President Donald Trump officially nominated Travis Hill to chair the Federal Deposit Insurance Corporation. Hill, already serving in an acting role, has been vocal about crypto adoption, calling for banks to treat digital assets as “permissible activity.” His nomination follows Martin Gruenberg’s resignation earlier this year.
This is good news for the crypto industry, and it is also an opportunity for smart investors to position for the next 800x. And right now, DeepSnitch AI is the presale project most people are interested in. It’s still in Stage 1 with 14 more stages to go and has already raised over $295k.
Trump nominates Travis Hill to lead the FDIC
President Donald Trump has formally nominated Travis Hill to serve as chair of the FDIC for a five-year term, sending the pick to the Senate Banking Committee for review. Hill has been serving as acting chair since January 20, the day Trump took office.
Hill has already explained his position on crypto during his interim tenure. In March, he issued a letter clarifying that banks could engage with crypto assets as a “permissible activity,” provided they complied with safety and soundness standards. He has also called for more detailed guidance from the FDIC on how financial institutions can participate in tokenization and blockchain-based services.
He indicated that this move is likely to be one of several measures the FDIC will pursue to establish a clearer framework. This will affect how banks participate in crypto and blockchain-related activities. At the same time, it will maintain safety and soundness standards..
Hill worked in financial regulation and has been known for his pragmatic approach to balancing innovation with oversight before joining the FDIC. His nomination comes after Martin Gruenberg, who was Senate-confirmed under the Biden administration, resigned earlier this year.
Altcoins to keep an eye on: DeepSnitch emerges as an 800x bet as XRP price prediction stalls
DeepSnitch AI: Could it be the 800x reset button?
The next 800x could balance the portfolios of most people in the crypto market, but these types of opportunities are always rare to come across. XRP is already over 110,000% above its lowest price, meaning another 800x run is mathematically off the table.
That’s why many consider DeepSnitch AI as the perfect opportunity. One of its biggest advantages is the heavy marketing allocation. 30% of the tokens are set aside purely for visibility during the presale.
DeepSnitch AI will integrate seamlessly into the channels and bots people already trust, eliminating the need for users to download another app or follow complex processes. The tools it’s developing will be directly integrated into Telegram’s 1 billion user base. That kind of integration means its signals, alerts, and insights show up right in the middle of the conversation, cutting the delay between spotting a move and acting on it.
Additionally, smaller investors are tired of being used as exit liquidity. DeepSnitch AI will solve this problem by providing tools and narratives that put better signals into their hands. It’s a story that resonates with many people.
The presale performance is already showing the effects of the massive demand. DeepSnitch AI is already 14% above its opening price, although entry levels are still low enough for new investors to build meaningful positions. That’s the spot where meme coins like DOGE once thrived before their explosive runs.
And unlike those pure memes, DeepSnitch AI is building itself as a crossover, combining meme coin culture with utility AI narratives. That combo increases its appeal, creating a buyer base that has both hype chasers and utility-focused investors. For those asking if they missed the last 800x, many believe DeepSnitch AI could be the reset button.
XRP price predictions
XRP has increased by almost 2% in the past week, underperforming the general crypto market’s 8% rise. However, it is showing relative strength compared to similar Coinbase 50 Index assets.
Technical indicators suggest a slight increase in the XRP price outlook. Its 50-day SMA stands at $2.95, while the 200-day SMA is below that. The RSI suggests neutral momentum, neither overbought nor oversold. According to analysts, XRP could increase by more than 15% to $3.39 by December 31.
Chainlink market performance remains average
Chainlink recorded a 6% gain over the past 7 days, slightly underperforming the overall market rise of 8.50%. The recent partnership with the Global Legal Entity Identifier Foundation (GLEIF) has boosted sentiment. It tied LINK’s infrastructure to regulated on-chain identity verification.
Technically, LINK shows support with its 50-day and 200-day averages, suggesting potential growth. The 14-day RSI at 44.15 indicates a neutral posture, while forecasts predict an 8% by the end of October.
Final verdict
XRP and LINK look more like long-term tokens for whales than breakout bets, especially for those who want massive gains. Since they are already established tokens, they can’t deliver 800x again. It’s simply not possible, mathematically.
DeepSnitch AI, on the other hand, is still early enough for those who want huge multiples. A 30% marketing budget, meme branding, and a solid utility are all combining at a presale stage where entries remain low.
The token is already up over 14% from its opening price, but the opportunity is still open. DeepSnitch AI might be the reset button for anyone who missed the last 800x.
Visit the official DeepSnitch AI presale website and explore the details.
FAQ
What is the current XRP price prediction?
Analysts predict XRP could rise by 15% to $3.39 by December 31, based on technical indicators.
What recent event is affecting XRP’s price outlook?
The nomination of Travis Hill as FDIC chair has indicated a potentially friendlier regulatory environment for crypto.
Why is DeepSnitch AI getting so much attention?
It combines meme coin virality, heavy marketing, early presale pricing, and utility crossover narratives. This gives it the profile many believe could deliver the next 800x setup.
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