During the TOKEN2049 conference held in Singapore, Vugar Usi Zade, the operating chief at Bitget, expressed skepticism regarding the prospect of a traditional “altseason” in the current crypto market environment. His remarks suggested that the prevailing conditions do not favor a scenario where most altcoins rally in tandem with Bitcoin. Usi Zade pointed out that the lack of significant technological advancements among crypto projects has weakened the foundation for a broad market rally.
Historically, altcoins have often surged alongside Bitcoin, driven by their higher risk-reward profiles. However, Usi Zade conveyed that this dynamic might not hold true for the present cycle, indicating that traders may need to concentrate on specific narratives or maintain closer ties to Bitcoin.
This brings to the forefront a critical question: which crypto coin has the potential for a 100x return during this narrowing market phase? DeepSnitch AI has emerged as a strong contender, boasting an early presale and practical utility that could keep it relevant regardless of market conditions.
DeepSnitch AI distinguishes itself from other AI-focused coins, which typically promote large-scale infrastructure projects with indirect market impact. Instead, it aims to offer tools that traders can utilize to monitor trading flows and identify risks in real time via Telegram—an established platform for trader communication. This direct utility is seen as a compelling advantage that makes DeepSnitch AI’s narrative appealing.
The broader landscape for AI in crypto is poised for significant growth, with estimates suggesting a 25-fold increase by 2033. A survey from Kraken indicates that many crypto holders anticipate AI tokens will outperform other segments by 2025, positioning smaller market cap projects like DeepSnitch AI to potentially capture this fresh demand.
In terms of investment dynamics, established altcoins are less likely to deliver 100x returns due to their larger market capitalizations. For example, with a valuation close to $1 billion, coins like The Graph (GRT) face challenges in achieving substantial growth. In contrast, early presale projects like DeepSnitch AI present lower entry costs and thus greater potential for exponential returns. Its brand identity—a playful “Snitch” concept—resonates well within meme culture and aligns with the traders’ needs.
In the context of market updates, Kaito has shown strong performance over the past week, surpassing general market trends. Despite this, analysts predict a potential correction, estimating a drop of over 25% by the end of October.
On the other hand, GRT has experienced setbacks, underwhelming compared to broader market performance. Technical indicators signal a bearish sentiment, although the Fear and Greed Index remains neutral, with possible growth projections of around 16% over the next month.
The overarching conclusion is that opportunities for 100x returns in the crypto space are unlikely to reside within established names like Kaito or GRT, which have market caps in the hundreds of millions. Instead, the focus should be on new projects where entry points are still affordable, and demand potential is high.
DeepSnitch AI encapsulates these qualities: it leverages a meme brand, provides essential trading tools, and utilizes already popular communication channels, all while maintaining a presale structure that incentivizes early investment. For those interested in capitalizing on the evolving market landscape, the ongoing presale represents a timely opportunity.
For further engagement, potential investors are encouraged to visit the official DeepSnitch AI presale website to explore participation options.
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