Best Crypto to Buy Now as Bitcoin Price Slips and Bulls Lose Momentum

Days after investors thought that Bitcoin had found support above the $118K mark, the apex crypto dropped in value by more than 2% in the last 24 hours. Now trading just above the $115K mark, people have been wondering whether BTC’s corrective phase has started.

Multiple reasons can be attributed to this drop, from whales starting to reduce their holdings to institutional outflows. The dimming chance of the Fed cutting the interest rate could also be a factor.

This has once again gotten people to talk about what could be the best crypto to buy now. Should investors stick with high-cap assets, or should they consider cutting their losses and focus on ICOs?

Bitcoin Price Analysis – Consecutive Red Candles Appear on Hourly Charts

The Bitcoin price has seen a steep drop since the early hours of July 24, printing consecutive red candles on the price chart. It was only after the bottom wick hit the $115K mark that a panic rally set in. However, even that was invalidated within the next hour, which further dropped the price of the apex crypto.

Certain experts are still expecting a recovery to arrive, and it is expected to come soon.

Other analysts such as MisterSpread have also voiced support for Bitcoin, stating that the current price action is only a short-term correction and investors should still go long on it.

Why is the Bitcoin Price Going Down?

There are many reasons the Bitcoin price has taken a corrective path as of late. One of the most prominent ones includes the recent BTC sell-off by Galaxy Digital, which recently sent over $2 billion worth of Bitcoin to exchanges for sale.

According to crypto analyst Daan Crypto Trades, this sell-off could push the Bitcoin price further down to $113.5K before a bounce arrives.

Also, many investors have started to liquidate their leveraged long positions, which has contributed to over $100 billion worth of crypto being liquidated already.

ETF products also saw significant outflows yesterday, although this has reversed today. Another reason is that profit-takers have arrived to lock in gains, which has resulted in a natural cooling-off period for Bitcoin.

These factors show that diving into Bitcoin may not be the right choice right now, although the recent drop does provide a “buying the dip” opportunity. The best options for now could be crypto ICOs that offer multiple upsides thanks to their unique approach.

Best Crypto to Buy Now Besides Bitcoin

Along with Bitcoin, other top altcoins have also gone through price drops. Solana has crashed by 4% in the last 24 hours, while Dogecoin has experienced a 3% decline. XRP has managed to go up only 0.2%, which is less of a marker for growth and more of an indicator of underlying volatility.

In light of this, here are some of the best picks for smart investors who are wary of diving into live markets right now.

Bitcoin Hyper

Much of Bitcoin’s recent issues are the result of it being just a speculative asset whose use case is limited to being a “store of value.” And it does not matter how hyped institutions are about this crypto, the reality is that as long as institutions believe in BTC, the crypto will have value.

Bitcoin Hyper is an attempt to decouple the crypto from its speculation-based driver and provide users with actual utility.

The project is reportedly the first proper L2 scaling solution for Bitcoin, focusing on making the Bitcoin network capable enough to handle smart contracts and decentralized applications.

For L2 scaling, Bitcoin Hyper has adopted the Lightning Network, and for dApp integration, it plans to leverage the Solana Virtual Machine.

With the Canonical Bridge, an interoperable ecosystem will be established between Bitcoin Hyper and Bitcoin. This approach, although simple, does open doors for more use cases to arrive. Furthermore, due to the way developers have explained what this product is trying to do, Bitcoin Hyper has gained many followers.

Upon raising close to $4 million in presale, many analysts have also started to rally behind it, calling it a high-potential token.

Wall Street Pepe

Institutions have always been the primary driver of Bitcoin’s growth and the price it is at now, and less than 20% of investors own a full BTC. This shows a concentration of a major portion of Bitcoin wealth, and it belongs to only the top corporations.

Wall Street Pepe portrays itself as a rallying cry against this measure. Inspired by Wall Street Bets, a Reddit group that earned renown after the GameStop short-squeeze, this meme coin project wants to give power to the people.

Its mascot is an Office Pepe, a Wall Street trader who has grown tired of corporations having control of insider information that could move the crypto market. Through its Alpha Trading Chat, an exclusive group that’s easy to get into, it gives that power to retail investors.

Not only do investors find ample trading-related information on the website, they are also able to get the best trading signals.

Furthermore, Wall Street Pepe already made a name for itself by organizing one of the most successful meme coin presales of 2025, raising upwards of $74 million in record time. While not on an ICO anymore, Wall Street Pepe has managed to capture the same level of attention as before. Even now, the project has managed to go up by 16% in the last 24 hours.

This significant growth has been the result of increased community interest that Wall Street Pepe has managed to capture after expanding into the Solana ecosystem. And since the WEPE price is not following standard fundamentals, investors can expect the value to go up despite the market being down.

TOKEN6900

Following fundamentals when trading crypto when the market is volatile could be considered a fool’s errand. At least, that’s what TOKEN6900 believes. This meme coin project throws sense out the window and trades it for robust memes, nostalgic aesthetics, and the degen way, in which those who dare to invest more are showered with bigger rewards.

TOKEN6900 is a non-serious project that projects its “non-utility” factor as its golden selling point. Its official whitepaper makes fun of those who spend their time wasting away looking at analytics, and instead asks the community to go with the flow.

The memes it shows are senseless, focusing on the most lopsided memes generated through AI. It creates almost a hallucinatory aesthetic, complete with its own anime-fueled soundtrack.

Can this token have long-term value? Yes and no, since it does not matter. In terms of aesthetics, TOKEN6900 has enough in its arsenal to go toe-to-toe against SPX6900, another project with a similar style. If it succeeds, TOKEN6900 could become a favorite of community-token seekers.

It is also on presale and has raised upwards of $1 million to date. People deeply appreciate what it has to offer, which is a good sign, since there is a need for cryptos that don’t take themselves too seriously.

Conclusion

Bitcoin’s recent drop has caused some people to raise alarms, but analysts are still bullish. They are shrugging off the drop as just a short-term correction, blaming profit-takers and a few regulatory news items. While all of that could be true, it is also important for investors to keep their minds open.

Bitcoin, although the top crypto to buy now in many cases, is pricey, which makes it unappealing for investors looking for massive gains in the short term. That’s the reason most of the assets listed on this list consist of meme coins and ICOs.

ICOs give users an early-mover advantage, and a few meme coins still have what it takes to generate buzz at a parabolic level.

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