Bitcoin and Ethereum spot ETFs experienced a massive influx of over $1 billion in net inflows on September 12. This represents the peak in daily institutional demand since the product’s launch.
Ethereum’s ETFs also made a recovery, as outflows over the previous week spiked to $787M, thus, the results are a sign of a return to bullish sentiment for ETH.
After a solid week across the market, investors are also interested in low-value coins. For instance, many are searching for a Dogecoin price prediction after a 1B Dogecoin treasury was announced. Others are setting their sights on something with a larger upside potential.
DeepSnitch AI, a presale project, fits the bill perfectly due to its price of $0.01634 and interesting AI utility. Many investors recognize this and have thus helped raise $196K during the first stage of the presale.
A bullish recovery
Spot ETFs reached a new peak on September 12 when Bitcoin and Ethereum spot ETFs netted a combined $1B in net outflows. Bitcoin was dominant, amassing $642M in daily inflows while Ethereum attracted a solid $405M.
According to on-chain data from SoSoValue, there was a strong buying momentum during the week. Bitcoin peaked at $2.34B in weekly inflows, representing a noticeable recovery when compared to the previous week, when only $246M inflows were recorded.
Yet, Ethereum’s recovery is much more noteworthy. With $787M in weekly outflows in the week ending on September 5, the future looked grim. Yet, this week, the inflows peaked at $637M.
This is a clear sign investors are regaining faith in ETH. In fact, the daily inflow on September 12 was $405M, the best performance since the ETFs launched. This is in direct correlation with Ethereum’s performance, according to Ted Pillows, as the coin reclaimed $4,7K and started testing the $4.8K zone, which opened up the possibility for a new ATH.
As institutional momentum picks up steam and the market prepares for possible rate cuts, many majors are logging solid performance. However, investors are also interested in the movement of undervalued cryptocurrencies, which may offer a higher upside potential even with more modest investments.
Breakout altcoins of the season
1. DeepSnitch AI: Can an AI token bring 1000x upside?
DeepSnitch AI piqued investors’ interest when it raised $196K during the first pre-stage sale. The driving force behind such a rapid influx of capital is the utility.
Developing five specialized AI agents, DeepSnitch AI aims to provide investors with fresh and actionable crypto trading insights. Each agent will be dedicated to scouring one area of crypto analytics and presenting actionable insights in an AI-powered dashboard.
From tracking whales and screening tokens to assessing contract risks, DeepSnitch will help users make data-informed trades.
DeepSnitch AI also borrowed the best from the meme sector to boost the project’s potential success. From designing the agents like meme characters, 30% of the supply is allocated to marketing.
This will ensure a healthy dose of hype during the sale and increase overall visibility, thus helping maintain a steady stream of new investors.
The price is also similar to that of meme coins. The DSNT token is priced at $0.01634, which means there’s lots of room for growth.
As an example, Dogecoin was trading 334k% up from its ATH. If DeepSnitch achieves a fraction of that traction, say, 100x, investors could look forward to $10K gains with an investment of $100 in stage one.
With $196K raised, stage one is almost complete. The price is set to increase by 2% so many community members are hitting the DeepSnitch AI website to reserve their spot.
2. Dogecoin: How high can DOGE go?
CleanCore made a buzz in the meme coin sector when it announced the first Dogecoin treasury. Although the news alone sparked a great deal of buzz, DOGE started to really hit its stride when the treasury reached the halfway point of its 1B treasury goal on September 11.
Most analysts agreed that Dogecoin was likely to reach $0.29. However, according to CoinMarketCap, DOGE briefly broke through $0.30 on September 13.
As such, traders moved their attention to the next resistance point at $0.45. Maintaining a steady momentum is key, as there’s a likely chance that DOGE may eventually reach the high $0.80.
In addition to the DOGE treasury adding more tokens, Fed rate cuts provide DOGE the push it needs to reach $0.80 by the end of 2025.
3. Cosmos Hub: Is a $5 ATOM in the books?
Many hold ATOM in high regard due to its role in powering the Internet of Blockchains, during which it achieved an ATH of around $44.
Things were very different on September 13 when ATOM traded in the $4.70 area, according to CoinMarketCap.
Despite seeming underwhelming and lacking in agility, ATOM grew by over 7% in a week.
Analysts are bullish yet realistic with ATOM, predicting the token will slowly make its way to $5 and beyond if market forces align and bulls defend their positions.
Moreover, there’s a strong possibility that breaking through its critical resistance at $5 will send ATOM flying to $6.18.
According to Token Terminal, Cosmos Hub’s user base shrank from 30K daily users in January to around 9.5K on September 13. While it’s unlikely ATOM will become the next big cryptocurrency in 2025, it may present a solid diversifier for careful traders.
Final words: Ready for a breakout?
According to the Dogecoin price prediction, there’s a high possibility that DOGE is set for a resurgence in the coming cycle. However, many traders feel that the $43B market cap will put a hard ceiling on their returns.
This is why presales such as DeepSnitch AI may be the superior choice if profit margins are your biggest concern.
As some anticipate DSNT to go 100x after launch, the presale reached nearly $200K in just a few weeks. Combine this with utility and a strong focus on meme value, DeepSnitch could very well end up being the moonshot that’s too hot to miss.
Read more on DeepSnitch AI’s official website.
FAQs
What is the latest Dogecoin price prediction for 2025?
Analysts expect Dogecoin to reach $0.80 by the end of 2025, supported by the 1B DOGE treasury and potential Fed rate cuts.
How does DeepSnitch AI compare to Dogecoin in terms of potential?
While DOGE has the pedigree and stability, it may offer limited profit margins. DeepSnitch AI, on the other hand, may see 100x growth due to its affordable price and AI-driven utility.
Is ATOM a good alternative to meme coins?
ATOM is a utility token and isn’t seeing as much action as meme coins. While it’s likely to continue growing in value, it’s relatively pricey and may result in limited upside.
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