You mean the Pencil 2? I like it too, but it is compatible only with the new iPad Pros and I can't justify paying that much for it. So for now I will stick to this one. Once my 2018 (regular) iPad slows down and becomes unusable then I will evaluate my options on combinations of tablet/pencil.
For now I have a Belkin case for the pencil. It has a storage compartment for the pencil's end when the pencil is recharging. So I store it there.
I wont be buying the new iPP /pencil either. Though bizarrely I actually considered it (just for a moment) but no I’m in the same boat as you. I can’t really justify it so will make do with what I have which is fine.
I have the same case but I use a skin for the pencil and it doesn’t really fit in the Belkin with the skin on. I’ll try using the pencil without the skin but it’s quite slippery.