Overview
- Recent coverage reports the presale has raised roughly half a million dollars, with Stage‑2 pricing quoted around $0.0216–$0.022 and described as rapidly selling out.
- Stage‑2 pricing is said to have risen from about $0.0151, leaving early buyers up roughly 42–45% during the current tranche.
- Developer updates promoted in the articles claim two tools—SnitchFeed and SnitchScan—are live, alongside assertions of completed audits and staking, none of which have been independently confirmed in the reporting.
- The presale narrative is framed against a volatile week in crypto that saw Bitcoin dip below $100,000 and an estimated $1.33 billion in leveraged liquidations.
- Regulatory and market context includes Circle’s comments on the U.S. GENIUS Act rollout and Bloomberg-cited reporting that Gemini filed with the CFTC to offer event contracts.