.0228 using crypto or a bank card.
Those who hold BEST will get lower fees when using the Best Wallet, first dibs on new presales, and higher staking rewards.
Token holders also get a say in what Best Wallet’s team builds next.
YouTuber Austin Hilton, who has over 283,000 subscribers, said these elements might make it the “best crypto wallet” available right now.
While MetaMask and Trust Wallet have been at the top of the market for years without really changing much, Best Wallet is coming in with many features these older wallets don’t have.
That makes BEST another token to watch if a utility season kicks off.
Visit Best Wallet Token Presale
Disclaimer: The above article is sponsored content; it’s written by a third party. CryptoPotato doesn’t endorse or assume responsibility for the content, advertising, products, quality, accuracy, or other materials on this page. Nothing in it should be construed as financial advice. Readers are strongly advised to verify the information independently and carefully before engaging with any company or project mentioned and do their own research. Investing in cryptocurrencies carries a risk of capital loss, and readers are also advised to consult a professional before making any decisions that may or may not be based on the above-sponsored content.
Readers are also advised to read CryptoPotato’s full disclaimer.
The post Are Fantom, Sei and Trending Best Token the Coins to Watch for Utility Season? appeared first on CryptoPotato.
