I mean, OP wrote "simply the best pocket tool", which is arguably wrong. I had Swiss "army" knives as a kid (yeah, it was normal at the time, rounded tips and dulled blades weren't part of the offering) but the somewhat sharp blades would go dull in a matter of days (given how many sticks I would bring it to...), and they would invariably break after a while.

They are cheap, but their durability is somewhat relative, so you gotta keep buying them. Especially the models made with plastic exterior, since a single drop on a stone is often enough to break the shell off.

Now, as OP said, the simplest Swiss knife (with plastic shell) is 20 bucks. There isn't much you can get at this price point in the multitool universe. However, as written above, those are fragile, and the simplest with metal shell is 50 bucks (or slightly less if you dig a bit, but definitely over 40).

That would be the "Pioneer" with 8 "features", including a blade, an awl (reamer), two flat screwdrivers, a can opener, a bottle opener, a wire stripper and a key ring (apparently counts as a tool 🙃). So really, 7 features, because I don't honestly consider a pinhole meant to pass a keyring in it as a "feature".

Now, the closest one can get to this price with leatherman is the Rev. It is also available at 50 bucks, but this one has 14 tools (two counted twice, so 12 really): Pliers, Wire Cutters, 420HC Knife, Package Opener, Wood/Metal File, Can Opener, Bottle Opener, Ruler (1.5 in | 3.8 cm), Phillips Screwdriver, Medium Screwdriver, Small Screwdriver, Wire Stripper. The belt/pocket clip isn't counted as a tool 🤡. Unlike the Swiss Army Knives, Leatherman multi tools have locking blades, and are user serviceable, which is IMHO an absolute game changer (I cut myself more than once with a Swiss army knife folding back on my hand).

If you start searching for other brands, there are other seemingly good tools like the Gerber Suspension, at the same price point.