AI Crypto Coins: India Flags Tax Evasion Risks as DeepSnitch AI Dominates the Sector with 120% Gains and Live Security Tools

Financial authorities in India have reiterated serious concerns over crypto transactions, warning that the rise of offshore exchanges and decentralized finance (DeFi) tools is complicating tax enforcement. This warning from the Income Tax Department (ITD) shows a global shift toward stricter oversight.

But as regulators close in on systems, investors are searching for the best AI crypto coins that offer clear utility and transparency. DeepSnitch AI is the top choice, raising more than $1,110,000 in its presale, and those who joined early have made nearly 120% in paper gains.

India’s crackdown on “hard-to-trace” crypto

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During a parliamentary standing committee meeting on finance, the ITD flagged major risks linked to crypto activity, specifically highlighting the challenges posed by offshore exchanges, private wallets, and DeFi tools. The department argued that these technologies make detecting taxable income more difficult, creating a potential haven for tax evasion.

This discussion, which included input from the Financial Intelligence Unit (FIU) and the Department of Revenue, focused on a report titled “A Study on Virtual Digital Assets (VDAs) and Way Forward.”

Top AI crypto coins: DeepSnitch AI leads

DeepSnitch AI ($DSNT): Is this the best among AI crypto coins?

DeepSnitch AI has raised over $1,110,000 and is moving through Stage 4 of its presale because it delivers what others only promise: working technology. The activation of AuditSnitch has been great. This live security layer allows users to instantly verify smart contracts for scams, honeypots, and risks, providing a level of safety that is nonexistent in most AI crypto projects.

Most artificial intelligence cryptocurrencies will find it hard to compete with DeepSnitch AI because they lack this immediate, tangible impact. While competitors are busy writing whitepapers about future neural networks, DeepSnitch AI holders are already using SnitchFeed to track institutional whales and SnitchScan to score token safety. This live utility has made the token price increase to $0.03334, rewarding early investors with nearly 120% gains.

Additionally, more than 28 million tokens have been staked in the uncapped rewards pool. The opportunity to buy DeepSnitch AI at this valuation is closing. Investors who want to own the dominant AI asset of 2026 are securing their positions now.

Golem ($GLM) price prediction

Golem is one of the top AI crypto coins performing this week. The token has seen a massive surge in activity, with trading volume hitting nearly $36 million in the last 24 hours, a 236% increase. This made the price increase by more than 18% in the last week as of January 8th, creating a bullish structure on the charts.

However, the technicals suggest that Golem may be running hot. The 14-day RSI is 72.98, indicating the asset is overbought. While the price prediction forecasts a 21% rise by April 2026, the upside is limited compared to the massive potential of a presale like DeepSnitch AI.

Pieverse ($PIEVERSE) market update

Pieverse is one of the artificial intelligence cryptocurrencies trending in the market after a stunning 60% price increase in the last seven days as of January 8th. The token is outperforming the market and attracting interest.

Furthermore, the trading volume has increased by 11% in the last 24 hours, indicating sustained interest. The sentiment is bullish, but the Fear & Greed Index remains in fear, showing a disconnect between the token’s performance and the market mood. The price prediction forecasts a 104% rise by January 2027.

Final thoughts

Among other coins in the market, DeepSnitch AI is the best AI crypto to buy now. At the moment, it is better to join its presale than buy big AI coins like TAO or NEAR, which are already established AI tokens.

Moreover, it has everything needed to be successful, with a progressive presale and working AI product. The accumulation is heavy, and many smart investors are getting their bags ready for massive profits.

Visit the official DeepSnitch AI website, join Telegram, and follow on X for the latest updates.

FAQs

What are the best AI crypto coins to buy in 2026?

DeepSnitch AI is the top pick among the best AI crypto coins due to its massive presale success, raising over $1.11 million.

How does India’s tax warning affect crypto?

India’s warning about offshore exchanges and DeFi highlights the regulatory push for transparency. This environment favors AI crypto projects like DeepSnitch AI that provide clear on-chain data and auditing capabilities.

Why will DeepSnitch AI outperform other AI-powered tokens?

Most AI-powered tokens are speculative concepts. DeepSnitch AI has live products like SnitchScan and SnitchGPT that solve immediate problems for investors.

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.