The Franco-German banking group ODDO BHF has officially launched a new stablecoin pegged to the euro. The move is compliant with the European Union’s MiCA regulation. It represents a step by a financial institution moving into crypto.
This continued entry of established financial firms into crypto provides a new context for the Shiba Inu price prediction. Also, the market could benefit. Nevertheless, investors are intensifying their search for the next crypto to explode. DeepSnitch AI is an excellent project with high potential, with many expecting a $50k profit after listings.
Franco-German bank ODDO BHF enters the stablecoin market
Banking group ODDO BHF confirmed the launch of its euro-backed stablecoin, named EUROD. The bank will act as the issuer of the token. On the other hand, Flowdesk will provide liquidity for the asset. The digital asset security firm Fireblocks will supply the underlying tokenization infrastructure.
So, the entire framework is designed to operate under MiCA regulation. Guy de Leusse, the deputy chief operating officer at ODDO BHF, explained the strategic importance of the launch. He stated that the group felt it was important to provide their customers with a European solution denominated in euros. The goal was to create an alternative to stablecoins denominated in US dollars.
Stablecoins are digital tokens pegged to traditional currencies, and the market has long been dominated by dollar-backed assets. The new token will initially be listed on the Spanish-based crypto exchange Bit2Me, providing an early point of access for traders.
ODDO BHF is a privately owned European financial group with a long history. It was formed in 2016 through the merger of France’s ODDO bank, founded in 1849, and Germany’s BHF-BANK, founded in 1854. According to the bank, it maintains operations across France, Tunisia, Germany, and Switzerland.
Top token to keep an eye on: DeepSnitch AI’s 50x opportunity, the starting point
DeepSnitch AI: The potential $50,000 portfolio booster
DeepSnitch AI is where the search for the next crypto to explode is leading many investors. The project is currently in its presale, offering a cheap entry point. It’s a project with a clear, calculated path to big returns. A $1,000 investment today could become $50,000.
The project provides a utility contrast to many AI coins that focus on complex infrastructure. DeepSnitch AI is being built to deliver tools that traders can use right now. Its upcoming SnitchFeed feature will be an intelligence dashboard designed to track data and market sentiment. This increases its appeal far beyond speculators to the entire community of active traders. Those who want to make massive returns can benefit. The same applies to those who wish to use its AI agents.
The project is also perfectly positioned for two narratives. First, it’s part of an AI market, a sector that remains undervalued. However, this sector is expected to grow 25 times by 2033. Second, it will integrate into Telegram’s user base of over 1 billion users. Coinsult and SolidProof have audited the project’s smart contracts to find any security vulnerabilities. There is none.
A $50,000 return from a $1,000 investment is possible. That means the token will increase by 50x. At the presale price of $0.01915, the DSNT token would only need to reach around $1 after its exchange listings. That target is very realistic for a project like DeepSnitch AI. Many expect this to be the starting point of its rally after listing.
The Shiba Inu price prediction
Market conditions currently challenge the SHIB forecast. The token has underperformed the crypto market over the last month, after a big price decline. Sentiment among traders is bearish. Also, there’s a cautious mood among market participants, with the Fear and Greed Index at Fear.
From a technical perspective, Shiba Inu is trading below its moving averages. This is often interpreted as a bearish signal. The RSI is in neutral territory, suggesting that the selling pressure may be stabilizing. However, there is no clear sign of a reversal yet. The Shiba Inu price 2025 prediction indicates a potential for a rise, but the short-term outlook remains weak.
NEAR Protocol market update
NEAR Protocol is facing a similar set of challenges. The token has also underperformed the market recently. It has a price decline even worse than Shiba Inu’s. The market sentiment is bearish, indicating a lack of confidence.
The technical outlook for NEAR is consistent with this sentiment. The price is currently trading below its moving averages, and the RSI is in neutral territory. Hence, the price prediction for November suggests a potential 13% increase.
But like Shiba Inu, its short-term analysis is dictated by the current bearish market structure. It remains a solid project, although DeepSnitch AI has a better opportunity.
The bottom line
Recent entry of institutions like ODDO BHF is a sign that the market is maturing. DeepSnitch AI presents a clear opportunity to be the next big crypto. It has the hype and utility, two things that more projects struggle to integrate.
Moreover, the math shows that a 50x return is possible. The presale offers a limited time to get in at the very beginning, before the project’s utility is widely recognized. This is the time to get in before the next major market cycle begins.
Visit the official DeepSnitch AI presale website and explore the details.
FAQs
What is the current SHIB coin prediction?
The SHIB coin forecast is mixed. Price predictions suggest a potential increase by November, but the short-term technical indicators are bearish.
How will the DeepSnitch AI SnitchFeed feature work?
SnitchFeed will be an intelligence dashboard. It will provide alerts on market sentiments, unusual trading activity, and potential whale movements.
What does the SHIB forecast look like long-term?
The long-term SHIB forecast depends on how much Shiba Inu improves in utility. Also, the hype has reduced.
Disclaimer: This media platform provides the content of this article on an "as-is" basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.
This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
