Since Russia’s invasion, Ukraine has turned to cryptocurrency as a financial lifeline. Crypto has helped citizens bypass disrupted banking systems and enabled rapid global fundraising for wartime needs.
Ukraine’s growing crypto adoption is a case study on how digital assets can come to the rescue when traditional systems break down.
Read on for how this adoption surge affects the best cryptos to buy right now.
Ukraine and Nigeria Become Heavy Crypto Users
Ukraine and Nigeria have made the list of top ten crypto adopters worldwide, with Turkiye close behind.
Ukraine’s adoption is mostly driven by institutional transfers ranging from $1-10M and professional transfers ranging from $10K–1M. Although crypto use is becoming more popular and, indeed, essential, Ukraine has yet to bring cryptocurrencies under the purview of the law, as attempts in 2022 were delayed by the war.
The government is taking active initiatives to promote crypto investments and set clear taxation rules, with Ukraine’s unicameral legislature recently approving the draft bill “On Virtual Asset Markets” on its first reading.
In Nigeria, growth is primarily fueled by smaller-denomination retail and professional-sized transactions, with 13% of transactions falling under $1K.
Turkey’s crypto economy, on the other hand, is heavily centered on stablecoins, with trading volume reaching 4% of its GDP.
As the SEC Chairman Paul Atkins noted in a recent keynote address, ‘an invasion of armies can be resisted, but not an idea whose time has come. And today, we must admit that: crypto’s time has come’.
Despite the market slump, global trends clearly point to an optimistic future for cryptocurrencies. For serious investors, the recent dip presents a brilliant opportunity to get in at low prices.
But which are the best cryptos to buy now? Here are our top picks, based on their core offerings and community strength.
1. Bitcoin Hyper ($HYPER) – A Layer-2 Upgrade for Bitcoin
Bitcoin Hyper has secured the first place on our list of the best altcoins to buy now, and for obvious reasons.
This is likely the only project this season to back up the hype with solid technical progress. The project is building a layer-2 solution for Bitcoin that addresses the key shortcomings of the legacy blockchain, such as its lack of speed and scalability.
In addition, it brings smart-contract support to the network through SVM integration, as shown below.
Interestingly, unlike many early-stage projects, Bitcoin Hyper is more than just a brilliant idea.
The regular tech updates published on the website instill confidence in the project’s journey ahead. For example, according to a recent update, the team has accomplished these milestones so far.
Bitcoin Hyper ecosystem updates on X
Bitcoin Hyper has also undergone two smart contract audits by Coinsult and SpyWolf, eliminating any concerns early backers may have around code vulnerabilities.
Investors have only a short window to buy $HYPER for the current presale price of $0.012975, as the next price surge is just a few hours away.
Get in now and lock in juicy staking rewards, currently at 64%.
2. Maxi Doge ($MAXI) is Doge Mania Reloaded
Maxi Doge ($MAXI) is another top crypto to buy now.
He is Doge’s gym-bro cousin who believes in hustle and 1000X leverage trades.
Unlike Bitcoin Hyper, $MAXI is not a utility coin. It’s a pure meme coin that relies on community strength and storytelling to drive price action.
But is this just another meme coin here to test its luck?
A detailed analysis of the project’s website shows there is more to Maxi Doge than meets the eye. The project is well-positioned to capture the $DOGE mania that is set to unfold as we approach Uptober.
This is where projects like Maxi Doge enter the picture. With a small initial market cap, a clever narrative, and low entry points, it wouldn’t be surprising to see $MAXI outperform Dogecoin this season.
For detailed instructions on buying the presale tokens, read this guide. Don’t forget to stake your tokens to earn passive income (currently at over 130% APY).
Visit the Maxi Doge website to join the token presale at $0.000259 before the next price surge.
3. BNB ($BNB) Has More in Store This Year
For investors who would rather stick to blue-chip cryptos, BNB is a top crypto to consider now. It has recorded a 59% surge in a year, hitting an all-time high of $1,080 just a few days ago.
BNB one-year price performance, source: CoinMarketCap.
BNB’s growing appeal lies in its blockchain ecosystem, known for its low fees and fast transactions. The efficiency has helped it build a large community of users, especially in Asia.
It’s also emerging as a favorite among traditional institutions.
For example, BENJI Token – currently available on Ethereum, Avalanche, Stellar, and Polygon – is expanding to the BNB Chain to make use of its efficient network.
Powered by the trillion-dollar US investment company Franklin Templeton, BENJI Token brings traditional fund shares to the crypto market through tokenization.
Benji is now live on BNB Chain, source: X
The trillion-dollar global investment firm’s BNB integration hints that the network will play a key role in the crypto push into mainstream finance. Real-world tokenization, in particular, is a domain that opens up plenty of opportunities for BNB.
BNB is now listed on all major crypto exchanges at market prices – check out BNB on CoinMarketCap to learn more about its price trend.
Bitcoin Hyper and Maxi Doge tokens, on the other hand, are now in the presale phases and available for purchase at fixed, discounted prices.
Source: https://bravenewcoin.com/partner/best-crypto-to-buy-as-ukraine-users-buy-1b-crypto
