According to the on-chain intelligence platform CryptoQuant, deep-pocketed investors have amassed about $53 billion in Bitcoin over the past 12 months, reflecting steady institutional demand for the premier cryptocurrency.
But a new cryptocurrency is turning heads for its potential to be the next 100x crypto this cycle. DeepSnitch AI, a project focused on deploying automated agents to help retailers spot opportunities and make better trading decisions, has attracted significant interest.
As it navigates its presale in stage four, with over $1.27 million raised, demand for its native token spikes as investors deem it the best crypto to buy now for a hundred-fold returns, as well as seek to cash in on DeepSnitch AI’s advanced solutions.
Institutional demand for Bitcoin holds steady
CryptoQuant noted that wallets holding between 100 and 1,000 BTC have continued stockpiling Bitcoin, revealing that the majority of these investors reside in the United States.
On January 20, Ki Young Ju, founder of CryptoQuant, stated that “institutional demand for Bitcoin remains strong,” citing the accumulation of 577,000 BTC by investors in the aforementioned category.
According to CryptoQuant, there has been a 33% increase in Bitcoin purchases by the same set of investors over the last 24 months, from right around the time the first spot BTC ETF launched.
Remarking, Crypto Seth said institutions have only just begun investing in Bitcoin and Ethereum, adding that most people can’t imagine what to expect between 2030 and 2040.
Top cryptocurrencies to buy today for 100x returns
1. DeepSnitch AI poses as the next crypto to 100x as launch approaches
As institutional demand for Bitcoin is revealed to be enduring, DeepSnitch AI has caught the attention of investors looking to diversify their portfolios. This comes amid speculations that it could be the next crypto to 100x.
But DeepSnitch AI offers more than gains. It is a unique project that helps investors identify opportunities at their cradle, enabling them to make well-informed investment decisions.
By introducing five automated AI agents embedded into a live dashboard, traders can monitor sentiment shifts, discover emerging narratives, track whale wallets, and check tokens for scams and bugs.
With DeepSnitch AI rolling out a new bonus program for DSNT investors, in which a $30,000 investment gets you an additional 300% in tokens on your purchases, this could be the best crypto to buy now.
That said, its uncapped staking offer, low cap, and $0.03609 price suggest the $1.27 million investment in its presale is only the beginning.
2. Filecoin price prediction after IFPS adoption
The need for systems capable of managing large datasets without winding down has never been more important as decentralized AI experiences explosive growth.
While traditional blockchains offer security, they struggle with large files, such as high-resolution images and machine learning models.
This is where Filecoin steps in, unveiling a Proof of Space mechanism that rewards nodes for providing storage for students and engineers studying network design.
Amid this, FIL took a blow from sellers, diving 15.43% to $1.33. However, the asset could rebound soon as Filecoin gets adopted.
3. Midnight price prediction after the partnership to transform decentralized identity
Charles Hoskinson-led Midnight Network has joined forces with Midnames and Identus to found a privacy-centred decentralized identity framework.
This initiative aims to improve privacy and interoperability in a blockchain-based identity verification system by using decentralized identifiers, zero-knowledge proofs, and verifiable credentials.
NIGHT has yet to react to this development. It dropped 9.23% to $0.063 this week. Once Midnight’s progress catches on, its price could surge.
Final verdict
As institutional demand for Bitcoin stays strong, DeepSnitch AI, Filecoin, and Midnight see developments within their ecosystems.
While FIL and NIGHT have yet to replicate this growth on their asset prices, DSNT has with a remarkable 139% pre-launch surge, making it the best crypto to buy now.
After introducing a 300% bonus for DSNT presale investors, more gains are expected in the coming days.
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FAQs
1. What is the best crypto to buy now?
While Filecoin and Midnight struggle on the charts, DeepSnitch AI prints 139% gains, rising to $0.03609, making it the best crypto to buy now of the trio.
2. Which token is likely the next crypto to 100x this month?
Based on investor conviction, DeepSnitch AI could be the best crypto to buy for 100x returns this month as demand skyrockets.
3. What are the trending coins this week to pay attention to?
FIL, NIGHT, and DSNT have shown potential to deliver remarkable gains for investors, though DeepSnitch AI could overshadow the rest by a mile.
Michelle DG
Michelle is an editor at CoinCentral & Blockonomi, covering the latest trends in crypto, blockchain, and digital finance. With a sharp eye for detail and a passion for emerging technologies, Michelle ensures every story delivers clarity, accuracy, and insight to our readers.
