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Cryptocurrency News Articles

Cutoshi (CUTO) Garners Presale Momentum As It Set To Break Into Mainstream DeFi Service Delivery

Oct 30, 2024 at 04:21 pm

Cutoshi (CUTO) is setting up to be one of the biggest crypto projects in the crypto industry as it continues to surge with presale momentum.

Cutoshi (CUTO) Garners Presale Momentum As It Set To Break Into Mainstream DeFi Service Delivery

Cryptocurrency investors are faced with a vast array of options when it comes to choosing the next promising digital asset to add to their portfolio. With so many tokens vying for attention, it can be challenging to identify those that are truly poised for substantial gains.

To help investors navigate this landscape, we've compiled a list of three tokens that have recently garnered significant attention in the crypto market: Kaspa (KAS), Neiro Ethereum (NEIRO), and Cutoshi (CUTO). These tokens have been making waves for different reasons, and we'll delve into their unique value propositions and market performance.

Cutoshi (CUTO) Garners Presale Momentum As It Set To Break Into Mainstream DeFi Service Delivery

Cutoshi (CUTO) is a meme coin that has managed to integrate several valuable use cases into its ecosystem, setting it apart from other meme projects with zero utility. This project is notably garnering attention in the crypto industry with its presale momentum.

For a few weeks now, Cutoshi has been making waves with its presale, and investors have been showing a lot of interest in this project. As it continues to surge with presale momentum, Cutoshi is setting up to be one of the biggest crypto projects in the crypto industry.

To put things into perspective, Cutoshi kicked off its presale a few weeks ago, and during this time, the token has already recorded over 45% value growth. Also, the presale has seen over $600,000 raised so far.

Arguably the hottest project on the blockchain, Cutoshi's selling point is its ecosystem, which comprises several valuable tools and features. Some of these include a secured multi-chain DEX exchange platform which allows for seamless swapping of assets on-chain, Cutoshi Farming, which rewards community members for participating in quests, events, raids, and more.

There is also an educational platform where users can enhance their knowledge of the DeFi and crypto market. These utilities set Cutoshi apart from other meme projects with zero use cases. So far, Cutoshi has been listed on CoinMarketCap, with an imminent CoinGecko listing on the horizon. Its surging potential is not in question, making it a good crypto project to invest in.

Given that Cutoshi has a limited 440M total supply, investors have limited opportunity to invest in the project before the price skyrockets. At $0.022, investors can buy CUTO and position themselves for future gains.

Kaspa's Month-long Downtrend Creates A Possible Buy Zone For Investors

Over the past 12 months, Kaspa's price has seen over 138% growth in value, as per stats. The token’s market cap has also grown from $1.1 billion to over $3.2 billion within that time frame. However, within the last month, Kaspa's price has declined by 28%, prompting a significant bearish frenzy among investors.

A glance at the Kaspa price chart reveals that the token has been on a downtrend for over a month now. This has caused a lot of concern among investors, as many are wondering if this bearish trend will continue or if the token will eventually rally.

But an interesting observation can be made when overlaying the Kaspa price chart from April/May. This price precedent could foreshadow a bullish momentum in Q4 if Kaspa can maintain support above the $0.1 price mark in spite of the sloppy bearish trend.

Notably, the growing volume of transactions on the Kaspa network, which saw over 15.79 million transactions on October 22nd, could serve as a significant trigger toward a bullish momentum for the Kaspa token. Having analyzed the Kaspa price chart, cryptOG, an expert on X sets his next Kapa price target at $0.51.

Source: CryptOG on X

Crypto Analysts Are Bullish On Neiro Ethereum (NEIRO) Growth Potential

Since its launch last July, NEIRO has recorded over 670% growth in price value, as per CoinMarketCap data. As it looks to firmly establish support above the $0.1 threshold, the Neiro token has been tipped to intensify its bullish momentum in the coming weeks.

Notable crypto analysts like Sjuul on the X platform have backed Neiro to go on a bullish breakout after pointing out that the token has overcome its downward decline. The growing momentum of Neiro's trading volume, which displays an average of 80% day-to-day growth over the last week, has set the token on a visible path toward an extended uptrend in Q4.

Source: Sjuul on X

The Neiro technical analysis from Tradingview shows the meme coin is trading above the 50-day SMA. The market sentiment is bullish, with the fear and greed index at

News source:themerkle.com

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