DeepSnitch AI Raised Nearly $1M as 100X Narrative Grows While US Lawmakers Push for Stablecoin Tax Relief

DeepSnitch AI Raised Nearly $1M as Investors Tap Into 100X Narrative, US Lawmakers Call for Tax Break on Stablecoin Transfers

US lawmakers have submitted a proposal for tax exemption on stablecoin transactions below $200. The news comes as DeepSnitch AI https://deepsnitch.ai raised nearly $1M in its ongoing presale.

The amount raised has increased to over $880K, which means investors are not pulling the brakes any time soon. News of DeepSnitch AI's January launch and a potential 100X rally has spread across the market.

Smart investors who want to get the highest returns are capitalizing on the 50% and 100% bonuses to get more coins for their money and then staking them to earn more ROI.

US lawmakers ask for a tax break on stablecoin transactions

US lawmakers have proposed https://cointelegraph.com/news/us-lawmakers-stablecoin-tax-break-staking-rewards a tax break aimed at reducing the burden on everyday crypto users by exempting small stablecoin payments from capital gain taxes. The draft, introduced by Representatives Max Miller and Steven Horsford, would exclude stablecoin transactions of up to $200 from gain or loss reporting.

It also includes a multi-year deferral option for staking and mining rewards. To prevent cases of abuse, the exemption would apply only to regulated, USD-pegged stablecoins. It would exclude brokers and dealers, with oversight retained by the US Treasury.

DeepSnitch AI raised nearly $1m, can it outshine Ethereum and Pudgy Penguins?

1. DeepSnitch AI funding update shows high demand from investors
The latest DeepSnitch AI funding update shows that the project is edging closer to the $1M mark. DeepSnitch AI has raised over $880K, with the price of the DSNT coin soaring to $0.02961.

Investors who joined the early stage of the DeepSnitch AI presale have recorded over 94% returns on their investment. This DSNT presale milestone reflects rising confidence in the project's fundamentals.

DeepSnitch AI is an intelligence-driven protocol that gives you clarity. The platform uses AI agents and on-chain data analysis with natural language processing to monitor wallet activity, whale movements, and social trends in real time.

Through a live dashboard, users can identify early market shifts and position ahead of major moves to get the highest ROI. Three of the five snitches are currently live, and presale buyers can have a little experience of the platform before the launch.

As the DeepSnitch AI https://deepsnitch.ai raised nearly $1M, discussions have gained momentum, savvy investors believe it could be the next 100X crypto gem, and are doubling down on their investment.

https://www.youtube.com/watch?v=djEyt7U_1rY

2. Ethereum price consolidates
The Ethereum price has been consolidating just below the $3,000 region after a recovery from the $2,800 support region. On December 22nd, ETH was trading https://www.coingecko.com/en/coins/ethereum at $2,990. It failed to surpass the resistance around $2,900.

Moreover, ETH ETFs saw outflows last week, December 15-19th. Ethereum needs more buying pressure and high trading volume to break past this resistance level. In the meantime, technical analysis shows that the Ethereum coin price is under bearish sentiment.

The RSI has to surpass 50 to signal a bullish shift. CoinCodex forecasts https://coincodex.com/crypto/ethereum/price-prediction/ the Ethereum price could rally to $4,913 by February 2026, but this would depend on market sentiment.

3. Pudgy Penguins continues bearish movement
The Pudgy Penguins' price trajectory has been bearish since December 9th. Market data shows the Pengu coin was priced https://www.coingecko.com/en/coins/pudgy-penguins at $0.00903 on December 22nd with a loss of 14.8% on the weekly chart.

For bulls to regain control, they must soar past the 50-SMA ($0.01256). Meanwhile, if selling pressure increases, the Pengu coin price might fall to $0.008500. On the other hand, CoinCodex predicts https://coincodex.com/crypto/pudgy-penguins/price-prediction/ that the Pengu price might climb to $0.01897 by September 2026.

Final verdict

Although Ethereum and Pudgy Penguins could record gains in the coming weeks, DSNT could give more returns on investment due to its low market cap, as DeepSnitch AI raised nearly $1M. Such potential makes it the best crypto investment right now.

Moreover, DeepSnitch AI has a dynamic staking option where APR increases as more coins are staked. To get the best returns, you can buy your coins during these bonus offers and stake them.

To get a 50% discount, use the code DSNTVIP50 for purchases above $2,000. Use the code DSNTVIP100 for purchases above $5,000 to get a 100% bonus. Bonuses end on January 1. So, you might need to act fast.

For More Information:

DeepSnitch AI Official Website (https://deepsnitch.ai)
Join DeepSnitch AI Telegram Channel (https://t.me/DeepSnitch_AI)
Follow DeepSnitch AI on X (Formerly Twitter) (https://x.com/DeepSnitch_AI)

FAQs

1. Is DeepSnitch AI still an early investment option?
Although DeepSnitch AI raised nearly $1m, the project is still in stage 3 of its presale and is priced at just $0.02961. Investors can still get in now for a potential 100X ROI after the rumored January launch.

2. What is driving the latest DSNT presale milestone?
DeepSnitch AI has raised nearly $1M, making the headlines as $DSNT price is being driven by strong demand for its real-time AI trading tools, utility, and a potential 100X ROI.

3. What is the best coin to invest in for a 100X ROI in 2026?
With a DeepSnitch AI funding update of about $1M raised so far and clear utility, many investors see DeepSnitch AI as one of the strongest presale candidates for a potential 100X rally in 2026.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are highly volatile and involve significant risk, including the potential loss of principal. Always perform your own due diligence or consult a licensed financial advisor before making investment decisions.

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This release was published on openPR.