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Cryptocurrency News Articles
Best Cryptos to Invest in Right Now: Sonic Labs (S), Maker (MKR), Avalanche (AVAX), Hyperliquid (HYPER), Solaxy (SOLX)
May 14, 2025 at 09:14 pm
This article highlights standout projects with notable momentum, helping to simplify the search process for those seeking promising assets.
President Biden announced on Friday that Saudi Arabia plans to invest up to $600 billion in the U.S., a move that could create jobs and boost the economy. The investment will be made in various sectors, including renewable energy, technology, and infrastructure.
The investment is part of a broader effort by the Biden administration to strengthen ties with allies in the Middle East. The administration has also been working to withdraw U.S. troops from the region.
Saudi Arabia is a major oil producer and a key ally of the United States in the Middle East. The country has been investing heavily in renewable energy and technology in recent years.
The investment by Saudi Arabia is expected to create a significant number of jobs in the United States. It will also help to boost the economy as the country recovers from the COVID-19 pandemic.
The investment by Saudi Arabia is a significant development in the U.S. economy. It is also a sign of the close ties between the two countries.
Earlier this May 13, President Trump declared that the crypto markets are experiencing massive trends, and within the hour, crypto markets began showing a sharp uptick. Investor enthusiasm surged further after news broke that Saudi Arabia plans to invest up to $600 billion in the United States.
This wave of optimism has prompted a renewed search for the best crypto to invest in right now as traders and long-term holders look for tokens poised for significant growth. This article highlights standout projects with notable momentum, helping to simplify the search process for those seeking promising assets.
Best Crypto to Invest in Right Now
Sonic Labs has disclosed a $10 million token sale to Galaxy. At the same time, Avalanche is trading at $26.49, marking a 9.01% increase in the last 24 hours. The SOLX project has secured over $33 million in its presale phase.
In the broader market, leading meme coins have posted gains of up to 110% over the past week, coinciding with a recent easing in tariff tensions between the U.S. and China.
1. Sonic (S)
Sonic Labs recently announced a $10 million strategic token sale to Galaxy, disclosed during the Sonic Summit in Vienna. This is set to strengthen Sonic’s position in the U.S. and support its development of dApps.
This investment highlights Galaxy’s interest in Sonic’s infrastructure, particularly its compatibility with the Ethereum Virtual Machine (EVM).
This feature allows developers to build applications on Sonic using familiar Ethereum tools, speeding up adoption. Sonic’s technology is designed to support high transaction throughput.
At Sonic Summit, we announced our $10M $S sale to @GalaxyHQ.
This investment strengthens our US market position and provides critical support for our DeFi ecosystem.
🔗 https://t.co/owtQ0SS1bi pic.twitter.com/4ZFJRHlmXw
— Sonic Labs (@SonicLabs) May 12, 2025
The S token, used within the Sonic ecosystem, is changing hands at $0.6024 and has gained over 7% in the past 24 hours. Despite being down 42% from its all-time high, the token shows relatively high liquidity based on its volume-to-market cap ratio. Trading activity suggests solid interest, and current sentiment leans bullish.
According to forecasts, the token could see a substantial price increase in the near term, as the Galaxy partnership could serve as a turning point for Sonic, especially in attracting institutional users and expanding its footprint in key regions.
2. Maker (MKR)
Maker (MKR) is the governance token for MakerDAO and the Maker Protocol, which operate on the Ethereum blockchain. These systems enable users to issue and manage DAI, a decentralized stablecoin designed to maintain a consistent value against the U.S. dollar. The value of MKR tends to align with the success and stability of the DAI ecosystem.
Recently, MakerDAO took a significant step toward transitioning from MKR to a new token called SKY. A governance vote approving this upgrade passed on May 8. The final phase, known as the Executive Vote, will determine if the deployment of SKY begins. If approved, the upgrade process will roll out gradually.
The Governance Poll to finalize the upgrade from MKR to SKY was approved on May 8.
One step remains: an Executive Vote is required to activate the upgrade plan. If passed, deployments will begin progressively.
Here’s a simple breakdown of what the plan includes. https://t.co/Y6izVTu8jU
— Sky (@SkyEcosystem) May 12, 2025
At the time of writing, Maker is priced at approximately $1,939.50, reflecting an 11.56% gain over the last day. Its market
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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