Major Crypto Investors Liquidating To Increase Cutoshi (CUTO) Holdings This October: ETH And SOL Seen Struggling In The Market
Meanwhile, Ethereum (ETH) and Solana (SOL) are having a slow market trajectory. However, given the popularity and use case of the two projects, experts are predicting a significant uptrend. Find out how.
As Q4 gets underway, more investors are positioning themselves for gains the best way they can. In a move for significant ROI in the future, major crypto investors are channeling more of their investment into one of the hottest meme coins, Cutoshi (CUTO).
Cutoshi (CUTO): Hottest Ethereum-Based Meme Coins In Presale
Cutoshi (CUTO) is presenting a golden opportunity for investors to join one of the biggest potentials to come out of the Ethereum blockchain in a long while. As a meme coin project, Cutoshi is grounded in the teachings of Satoshi Nakamoto while serving as a DeFi ecosystem for the community.
Drawing inspiration from the Chinese lucky cat, Cutoshi can also be described as the luckiest meme coin that can bring luck to investors’ overall digital assets. The project ecosystem is seen as the best in the DeFi market, with features and tools such as a multichain DEX exchange for seamless cross-chain asset swapping, farming protocol, NFT merchandise and an academy to learn more about DeFi and cryptocurrencies.
Given Cutoshi’s strong utility and use case, experts project over 800x growth in value before launch. As such, investors may want to buy the token now that it is still in its first stage of presale at $0.015. With the sky-high growth potential of the CUTO token, investors who buy now can ride the uptrend for one of the biggest ROIs in meme coin history.
With its deflationary mechanism and the 440M total supply, token scarcity is likely in the coming months. As such, investors have limited time to accumulate it before its listing in exchanges such as Uniswap.
Vote Of Confidence For Ethereum (ETH) As VISA Launch Tokenized Asset On Network
There has been rumored skepticism that Ethereum’s influence may be on the decline. However, recent developments have shown that Ethereum still retains the trust of big financial institutions like Visa and the Spanish bank, BBA.
In a recent development, a top card payment organization, Visa has announced its partnership with Spanish bank BBA to launch tokenized digital assets on the Ethereum blockchain. The project aims to integrate existing fiat currency into blockchain through Visa Tokenized Asset Platform (VTAP).
This development is a big win for the Ethereum network and native token. It is also likely to trigger a rally for the ETH token which has declined by over 10% within the past 7 days, as per CoinMarketCap. It could also be the catalyst for Ethereum’s Q4 bullish momentum.
Solana (SOL) Hopeful For A Rebound Amid Declining Price Trend
The recent price trajectory of the Solana token has shown a negative movement. As per CoinMarketCap, Solana’s price has lost about 7% in the past week. Also, Solana’s trading volume has lost over 15% in the average market activity over the past week.
All these point toward a potential extended bear trend. However, a zoom out in the price chart shows that Solana has gained over 525% within the past year and a 7% gain in the past month. These stats suggest that Solana is barely undergoing a price retracement with a potential for stringer return.
Backing this claim is Ambcrypto. In their Solana price prediction for 2024, experts in the platform project the SOL price to hit $190 in Q4. Looking at the technical analysis from Tradingview, Solana could retest the $160 mark soon, a catalyst that could trigger an extended rally.
Best Coin To Invest Among Solana, Ethereum, And Cutoshi?
In terms of untapped potential, Cutoshi edges both Solana and Ethereum given that CUTO is still in presale and yet to showcase its rise. As such, buying Cutoshi will position investors for significant high-percentage growth and yield gains.
For more information on the Cutoshi (CUTO) Presale:
Join and become a community member:
https://twitter.com/CutoshiToken
https://t.me/cutoshi
This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.
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