If that’s true, it could be huge for the crypto market as a whole. With that in mind, let’s look at why that matters and discuss five of the best cryptos to buy now if things begin to pick up.

Has the DOJ Already Sold Their Bitcoin? Market Analysts Think So

The DOJ was recently given clearance to sell $6.5 billion worth of Bitcoin – which got everyone in crypto nervous. Investors’ initial reaction was panic, since people believed the government dumping all that Bitcoin at once would create a massive price crash.

However, Bitcoin’s price has held up pretty well. And some big-name analysts are starting to think that the DOJ might have already sold their Bitcoin stash. For example,Bit Paine on Twitter pointed out that the ruling was actually made on December 30 – almost two weeks ago. He thinks the selling has already happened, and the market has “absorbed” it.

I bet the DoJ coins have already been sold. Court ruling was filed Dec 30. Market absorbed and is redistributing. SBR is a sure thing now IMO.Trump will see this as an insult and a shot across the bow of his administration.The man never takes an L. pic.twitter.com/3lPjWXKbzv

— Bit Paine (@BitPaine) January 9, 2025

That would be great news for crypto in general. It means the market has dodged a bullet, and another rally could be about to kick off. Experienced trader PostyXBT believes Bitcoin is completing a “V reversal” up to the $97,000 level. If Bitcoin again breaks that level and challenges for $100,000, it could lead to a broader market rally – lifting altcoins and meme coins.

What Are the Best Cryptos to Buy Now?

With all this Bitcoin drama potentially in the rearview mirror, smart money is looking for the next big market move. Here are five of the best cryptos to buy if the market gains fresh momentum:

1. Wall Street Pepe (WEPE)

Wall Street Pepe (WEPE) is one of the hottest meme coins right now. Instead of focusing on hype, the team is building a platform that gives everyday traders the tools and signals that crypto whales use. The platform will also feature a staking app offering APYs of 28%.

Wall Street Pepe’s presale is generating a ton of interest – raising over $45.3 million so far. Early investors can buy WEPE, Wall Street Pepe’s native token, for just $000036645 while the presale is ongoing.

With a security audit from Coinsult already completed, Wall Street Pepe is making it clear that transparency is a top priority. Combine that with the coin’s genuine utility, and there’s a case to be made that WEPE is one of the top meme coins to buy this January.

Visit Wall Street Pepe Presale

2. Flockerz (FLOCK)

Flockerz (FLOCK) is doing something different from other cryptos. The team has created a “Vote-to-Earn” system where holding FLOCK gives you a say in how the project is run – and gives you rewards for voting on proposals.

This forms part of the Flocktopia DAO. Investors seem to love this setup, evidenced by Flockerz’s presale raising over $9.4 million. However, the presale will end in 12 days, so investors have one last chance to secure FLOCK at a fixed price before the first exchange listing.

The project now has a thriving community on both Twitter and Telegram. Plus, with a high ranking on the popular CoinSniper website, the signs look promising that FLOCK could rally after it hits the open market.

Visit Flockerz Presale

3. Meme Index (MEMEX)

Meme Index (MEMEX) is the best crypto to buy now for those interested in unique use cases. They have created the first-ever decentralized index fund for meme coins – and this setup is attracting a lot of early attention.

Instead of buying individual meme coins, Meme Index lets community members invest in four different baskets of tokens. Each index has its own risk profile and potential returns, ensuring there’s an option for everyone.

The best part is that MEMEX holders get to vote on which coins are included, so the whole ecosystem is a collective effort. Meme Index even has a staking app offering huge yields of 1,070% per year – ideal for those seeking a passive income stream.

Visit Meme Index Presale

4. Solaxy (SOLX)

Solana has been having problems lately, but a new project called Solaxy (SOLX) might have the solution. They’re building a Layer-2 network to eliminate Solana’s congestion issues. The network is similar to the Base network but for Solana instead of Ethereum.

What’s also interesting is that the team is building a bridge between the Ethereum and Solana blockchains. This bridge has endless potential applications, ranging from cross-chain NFTs and DeFi to gaming and the metaverse.

WOW! $9,236,822! @SOLAXYTOKEN SOLAXY TOKEN - Presale https://t.co/GR9YK45OyQ pic.twitter.com/yk5a0o0hML

— Austin Hilton (@austinahilton) January 8, 2025

Solaxy is still in its presale phase and has raised more than $9.5 million in funding from investors. With SOLX tokens still on offer at a discount, this could be one of the best cryptos to buy if you’re interested in new scaling solutions.

Visit Solaxy Presale

5. Best Wallet (BEST)

Best Wallet (BEST) is a fast-growing Web3 wallet app. Its native token, BEST, is currently in presale, raising almost $7 million so far. Before the first exchange listing, early investors can buy BEST tokens at the low price of $0.02355 each.

The Best Wallet team is taking a whole new approach to managing crypto. They’ve built exciting features like the “Upcoming Tokens” tab that helps you find the next big token before it explodes in price. This feature has already spotted gems like Pepe Unchained.

Best Wallet’s user base is reportedly growing by about 50% every month. It’s easy to see why since the wallet supports over 60 blockchains and 1,000 cryptos. With a high-yield staking app already live, there’s every chance the BEST token could be positioned for a fruitful 2025.

Visit Best Wallet Presale

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