The top Japanese banks plan to leverage MUFG’s Progmat platform to launch the first yen-pegged stablecoin. This planned effort to simplify payments and corporate settlements is happening amidst wider stablecoin proliferation, with many traders believing the results to be a bullish signal.
Meanwhile, BlackRock fully redesigns its flagship money market fund to adhere to new US stablecoin standards. The fund will help manage reserves for companies through stablecoins, with the primary goal of providing a safe place to keep customer funds.
While stablecoins continue growing, Dogecoin price prediction leans bullish, with many anticipating the coin to surge past $0.20. However, as the meme coin market struggles to gain momentum, presales are becoming a critical target for whales looking to diversify their portfolios.
Priced at $0.01915, DeepSnitch AI raised $435K in its second stage and is showing signs of an imminent snowball as whales eye the project, readying to start a massive rotation.
What’s next for stablecoins?
According to a Nikkei report from October 17, multiple Japanese banks, including Mizuho Bank and Mitsubishi UFJ Financial Group, are planning on launching a Yen-based stablecoin created on the Progmat platform.
The end goal is modernizing corporate settlements and keeping transaction costs under control.
Serving over $300K business clients, the participating banks will standardize the token, making it interoperable between different companies. The first implementation will occur within Mitsubishi Corp.
Since the bank in question has more than 240 international subsidiaries, the stablecoin is expected to streamline transfers on all operations while reducing administrative costs and fees.
Stablecoins are quickly becoming one of the most important digital assets, which is a sentiment confirmed by the recent BlackRock Select Treasury Liquidity Fund rebrand. While this is a sound business move, it will also allow the money market fund to stay compliant with updated US stablecoin rules under the GENIUS Act.
The updates include extended trading hours and a revamp of the fund’s expenses and fees.
Since BlackRock’s stablecoin interest in reserve management for stablecoins presents a sizable push into the market, investors quickly recognized the bullish signal, planning to expand their holdings in anticipation of a sizable Q4 rally.
Best coins to buy in 2025
DeepSnitch AI: The winning fusion of AI utility and meme culture
Both the meme and crypto AI sectors are set up for an explosion in Q4 and beyond. DeepSnitch AI, due to its combination of utility and meme culture, captured the hype and raised over $435K in stage 2 alone.
Catering to small and large retail traders, DeepSnitch AI is developing a sophisticated AI suite that provides actionable, accurate trading insights. The suite relies on five autonomous AI agents programmed to scrape raw on-chain data and translate it into readable information in a centralized dashboard.
Traders will be able to use the solution to discover sentiment shifts, find alpha news, breakout coins, and track whale wallets. DeepSnitch AI also promises to keep users safe by providing an accurate way to perform risk scans and receive warnings of imminent rug pulls.
Apart from attracting AI aficionados, the project has usability that could attract the regular investor. Not only that, but DeepSnitch AI is also meme-worthy in both presentation and buzz. Since 30% of the supply is allocated to marketing (common with meme coins), the project can realistically reach a viral status in the crypto community.
The strong fundamentals and its position as the convergence between multiple sectors may push the native DSNT token to 100x once the presale ends.
In short, investing at the current $0.01915 price could turn a small investment such as $1K, into $100K.
It’s worth pointing out that the 100x projection is conservative, considering that AI coins like NEAR and RNDR grew by a factor of as much as 1000% over time.
The demand for DeepSnitch AI is reaching a boiling point, so you can expect the price to increase sharply once whales start rotating into this high-potential presale.
Dogecoin price prediction: Is DOGE close to breaking out?
Dogecoin fell below the critical $0.20 level, trading at $0.18 on October 17, according to CoinMarketCap.
Analysts pointed out that DOGE continuously tested the $0.20 resistance but lacked momentum to push through. If the breakthrough happens and bulls flip the resistance, DOGE has an open line to $0.27.
In the bullish DOGE future outlook, the coin could eventually surge toward $0.30.
However, the RSI is lukewarm, so DOGE could also turn down, especially when combined with the overall bearish market. If bears take full control, DOGE may dip toward $0.17, or even deeper.
While the Dogecoin forecast 2025 is turning bullish, the slew of ETF approvals, as well as FED rate cuts at the end of October, could provide DOGE and other coins the momentum they need to break out of their ruts.
XRP price prediction: A new ATH for XRP?
XRP traded in the $2.30 area on October 17, according to CoinMarketCap data.
Although XRP struggled to make a determined rally for the majority of the year, analysts believe that October might break the bearish trend.
At press time, XRP was stuck in an ascending triangle, with a double bottom forming on the $2.30 trendline. In general, this could indicate that a reversal might happen.
If XRP breaks out above $3 and flips it into support, $3.40 is the next reasonable target. Ultimately, if XRP bulls achieve this feat and close above this level, XRP might eventually reach $8 as the year approaches.
Although the price movement of XRP is ultimately at the mercy of the market, Ripple recently announced a $1B acquisition of the treasury payment company GTreasury. This would expose XRP to a $120T market, and ultimately help infuse XRP with the well-needed momentum to set a new ATH.
Final words
As institutions expand their stablecoin offering, retail investors are focusing on the Dogecoin price prediction, hoping to make sizable gains on the still cheap meme coin.
Yet, despite staying resilient through the most volatile weeks of October, Dogecoin’s upside may be limited due to the coin’s large supply and market cap.
Smart traders are aware of this fact and are shifting their attention to DeepSnitch AI and other presales that demonstrate strong fundamentals at affordable entry points.
With $435K raised, the hype in the DeepSnitch AI community is at an all-time high as investors expect the presale to pick up at a blistering pace, building up the momentum for a 100x post-launch pump.
Join the DeepSnitch AI presale and reserve the most bullish bag in Q4.
FAQs
What is the current Dogecoin price prediction for 2025?
Analysts expect Dogecoin to test the $0.20 resistance soon. If bulls manage to flip it into support, DOGE could target $0.27 or even $0.30 in the coming months.
How do stablecoin developments affect Dogecoin’s price outlook?
Recent moves by Japanese banks and BlackRock to expand stablecoin usage signal growing institutional trust in crypto. This overall bullish sentiment can spill over into meme coins like Dogecoin and drive buying momentum.
Why are traders shifting focus to DeepSnitch AI?
As major coins suffer from a lack of momentum, traders are turning to DeepSnitch AI due to the AI-powered analytics presale that raised over $435K in Stage 2, and the powerful 100x upside potential.
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