The Bitcoin price has dropped again, making it clear that those looking for the best crypto to buy now aren’t focusing on high-cap tokens. However, amidst the current market tensions, more bad news has emerged.
One of the long-dormant Bitcoin wallets acted up again on Thursday, transferring 2,000 BTC (worth nearly $222 million) into 51 new addresses. This has sparked debate about whether the Bitcoin price is heading for a catastrophic fall.
The news was reported by Onchain Lens on its official channel on X.
Since the wallet belongs to one of the original Bitcoin investors and hasn’t been active for years, the activity is giving the market negative signals. When old holders start moving funds, the market gets nervous. Will the Bitcoin price drop?
While there hasn’t been any information about whether the BTC has reached any exchange address, people are getting nervous.
That being said, some say that the shuffle has more to do with internal movement rather than an actual sell-off. For one, the wallets that the BTC has been distributed to are new, which suggests that the shuffling could have been done for added security. Removing the chance of a single point of failure might be the reason.
However, much of this is still just a rumour. The new wallets could just as well send the BTC they hold to exchanges, which could then lead to the Bitcoin price dropping.
In fact, since the news broke out, the apex crypto has dropped in value. The Bitcoin price has fallen by over 1.4% in the last 24 hours and is trading just above $110K. Hourly charts show that there has been a battle between bears and bulls, with single long green candles trying to undo the dump signified by a string of consecutive reds. So far, however, the price action has continued to consolidate with little hope of a major surge.
Hourly charts suggest that $113K is currently Bitcoin’s most crucial resistance, but it may be difficult to cross unless bulls show real strength.
Analysts have not been positive about the BTC price action. Crypto analyst Fuck Banks has said that the time has come to wait for a three-wave corrective move up for confirmation.
If that turns out to be true, people could be in for a massive market crash, with the BTC price dropping close to $50K.
Since the recent moves have flared signals that someone may be dumping Bitcoin soon, those looking for the best crypto to buy now should start exploring crypto ICOs. Here are the top four picks in this regard:
The growing fear of a Bitcoin dump comes from one key factor, the world’s largest cryptocurrency still lacks true utility beyond its store-of-value narrative. This is exactly where Bitcoin Hyper could make a major difference.
Bitcoin Hyper introduces a utility-focused ecosystem built to expand Bitcoin’s functionality beyond holding and speculation. Its use cases include a high-speed Layer 2 network, decentralized applications, staking, and token bridging, all designed to give Bitcoin the same scalability and accessibility that other modern blockchains enjoy.
Beyond its utility, Bitcoin Hyper maintains a clever meme-driven imagery, combining humor with innovation to appeal to both serious investors and casual traders. Underneath that lighthearted exterior lies a strong technological foundation, developed by a capable team that understands both the Bitcoin codebase and the scaling challenges it faces. The project’s framework, featuring secure deposits and withdrawals between Layer 1 and Layer 2, reflects an advanced technical understanding of blockchain interoperability.
Having already raised over $23.8 million, Bitcoin Hyper has proven that investors are taking notice. Its mix of solid fundamentals, scalable technology, and community appeal makes it a suitable pick for low-cap investors seeking a Bitcoin-flavoured asset with much stronger growth potential.
As fears of another Bitcoin dump spread across the market, investors are increasingly searching for alternative crypto projects with practical use cases. Best Wallet could serve as that one-stop solution, offering an integrated ecosystem where users can trade, stake, and discover emerging cryptocurrencies, all within a decentralized framework.
One of the standout features of Best Wallet is its Token Launchpad, which allows investors to participate in early-stage crypto projects before they reach major exchanges. This feature opens the door for low-cap investment opportunities, letting users diversify their portfolios with high-potential tokens.
The wallet also provides staking options, enabling users to earn rewards while holding their crypto securely. This adds another income stream to the utility-based ecosystem, enhancing both accessibility and long-term engagement.
At the heart of this system lies Best Wallet Token (BEST), the project’s native token that powers all major functionalities. BEST grants users reduced transaction fees, exclusive project access, higher staking rewards, and community governance rights that shape future developments.
With over $16 million already raised, Best Wallet Token continues to build investor confidence through steady updates and feature expansions. By combining launchpad access, staking benefits, and a decentralized infrastructure, it helps unlock a multi-crypto ecosystem that offers both growth and security in a volatile market.
With just four days left before the presale closes, Snorter has already raised over $4.7 million, reflecting a strong wave of investor enthusiasm. Once it launches, users will gain access to its trading bot, designed to simplify and automate meme coin trading within the Solana ecosystem.
Snorter offers several utility-driven perks that make it stand out. These include fast swaps, honeypot and rug-pull protection, MEV and front-running protection, limit orders, and social trading via Telegram, allowing users to track and replicate profitable strategies in real time. Beyond that, Snorter’s 0.85% transaction fee makes it one of the most affordable trading bots on Solana, especially when compared to other Telegram-based options.
Its imagery adds to its charm: the Aardvark mascot, sporting a monocle and a self-assured pose, captures the project’s theme of discovery and sharp market insight. The design cleverly symbolizes how the bot “sniffs out” hidden opportunities across new Solana meme coins, merging function with an instantly recognizable icon that can drive viral growth.
Analysts have noted that Snorter’s blend of humour, accessibility, and robust utility positions it for strong short- and long-term potential.
With fears rising around the current market conditions, people’s search for the best crypto to buy now has pivoted towards crypto presales. The projects listed in this article can help. All of them have unique attributes, and they could have huge upsides in the long term.
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