The Bitcoin (BTC) price continued to decline over the weekend, maintaining the bearish sentiment that has dominated the industry since the initial price drop on October 10.
After dropping from lead to low ten days ago, Bitcoin broke the support level at strong on Friday, hitting its lowest price in over a month.
By the end of the day on Friday, October 17, BTC spiraled down even further, sinking to $104,248 at its lowest point - the value it had not seen since June of this year.
However, as a result of the oversale, the price became undervalued, and investors rushed in to buy the dip over the weekend. This enabled a recovery that brought the coin back up to just over growth. However, this resistance managed to stop it from moving further up.
The arrival of the new week could result in the continuation of the recovery and potentially push BTC beyond this barrier, but for the time being, traders and investors looking for the best crypto to buy now are combing the altcoin market for fresh opportunities.
Best Crypto To Buy Now: Which Coins Are Experts Keeping An Eye On?
While many of the altcoins reacted positively to Bitcoin’s weekend recovery, the bearish week that preceded it did a fair amount of damage to many coins’ and tokens’ prices, making industry participants hesitant to make a move. With that said, many have been keeping an eye on a variety of coins and tokens, even including ICOs. Here are some of the most visited projects in the last day, any of which might be the next best crypto to buy now.
Solidus AI Tech (AITECH)
Solidus AI Tech is a project building one of the first Web3 AI infrastructures powered by a state-of-the-art, eco-friendly, High-Performance Computing data centers in Europe. Its ecosystem is fueled by the project’s AITECH token, and it consists of products that bridge scalable computing, AI utility, and Web3-native tooling.
The project intends to empower developers, enterprises, and even institutions, allowing them to build, deploy, and scale AI solutions seamlessly.
The project is also backed by major partners, such as Trustwallet, NVIDIA, Fetch.ai, IBM, BNB Chain, and others. Thanks to its potential, it is becoming one of the most advanced and adoptable AI tokens in Web3.
The project has been around for about two years now, and its token’s value reached its peak in March 2024, when it climbed to $0.$39, stopping just short of $0.40. Since then, however, it has declined to a support at $0.030, typically fluctuating between this level and a resistance at $0.035.
The last few weeks have seen it drop below $0.030 a few times, even dipping to $0.027 at the end of last month. For now, its price seems relatively stable, but the project could be considered a solid long-term investment as AI is becoming a bigger and bigger part of Web3, and Solidus could have an important role to play in the future.
The project is certainly attracting the attention of industry participants, which might make it the best crypto to buy now for those interested in joining the AI sector of the industry.
Undeads Games (UDS)
Undeads Games is another highly promising crypto project, this one from early 2022. It is a multi-genre gaming company aimed at bringing feature-rich and exciting gameplay to the crypto space.
The firm is focused on building desktop, web, and mobile games, but it brings a unique twist by adding play & earn, play & own, and play & win mechanics. The project released two games last year - a survival racing game, Undeads Rush, which launched for desktop and mobile devices, and Undeads Viral for Web3 players, with more releases coming out in 2025.
Its games even reached Steam, and the project secured several partnerships with multiple recognized traditional and Web3 companies.
As for its native token, UDS, it has seen a massive 1,230% surge in the last 12 months. The reason why it might be the best crypto to buy now is the fact that it soared from $2.30 to $2.47 on Friday, while most other cryptos were experiencing a price drop, led by Bitcoin.
The reason for the surge is a recent announcement that the project’s post-apocalyptic shooter, Undeads, will be coming to Steam on December 15 of this year.
The token’s value has mostly fluctuated between $2.45 and $2.47 over the weekend, but if this trend continues, the new week could push its value further, especially as the hype about the project’s Steam listing continues to build.
Ponke (PONKE)
Next token to consider as the best crypto to buy now is Ponke, which represents a novel digital asset on the Solana network, which stands out from most other projects due to its approach to tokenomics.
It offers a total supply of 555 million tokens, and it leverages the high-speed, low-cost transfers on Solana to offer a unique meme coin experience.
Since its launch, PONKE has grown into a vibrant community, integrated with major platforms, and built a sustainable ecosystem. Its goals moving forward include the desire to remain a top-tier meme coin by expanding beyond the Solana network’s borders, enhancing interoperability, and reinforcing its cultural and financial impact through partnerships and branding initiatives.
Beyond that, the project’s design caters to the needs of traders and gaming enthusiasts, aiming to provide a seamless and engaging experience in these domains.
Following the industry-wide price drop on October 10, Ponke’s price declined from over $0.080 to $0.060, and over the last ten days, it fluctuated between this support and a resistance at $0.070.
However, the project’s token is also one of the most visited ones in the industry, and as meme coins have a tendency to be among the first cryptos to bounce back after a price crash, Ponke could be a project worth considering for short-term gains, especially now that prices are seemingly recovering.
Snorter (SNORT)
Finally, there is another project that could be the best crypto to buy now, and that is Snorter (SNORT). Unlike the others, which have all been a part of the market for years, Snorter is currently still in presale, but only for a few more hours.
The project’s ICO will end today, October 20, making this the final chance for investors to join the presale and buy Snorter at its current low price of $0.1081 before it sees its first listing.
Once the token hits the market, its price might skyrocket and provide strong returns to early investors, especially if the price recovery seen this weekend continues into the new week.
Snorter is a meme coin based on Solana’s blockchain, and also a native cryptocurrency of a new Solana meme crypto trading bot that was inspired by an aardvark and its persistent search for food. Similarly, Snorter was designed to search the crypto market for new investment and trading opportunities, and it is constantly analyzing market data to spot such opportunities for its users.
Naturally, as a trading bot, it is faster at processing data than a human trader, but it also offers numerous other features, such as low fees and fast executions, early access to new tokens, fast and secure swaps, automated sniping, limit orders, copy trading, rugpull protection, honeypot detection, and more.
It is a Solana-specific bot, but more chains will be supported in the future, which will likely further encourage the purchase of its native crypto, SNORT.Disclaimer : Cryptocurrency investments are risky and highly volatile. This is not financial advice; always do your research. Our editors are not involved, and we do not take responsibility for any losses.
So far, Snorter’s presale has raised over $5.15 million, and, as mentioned, its price is only $0.1081. However, crypto experts like YouTuber Crypto Gains, who has over 150k subscribers, believe that it has a bright future, which might include a sharp price surge after launch.
Conclusion
So far, October has brought both a sharp price surge and an even sharper correction, but many in the crypto industry remain optimistic, believing that the rest of the final quarter could bring the long-awaited bull run that would break previous records.
But, even for traders who are looking for the best crypto to buy now for short-term gains, there are many opportunities worth considering throughout the market, especially ICOs like Snorter, which is now in its final hours.
Disclaimer : Cryptocurrency investments are risky and highly volatile. This is not financial advice; always do your research. Our editors are not involved, and we do not take responsibility for any losses.
