Analysts from Samosa Capital warned that Michael Saylor’s Strategy approach to BTC is hurting the price action.
These concerns came to light after Strategy announced the purchase of 8K of BTC recently, which put the company’s holdings into the red.
Meanwhile, the crypto market started a small recovery on November 18, which left investors wondering what crypto to buy now to take advantage of the potential pump.
In addition to various altcoins, DeepSnitch AI , an AI presale project, raised over $553K in its second stage. The project’s proposed analytics suite and solid fundamentals led many to highlight its DSNT token as the next crypto moonshot.
Is Strategy a detriment to BTC’s price?
According to Parik Patel , analyst at Samosa Capital, Michael Saylor’s Strategy is a “net negative” for the BTC community. Patel clarified that Strategy’s position as a “highly-leveraged holding company trading on public exchanges” flies in the face of Bitcoin’s ideals.
This happened after Strategy purchased 8K BTC, which put 40% of the Strategy’s holdings in the negative .
Patel isn’t alone in believing that Strategy is problematic, as
Ansem
, a noteworthy KOL, pointed out that DATs such as Strategy buy in bulk at peak prices but stay silent during discounts.
As BTC dropped to $89K on November 17, many in the community believed that DATs would experience a massive loss. However, Michael Saylor believes that Strategy could realistically withstand a 90% BTC dip ($9.4K) and still maintain its overcollateralized status.
On November 18, Bitcoin crawled back into the $92K area, sparking hope in the market, with traders already discussing what crypto to buy now to prepare for the anticipated year-end rally.
What crypto to buy now? 3 coins gaining momentum this week
DeepSnitch AI: A 100x early-stage opportunity?
DeepSnitch AI is an early-stage presale that survived during the market downturn due to its AI utility focus, which helped it amass over $555K in its second stage.
Its analytics and prediction suite utilizes five individual AI agents trained in spotting patterns and sourcing data from different areas of the crypto market. This allows DeepSnitch AI to provide you with valuable actionable insights, such as spotting sentiment shifts before even analysts catch on.
Moreover, you can also use the intuitive dashboard to track whale moves, FUD storms, and, if needed, scan tokens to identify any rug pull risks.
Some traders believe that DeepSnitch AI’s utility has a higher growth potential than even established AI projects such as Internet Computer or Render, primarily because it’s targeted at all active retail traders.
As such, DeepSnitch AI could be one of the top crypto assets with upside as high as 100x. Considering the DSNT token is currently priced at $0.02381, investing $500 could potentially yield $50K after launch.
This 100x DeepSnitch AI prediction is also strengthened by the January release date, which is generally considered a period when appetite for risk assets is at an all-time high.
XRP: Is a breakout happening soon?
According to CoinMarketCap , XRP hovered around the critical $2.10 support for over 24 hours.
In the short term, if XRP support breaks, XRP could plummet to $1.77. However, analysts also believe that even a slight recovery could
shift the coin into the bullish territory
.
For those considering what crypto to buy now, it’s worth mentioning that the key area to watch is the 50-day SMA of $2.5. If bulls break and close above this line, the breakout will be confirmed, and the momentum could help propel XRP toward $3.
Considering multiple XRP ETFs are waiting for SEC approval, any new developments could add extra momentum, turning XRP into one of the best tokens to buy now.
Aster: Can ASTER go parabolic?
ASTER pumped heavily on November 18, settling into the $1.30 area, according to CoinMarketCap .
Analysts reveal that the RSI was balanced while the MACD histogram was positive, confirming the overall bullish momentum.
The next target is $1.38 , and if ASTER closes above this level, the position is wide open for longer-term targets such as $3.
However, the bullish scenario will be void if the momentum dissipates and ASTER fails to close confidently above $1.38. In that case, a retrace to $1.10 is possible.
Final words: Rallies may be cooking
After days of trading in the red, Bitcoin and major altcoins logging even a small recovery is a sign that a larger rally could be cooking under the surface.
However, deciding on what crypto to buy now certainly isn’t easy. Even though ASTER and XRP are both coins with $3 within sight, adding an early-stage token to your bag is a much better way to achieve astronomical gains.
For instance, DeepSnitch AI raised over $555K while the rest of the market was crumbling. This performance, combined with robust fundamentals and an affordable price, makes a 100x post-launch rally a high possibility.
Get on board the
DeepSnitch AI
presale now to reserve your DSNT tokens.
FAQs
1. What crypto to buy now?
Many investors are watching DeepSnitch AI, XRP, and ASTER. DeepSnitch AI stands out thanks to its AI-driven analytics suite and early presale pricing, making it a strong candidate for outsized returns during a potential year-end rally.
2. Why is Michael Saylor’s Strategy approach considered harmful to Bitcoin?
Analysts argue that Strategy functions as a heavily leveraged public holding company, which contradicts Bitcoin’s decentralized ethos. Its bulk purchases at peak prices also amplify downside pressure when BTC corrects.
3. Is DeepSnitch AI really capable of a 100x rally?
The project’s utility, AI-powered insights, and strong presale performance ($555K raised in Stage 2) give DSNT significant upside potential.
