The next big thing in crypto is utility coins, according to one veteran analyst.

In a Twitter post earlier this week, Toray Kortan pointed out how these coins could be about to pump.

And his prediction seems spot-on: Best Wallet (BEST), a fast-growing crypto wallet project, has now raised over $2 million during its ICO.

Top Analyst Says Utility Coins Set to Dominate Crypto Market

Kortan, known for his accurate market calls and Twitter following of over 59,000 people, says big shifts are coming to the crypto market.

His post from Monday grabbed everyone’s attention as he speculated utility coins are the next niche to watch.

“If crypto integrates into society, society will need to derive value from utility,” Kortan wrote, hinting that the days of pure speculation might be ending.

And he’s got a point.

There’s a whole world of difference between a token that just sits in your wallet and one that powers real-world services, like cross-border payments or managing digital identities.

If things are really progressing in the direction everyone (and Trump) says they are…

You may want to put utility back on your radar.

If crypto integrates into society, society will need to derive value from utility.

You’re seeing a taster of this now.

— T (@TorayKortan) December 2, 2024

Kortan, who also runs a popular crypto education platform, says this shift is already happening.

His insights overlap with the growing buzz around coins with actual use cases, such as running DEXs or managing smart contracts.

Plus, with Donald Trump coming into office soon, Kortan believes these coins could be primed to connect crypto innovation with everyday life.

Utility Tokens Already Rallying as XRP & BNB Post Gains

It looks like Kortan’s call on utility coins is already playing out.

The sector has been on fire lately, with several utility-focused cryptos posting huge gains.

XRP is leading the way, risi