The crypto analytics landscape is undergoing a significant shift, marked by the closure of established firm Parsec Analytics and the concurrent rise of AI-powered platform DeepSnitch AI. Parsec Analytics announced its shutdown after a five-year run, with CEO Will Sheehan stating the market had "fundamentally shifted away from their core models." Sheehan elaborated that the company's initial heavy focus on DeFi and NFTs fell out of step with the current blockchain sector trajectory, especially after the collapse of FTX.
In contrast, DeepSnitch AI ($DSNT) is positioning itself as the new infrastructure solution, capitalizing on market complexity. The project's presale has raised over $1.68 million, with more than 37 million tokens staked by its community. The platform offers automated dashboards, real-time alerts, and AI smart contract audits, aiming to provide a "verifiable truth layer" for the industry. The current presale price is $0.04064 per token.
The news articles frame this development against a backdrop of bearish sentiment for major altcoins. Cardano (ADA) is described as having a stagnant long-term prediction, with forecasts suggesting a price of only $0.3131 by the end of 2026 and $0.3562 by 2030. Optimism (OP) is noted as severely underperforming, with a 29% weekly decline and an oversold RSI of 23.37. Similarly, Dogecoin (DOGE) faces extreme fear with a Fear & Greed Index score of 7 and a predicted year-end 2026 price of $0.1228, while Arbitrum (ARB) is also in oversold territory with a bearish outlook.
The narrative strongly promotes DeepSnitch AI as a superior investment alternative, suggesting potential for 100x to 250x returns compared to the fractional gains projected for the mentioned established altcoins.
