DeepSnitch AI Raises $1.67M Ahead of Launch as Dubai Expands Real Estate Tokenization on XRP Ledger

2 hour ago 2 sources neutral

Key takeaways:

  • Dubai's XRPL-based tokenization signals institutional adoption, potentially boosting XRP's utility beyond payments.
  • DeepSnitch AI's presale success reflects market demand for tangible DeFi tools over speculative infrastructure narratives.
  • Investors should monitor Kaspa's support levels as its block reward reduction introduces near-term volatility risk.

The Dubai Land Department has launched the second phase of its real estate tokenization pilot program, marking a significant step in the tokenization of property assets. The first phase successfully tokenized $5 million worth of Dubai property, resulting in 7.8 million tokens available for resale. The licensed tokenization partner, Ctrl Alt, will issue "Asset-Referenced Virtual Asset management tokens" for secondary market transfers. Notably, all on-chain transactions for this initiative are planned to be logged on the XRP Ledger (XRPL) and secured by Ripple Custody.

The Dubai Land Department projected in May 2025 that this project could contribute $16 billion by 2033, representing approximately 7% of total property transactions in the emirate.

Amidst these developments in Real-World Assets (RWAs) and broader market volatility, investor attention is shifting towards new projects with demonstrable utility. DeepSnitch AI (DSNT) has raised over $1.67 million in its presale at a price of $0.04064 per token. The project's momentum is largely driven by a 100x prediction and the fast, transparent development of its AI-powered analytics suite. The project recently released a preview of its main dashboard, showcasing five live AI agents designed for traders. These agents include tools for sentiment tracking, rug-pull risk assessment, contract auditing, and on-chain analytics, all accessible through a unified interface.

In contrast, the article presents a cautious outlook on other projects. The BlockDAG (BDAG) presale is concluding, with a final sale price of $0.00125 before a planned launch price of $0.05. The project has raised significant funds but faces skepticism regarding its community energy and ability to prove its infrastructure at scale. Its BDAG token is confirmed for listing on exchanges like LBank, BitMart, and Coinstore on March 4, 2026.

Meanwhile, Bitcoin Hyper (HYPER), an L2 project aiming to bring the Solana Virtual Machine to Bitcoin, has been relatively silent on updates. The article also notes that Kaspa (KAS) is testing support levels, with its price action largely tied to Bitcoin's movements and uncertainty surrounding an upcoming block reward reduction.

The piece concludes by positioning DeepSnitch AI as a project with "mass retail appeal" and proven, live tooling, suggesting it may offer a clearer path for growth compared to infrastructure-focused projects in the current climate.

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