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Best Crypto to Buy as Top Hong Kong Investment Firm Buys More Bitcoin

Best Crypto to Buy as Top Hong Kong Investment Firm Buys More Bitcoin
© Copyright Image: NewsBTC

HK Asia Holdings Limited, a top investment firm in Hong Kong, is the latest to join the Bitcoin buying spree among institutions and companies.

The firm purchased around 7.88 $BTC on February 20, bringing its total Bitcoin holdings to 8.88 $BTC. Put together, HK Asia had to shell out around $97,021 per $BTC, or $862K in total.

Its worth noting that this is the second time the firm has purchased Bitcoin this month. It bought 1 $BTC on February 16, which immediately skyrocketed its share price.

It rose by nearly 100% in just one day. From $2.85 at February 14s close to $5.50 on February 17 (Monday). Overall, its up over 150% since the initial announcement.

Needless to say, a positive reaction to its Bitcoin purchase is probably why the firm is keen on buying more.

Moreover, Hong Kong and Singapore have emerged as frontrunners in Asias efforts to join the crypto train.

HK, for instance, said last week that they need to tap global liquidity by possibly offering new crypto trading products to attract foreign investors.

As institutions flock to buy more Bitcoin, the larger market sentiment clearly looks pro-crypto. This means the current slump is expected to end soon. And when it does, the cryptos mentioned in this guide will be in a pole position to benefit from a fresh rally.

1. BTC Bull Token ($BTCBULL) Overall Best Crypto to Buy In 2025

While the broader cryptocurrency market may not be thriving at the moment, the rise in Bitcoin reserves and the enhancement of DeFi infrastructure indicate a promising future.

With that in mind, BTC Bull Token ($BTCBULL) might just be the best crypto to invest in right now.

Its a one-of-a-kind crypto project that will reward token holders with free $BTC. These rewards will be given out via airdrops whenever Bitcoin reaches new milestones, such as $150K, $200K, and $250K.

Its worth mentioning that the projects developers also plan to follow a deflationary mechanism. This simply means that a part of the total token supply will be burnt off every time $BTCs price appreciates by $25K.

All in all, $BTCBULL is directly tied to Bitcoins success, but at the same time, it offers enough excitement for its own value to probably 100x in the months.

Thats also why its presale has already raised a whopping $2.7M in just two weeks. You can join the bandwagon for just $0.00238 per token.

2. Solaxy ($SOLX) Solanas First-Ever Layer 2 Protocol

Solaxy ($SOLX) might not be as amusing as Fartcoin or as hyped as Broccoli, but it offers possibly the best combination of memeic appeal and real utility. Its set to be the first-ever Layer 2 solution on Solana, after all.

Solana, for all its glory (fast transactions and cheap rates), is currently far from achieving its best form.

As more and more meme coins launched on the blockchain, especially insanely successful ones like $TRUMP, the network has been struggling to maintain its throughput capacity.

By processing transactions off-chain and utilizing Ethereums liquidity, Solaxy will solve Solanas issues, namely network congestion, failed transactions, and limited scalability.

With over $23M raised at the time of writing, Solaxy is also among the best crypto presales ever. 1 $SOLX is currently being offered at just $0.001644, and if this is your first time investing in a presale, heres how to buy $SOLX.

3. Broccoli ($BROCCOLI) New Meme Coin Leaving Everyone Else in the Dust

Broccoli is single-handedly proving that regardless of what experts say and where $BTC and $ETH are headed, the best meme coins can still generate mind-boggling returns.

Inspired by the pet dog of Binances Changpeng CZ Zhao, $BROCCOLI is up 1,109% ever since its debut on February 14. Whats more, its still exhibiting positive momentum, having risen by nearly 165% in the last seven days. It gained another 29% today.

$BROCCOLI came into existence almost immediately after CZ took to X to inquire about how meme coins work.

Then, having understood the wickedly fun game, he hinted at the idea of launching his own dog-themed meme coin. Next came his dogs name and pictures. And as you can probably guess, that was enough for self-proclaimed meme degens to start working.

Verdict

The bull run is surely near, but times like these admittedly require extra vigilance.

We recommend only investing an amount youre comfortable losing and being mentally prepared to see some temporary downward/sideway movement before expecting your portfolio to turn green.

Also, this article isnt financial advice, and you must always do your own research before investing.

Read more: https://www.newsbtc.com/news/best-crypto-to-buy-as-top-hong-kong-investment-firm-buys-more-bitcoin/

Text source: NewsBTC

Disclaimer: Financial information and news are not financial advice, read the disclaimer.
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