Bitwise CEO Hunter Horsley noted that BTC’s recent decline was in tandem with the broader macro assets. However, he added that institutional demand remains high.

In other news, investors’ interest in celebrity-based tokens has not dwindled despite the lack of utility, with the latest focus falling on ‘Mr Beast crypto coin’ in search trends. However, smart investors are turning to DeepSnitch AI (DSNT), a utility-driven project with potential to lead the next market rally.

Its presale has already skyrocketed 159%, proving smart money is flooding in early. With advanced AI tools designed to give retail traders an edge and a potential exchange listing very close, DeepSnitch AI is primed for a potential 100X-300X explosion.

Bitcoin’s drop below $70,000 is offering institutional investors what Bitwise CEO Hunter Horsley calls a “new crack at the apple.” Speaking on CNBC, Horsley said long-time holders appear uncertain, while institutions are stepping in at price levels they once believed were gone. 

He described Bitcoin as being in a bear market and “getting swept up” alongside other macro assets as investors sell liquid holdings. Despite the downturn, Horsley noted strong institutional demand. Bitwise, which manages over $15 billion in institutional assets, recorded more than $100 million in inflows in a single day during the recent dip.

DeepSnitch AI is a utility-based project that continues to gain attention in the market. Its goal is to help retail traders navigate the crypto market. The platform moves beyond simple analytics by providing a suite of advanced AI tools. 

These tools include SnitchScan, SnitchFeed, AuditSnitch, SnitchCast, and SnitchGPT. SnitchScan delivers precise tracking of influential wallet flows. Meanwhile, AuditSnitch continuously vets token contract security, and SnitchFeed monitors social sentiment and news narratives.

This integrated ecosystem works 24/7 to identify trends and risks. Afterwards, it converts this large volume of data gathered into clear insights that you can understand. In addition to these AI tools, DeepSnitch AI is also concerned about security.

Solidproof and Coinsult have audited its smart contract to ensure it is safe for you. Presently, DeepSnitch AI is in the fifth stage of its presale and has raised over $1.53M in funding. It is currently priced at $0.03906, a good entry price for investors who are looking for the best cheap crypto to buy for potential 100X-300X returns.

Over the past few months, there has been a rush among investors for celebrity-linked meme coins. One such search is for the “Mr Beast crypto coin.” 

While Mr Beast crypto coin rumors have spread across the market, he has always reiterated his lack of interest in launching a meme coin. An example of a Mr Beast crypto coin is the Based Beast Coin, however, this is community-backed rather than an official Mr Beast crypto coin. 

As of February 9, the Beast crypto was trading at $0.01968 with a weekly gain of 19.2%. However, it is bearish on the monthly and yearly timeframes.

Pudgy Penguins’ native token, PENGU, is one of the viral meme coins affected by the recent market correction. Its price has dipped by 19.9% on the weekly chart and 48.1% on the monthly timeframe.

The PENGU coin is presently consolidating between $0.006 and $0.007, with the lower level acting as a strong support. If this level holds, the PENGU price might rally to $0.008. 

As of February 9, the Pengu coin was trading at $0.0064. Still, the value of Pengu crypto is expected to surge to $0.03 in the coming months.

For investors seeking a project that goes beyond viral meme coins, a Mr Beast crypto coin may not be a good option to consider. This is where utility-driven projects like DeepSnitch AI come in. 

It seeks to revolutionize the crypto space using AI tools to help you make better trading decisions. You can get the DeepSnitch AI coin at its current price of $0.03906 and enjoy huge bonuses depending on the amount. 

If you buy $10,000 worth of coins at the current price and use the 150% bonus, you will get $640,040 if the price increases to $1. The bonus offer is currently nearing its deadline, which is why acting now could be the best option.

Visit the official website for more information, and join X and Telegram for community updates.

Although Mr Beast crypto coin rumors have flooded the market, MrBeast has said several times he has no plans to launch a coin. While the rumors persist, DeepSnitch AI is a utility-based coin that has gained huge traction in the market. It has raised over $1.53M in funding and could soar by 100X-300X in Q1.

While some traders are going for memecoins like the Mr Beast crypto coin, which has no utility, smart investors are piling into DeepSnitch AI. Traders say the price of this utility-based coin could soar by 1,000X this year. 

MrBeast (Jimmy Donaldson) is one of the highest-earning online creators and a multimillionaire. Meanwhile, investors who want to make millions from cryptocurrency can consider low-cap coins like DeepSnitch AI, which do not depend on influencer token speculation for growth. Instead, they offer real AI-powered on-chain utility that can keep them relevant for the long term.

DISCLAIMER: CAPTAINALTCOIN DOES NOT ENDORSE INVESTING IN ANY PROJECT MENTIONED IN SPONSORED ARTICLES. EXERCISE CAUTION AND DO THOROUGH RESEARCH BEFORE INVESTING YOUR MONEY. CaptainAltcoin takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We strongly advise readers to do their own thorough research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. Any investment decisions made based on this content are at the sole risk of the readCaptainAltcoin is not liable for any damages or losses from using or relying on this content.

The post Mr Beast Crypto Coin in Spotlight, but Smart Investors Double Down on DeepSnitch AI With 100X Potential, Bitwise CEO Says Institutional Demand for Bitcoin Is High Amid Downtrend appeared first on CaptainAltcoin.

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