Crypto Market News Today: DeFis Like ASTER and MYX Resist Bears, but DeepSnitch AI Has All Bulls on Its Side, Pushing It Towards a 100x Explosion

Bear markets are always a time for comparing the relative performance of different crypto segments. As February started with bears in control, analysts and investors are checking how different types of coins resist or succumb to sell-off pressures.

Crypto market news today highlights the resistance from DeFi platforms, which include coins like Aster and MYX Finance. But when it comes to future performance, the coin that is in everybody’s mouth is DeepSnitch AI.

The upcoming crypto, still in presale, is widely seen as the next likely 100x crypto explosion.

DeFi platforms have resisted the downturn due to locked-in holds

Table of Contents

Crypto market news today noticed a pattern that speaks well of DeFi in times of trouble. As a result of locked-in tokens due to staking and other mechanisms, the outflows from these platforms were significantly lower than for other coins, making them resist excessive sell-off and keeping their prices more stable.

Another breaking crypto news today had to do with the activity on Ethereum’s platform. While ETH dropped as low as 17% in the last few days, the platform’s activity remained as high as ever, with a long entry queue for ETH staking.

The crypto market news today speaks about mechanisms and market movers that make crypto less unstable than it might otherwise be. These factors are reflected in the coins covered next, which might make daily crypto headlines soon.

Coins that will likely make headlines soon

1. DeepSnitch AI (DSNT)

Beyond what might be underlined in crypto market news today or tomorrow, what many investors are realizing is that the most solid crypto project nowadays is DeepSnitch AI. Simply put, DeepSnitch AI is the most sophisticated AI implementation in crypto, as well as one of the upcoming coins that addresses the largest market.

The system consists of a set of AI agents (most of which are already operational) that generate market intelligence out of real-time crypto data. Each agent performs a set of functions, but all work in unison as a sort of “brain ecosystem”.

For instance, if a user sees in SnitchFeed a strong sentiment towards meme coins, she can ask SnitchGPT for a suggestion to buy, and get from AuditSnitch an assessment of the coin’s legitimacy.

This powerful tool will be available to all crypto holders worldwide, a market that is estimated to exceed 600 million people. With such a massive adoption potential, it is not a surprise that the presale has raised almost $1,475,000 while just beginning its 5th stage.

The entry price is still only $0.03830, a level that creates a huge upside. In addition, bonuses are given to DSNT purchases, according to the amount, beginning with a 30% bonus for only $2k in investment. This bonus would turn those $2k into more than $20k with only an 8x increase.

But only those moving fast and taking part now in the presale will be able to get such returns.

2. Aster (ASTER)

The DeFi resilience highlighted in crypto market news today is reflected in Aster’s price performance between Feb. 2-3, when the coin surged from $0.532 to $0.597, a sizable 12% jump in a single day. Prior to that, in the heavy sell-off days of Jan. 31 to Feb. 1, Aster resisted around the $0.53 mark.

As bulls might come soon, Aster’s performance signals a readiness for an ascending path during the rest of February.

3. MYX Finance (MYX)

During the same period, MXY Finance was another example of the DeFi edge over other coins, noted in crypto market news today. The DeFi platform’s native token, MYX, rose from $4.70 on Feb. 1 to $6.30 on Feb. 3, an even larger jump than Aster (34%).

Both cases, MXY Finance and Aster, are examples of staking mechanisms serving as guardrails against excessive volatility.

Conclusion

Crypto market news today highlights how certain crypto segments might have an edge over others during bearish times. But eventually, success comes down to a solid product anda massive market, and DeepSnitch AI excels on both counts.

While a 100x returns scenario seems likely, only those investing now in the presale while taking advantage of the bonuses (30% code: DSNTVIP30, 50% code: DSNTVIP50, 150% code: DSNTVIP150, 300% code: DSNTVIP300) might see their wallets explode.

Visit the official website to buy into the DeepSnitch AI presale now, and visit X and Telegram for the latest community updates.

FAQs

Are ASTER and MYX safer coins than, for instance, DOGE?

As shown by crypto market news today, DeFi staking can mitigate drops during bear markets, but it can’t guarantee that a crash won’t take place. The best defense against sharp drops is a massive adoption level, which is the core of DeepSnitch AI’s business model.

Why is it expected that DeepSnitch AI will gain users at a fast pace?

Because, unlike most other crypto projects in presale, DeepSnitch AI has a very advanced product development stage, meaning that the system is almost ready to be used.

What number of users might push DSNT’s price 100x?

The estimation is that when DeepSnitch AI has about 1.35 million users, DSNT’s price will be around $4, which is more than 100x its current price.

Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.