Trove Markets shakes community trust after announcing the project will use investor pumps to build on Solana, despite raising the funds to stay within the Hyperliquid ecosystem.
Meanwhile, the XRP price prediction turned bearish on January 19. While recovery is likely as buyers buy the dip, volatility is to be expected.
As a result, traders started aping DeepSnitch AI, not only for its presale status but also for the projected 100x gains.
As an AI project raising $1.26M ahead of its late January launch, DeepSnitch AI aims to simplify DYOR, scan crypto scams, and predict sentiment shifts and FUD.
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Is Trove Markets losing community trust?
Trove Markets community is outraged as the team announced it would abandon its plans on building on Hyperliquid and focus on Solana, with the team keeping the majority of the $11.5M raised in the presale.
The decision was revealed days ahead of Trove’s TGE, which led to backlash from participants who bet on the project for its Hyperliquid integration.
To explain the move, one of the builders blamed a liquidity partner who supposedly pulled $500K HYPE, maintaining that pivoting to Solana is the only way to keep the project alive.
Moreover, $9.4M was kept to fund the development, while $2.5M was refunded to investors.
The price of the TROVE token plunged by over 95% after launch, which raised further questions about the team’s transparency.
Meanwhile, the wider market is recovering, with XRP price prediction shifting bearish as the coin fell under $2.
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- DeepSnitch AI: Is DSNT the best alternative to majors?
With XRP shifting sideways and putting the damper on the XRP price prediction, the community is looking for early-stage low-cap tokens.
DeepSnitch AI has already raised around $1.26 million in its presale, and with DSNT priced at $0.03609, it’s potentially an affordable opportunity for asymmetric gains in late January.
The platform that the project is developing is the main focus. Running on five AI agents, DeepSnitch AI promises to help traders identify breakout setups while actively flagging common risks such as rug pulls, honeypots, and liquidity traps.
It also has a zero learning curve with its LLM-based interface that allows users to paste a contract address and receive instant risk assessments or sentiment insights.
With launch approaching and community activity accelerating, DeepSnitch AI is increasingly viewed as a higher-upside alternative for traders invested in the XRP long-term outlook but eyeing early entries.
- XRP price prediction: Will XRP recover?
According to CoinMarketCap, XRP fell below the critical 50-day SMA at $2 on January 19.
The XRP technical analysis indicates that the sentiment is bearish. Depending on the short-term momentum, the price could fall anywhere between $1.60 and the upper support line.
Here is where buyers could step in, helping the price rebound and stopping further downturn. The XRP long-term outlook remains solid due to ETF activity, but the price action will be muted in the short term.
Alternatively, downside will extend deeper if bears push the price below the support line, with a possible drop to $1.25.
What could shift the momentum fast are Ripple ecosystem updates, similar to the recent announcement of a partnership with LMAX for accelerating institutional stablecoin adoption.
- Dogecoin: What’s next for DOGE?
DOGE reclaimed the area above the $0.12 support on January 19, according to CoinMarketCap.
Surprisingly, DOGE may have a better outlook than the action outlined in the XRP price prediction. Bulls are doubling down on pushing the coin further.
While the target is $0.16, the short-term volatility will likely keep DOGE trading in the $0.12-$0.16 range.
If sellers overpower the bulls and DOGE closes below $0.12, there’s a possibility of a drop to $0.10.
Final words: Don’t settle for less
Clocking the latest XRP price prediction isn’t easy, which is why many traders are turning toward early-stage opportunities that may offer outsized returns.
DeepSnitch AI, for instance, provides not only an affordable entry at $0.03609, but the community is confident that a 100x pump after its late January launch is possible. In addition to the utility that could push the project for greatness, supporting the $1.26M presale at this moment is very beneficial.
The coupon codes provide incredible savings: DSNTVIP30 (30% on $2K+), DSNTVIP50 (50% on $5K+), DSNTVIP150 (150% on $10K+), and DSNTVIP300 (300% on $30K+).
Don’t settle for less than 100x and join the DeepSnitch AI presale. Visit X or Telegram for the latest community updates.
FAQs
- What is the current XRP price prediction?
The current XRP price prediction is bearish in the short term after XRP fell below the $2 level. Analysts see potential downside toward $1.60 or lower before buyers attempt a rebound.
- Why are traders choosing DeepSnitch AI instead of XRP?
Many traders are rotating into DeepSnitch AI due to its presale status, lower entry price, and projected 100x upside. The project raised $1.26M and offers AI tools for scam detection, sentiment tracking, and risk analysis.
- How did the Trove Markets controversy impact market sentiment?
The Trove Markets pivot from Hyperliquid to Solana hurt investor confidence after the token collapsed 95% post-launch, pushing traders toward more transparent presales and reinforcing demand for early-stage alternatives.
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