According to recent United States Securities and Exchange Commission (SEC) filings, the largest Bitcoin treasury company, Strategy, acquired 855 BTC worth around $75.3 million, as the premier cryptocurrency dropped below the company’s average buying price.
This move comes as DeepSnitch AI races past established cryptocurrencies, garnering attention over 100x forecasts. Specifically, DeepSnitch AI has been in the headlines recently, demonstrating its potential to grow investors’ portfolios by 100-fold this year.
Several market players have deposited over $1.47 million in DeepSnitch AI’s ongoing presale, buying its native token for $0.03830 in stage four. Given the projections around DSNT, DeepSnitch AI may be the best crypto to buy now.
Strategy invests $75.3M in BTC as price slides
Following Bitcoin’s price drop below $75,000, the world’s largest BTC holder, Strategy, added a fresh pile of the king crypto to its holdings.
Per a US SEC filing on February 2, Strategy bought 855 BTC last week for $75.3 million. These purchases happened at an average BTC price of $87,974, followed by a dip to $75,000, CoinGecko revealed.
The latest addition rounds off Strategy’s Bitcoin reserve to 713,502 BTC, accumulated at an average price of $76,052 per unit. The decline brought Bitcoin below Strategy’s average buying price, marking the first time this has happened since 2023.
Top cryptocurrencies to buy today: Which of these 3 will be the next crypto to 100x?
1. DeepSnitch AI: Why the headlines buzz with 100x narrative
DeepSnitch AI is dominating the headlines with the narrative that it could be the next crypto to 100x. This outlook stems from having a clear utility, a well-defined roadmap, sustainable tokenomics, and a low-cost advantage.
For a long time, information asymmetry has been the difference between retail and institutional investors, with the latter able to make more money because they know things the former doesn’t. With DeepSnitch AI, the tide is turning in retailers’ favor.
This platform will deploy five AI agents to track and monitor whales’ on-chain activities, enabling retailers to replicate their strategies for gains. The agents not only scan for market opportunities but also conduct security analysis on token contracts and monitor shifts in market sentiment.
To access these tools, you have to be a DSNT holder. DSNT is in stage four of its presale, priced at $0.03830, with over $1.47 million raised. As one of the trending coins this week, many believe DeepSnitch AI could be the next crypto to 100x.
2. LayerZero price prediction: Leverage re-enters the market as price holds steady
Following a strong multi-week uptrend, ZRO is entering a cooling phase. The asset pulled back from a local peak around $2.40, yet the broader structure remains bullish.
The chart shows ZRO trading within a narrowing range after its uptrend slowed below $2.40. However, the price keeps forming higher lows above mid-range support, indicating that buyers are defending against further pullbacks.
But for a rebound to happen, stronger confirmation is required. Presently, ZRO is down 5.71% to $1.81, reflecting the correction over the past week.
3. Morpho price prediction after Bitwise non-custodial vault strategies rollout
Bitwise has taken a step towards expanding its on-chain decentralized finance products by launching non-custodial vault strategies on the Morpho protocol. This on-chain vault deploys USDC into overcollateralized lending markets, targeting returns of up to 6%.
While noting this move, Bitwise stated that the vault strategy focuses on USDC but aims to explore additional stablecoins and crypto assets in the future.
Morpho reacted to this development by jumping 3.24% over the week, hitting $1.28. With the bullish momentum still in play, Morpho is expected to trend higher, making it one of the top cryptocurrencies to buy today.
The bottom line
Strategy’s continued purchase of Bitcoin despite its decline demonstrates its conviction in the asset’s potential to appreciate over time.
This same level of conviction has been extended to DeepSnitch AI, one of the trending coins this week, where investors expect it to increase by 100x this year. As a result, they have bought $1.47 million into its presale in stage four at $0.03830.
DeepSnitch AI also has a bonus program for early participants, rewarding them with up to 300% of the tokens they’d receive on investments above $30,000 by using the code DSNTVIP300.
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FAQs
1. What is the best crypto to buy now?
Based on the market outlook, DeepSnitch AI is considered the best crypto to buy now because it is positioned to deliver 100x returns compared to LayerZero and Morpho.
2. What are the top cryptocurrencies to buy today?
Given their ability to withstand the current bearish market, DeepSnitch AI and Morpho are the top cryptocurrencies to buy today.
3. Which coin could be the next crypto to 100x?
Predictions suggest that DeepSnitch AI is more likely to achieve a 100x growth this year. Its micro-cap status allows investors to buy low at $0.03830 and sell high, possibly at $3.
