Bitcoin surged past $118K on October 1, representing the most notable surge since mid‑August. Although many in the community feared that the US government shutdown would cause a market crash, it actually drove risk assets higher.
A likely contributor to the surge is also the result of labor market weaknesses, which tends to provide momentum for crypto due to increased odds for further interest cuts.
Meanwhile, investors are gearing up for heavy October gains and are increasingly shifting their attention to smaller coins. Presales are also getting recommended as the best crypto to buy now due to their higher upside potential.
DeepSnitch AI is a presale that heavily benefited from this environment, raising $286K in record time with the combination of its utility and affordable price of $0.01735, setting it up as a possible 100x coin.
Why is Bitcoin breaking out?
According to CoinMarketCap, Bitcoin surged by 3% in 24 hours on October 1, breaking out above $118K and reaching $118K on October 2. If BTC regains $118K this will be the first time it has raced past this critical level since mid‑August.
Markets were largely unaffected by the government shutdown, as the hype surrounding poor labor market numbers opened the doors wide for the next set of Fed rate cuts in October. According to the FedWatch Tool, another 0.25 % interest rate cut is likely to occur.
Analysts anticipate that BTC short‑term projections are solid, with some analysts identifying $112K as a crucial short‑term support level. If the bulls take full control and consistently close daily above the support, Bitcoin will pump to new heights.
Meanwhile, institutional investment in BTC regained momentum as Metaplaned acquired $600M worth of Bitcoin on October 1, bringing its total holdings to over 30K BTC.
Latest data also shows that public companies collectively hold over 1M BTC, which rounds to a value of $116B. This represents 4.7 % of the total supply.
However, altcoin treasuries are also on the rise. In addition to ETH, even SOL treasuries reached $4.5B worth of assets.
All things considered, the stage is set for a massive crypto rally in October. Thus, it might be a good time to diversify by exploring high‑potential altcoins.
Altcoins set to explode in 2025
1. DeepSnitch AI: Will DSNT pump by 100x after launch?
DeepSnitch AI rose to the top ranks of the crypto market by raising $286K during the first stage of its presale. However, this isn’t just hype as the project leans heavily into AI‑fueled utility.
Developing an AI trading suite, DeepSnitch AI will deploy five sophisticated AI agents to process on‑chain data and transform it into crypto analytics.
The agents will specialize in different areas of analytics and present findings in an AI dashboard. Plugging into it will allow retail traders to find alpha news and runners, discover contract risks, and track whale wallets.
In contrast to most AI projects, DeepSnitch AI aims to reach a wide audience by providing a working tool for daily trades. As such, the project has high chances of reaching widespread acceptance, which will in turn push the token’s value.
Currently priced at $0.01735, the DSNT token could have easy 100x potential for a multitude of reasons, including the popularity of AI tokens and the power of the underlying utility.
If the 100x prediction comes true, a $500 investment $0.01735 could net traders $50K.
This ROI is generally harder to achieve with established tokens due to their large market caps. For instance, XRP would have to trade north of $200 to yield the same gains, which is highly unlikely.
As Bitcoin and altcoins surge and set the stage for a massive Q4 rally, finding an early‑stage gem could put your portfolio ahead.
The price $0.01735 won’t stick around forever, so check out the DeepSnitch AI presale now to get your DSNT at the lowest price.
2. XRP price prediction: Is a $10 XRP an unrealistic target?
On October 1, XRP traded in the $2.90 area, on a noticeable uptrend, according to CoinMarketCap.
In addition to wider market conditions, anticipated XRP ETFs might help drive bullish momentum in the coming weeks. Analysts echo this sentiment, believing inflows could push XRP out of a noticeable cup‑and‑handle pattern.
The recent rebound from the $2.70 support solidifies a reversal pattern that could present a solid rally. To confirm the breakout, bulls will have to flip the $3.60 threshold into support.
Moreover, higher bullish targets also include $7.50, and if the market forces stay positive, a bullish 2026 could eventually push XRP to $15.
Although this might not have the upside of presale projects, if XRP reaches $7.50, investing $500 could yield over $700 in profits.
3. Pump.fun: Will the PUMP rally continue?
PUMP rallied by over 10% in 24 hours on October 1, bringing the value into a $0.007000 area, according to CoinMarketCap.
Overall, PUMP ballooned by almost 99% in a month, which is expected considering the Pump.fun platform is dominating the launchpad market on Solana and a slew of new updates.
Analysts are overwhelmingly bullish, anticipating heavy gains in the short term. The indicators are in the oversold position, which may result in PUMP regaining its all‑time high of $0.008819.
If the momentum continues, PUMP has a clear line toward $0.020 and even higher if new Fed rate cuts materialize. In the bullish scenario, a $500 investment could return almost $1K, which might not be astronomical, but could present nice pocket change.
Final verdict: Rallies galore
The recent Bitcoin and Ether pump could send shockwaves through the market, which is why early October might present the prime investment time for retail traders. XRP and PUMP are both set for growth, but aren’t exactly well‑suited for explosive gains, especially compared to fresh presale projects.
The fact that it amassed $286K so quickly might make DeepSnitch AI the best crypto to buy now. At the price of $0.01735, and with its mainstream‑appeal utility, the project could go 100x after launch, which could turn small investments into life‑changing amounts.
Visit the official website to join the presale today.
FAQs
1. What is the best crypto to buy now for maximum ROI?
Investors believe DeepSnitch AI is currently one of the best presale tokens due to its AI‑powered trading suite, affordable presale price, and potential 100x growth after launch.
2. How much could a $500 investment in DeepSnitch AI yield?
At the presale price of $0.01735, a $500 investment could potentially grow to $50K if the token reaches its projected 100x target.
3. Are established coins like Bitcoin, XRP, or PUMP better investments than presales?
While established coins may perform well in October, presales like DeepSnitch AI often offer higher upside potential due to low entry prices and innovative utility, which is simply better for explosive gains.