Bitcoin mining stocks saw a significant uptick on January 28 after the extreme weather conditions led US miners to wind down operations, which boosted profits for miners that continued to operate.
In the meantime, the crypto market was in the green, leading many investors to look for the best crypto to buy now to capitalize on the recovery.
In addition to major assets, DeepSnitch AI is one of the trending coins this week that’s rising up to the occasion with 100x projections.
DeepSnitch AI is a presale project proposing an AI analytics suite custom-made for daily crypto traders. Since the tools it offers are extensive, the project secured nearly $1.4M in Stage 4.
Mining shares explode
Bitcoin mining stocks surged on January 28 as a severe US winter storm forced many offline, slashing network hashrate and boosting profitability for those still running.
Hashrate plunged 40% to a seven-month low of 663 EH/s on Sunday before recovering to 814 EH/s on Wednesday, which is still well below the prior 1.1 ZH/s peak.
Lower competition means easier block rewards and higher margins for surviving miners. Bitcoin hash price rose to $0.040/TH/day from $0.038, signaling stronger profitability.
According to Barchart, several major players posted double-digit gains: TeraWulf +11%, Iren Limited +14%, Cipher Mining +13%. This indicates that larger and more efficient mining operations benefited the most from these disruptions, while smaller ones shut down to minimize the strain on the electrical grid.
While BTC also started rising amid a larger recovery wave, many traders are looking for the best crypto to buy now to capitalize on the crypto markets’ improving performance at a more reasonable entry.
Top cryptocurrencies to buy today
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DeepSnitch AI: Can $DSNT deliver 100x gains?
With mining getting profitable again and the market recovering, DeepSnitch AI is well-positioned to become the next crypto to 100x. While community expectations are never set in stone, the presale project undoubtedly has moonshot potential due to its fundamentals.
With nearly $1.40M in the bank, an entry of $0.03755, and presale bonuses that unlock extra value, DeepSnitch AI is the best crypto to buy now for both rapid portfolio growth and long-term narrative.
The DSNT token provides access to a live AI platform powered by five specialized agents that perform real-time trading risk audits and monitor social sentiment shifts.
Designed for fast, everyday traders, the design is palpable and simple. The LLM-style interface enables you to paste any contract address to receive instant risk scoring, with clear flags on honeypots, rug pulls, liquidity traps, and other red flags.
The growing community expects another major update. While there are no confirmed listings, DeepSnitch AI is currently focused on finishing up the prediction platform and organic community-building.
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Bitcoin: Is $BTC gearing up for a breakout?
According to CoinMarketCap, BTC traded around $89.3K on January 28, logging a small recovery.
Despite mining profitability increasing, BTC’s relief rally has stalled at the key moving averages, with bears expected to mount a significant defense.
If the market rejects the price, BTC could correct back to the $84K support. Dipping further could lead to a crash to $80K.
Yet, Bitcoin could be the best crypto to buy now if the bullish scenario turns out to be true. Breaking and closing above the moving averages would signal renewed strength, opening up the target to $94K, followed by $97K.
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XRP: Will the downtrend reverse?
On January 28, XRP rejected the relief at $1.93 and corrected back to $1.91, according to CoinMarketCap.
Sellers aim to drag the price below the $1.77 support. If this happens XRP pair will head toward the support at $1.61. This is where buyers are expected to step in, and the “discount” could effectively make XRP the best crypto to buy now.
Alternatively, another move past the moving averages could result in a new bullish leg and reversal if XRP closes above the overhead downtrend line.
Final words: Get your moonshot
As the market shows clear signs of recovery, DeepSnitch AI presents an interesting opportunity that not only has upside potential but also provides access to powerful AI tools.
But what makes DeepSnitch AI the best crypto to buy now is the active bonus tiers that are friendly for price-savvy investors as well as whales.
The smaller DSNTVIP30 code delivers 30% extra tokens on investments of $2K+, while the DSNTVIP300 unlocks 300% extra on $30K+ investments, which represents approximately $90K in added value at the current $0.03755 price.
Reserve your moonshot in the DeepSnitch AI presale now, follow X or Telegram for the latest community updates.
FAQs
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What makes DeepSnitch AI the best crypto to buy now?
DeepSnitch AI leads as the best crypto to buy now, with nearly $1.4M raised at $0.03755, powerful AI agents for risk detection and sentiment analysis, plus 100x community expectations in a recovering market.
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What utility does DeepSnitch AI provide to traders?
DeepSnitch AI features five AI agents that scan contracts for rug pulls, honeypots, liquidity traps, deliver instant risk scores, and track real-time sentiment via a simple LLM interface.
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How did the US winter storm impact Bitcoin mining stocks?
Harsh weather cut hashrate by 40%, which reduced competition, lifted hashprice, and profitability for larger miners.
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