Takeaways:
- The latest market downturn didn’t faze some of the largest institutions in the market, which either increased their crypto holdings or reaffirmed their ongoing commitment to digital assets.
- Strategy upped its Bitcoin holdings with a fresh purchase of 220 $BTC, while Citibank shared plans to launch a crypto assets custody service in 2026.
- US Fed Chair Powell also hinted at rate cuts, which could further increase the market’s risk appetite.
- The Bitcoin Hyper and Snorter Token presales continued to surge, indicating traders still see opportunities, if you know where to look.
Last week’s market dip was no deterrent for institutions like Michael Saylor’s Strategy and Citibank, which took advantage of buying opportunities or signaled their continued bullishness on digital assets.
This week, the cryptocurrency market is once again in recovery mode after a fresh round of jitters brought about by geopolitical and macroeconomic uncertainty.
Even so, a select number of token presales, including Bitcoin Hyper ($HYPER) and Snorter Token ($SNORT) continue to pump. With tens of millions of dollars raised in their respective presales, they’re shaping up to be the next crypto to explode.
Big Money Buys the Dip
One of the major institutions that bought the dip last week was Strategy. The world’s top Bitcoin treasury bought an additional 220 $BTC after a one-week pause in purchases. It now has 640,250 $BTC in its holdings.
Meanwhile, Citibank is reportedly planning on launching a crypto assets custody service in 2026. This is yet another vote of confidence in digital assets from the TradFi sector, thanks to a favorable regulatory environment in the US.
US Fed Chair Jerome Powell also hinted at a new round of rate cuts before the end of the year. It’s welcome news for traders if it passes, as it would facilitate borrowing, which would add more fuel to buy riskier assets, such as crypto.
In other words, there are still plenty of opportunities to be had in the market despite its current struggles. Aside from Bitcoin, you’ll also be able to find them in the following presales:
1. Bitcoin Hyper ($HYPER) – Taking the Bitcoin Ecosystem to the Next Level
With the likes of Strategy continuing to be bullish on Bitcoin, there’s no denying the coin’s status as the world’s top crypto. However, its transactions can be extremely slow, handling only up to seven transactions per second. In contrast, Solana ($SOL) can handle up to 65K TPS.
Aside from that, you can’t use $BTC for anything other than a store of value. That’s a wasted opportunity if you want to stake it, for example.
This is where Bitcoin Hyper ($HYPER) comes in. It’s a project that aims to develop a Layer 2 network. Running on a Solana Virtual Machine, it has the potential to deliver faster and cheaper transactions to the Bitcoin ecosystem.
It’ll also feature a canonical bridge, allowing you to bring your $BTC from the main blockchain to the L2 and use it for various applications, including staking, trading, and interacting with dApps.
To get yours, head on to the Bitcoin Hyper presale page, connect your crypto wallet to the presale widget, and buy with your credit/debit card or crypto.
The presale has raised $24.3M to date, making it one of this year’s most promising new crypto projects.
Back the future of Bitcoin – Join the Bitcoin Hyper presale here.
2. Snorter Token ($SNORT) – Making It Easy to Find New and Promising Cryptocurrencies
If you’re a crypto trader, you know the struggle of finding new projects to invest in before all the initial liquidity is gone. You need to do your research not only to find promising ones but also to weed out scams. This takes a lot of time and work. By the time you find them, whales and bots have gotten ahead of you and drained all the supply.
Snorter Token ($SNORT) wants to level the playing field with its Snorter Bot. Snorter is a Telegram-based crypto trading bot that allows you to automate all your trading with just a few clicks, including sniping, copying trades, and managing your portfolio.
✅ Good to Know: With Snorter Bot, you’ll be able to speed up your trading and go toe-to-toe with other bots and whales.
It’ll also come built-in with a rug-pull and honeypot detection feature. This helps ensure that your funds remain safe even as you trade at lightning speed.
For now, you can still buy $SNORT tokens for $0.1081 each. But hurry, because there are only a few hours left before the presale ends.
You can still also stake your purchased tokens and get 104% p.a. in staking rewards.
The project has received a lot of attention from traders, and raised over $5.1M.
Get your Snorter tokens before the presale window closes.
3. Nexchain ($NEX) – Be a Part of the First AI-Built Blockchain
Blockchain technology continues to evolve, with each new ecosystem promising faster speeds and better security. One such player is Nexchain ($NEX).
The project is a blockchain ecosystem that’s completely AI-powered. While nearly all tech companies use AI to make themselves appear revolutionary, Nexchain has promising results to back up its claims.
By combining proof-of-stake mechanisms with NEX AI, it has come up with a Hybrid Consensus that delivers top-notch performance and flexibility. Once launched, it’ll boast transaction speeds of up to a whopping 400K TPS.
It’ll also allow for seamless interoperability with various blockchain ecosystems with the help of next-gen smart contracts.
Powering this futuristic chain is its native $NEX token. More than an investment, holding the token gets you a daily share of 10% of all gas fee revenues. This can prove profitable as more users adopt Nexchain in the future.
🛑 Currently priced at $0.112, the $NEX token is due for another price increase when it hits its next sale target of over $11.9M. It just passed the $11M mark, so this could be your last chance to buy tokens this cheap.
After that, the price will jump to $0.116 before hitting $0.300 at listing. In other words, time is of the essence if you want your share of tokens at a fairly steep discount.
To learn more, read the Nexchain whitepaper.
With the week just starting, there’s still plenty to be optimistic about in the market. As we await its recovery, Bitcoin Hyper ($HYPER) and Snorter Token ($SNORT) are already favorites among traders looking for the next crypto to explode.
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Kosta joined the team in 2021 and quickly established himself with his thirst for knowledge, incredible dedication, and analytical thinking. He not only covers a wide range of current topics, but also writes excellent reviews, PR articles, and educational materials. His articles are also quoted by other news agencies.
Source: https://coindoo.com/next-crypto-to-explode-institutions-buy-the-dip/