Is altcoin season coming? Coinbase lists several new altcoins, including utility tokens like $CAKE and $SQD

Well, popular crypto exchange Coinbase has announced that it will list several new altcoins, including utility tokens like $CAKE and $SQD, but also meme tokens

Popular crypto exchange Coinbase (NASDAQ:) will be adding several new altcoins to its platform on Thursday at 12 p.m. EST.

Among the new additions are utility tokens like CAKE and SQD, but also meme coins like FARTCOIN.

"Good morning traders. Coinbase will be listing several new altcoins to its platform on Thursday at 12 p.m. EST. Among the new additions are utility tokens like CAKE and SQD, but also meme coins like FARTCOIN. Members can start trading them from Thursday 12 p.m. EST."

This 'stinky' token, which came into popularity in October 2024 after the Truth Terminal AI chatbot promoted it, has risen more than 44% in the past week.

And, considering that FARTCOIN is now bouncing off the 20 EMA on the weekly chart, its Coinbase listing could be the push it needs to hit a new all-time high of $2.75.

However, before we move on to our top three best altcoins to buy ahead of the next rally, let's take a look at some other hot topics in the crypto world today.

Dogecoin (DOGE) Surges As Trump, Musk Settle Feud

After a two-day long online brawl between power and money, i.e., Trump and Musk, the latter tweeted to express regret on his earlier posts about the president, admitting that he 'went too far.'

Dogecoin (DOGE), a top meme coin that's heavily influenced by Musk's tweets, welcomed this news with open arms and jumped 6.32% to $0.20.

It's worth noting that the correlation between Musk and $DOGE became stronger after his appointment to the Department of Government Efficiency (DOGE).

In other news, Bloomberg has also upgraded the chances of a Dogecoin ETF approval to 80%, which is now more than Cardano's 75%.

As you can probably guess, a $DOGE ETF will boost market participation in Dogecoin, potentially throwing it to new heights.

Top 3 Best Altcoins To Buy Now

With all the recent news pointing towards an alt season just around the corner, surely you'd like some suggestions to prepare for the new market frenzy.

We hear you, and we're here to deliver. Here are our top three best altcoins to buy before the next rally.

1. Solaxy ($SOLX) - First-Ever Solana Layer 2 is the Altcoin to Buy Right Now

Solaxy ($SOLX), plans to alleviate Solana's pain points and restore its efficiency, which is the main reason why meme coins flock to it in the first place.

Solana has been struggling with congestion ever since the success of $TRUMP and $MELANIA flooded the network with transaction requests.

However, Solaxy will solve this by building the first true L2 solution on Solana. This will reduce the traffic on the network's mainnet by offloading transactions onto a sidechain. The transactions will then be validated on the L1. This will keep the security intact, ensuring that investors benefit from both the L2's speed and the L1's security.

Additionally, Solaxy's recent collaboration with Hyperlane will also benefit Solana, because it'll plug the Solaxy blockchain directly into Ethereum. This multi-chain approach will allow investors to tap into both Ethereum's liquidity and Solana's efficiency.

The project is currently in presale for four more days, which is noteworthy because it means you can buy Solaxy for some of its lowest-ever prices. One $SOLX is available for just $0.001754, and the presale has raised a whopping $48M so far.

After listing this June, our Solaxy price prediction sees the coin potentially hitting $0.32.

2. BTC Bull Token ($BTCBULL) - Bitcoin-Themed Meme Coin Offering Free $BTC Airdrops

BTC Bull Token ($BTCBULL) is one of the best cryptos to buy now on account of its unique way of supporting Bitcoin's growth.

If you buy $BTCBULL and store the tokens in Best Wallet, every time Bitcoin reaches a new milestone - $150K and $200K - you'll receive free $BTC directly in your crypto wallet.

In addition to a game-changing airdrop idea, BTC Bull Token also plans to burn a part of the total token supply at regular intervals.

A token burn event will take place every time Bitcoin's price climbs up by $50K. Accordingly, the first burn event will take place at $125K, followed by another at $175K, and so on.

Investors, both retailers and crypto whales, are flocking to BTC Bull Token's presale. It's currently ongoing,