The Bitcoin price has now pulled back from its all-time high and is currently trading around the $122K level. As the apex asset has now stepped into a consolidation phase, investors are looking for the best crypto to buy now among other assets that could potentially go through similar upsides.
Most of these assets could be found among crypto ICOs.
Bitcoin Price Action: Consolidating Above $122K
At the time of writing, the Bitcoin price is consolidating above the $122K mark. The hourly chart shows that for every long green candle, there has been a long red candle, which shows that the bulls and bears are in equal force.
And since a symmetrical triangle is forming, the community’s hope is that another pump could take place, and that surge could possibly push the apex crypto back toward retesting its ATH level.
Why has the price dropped? According to on-chain data, this has been the result of profit-taking among long-term holders. Right now, investors are watching the liquidity levels closely.
Because the market is still bullish, most investors are batting for the Bitcoin price to reach another high soon.
According to crypto analyst Matthew Dixon, it is possible for BTC to reach another ATH level. The analyst has said that it could potentially reach $128K.
However, there are also analysts who have warned investors to stay cautious. One of them is George, who tweeted that the supply, OTE, and the weekly open suggest that BTC could make its way to $124K again. However, investors should still stay cautious.
Does it mean Bitcoin is the best crypto to buy now? Not really. The market, although bullish, is still volatile. Furthermore, Bitcoin’s recent “all-time highs” have only marginally moved past the previous highs, which means they don’t provide a chance to make parabolic gains.
Best Crypto to Buy Now – These ICOs Have Shown High Potential
While Bitcoin maintains its place above the $122K mark, investors looking to make real gains should focus on crypto ICOs. The following options can help, as they have unique potential.
Best Wallet Token
Bitcoin’s recent drop to around $122K highlights how volatile the market remains, reminding investors that it may be time to explore diversified opportunities beyond the leading cryptocurrency. One strong alternative comes in the form of Best Wallet, a decentralized crypto app designed to make trading, investing, and managing digital assets simpler and more secure for everyone.
The app offers a full suite of features such as crypto swaps, staking options, token analytics, and a token launchpad where users can discover and invest in promising early-stage crypto projects. These elements combine the accessibility of a centralized exchange with the control and privacy of a non-custodial wallet, making Best Wallet a practical choice in an uncertain market.
At the center of the ecosystem lies Best Wallet Token (BEST), the utility asset that powers its operations. Holders benefit from reduced transaction fees, exclusive access to new project launches, community governance participation, and staking rewards that incentivize long-term engagement.
Recent updates have further enhanced the platform’s appeal, adding Bitcoin swaps, Solana chain support, and gamified engagement tools that reward users for daily activity within the app. These improvements position Best Wallet as one of the most active and forward-looking decentralized ecosystems in the crypto space.
Having raised over $16.3 million so far, Best Wallet Token continues to demonstrate investor confidence and real-world potential. Given its expanding utilities and strong foundation, it could be considered one of the most promising utility cryptos available in the current market.
Bitcoin Hyper
Bitcoin’s recent drop and prolonged price stagnation have reignited discussions about its lack of practical utility. While it remains the original cryptocurrency, its limited use beyond being a “store of value” has caused some investors to look elsewhere for innovation. This is where Bitcoin Hyper emerges as a Bitcoin-inspired project built to bring utility, scalability, and usability to the world’s largest digital asset.
Bitcoin Hyper’s main motif is to expand Bitcoin’s reach by introducing smart contract functionality, faster transactions, and cross-chain compatibility. The project’s Layer 2 framework is engineered to support bridges, settlements, withdrawals, and decentralized applications, ensuring that it operates efficiently while maintaining Bitcoin’s security model.
So far, Bitcoin Hyper has raised over $22 million, an impressive milestone that highlights investor confidence. According to its official website, the project aims to become the fastest Layer 2 in Bitcoin’s history, with a focus on real-world adoption and developer engagement.
The most recent update from the team revealed progress on a new developer workflow design that enhances the creation and deployment of tools within the Bitcoin Hyper ecosystem. This improvement ensures smoother integration for developers and a more refined user experience overall.
Analysts have already started rallying behind Bitcoin Hyper, citing its balance of technical depth and meme coin appeal as a rare combination in today’s market. With continued progress and community interest, Bitcoin Hyper could soon establish itself as a top-tier Bitcoin alternative for long-term investors.
Snorter
Snorter is a new meme coin that powers an advanced trading bot within the Solana ecosystem, merging humor with high functionality. As the broader market cools and high-cap cryptos fail to deliver strong gains, traders are increasingly turning toward low-cap options like Snorter that offer both utility and community engagement.
At its core, Snorter provides fast swaps that let users execute trades in real time without delays. The bot also includes robust security features, offering protection against common crypto threats such as honeypots and rug pulls. This emphasis on safety makes Snorter stand out among Solana-based bots, where speed often comes at the expense of protection.
Another key advantage is Snorter’s presence on Telegram, making it an accessible and community-driven tool. Through this interface, users can engage in social trading, sharing strategies and mimicking successful trades with minimal effort.
Snorter also maintains one of the lowest fee structures on Solana, charging only 0.85% per transaction. a significant reduction compared to competitors. This affordability, combined with its automation tools and lively aardvark-themed imagery, has fueled growing interest among both casual and experienced traders.
By combining meme culture and real trading utility, Snorter positions itself as a powerful contender in the Solana trading ecosystem, ready to capture attention as its October 20th presale conclusion approaches.
Conclusion
While Bitcoin may not be the best crypto to buy now, investors still have plenty of options to look into. The ICOs mentioned in this article have immense potential, especially since they have been able to raise millions of dollars within a limited timeframe.
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Source: https://en.cryptonomist.ch/2025/10/08/best-crypto-to-buy-now-as-bitcoin-price-dips-to-122k/