The ongoing Middle East conflict has taken another sharp turn, with US President Donald Trump now indicating that a deal with Iran could still be on the cards.
In a series of responses to White House reporters, Trump indicated that he doesn’t want to get involved in the Israel-Iran conflict, especially if the latter agrees to shut down its nuclear weapons program.
In another bombshell revelation, Trump claimed that Iranian representatives are seeking a meeting with him at the White House, a proposal he may be open to. Now, The New York Times reports that a senior Iranian government official has confirmed their willingness to meet Trump at the White House.
Crypto prices are flashing green as markets price in the possibility of a breakthrough deal. Bitcoin has reclaimed the $105K mark, with Ethereum also rebounding past $2,500. Altcoins like Aerodome Finance, SPX6900, Worldcoin and Ondo are showing significant bullish strength as well.
Low-cap cryptos like Solaxy and BTC Bull are also among the best altcoins to buy now.
Ironically, it was Trump who tore up former President Barack Obama’s Iran nuclear deal. Now, markets are hoping he’ll be the one to broker a new agreement and de-escalate tensions in the Middle East.
The US President has recently adopted a harsh stance against the Middle Eastern nation, claiming that Iran was a few weeks away from obtaining nuclear weapons.
Just today, the Wall Street Journal reported that Trump had approved military strikes against Iran but held back from issuing the final order.
However, he has also indicated that it isn’t too late to get an agreement with Iran, contrary to what he told reporters on Tuesday.
If Trump extends an invitation to Iranian representatives to visit the White House and negotiate a deal, it could serve as a major catalyst for risk assets, with crypto prices likely to benefit the most.
Indeed, several market indicators suggest the Israel-Iran conflict may be nearing a short-term resolution. For example, crude oil prices remain subdued, a sign that markets are pricing in a de-escalation rather than a prolonged confrontation.
With the Federal Reserve confirming two rate cuts this year in its latest dot plot and the global liquidity continuing to soar, crypto prices are on the cusp of a major upside move. Altcoins like SPX, SEI and WLD are already front-running the rally.
SPX6900, Sei and Worldcoin are all among the best altcoins to buy for outsized returns in this bull market. Assets which bounce the most during broad relief rallies tend to have the highest latent demand and are among the top performers when the bull market resumes.
In particular, SPX6900 (SPX) continues to be the top meme coin investment. The SPX price is up by nearly 18% in the past 24 hours on the Trump-Iran meeting reports.
Meanwhile, low-cap gems are also in high demand. For instance, Solaxy (SOLX) is creating a significant FOMO just days ahead of its June 23rd token launch date.
Solaxy was launched as the first prominent Solana layer-2 chain, promising fast and cheap transactions and high scalability even during high traffic. However, it is now a full-stack ecosystem within Solana, with its own multi-chain bridge, meme coin launchpad and a powerful decentralized exchange.
It is no surprise that the SOLX presale has already raised nearly $55 million in its ICO and is being viewed by many analysts as the next 10x crypto.
Meanwhile, a new Bitcoin-themed meme coin, BTC Bull (BTCBULL), is also in high demand, thanks to its promise of free BTC airdrops.
All BTCBULL holders will benefit from a major token burn event when BTC reaches $125k, followed by a large BTC airdrop at $150k and so on. There is also a massive BTCBULL airdrop at $250k.
The BTC Bull presale has already raised over $7 million ahead of its June 30th end date. Like SOLX, many are viewing BTCBULL as one of the best altcoins to buy now.
