Best Crypto to Buy Now as Reports Emerge of China’s “Fresh” Ban on Cryptocurrency Holdings

Whereas most of the world is moving to take a more crypto-friendly front, China seems to be on a backpedal. According to Financial Express reports, the country is imposing a fresh ban on holding crypto, including Bitcoin.

Per the report, the sweeping ban marks the country’s hardline stance against cryptocurrencies, which is now more focused than ever on centralizing financial control and promoting its own state-backed digital yuan. That said, other than the Financial Express, no other publication has corroborated these reports of a “fresh ban,” considering China already has a ban in place.

If the news is true, this could mark a fresh wave of volatility within the cryptocurrency ecosystem—an impact already being felt in the Bitcoin price. Therefore, investors should take pre-emptive measures and invest in the best crypto to buy now.

Bitcoin Drops as the Ban Sends Ripple Across the Cryptocurrency Space

Bitcoin crashed by more than 4% in the last 24 hours, pulling back from its all-time high value of $112K. Considering it happened around the same time as China’s “fresh” ban news broke out, there could be some correlation.

The recent pullback, although surprising, should not be considered the end-all and be-all for the market. Cyclical restrictions are common in China, often leading to a short-term dip in cryptocurrency prices before a bounce. The same may be the case here again.

Furthermore, the reassertion of a ban on cryptocurrency trading in China may consolidate the efforts of people in other countries to dive into more decentralized ways to engage with the crypto economy.

Despite this fresh focus on a “ban,” China’s state-backed financial think tank—the International Monetary Institution—has recently republished an article that promotes China’s role in establishing a Bitcoin reserve.

So, there is some confusion in China’s approach to cryptocurrency that’s introducing even more volatility. While the ban is currently being enforced across the country, even a slight whisper about a Bitcoin reserve makes people question the dragon’s stand on the matter. Chainalysis further reports that by 2023, China had already accumulated $50 billion worth of Bitcoin due to crypto seizures.

Best Crypto to Buy Now

The news about China’s reassertion of its ban on cryptocurrencies—true or not—has still caused the cryptocurrency market to perform in a volatile fashion. Therefore, the best crypto to buy in these situations are ICOs that offer early-bird gains and, through their use cases, can potentially deliver profits in the long term as well.

Mind of Pepe

The first cryptocurrency project that could gain from the market’s current state is also one whose presale will end in less than a day. Mind of Pepe made waves soon after entering the cryptocurrency space, raising over $1.5 million in a single day.

While the pullback slowed the presale down, people came back to check out its offerings. Now, after raising upwards of $11.3 million already, it is heading to a cryptocurrency exchange.

Mind of Pepe’s unique imagery involving a cyborg-Pepe and the AI-driven perks have allowed it to grow to a large degree.

The AI agent of the project, MIND, has already made its way onto Twitter and is constantly engaging the cryptocurrency community with its updates and insights about the market.

Now, all eyes are on MindAI’s terminal to make an entry. This terminal promises deep insights as well as a GPT-esque environment that could help traders navigate the market better.

Those interested in this project should visit the official website. Time is limited, and given how positively people have responded to this project, the chances that it will grow are higher.

Snorter

Since volatility impacts meme coins the most—regardless of the source—people need better solutions that could help them navigate the meme coin market more effectively. That’s where Snorter arrives as one of the best investments on the market.

Powering a Telegram trading bot focused on Solana-based meme coins, Snorter leverages AI-driven mechanics to provide users a massive advantage inside the meme coin arena.

Among the many features the platform has introduced, key ones include automated sniping, honeypot detection, limit orders, copy trading, rugpull protection, and fast and secure swaps.

The roadmap of the project is extensive, with plans to expand its offerings to Ethereum and the BNB Chain as well.

In addition to its use cases, Snorter has also managed to generate quite a bit of buzz thanks to its aardvark-themed imagery. The act of “snorting” the best investment opportunities gives this project a unique appeal, making it a strong contender as one of the best assets to buy this year.

YouTubers agree as well. 99Bitcoins, one of the biggest crypto analysts on YouTube, recently highlighted why Snorter could be the next best Solana-themed meme coin on the market.

Solaxy

China’s apparent reinforcement of the crypto ban means investors should focus on assets that let them truly engage with a decentralized ecosystem. Solaxy, with its L2 solution for the Solana blockchain, could be considered one of the best on the market for this reason alone.

Promising to enhance Solana’s features by addressing its congestion issues, Solaxy has adopted ZK Rollups as the foundation of its facilities.

With the addition of Celestia and Hyperlane technologies, it promises to deliver a stronger Solana ecosystem that could become the breeding ground for new meme coins.

With its focus on simplified tokenomics and development, Solaxy stands out from its peers by being a meme coin with true utility backing it up.

Furthermore, having raised upwards of $42 million to date, Solaxy has become one of the most successful presales of 2025. And considering the presale is ending within 17 days, there is a possibility that it could raise $50 million by the time it goes live.

Conclusion

While the report of China’s “fresh” ban on crypto trading is concerning, it isn’t anything new. Furthermore, there is confusion around the state of cryptocurrency in the country due to the growing number of cryptocurrencies being seized by the Chinese government. There is some buzz around a Bitcoin reserve as well, which further bolsters the market’s volatility.

Therefore, investors on the lookout for better cryptocurrency investments should focus on the best crypto to buy now from the crypto side of the aisle.

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