Anchorage Digital, the first federally chartered bank, is eyeing a potential IPO, intending to raise significant capital that could help the company grow its stablecoin expansion.
Meanwhile, traders in the trenches are exploring the best altcoins to buy to capitalize on the expected late January pump.
XRP and ADA remain solid choices, but there’s still a possibility that they’ll trade sideways. This is why DeepSnitch AI has logged solid results recently after a mass of traders rushed in to reserve the DSNT token.
Raising over $1.2M, DeepSnitch AI is positioned for massive growth after its 100x launch, strengthened by the AI utility that simplifies DYOR and predicts market movements.
Anchorage’s IPO progress
According to Bloomberg, Anchorage Digital is looking to raise $200M to $400M, while also gearing up for an IPO in 2026.
Anchorage Digital Bank National Association became the first federally-chartered bank in 2021, which provides it a significant market edge in stablecoin services.
According to the Anchorage CEO, the plan is to double the company’s crypto team in 2026 to position the company to lead the digital dollar revolution.
Yet, Anchorage is not the only crypto-centric company preparing for an IPO. BitGo filed the paperwork to list on the New York Stock Exchange as far back in September, with Kraken joining the IPO by making its filing in November.
With crypto companies looking to go public, retail traders are more interested in enriching their portfolios with the next prospective runner. As such, they’re focused on the best altcoins to buy to meet this goal in January.
Undervalued altcoins in 2026
DeepSnitch AI: One of the leading high-upside projects in January?
Not all traders want (or have the resources) to invest thousands in a major coin and wait for a 2-3% price increase to turn a profit. While there are plenty of undervalued altcoins to choose from as an alternative, not all of them have the support and the momentum to provide a substantial upside.
Enter DeepSnitch AI, one of the promising altcoins of the season that’s still in presale until late January.
The traction is serious as the project already raised $1.22M, with the affordable entry at $0.03538 that provides it plenty of room to grow.
So, what’s driving DeepSnitch AI’s success?
In short, its utility is the star of the show. DeepSnitch AI is powered by five AI agents trained to simplify day-to-day trading decisions. The LLM-style interface allows you to simply paste the CA and receive an instant assessment of the token behavior (the platform can flag risks like rugs and honeypots) and real-time sentiment analysis that can warn you if the sentiment is close to flipping or the FUD is building.
Because it has mass adoption potential, the community expects the DSNT token to go 100x after launch.
Overall, DeepSnitch AI may be one of the best altcoins to buy now, considering its fundamentals and the amount of buzz that the project is generating.
XRP: Can XRP break out?
According to CoinMarketCap, XRP hovered in the $2.10 area on January 16.
While XRP lacks momentum, with sellers dropping the price at each rally, things could reverse soon. XRP will be a contender for the best crypto to buy now if buyers push the coin above the downtrend line.
The breakout could result in a significant rally to $2.70.
On the other hand, XRP may stay locked in this channel for a few days. If sellers close below the channel support, downside risk will increase, and the XRP could plummet to as low as $1.25.
Cardano: Will ADA reach $0.50 in January?
Cardano recovered from its $0.38 slump and settled above $0.40 on January 16, according to CoinMarketCap.
While the recovery is a solid sign, there’s a strong indication that bears are active at higher levels. If ADA breaks below $0.38, it could spell catastrophe as it could free-fall to $0.33 with a possibility of dipping to $0.27.
Yet, closing above the downtrend line, the momentum will reverse, and ADA might surge toward the $0.50 breakdown level. Despite the selling pressure returning near this zone, Cardano has been referred to as the best crypto buy now, which could inspire new buyers to join in on the action.
Final words: Ape to win
As XRP and ADA are trying to stage comebacks, DeepSnitch AI continues to build momentum for its late January launch.
With $1.22M raised and an entry price of $0.03538, it’s not only one of the top undervalued altcoins, but it’s also on the list of the best altcoins to buy for many traders in the retail sector.
The 100x projections are circulating, and DeepSnitch AI is gearing up for a parabolic run as whales rush in to reserve the affordable price in the presale’s last stretch.
Secure your spot in the DeepSnitch AI presale and look through X or Telegram for real-time updates.
FAQs
What are the best altcoins to buy right now?
Traders are watching DeepSnitch AI, XRP, and ADA, but many favor DSNT for its presale pricing, AI utility, and higher upside potential versus large-cap coins.
Why is DeepSnitch AI gaining attention from traders?
DeepSnitch AI combines low entry pricing, five AI trading agents, real-time risk analysis, and strong presale momentum ahead of its late-January launch.
How does the Anchorage IPO impact crypto markets?
Anchorage’s IPO plans highlight institutional confidence in crypto, encouraging retail traders to rotate into early-stage altcoins with higher growth potential.
This article is not intended as financial advice. Educational purposes only.
Source: https://blockchainreporter.net/best-altcoins-to-buy-traders-rush-to-reserve-deepsnitch-ai-token-ahead-of-its-proposed-100x-launch-sol-and-ada-show-a-lack-of-momentum/
