Bitcoin has been hovering around $90,000 for the last few weeks with no clear direction. Amid this uncertainty, market analyst Jeff Park has highlighted that Bitcoin OGs (long-term BTC investors) have been suppressing the price uptick.
Park claims these whales have been doing so by selling covered calls, a strategy that limits the surge in spot BTC prices through placing selling call options that limit future buying at a predetermined price, thus allowing sellers to collect a premium.
Meanwhile, traders are now looking for the next crypto to explode as the market goes into 2026. Topping the list is DeepSnitch AI , which is currently selling at a presale price of $0.02846.
The AI-powered market prediction project has gathered strong investor attention with more than $816k raised in the third presale phase.
Bitcoin OGs hold the price down through “covered calls”
In his most recent analysis , ProCap BTC CIO Jeff Park noted that the price of Bitcoin has been in and out of the $90K zone due to a strategy called “covered calls” selling by Bitcoin OGs or whales. He claims that the selling of call options by these long-term Bitcoin investors creates disproportionate sell-side pressure as market makers buy the covered calls.
This strategy often forces market makers to sell their spot Bitcoin positions in an attempt to hedge their exposure to buy the covered calls. Despite strong buying from institutional investors and ETFs, the price of Bitcoin remains constrained as a result.
“ When you already have the Bitcoin inventory that you’ve had for 10+ years that you sell calls against it, it is only the call selling that is adding fresh delta to the market—and that direction is negative, ” Park wrote.
Park’s analysis suggests that unless Bitcoin OGs stop steering the market down, the price of BTC will remain range-bound around $90,000.
On the contrary, many traders and degens are already on the hunt for the next crypto to explode in 2026.
Next crypto to explode in 2026
1. DeepSnitch AI: Next big cryptocurrency 2026
DeepSnitch AI (DSNT) is being seen as the next crypto to explode with a 100x potential among many traders in December. The AI-driven project offers everyday traders a chance to access real-time actionable market data on whale actions, on-chain transactions, and hidden insider info that moves the markets.
Leveraging five top-of-the-line AI agents, this Web3 project will analyze market data and drop it directly to you via Telegram or X. This data will help you make swift decisions with breakout crypto signals.
The project is powered by the DSNT token, which has entered the third presale stage, and is currently selling at $0.02846. Over 75% of the coins available in this round have been sold, highlighting strong early-investor demand.
Early access to the DeepSnitch AI presale could grant you the confidence to make life-changing calls by getting early access to all five of its AI agents, three of which are already live.
2. Midnight: A programmable privacy token
As Bitcoin falters, Midnight (NIGHT) has defied the market uncertainty, positioning itself as one of the next cryptos to explode.
The coin was trading at $0.06986 on December 14th, having surged by 41.8% over the last 24 hours and 176.4% over the past month, according to data by CoinGecko.
The NIGHT token serves as the native and governance token for the Midnight Network, which leverages Zero-knowledge (ZK) proofs to provide programmable privacy. However, the token is unshielded, meaning it is public and transparent, unlike other privacy tokens, which mask user identity.
3. Pi Network: First crypto mineable through a phone
Pi Network (PI) might also be counted in the list of coins ready to rally moving into 2026. PI was priced at $0.2062 on December 14th, according to data by CoinGecko.
Pi coin had dipped by 0.3% and 7% over the last 7 days. Nonetheless, the coin has previously expressed strong market resilience, thus it sits in the next crypto to explode list.
The Pi network provides tech that makes it easy for users to mine and spend Pi coins seamlessly with just a mobile phone. With Pi coin serving as the native token, it can be used to pay for goods/services in Pi Marketplace, perform transactions on Pi Browser, and make peer-to-peer payments.
The bottom line
Bitcoin will continue to struggle to gain real momentum if OGs keep choking the price down. While there’s no direct correlation, Pi Network has continued to face this uncertainty, too, with Midnight managing to decouple from the ongoing indecisiveness.
If you’re looking for the next crypto to explode, DeepSnitch AI could be the right coin to go for in December. Its strong AI trading signals, use cases in facilitating the provision of market insider data, and early stage allow you to invest in a coin that could yield 100x returns in 2026 alone.
DeepSnitch AI is currently selling at $0.02846, a price lower than both NIGHT and Pi Coin. This gives you a chance to buy more tokens at a lower price while retaining the potential to make up to 100x once the token launches next year.
Not just that, if you buy the tokens before January 1st, you can get a 50% bonus on purchases above $2000 using the code DSNTVIP50 and a 100% bonus on purchases above $5000 using the code DSNTVIP100.
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FAQs
1. What crypto under $1 will explode?
Many speculate that DeepSnitch AI is the next crypto to explode with up to 100x potential in 2026, currently priced at only $0.02846.
2. What is the next big crypto?
Many traders and degens are seeing DeepSnitch AI (DSNT) among the upcoming coins ready to rally in 2026. The project’s strong AI-powered market prediction utility and use case in providing investors with real-time market updates for impactful decision-making grant the coin huge potential for a moonshot move next year.
3. How to find the next big crypto?
To find the next big crypto, you need to analyze the coin’s use case and fundamentals. Many say DeepSnitch AI could be the next big crypto in 2026, given its strong AI use cases and low early-stage cap, which are both signs of coins ready to rally.
