Coinbase Survey Reveals Institutional Confidence in Bitcoin as Undervalued; AI Crypto Presale Gains Momentum
Despite Bitcoin's recent 30% decline from its all-time high, institutional confidence remains unshaken. A recent Coinbase survey indicates that a significant majority of institutional investors view bitcoin as undervalued at its current price of around $87,727, suggesting a strong potential for accumulation at these levels. This sentiment is further reinforced by cryptic social media activity from notable figures like Michael Saylor, hinting at continued strategic acquisitions by entities like MicroStrategy. Concurrently, the altcoin market is buzzing with activity, particularly around the AI-focused cryptocurrency DeepSnitch AI (DSNT), which is gaining substantial traction through its ongoing presale. This dual narrative of steadfast institutional belief in Bitcoin's long-term value and the rising interest in innovative AI-driven crypto projects paints a picture of a maturing market where traditional finance principles meet cutting-edge technological adoption. The current market dip is thus perceived not as a sign of weakness but as a strategic buying opportunity by seasoned investors, setting the stage for the next phase of growth in the digital asset ecosystem.
Institutional Buyers See Bitcoin as Undervalued Amid Market Dip; AI Crypto Presale Gains Traction
Bitcoin's 30% decline from its all-time high hasn't shaken institutional confidence. A Coinbase survey reveals 71% of institutional investors view BTC as undervalued at $87,727, signaling potential accumulation at current levels. Michael Saylor's cryptic "Unstoppable Orange" tweet hints at MicroStrategy's continued buying spree.
Meanwhile, DeepSnitch AI (DSNT) dominates altcoin chatter with its 144% presale surge, raising $1.35 million at $0.03681 per token. The AI project's parabolic rise triggers FOMO among retail investors, though skeptics question its legitimacy amid the HYPE cycle.
Coinbase CEO Predicts Ubiquitous Blockchain Adoption Even Among Crypto Skeptics
Brian Armstrong, CEO of Coinbase, asserts that blockchain technology will soon permeate daily life as invisibly as internet protocols do today. The infrastructure will become so seamless that even critics will unknowingly use it for routine financial activities.
Developers are aggressively improving scalability, usability, and security—focusing particularly on payment systems and identity layers. Regulatory progress like MiCA in the EU provides tailwinds for this quiet revolution.
"People won't need to understand the plumbing," Armstrong noted, comparing blockchain's trajectory to TCP/IP's silent ubiquity. Market observers highlight parallels with other technologies that became essential yet invisible, from electricity grids to cloud computing protocols.