DeepSnitch AI raises over $1M as Cardano's price struggles below key support
A new AI-driven blockchain platform, DeepSnitch AI, is gaining attention in early 2026 after raising between $910,000 and $1.3 million in presale funding. The independent project, set for a January launch, promises institutional-grade trading tools for retail investors. Meanwhile, Cardano's price has dipped below key support levels, while broader challenges persist for everyday crypto spending.
DeepSnitch AI positions itself as a real-time intelligence platform for crypto traders. Its ecosystem runs on five autonomous AI agents, including SnitchGPT for on-chain insights, Token Explorer for contract auditing, and SnitchScan for risk scoring. Other tools like SnitchFeed track large transactions from whales and institutions, while AuditSnitch flags potential scams such as rug pulls and honeypots. Early adopters holding the platform's native DSNT token will gain exclusive access to these features, alongside live staking with adjustable rewards. Since its presale, DSNT's value has surged by over 143%, climbing from $0.0151 to $0.03681.
Elsewhere, crypto adoption faces hurdles in daily use. A recent survey found that 49% of people cite the lack of merchant support as the biggest barrier, while 43% are deterred by price swings. High transaction fees (44.7%) and slow processing times (26.8%) also discourage spending. Even among Bitcoin holders, 55% rarely or never use crypto for real-world payments, despite backing its wider adoption.
Cardano, one of the market's major altcoins, has seen its price fall below the $0.35 support level, trading at $0.33 on January 26. Despite the short-term downturn, some analysts remain optimistic, with forecasts suggesting a potential rise to $1.00 in the future.
DeepSnitch AI's upcoming launch follows a strong presale, offering advanced tools to retail traders in a market still grappling with adoption challenges. Cardano's recent price drop contrasts with long-term bullish predictions, highlighting the volatility that continues to shape crypto behaviour. The platform's AI-driven features may provide new solutions, but broader issues like merchant infrastructure and fee structures remain unresolved for everyday users.
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