Amid falling crypto prices, seasoned crypto analyst Jamie Cootes has words of encouragement for crypto backers around the world. And he backed them up with some compelling evidence.
Coutts turned to X to share various signals that suggest the crypto market is bottoming out and therefore ready for the next upswing.
This month's crypto flush led to the highest 365-day new low (NL) reading since mid-2024. While it is not a definitive bottom signal, it does suggest that a bottom is forming. Focus on assets that have outperformed over the past year and during this recent pullback.
- Jamie Coutts CMT (@Jamie1Coutts) February 11, 2025 The first of many upside signals is a possible reversal forming on the TOTAL2 chart, which shows the combined market cap of all crypto assets except $BTC and stablecoins.
Another positive signal, according to Coutts, is the growing acceptance of bitcoin, which he says "is finally being recognized as the safe-haven asset it was intended to be."
With the speed at which blockchain technology is being introduced and adopted in various sectors, the crypto economy is ripe with potential.
If you're determined to maximize profits in your next bull run, here are 4 hot tokens to consider including in your portfolio.
- 1st BTC Bull ($BTCBULL) - The best new meme coin that follows bitcoin's growth
Thanks to the growing acceptance of crypto and Trump's pro-crypto stance, bitcoin is expected to reach new highs in the coming months. The low-cap BTC Bull ($BTCBULL) meme coin offers an exciting and lucrative opportunity to capitalize while lagging behind bitcoin, reaching $250K and more
Holders of $BTCBULL tokens will receive free $BTC airdrops when and if Bitcoin passes major milestones, such as $150K, $200K and $250K.
The developers of this project will also burn a portion of the total supply (21B tokens) at regular intervals to stimulate demand and profits for early investors.
BTC Bull's pre-sale went global, raising $1.3 million in just four days of its launch. You can get a $BTCBULL token for just $0.00236 if you buy now.
- 2. Meme Index ($MEMEX) - A less risky approach to investing in Meme Coins
As the first provider of meme coin baskets, Meme Index ($MEMEX) is here to change the way you look at crypto investing. While investing in meme coins used to be considered the riskiest of all, now you can play it safe and diversify your portfolio with an index token.
Meme Index offers 4 different baskets, each with meme coins of different volatility and market capitalization. Depending on how much risk you're willing to take (as well as how much reward you're looking for), you can choose a basket that suits you.
The benefit of choosing a basket of memes is that it takes the effort out of choosing the best cryptocurrencies to invest in. It's a beginner-friendly platform that makes the process easier than ever.
In addition, because your money is split between different tokens, there is less risk of loss. That's the beauty of an index.
The $MEMEX pre-sale has already raised more than $3.6 million. Each token is currently priced at $0.0161637 and if you enter now, you can also take advantage of the astronomical 628% wagering rewards. Here's how to buy $MEMEX.
- 3. Best wallet token ($BEST) - Official token of the best crypto wallet
Best Wallet Token ($BEST) is the native cryptocurrency of the best crypto wallet on the market right now, appropriately named Best Wallet. It's a non-custodial wallet, which means you'll have full control over your wallet's private keys - which means full control over your funds.
The portfolio currently boasts over 500 thousand users and intends to capture 40% from the market by 2026.
$BEST holders not only get the standard benefits of using Best Wallet, but a bunch of exclusive benefits as well.
These include higher wagering rewards, lower transaction fees, voting rights and access to the best new coin memes in the pre-sale before anyone else.
Although not a meme coin, at the time of writing, $BEST is among the top crypto pre-sales for utility tokens, having already raised more than $9.8 million.
1 $BEST is currently priced at $0.023975, but interested investors should hurry as the price is expected to rise in just a few hours.
- 4. OFFICIAL TRUMP ($TRUMP) - Official Mint Coin of the President of the United States
Donald Trump sparked a buying frenzy when he launched his official meme coin, $TRUMP. $TRUMP rose over 12,000% on the first night after launch, jumping from just $3 to $70. The huge buying pressure broke the blockchain and proved crypto enthusiasts' love for the first ever crypto-friendly president.
After some heavy price correction, $TRUMP is once again among the hottest tokens. Up 17% today - and a very promising 8% in the last 7 days.
Considering that Donald Trump's election victory single-handedly boosted $BTC from $68K to $100K in just over a month, there's hardly any debate about the impact of the "yuge" that POTUS is exerting on the crypto market as a whole.
Since Trump leans heavily in favor of crypto, his official meme coin could easily be among the most profitable once crypto hits new highs.
Conclusion
The crypto market is getting ready for a breakout, making it a great time to buy those 4 hot tokens and move all the way to the bank.
As always though, we encourage you to do your own research and only invest an amount that you are comfortable losing. None of the above is intended to replace professional financial advice.