Crypto Fear and Greed Index slid to “fear” as the crypto market cap decreased to $3.6T on October 17. This is happening amidst major assets like Bitcoin losing momentum and falling under crucial support lines.
However, while the market sentiment is turning sour, traders are confident that anticipated US Fed rate cuts later in October may strengthen the recovery.
Meanwhile, in anticipation of the cuts and caution against major coins, some traders are pouring thousands into presale projects such as DeepSnitch AI, which amassed over $435K in capital in the second stage.
Hailed by many as the best crypto presale right now, DeepSnitch AI stands out from the competition with its trader-centric approach and an AI-driven analytics platform, which could push the token to over 100x after launch.
What’s going on with crypto?
According to CoinMarketCap data, the crypto market cap shrank to around $3.6T on October 17. In addition, the Fear and Greed index was at 28, indicating fear.
Although these stats seem catastrophic, they don’t eliminate the chances of a new breakout. The RSI, for instance, was oversold at 39, which is a powerful buying signal that could technically cause a major flip in the overall market sentiment.
Yet, major assets are struggling. CoinMarketCap data showed Bitcoin trading between $106K and $107K.
Meanwhile, Ethereum struggled to recover above $4K.
A similar trend can be seen in the stock market, with the Cboe Volatility Index rising on October 14, amidst fears of a China-US tariff standoff. Even though correlation waves can affect the crypto market and pull it lower, the opposite is also true.
Thus, with a decrease in macro pressure, the crypto market is expected to stabilize a lot faster than equities.
Potential Fed rate cuts may also infuse some much-needed momentum. The October meeting will take place soon, with statements from multiple parties indicating that a half-percentage-point or a quarter-percentage-point cut is possible, with the Fed leaning more towards the latter.
Although the cuts may directly affect the price movements of major coins, presales could also benefit from the ensuing hype and the restoration of momentum throughout Q4.
Upcoming crypto presales in 2025
1. DeepSnitch AI: Is DSNT poised for astronomical growth?
DeepSnitch AI is only in its second stage, but the project is already believed to be one of the top new crypto ICOs, after investors poured in over $435K into the presale.
The crux of the project is the trading analytics suite that will leverage five powerful AI agents that expertly analyze on-chain data. The data will then be transformed into actionable insights that the traders can access via a simple, centralized dashboard.
The first agent, SnitchFeed, will analyze market sentiments by rummaging through countless alpha groups and social threads. Even if a tiniest shift occurs, the agent will warn the user. Moreover, SnitchFeed also works well at spotting insider trading, suspicious activities, and FUD storms.
SnitchScan is equally as powerful. In addition to discovering breakout coins, this agent can track developer activities and identify rug pulls, helping traders avoid common crypto scams.
The utility isn’t the only reason why the presale is doing so well, as DeepSnitch’s position as an AI coin could also help it capitalize on the growing AI hype. Although the AI market can be saturated, the majority of projects are either architecture-related or aimed at developers.
Thus, DeepSnitch’s appeal as a day-to-day trading tool could drive adoption, which will in turn push the token’s value.
Some traders anticipate a moonshot opportunity of at least 100x, which at the price of $0.01915 could effectively yield $50K on a modest $500 investment.
The community is already rushing to invest early, and not only to snag the token before the next price increase. Rather, they’re itching to test drive the first two agents and the dashboard, both of which will be accessible to early DeepSnitch AI supporters.
2. Bitcoin Hyper: Is it too late to profit on HYPER?
Bitcoin Hyper promises something revolutionary. While it’s a late-stage project with millions raised, its potential lies in its utility that will update the Bitcoin Network by speeding up its slow transaction speeds.
Bitcoin Hyper is an L2 that integrates the Solana Virtual Machine. This allows it to process transactions through the more modern architecture, keeping them outside of the base chain.
Doing this will preserve the security that Bitcoin is known for while processing transactions with a throughput similar to Solana.
The current price is $0.013135, which is quite steep and could limit the upside, especially compared to early-stage projects such as DeepSnitch AI.
It’s also worth noting that the utility will primarily benefit Bitcoin traders. Plus, the project’s success will be directly tied to Bitcoin’s success, which may be a strict no for some.
3. Little Pepe: Can utility improve this meme coin’s long-term prospects?
New cryptos inspired by the classic meme coins often perform well, and there’s no reason to believe Little Pepe will be any different. Yet, the problem with new meme-based tokens is that they often deflate after launch and slowly fade into oblivion.
To avoid this problem and ensure steady long-term growth, LILPEPE plans to incorporate utility mechanisms.
Although nothing revolutionary, the L2, sniper bot protection, community governance, and staking may allow Little Pepe to catch up to its older brethren. To maintain hype, Little Pepe may also introduce a launchpad after launch.
Similar to HYPER, LILPEPE is a late-stage project, priced at $0.0023.
Conclusion: Presales to the rescue
Even though traders are momentarily cautious as the possibility of major sell-offs and crashes looms large, presale projects are still attracting major capital.
This is completely understandable as investing in a successful presale is not only a potential hedge against volatility, but could also help recoup losses.
Due to strong fundamentals, mainstream appeal, and an affordable entry, many are already crowning DeepSnitch AI as the best crypto presale in Q4. Thus, it’s not surprising that the project raised $436K in record time.
Join the growing DeepSnitch AI community, reserve your DSNT tokens, and open up to a 100x opportunity.
FAQs
Why is DeepSnitch AI considered the best crypto presale in Q4?
DeepSnitch AI raised over $435K despite market volatility, proving high interest, while the analytics platform that the project is developing has the potential to achieve widespread adoption.
Why is the crypto market in “fear” territory right now?
The crypto market not only dropped to $3.6T, but the BTC and ETH prices fell sharply, which pushed the Fear and Greed index further into the “fear” category.
How could potential Fed rate cuts impact the crypto market?
If the US Federal Reserve cuts rates later in October, it could inject fresh liquidity into the markets, making risk assets like crypto more attractive.
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