CME Group is increasing its exposure to altcoins as demand for regulated cryptocurrency products experiences a resurgence. In addition to existing futures contracts for XLM and LINK, CME Group will also list futures contracts for ADA, which could positively impact the Cardano price prediction. However, early-stage presales are gaining significant popularity as traders increasingly seek out opportunities for more substantial gains beyond major cryptocurrencies.
For instance, the DeepSnitch AI presale is attracting considerable attention from both small and large traders, having already raised $1.20 million. Traders anticipate potential 100x gains following the project's listing, which is scheduled for late January.
Expansion of Altcoin Futures
On January 15, CME Group revealed its plans to list additional futures contracts tied to altcoins, specifically ADA, LINK, and XLM. These listings are slated for February, and if approved, they will significantly broaden CME's derivatives offerings.
CME Group and Nasdaq Stock Exchange recently unified their crypto indexes, rebranding them as the Nasdaq-CME Crypto Index. This move represents a broader trend of expanding crypto assets within traditional investors' portfolios, with new altcoin-linked futures solidifying institutional demand.
The market is anticipated to recover, and the new ADA futures listing could provide a significant boost to the Solana price prediction.
Best Affordable Altcoins in January
DeepSnitch AI: A Promising Alternative to Major Altcoins?
The Cardano price prediction suggests bullish potential, a prospect that has generated excitement among some traders, particularly as ADA remains one of the more affordable large-cap assets. However, ADA's performance has been relatively subdued for years, especially when compared to newer tokens like DeepSnitch AI.
The project has already secured approximately $1.2 million in its presale, offers an accessible entry point at $0.03469, and is scheduled to launch in late January. Beyond speculative appeal, DeepSnitch AI delivers immediate post-launch utility powered by five AI agents. These agents scan for breakout setups and actively flag risks such as rug pulls, honeypots, and liquidity traps.
The platform features a user-friendly interface that utilizes a large language model, allowing users to paste any contract address for instant risk insights or sentiment analysis. With its launch approaching and community engagement accelerating, DSNT is increasingly viewed as a fresh, AI-driven option for traders looking beyond large-cap cryptocurrencies. Coupled with ongoing predictions of 100x gains and expectations of another pre-launch update, DeepSnitch AI could be a prime choice for those seeking early-entry opportunities.
Cardano Price Prediction: Can ADA Network Growth Support a Significant Rally?
According to CoinMarketCap, ADA fell below $0.40 on January 15, settling around the $0.39 area. While immediate performance may lack momentum, upcoming updates to the Cardano ecosystem could provide more support for buyers. For example, recent Cardano adoption news highlights Google launching a stake pool on testnet and suggests new announcements regarding critical integrations.
Regarding the Cardano price prediction, ADA needs to overcome the $0.44 resistance level to establish a more confident rally towards $0.50. The current momentum, combined with the buzz surrounding Cardano ecosystem updates, could potentially extend the price movement to as high as $0.60. Conversely, if sellers exert downward pressure, ADA could retreat towards the $0.33 area.
Chainlink Price Prediction: Can LINK Recover?
LINK dipped to the $13.5 zone on January 15, following several days of disappointing price action, according to CoinMarketCap. To reverse this trend, buyers must target the $15 level. If LINK manages to break above this zone, momentum could accelerate, potentially pushing the price towards $17.50.
However, sellers are expected to defend the $15 level aggressively. If the price is rejected at this point and falls back below support, Chainlink may remain within a broader consolidation range, fluctuating between approximately $11.60 and $15, until new buying interest emerges.
Final Thoughts: Seize the Opportunity
While the Cardano price prediction indicates a potential reversal, ADA has historically exhibited slower growth, even during bull markets. Therefore, if the objective is to achieve asymmetric upside potential, ADA might not be the most suitable option.
DeepSnitch AI is not only affordably priced at $0.03469 but its late-January launch position allows it to capitalize on peak market hype. With its utility features ready for deployment, traders can participate in a presale with 100x potential and gain access to tools that can be actively used in their daily trading activities.
Only a few days remain in the DeepSnitch AI presale. For the latest updates, interested parties can check out X or Telegram.
FAQs
1. What is the current Cardano price prediction after CME futures news?
The Cardano price prediction has turned cautiously optimistic following CME's announcement of ADA futures, although momentum remains subdued unless ADA reclaims key resistance near the $0.44 level.
2. Can the Cardano price prediction improve with network adoption updates?
Yes, the Cardano price prediction could see improvement if ecosystem growth accelerates. However, ADA has historically underperformed in comparison to newer, higher-momentum early-stage projects.
3. How does DeepSnitch AI compare to Cardano in terms of potential gains?
While Cardano is a large-cap, slower-moving cryptocurrency, DeepSnitch AI's presale and AI tools offer early-entry upside potential, possibly leading to significantly higher returns for retail traders.