Solana Price Prediction: SOL Trading Volumes Soar, As Dogwifhat Shows A Decline, Holding Cutoshi Provides A Good Hedge

Solana (SOL) investors are back in business with massive stakings, even though Dogwifhat (WIF) seems to be lagging a little. The new coin Cutoshi (CUTO) is in its element, with over $700,000 raised in its presale.

Solana Price Set For Long-Term Bullish Trends

The election results came in officially on November 7th, and Trump’s win has sparked tokens like Solana (SOL) to uptrends. Only hours after the election results, the SOL price recorded $195, only some dollars shy of the $200 target.

Apart from the hype around the election, Solana (SOL) is doing the numbers thanks to the native meme coin demand and the latest injection from the investors. There’s been a total of $1.3 billion in staking deposits this month, another sign of bullishness on Solana (SOL).

Source: CoinMarketCap

The SOL price is also expected to keep the uptrends for extended periods, as most of the investors are not interested in short-term returns. The yearly high for Solana’s price is less than 5% away; maybe the momentum can drive Solana price closer to ATH?

Dogwifhat Price Struggles, Can It Bounce Back ?

The WIF token has dipped considerably since the US elections, despite a forecast of positive crypto growth. Sure, the cryptoverse has grown; only, it’s left Dogwifhat (WIF) behind.

Crypto traders are optimistic for a spike in the WIF price soon, although differing opinions are all over Twitter from various analysts. Some believe the WIF token is bound for $10 on its next surge, while others think the WIF price would take another dip once it touches the $3 mark.

Source: CoinMarketCap

Dogwifhat (WIF) is inadvertently tied to Solana, so progress on Solana means spikes on the meme coin. Robinhood recently announced the commencement of WIF token trading, and it’s all to see how far Dogwifhat (WIF) will go in the coming weeks.

Earn While You Play: CUTO Farming And Rewards

Cutoshi (CUTO) is on the path to compete with the best meme coins like SHIB and DOGE. Since driving demand is essential to staying in business, Cutoshi has a host of features that users will be interested in.

The Cutoshi project embraces the Defi ideals of Satoshi Nakamoto by promoting decentralization and bringing Defi features to the meme coin industry with its DEX. Through the Cutoshi DEX, users will be able to transact digital assets across different networks without limitations or hassles.

CUTO farming is one way to earn from Cutoshi while simply performing tasks. Your farming starts by performing the updated tasks on your portal and collecting points as rewards. You get to redeem your points, converting them to CUTO tokens you can cash in later. The Token Farming is live already, and more than 1300 people have hopped on in just 2 days.

Further, by adopting a mascot of the Lucky Cat, Cutoshi aims to bring good fortunes and fun to crypto traders, and the journey has begun with the CUTO presale.

Investors HODL Tight As CUTO Shows Promise

While top altcoins like Solana are reacting positively to the US election excitement, Dogwifhat is struggling to shake off bearish downtrends. However, Cutoshi is becoming one of the most sought-after tokens in the market at the moment.

For more information on the Cutoshi (CUTO) Presale:

https://cutoshi.com/

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