According to crypto market news today, spot Bitcoin exchange-traded funds (ETFs) recorded $562 million in inflows earlier this week, after seeing $1.5 billion in outflows last week. Meanwhile, Ethereum ETFs continue bleeding.
Amid this, early degen investors in the ongoing DeepSnitch AI presale have bagged a 153% ROI as the presale enters stage five, with the price of its native token, DSNT, jumping to $0.03830.
Given that DeepSnitch AI is introducing tools to help degens spot micro-cap projects before they blow up, many speculate it will attract so much attention that DSNT’s value will surge 100x upon listing.
Bitcoin ETF sees $562 million inflow as momentum resumes
Bitcoin ETFs staged a comeback earlier this week, despite BTC and the overall crypto market being in the red. Per global crypto headlines, Bitcoin ended a four-day outflow streak when it recorded $562 million in inflow on February 1.
SoSoValue, a blockchain intelligence provider, revealed that this BTC inflow followed $1.5 billion in outflows last week. However, analysts have warned that ETFs and the broader market may struggle in the coming days amid continued institutional selling.
CoinGecko data reveals that the inflow came as Bitcoin recovered from a dip to $75,000 over the weekend, bouncing back to $79,000. This year alone, Bitcoin has recorded a total outflow of $4.6 billion and an inflow of $3.6 billion.
Why presale tokens are outperforming established coins in the crypto market updates today
1. DeepSnitch AI surges 153% and triggers FOMO among investors
Degens are turning their attention to DeepSnitch AI, an emerging AI-backed crypto project that offers tools to catch opportunities before they go mainstream. These tools consist of five AI agents integrated into a live dashboard.
With these tools, degens can catch tokens in their budding stage and invest in them before the rest of the market catches on. This gives them a head start should a chosen token surge in value.
In addition to unearthing gems, AuditSnitch, one of the built-in AI agents, conducts security checks on token contracts, protecting investors from interacting with malicious contracts and from having their wallets compromised.
However, these AI agents(SnitchScan, SnitchGPT, SnitchCast, SnitchFeed, and AuditSnitch) can only be accessed by DSNT holders. According to crypto market news today, DSNT has entered stage five of its presale, with early investors currently up 153%.
With projections hinting at a potential 100x upon its exchange listing, DeepSnitch AI’s DSNT could hit $3 from its current price of $0.03830. More than $1.48 million has been invested in DeepSnitch AI to date, with additional investments underway.
2. Zcash price prediction: Price holds near $260 support
ZCash is regaining upside momentum after a sharp decline landed its price in the lower boundary of a broader bearish structure.
After drawn-out sessions of breakdowns and compressions, ZCASH is now holding near a support region around $260.
The overall structure remains bearish, with price forming lower lows within a descending channel. This structure held throughout the recent sell-off, confirming the presence of sellers.
Noted in the latest digital assets news is ZCASH’s 30.49% weekly decline to $259. Until a bullish signal emerges, ZCASH could dip further.
3. Cardano price prediction: Sizable whale purchase lifts pressure on price
HolderStat, a crypto pundit, noted that ADA is testing a key short-term support zone, with the price under bearish influence.
Currently trading at $0.28, ADA maintains a downward trend within a well-defined descending channel after initially breaking below a former range high at $0.33.
This development comes as smart money quietly stacks up ADA. Per Santiment, addresses holding between 100,000 and 100 million ADA have scooped up 454.7 million ADA valued at $161.4 million over the last two months.
Meanwhile, small holders, that is, wallets holding between 100 ADA or less, have dumped about 22,000 ADA. However, whale involvement could trigger a price surge for ADA in the near future.
Conclusion
DeepSnitch AI offered degens a way to escape the ongoing market onslaught, so while other market participants lost money in the crash, degens boosted their portfolios by 158% by investing in DSNT’s presale.
The presale is currently in stage five, per crypto market news today, with DeepSnitch AI’s token selling for $0.03830. Due to its presale performance, many predict it could soar 100x by launch.
DeepSnitch AI is incentivising early presale participants with up to 300% of their investment in DSNT, as long as it is $30,000 or more, using the code DSNTVIP300. This offer won’t last forever, so make the most of it now.
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FAQs
1. Why was DeepSnitch AI mentioned in the crypto market news today?
DeepSnitch AI was named in crypto market news today for outperforming even the top digital assets by a wide margin. While other assets lost value, DeepSnitch AI rose 153% to $0.03830.
2. Why is DeepSnitch AI dominating the global crypto headlines?
Many believe DeepSnitch AI could be the next 100x crypto due to its pre-launch performance and the solutions it aims to roll out following its official debut.
3. Which token is set to become number one across digital asset news?
DeepSnitch AI is poised to become a top player in the crypto sector, with digital asset news spotlighting its pre-launch growth and performance that have sparked 100x projections.
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.
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