Bitcoin open interest (OI) on Binance recently increased by 3.30% to $10.96 billion. US CPI data fueled this jump, suggesting further US interest rate cuts are on the horizon.
If price cuts materialize, bullish sentiment for cryptocurrencies is expected to accelerate – US investors will have more disposable income to spend on riskier assets, such as cryptocurrencies.
This market optimism points to boom times for utility-based cryptocurrencies like $MIND, $SOLX, and $FLOCK. They could even be the next best cryptocurrency for 100x. Let’s explore why.
1. Mind of Pepe ($MIND) – AI agent collecting exclusive insights about cryptocurrencies
Baby Mind ($MIND) It builds on the success of $PEPE (the third largest meme coin with a market cap of $7.7 billion).
Unlike its predecessor, $MIND has an actual utility, including an autonomous AI agent that operates with little to no human supervision.
The AI tool X is used to collect crypto insights from projects, decentralized applications, social media communities, and influencers. It uses this information to predict prices and provide invaluable trading advantages to pre-sale holders.
Only $MIND holders can access these insights, making it an attractive investment opportunity, especially if you get access early. Staking is another huge benefit (1,196% of current APY, with over 292 million tokens already held).
Not surprisingly, the coin has already raised a whopping $1.4 million in pre-sale ($500,000 in just 24 hours), and is set to go much further with enough community support.
2. Solaxy ($SOLX) – Facilitates token transfers on the first ever Solana L2
$Solex It could be The following cryptocurrencies are exploding Because it ships the world’s first Solana Layer-2 (L2) blockchain.
Although Solana was once appreciated for being one of the fastest blockchain networks, it has become a victim of its own success. Solaxy aims to unleash Solana’s full potential by making the network more scalable at lightning speed.
L2 aims to achieve this by managing large transaction volumes, making the process smoother, and preventing failed transactions during peak times.
Everything is made possible thanks to Solaxy that leverages the benefits of both Solana and Ethereum, connecting the two leading ecosystems for ultimate success.
Furthermore, the meme token facilitates project governance, token transfer, and staking (currently with 331% staking rewards), each of which contributed to the coin raising over $10 million upon pre-sale.
It is the second coin to be developed for the L2 network, after Ethereum’s L2 coin Pepe Unchained (PEPU). However, it is the first ever second class in Solana.
$PEPU has a massive market cap of $44.36 million, which could indicate positive times for $SOLX once it gets listed on cryptocurrency exchanges and attracts more attention.
3. Flockerz ($FLOCK) – Governance rights for borderless ecosystems
Flockerz has already attracted over $10 million in pre-sale, thanks to granting token holders voting rights on the DAO-operated Flocktopia platform.
The Vote for Profit initiative is unique in the industry, and could be the selling point that pushes $FLOCK’s price to new heights once it’s listed.
Token holders can also earn an additional FLOCK every time they contribute to the future course of the ecosystem, whether by expressing opinions on upcoming developments or making token burning decisions.
What also draws attention to the coin is its collectible initiative (271% APY) and strong social media presence, with 30.6k mints X Followers and 6K+ cable Subscribers.
Each of these points indicates that now is a great time to buy $FLOCK for just $0.0066883, especially since its price will rise in six days.
4. Virtual Protocol ($VIRTUAL) – tokenized ownership of the AI agent
Virtual Protocol ($VIRTUAL), a crypto project on Base that enables investors to own shares in AI agents, also benefits from the benefits of AI.
Every time AI agents interact with users, they generate revenue, and token shares represent ownership of profits.
Furthermore, the currency is the backbone of a decentralized platform that integrates AI and Web3 to create digital interactions in virtual environments (including games and metaverses).
Investors are attracted to its expanded utility, as evidenced by $VIRTUAL’s 30.83% jump in daily volume and an impressive market cap of $2.43 billion.
If the AI agent industry maintains its current pace, $VIRTUAL should see a more positive performance and a higher peak.
This impact should be further amplified by the popularity of AI agents built on the Virtuals protocol, such as Luna ($LUNA), which grew by 677% Last year.
5. XDC Network ($XDC) – Jumped 22.13% after High DeFi TVL
Last but not least is XDC Network ($XDC), which rose 22.13% in 24-hour trading volume due to DeFi TVL reaching its highest level since 2022.
This rise has raised the market value of the currency to $2.07 billion.
$XDC is the backbone of the XDC Network’s hybrid blockchain network, which digitizes and simplifies various processes (including letters of credit) to help companies and developers reduce risks.
It integrates both private and public blockchains to create a secure and efficient environment.
The local currency strengthens the ecosystem by deploying smart contracts, paying transaction fees, and securing the network, all of which makes it a worthwhile investment opportunity.
The XDC Network is one of the most important RWA (Real Assets) tokenization projects in the industry, and this may be to its advantage.
with The RWA industry is expected to reach $50 billion in 2025$XDC is bound to benefit and receive significant interest from investors.
US interest rate cuts could push cryptocurrencies
With the potential for future interest rate cuts, cryptocurrencies like $MIND, $SOLX, and $FLOCK could be the next best cryptocurrencies after 100x.
Once they join cryptocurrency exchanges, they may mirror the success of $VIRTUAL and $XDC, which have jumped 37,099.27% and 179.42% since their listing.
However, before making any investment decisions, always be sure to do your research and never invest more than you would be sad to say goodbye to.
The post The 5 Best Crypto to 100x After Bullish CPI Data first appeared on Investorempires.com.