DeepSnitch AI Presale Surges 58% with $560K Raised, Challenging Established Crypto Giants

Coinbase has expanded its crypto lending services by introducing ETH-backed loans for US users, allowing borrows of up to $1 million in USDC against Ethereum holdings without asset sales. This service, integrated with the DeFi protocol Morpho on the Base network, has driven Coinbase's on-chain lending volume past $1.25 billion, backed by $1.37 billion in collateral, with $810 million outstanding. The move aligns with Coinbase's growth under clearer US regulations, including recent acquisitions and a new token launch platform.

Concurrently, DeepSnitch AI has garnered attention with its presale, raising over $560,000 and surging 58% to $0.02381 while still in stage two. The project is developing an AI-powered toolkit for crypto traders, featuring real-time tools like SnitchScan for smart contract security analysis and SnitchFeed for tracking whale movements and market sentiment. With passed audits from SolidProof and Coinsult, DeepSnitch AI aims to serve over 100 million traders, positioning itself as a Bloomberg Terminal for Web3.

Analysts highlight DeepSnitch AI's potential to outperform major cryptocurrencies, contrasting it with Ethereum's consolidation near $3,030 and Dogecoin's rebound toward $0.25. Ethereum's technical indicators, including RSI above 50 and a bullish MACD, suggest a possible rise to $3,400 if it holds the $3,000 support, while Dogecoin shows accumulation signals and a falling wedge pattern. Despite these predictions, DeepSnitch AI's early-stage utility and AI focus are drawing investor interest as a higher-growth alternative.