While implementing a strategic Bitcoin reserve on a federal level isn’t easy, 20 US states have proposed their own Bitcoin bills.
This includes Oklahoma, Massachusetts, Ohio, Texas, and Illinois. North Carolina plans to allocate the largest sum to $BTC purchases, over $2.6B.
If passed, these 20 US states would collectively buy roughly 247,000 $BTC, worth $23B at the current price.
Some states plan to buy $BTC with general funds, while others are considering spending seized assets and donations.
Either way, nearly half of the US states holding $BTC long-term is bullish news for the entire industry. It would stabilize $BTC’s price and legitimize crypto in the eyes of the average investor, pushing the adoption of altcoins.
We share the four new crypto projects that are most likely to feel the positive effects of Bitcoin reserve bill enactment.
Solaxy ($SOLX) Unlocks Solana’s 65K TPS Potential
Over the next few years, we’re likely to witness an influx of new Web3 projects. Many of them will run on Solana due to its flexible developer tools, including no-code platforms like Pump.fun.
The problem here is that Solana isn’t ready to handle so many applications. Although Solana’s theoretical throughput is 65K TPS (Transactions per Second), its actual average TPS is just 4.6K.
Network congestion leads to slower processing, higher fees, and, sometimes, failed transactions.
Solaxy ($SOLX) is the first ever Layer-2 solution for Solana. Processing part of transactions off the main chain could enhance Solana’s efficiency and scalability.
On top of that, Solaxy bridges the two largest dApp networks, Solana and Ethereum, ultimately creating a more interconnected blockchain ecosystem.
$SOLX token presale raised $20M so far, with one token priced at $0.001634. However, the countdown to the next price uptick has begun, so now is the last chance to secure your share of tokens at this discount and stake them at 196% APY.
BTC Bull Token ($BTCBULL) Supports $BTC On Its Way to New ATHs
BTC Bull Token’s ($BTCBULL) performance directly correlates with that of $BTC. This new crypto blends meme appeal with an innovative airdrop system.
BTC Bull Token also employs a deflationary tokenomics model where part of tokens are permanently removed from circulation whenever $BTC’s price grows by $50K. Artificial scarcity could push $BTCBULL’s value higher, assuming the demand remains unchanged.
The presale kicked off last week and already surpassed the $1.3M milestone. One $BTCBULL now costs $0.00236 – this is the lowest entry point into the project. Early adopters can maximize their holdings with 298% APY, which will decrease as the staking pool grows.
Experts say that after $BTCBULL launches on exchanges, it could become one of the top meme coins of this bull run.
MIND of Pepe ($MIND) Delivers Data-Driven Insights for Strategically Timed Investments
MIND of Pepe ($MIND) could be the only tool you need to capitalize on the altcoin season.
This AI agent analyzes crypto market data and engages in discussions on social media to spot and, possibly, predict trends. As a result, $MIND token holders will be the first to find out about market-moving news.
Additionally, MIND of Pepe can launch its own tokens, which will be exclusively available to $MIND holders before they go public.
MIND’s data-driven, real-time insights are the secret to timely and informed trading decisions. And unlike humans, AI agents have no emotions to cloud their judgment, so MIND’s insights are always unbiased.
You can now gain access to the MIND of Pepe community through the $MIND token presale. Early birds already invested over $6M and staked 920M tokens at 380% APY.
Koma Inu ($KOMA) Is the Top Dog on BNB Chain
Koma Inu ($KOMA) is this week’s top gainer in the Made in America token category on CoinMarketCap.
Launched in October on the BNB Chain, $KOMA hit its all-time high of $0.1952 in December and now trades at $0.053. However, it’s now regaining bullish momentum as the community is hopeful Binance could list the token.
Koma Inu presents itself as ‘son of Shib’ and ‘protector of BNB.’ In the best tradition of meme coins, Koma Inu is community-centric and truly decentralized. $KOMA holders get a say on development proposals and token burn initiatives.
Namely, when $KOMA reaches a $50M capitalization, the project team plans to burn 2% of the token supply to boost value through scarcity. The token’s current market cap is $33.2M, so $KOMA needs to cost $0.079 to achieve the target.
Bitcoin Reserve Bills Herald a New Crypto Dawn
It seems we’re watching crypto history in the making. If even half of all the states that proposed Bitcoin reserve bills enact them, this would pave the way for others and make a federal strategic Bitcoin reserve much more realistic.
Essentially, state heads are saying, ‘crypto is legit,’ and this extends far beyond $BTC.
Suddenly, new crypto projects like Solaxy and BTC Bull Token don’t seem so ‘out there’ anymore even for risk-averse traditional investors.
However, remember that the crypto market remains volatile. DYOR, diversify, and never invest more than you can afford to lose.
