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Cryptocurrency News Articles
Cutoshi: A Must-Have Utility Memecoin on the Ethereum Blockchain
Oct 02, 2024 at 11:00 pm
While other meme coins rely on hype and speculation, Cutoshi (CUTO) has better ideas. Cutoshi knows that only with the addition of utility can it outperform others.
After navigating through some challenging terrain in the crypto market, traders are gearing up to make some gains in October. To achieve this, traders are scanning the market for hidden gems that they can capitalize on right now. According to the popular on-chain market tracker, Lookonchain, Pump.enjoyable, the meme coin generator that operates on the Solana blockchain has made a huge profit dealing in Solana cash in the last few days.
Besides Solana crypto, BlockDag and Cutoshi are top coins that could generate huge revenues this October. Although still in the presale phases, they’ve shown to be good bargains. Continue reading for more details.
Cutoshi: A Must-Have Utility Memecoin on the Ethereum Blockchain
While other meme coins rely on hype and speculation, Cutoshi (CUTO) has better plans. Cutosi understands that only with the addition of utility can it outshine others. Drawing inspiration from the Chinese Lucky Cat, it aims to bring good fortune and preaches financial freedom on the blockchain.
What drives the Cutosi ecosystem is the DEX exchange. This multichain DEX connects multiple blockchains and allows for easy swaps of digital assets at an economical cost. Traders can also utilize the Cutosi yield farming protocol in the ecosystem to stake their tokens and enjoy additional rewards.
Meanwhile, the primary utility token, $CUTO, is available for $0.015 at the stage 1 presale. This project is ideal for traders who wish to be a part of a project that will stand the test of time. Analysts are comparing its price trajectory to that of Pepe's early stage. As such, they anticipate a 200% rally before December, making now the best time to join this project.
BlockDag Offers 1800% ROI
BlockDag (BDAG) has emerged as a rising star in the crypto market, which may be attributed to its lofty innovation and this crypto’s recent success in presale.
BlockDag has raised $77M after a few months of unveiling the presale. This is the beginning of more to come as more traders are looking to purchase more BDAG tokens before the BlockDag listing takes place. With the introduction of a 50% bonus on all purchases, interest is set to skyrocket in the next few days.
Moreover, the BlockDag price is now $0.0192 from an initial price of $0.001, which means early adopters have realized 1800% gains. With more features set to be added soon, experts see BlockDag becoming a market leader in no time.
Analyst: Solana’s Potential ATH Hinges on Breaking Weekly Resistance
Solana (SOL), one of the top cryptocurrencies, has seen a fluctuating price movement in recent weeks. While Solana's price gained 14% in the last month as per CoinMarketCap, it dipped 1% in the last few days. However, Solana still ranks among the top 5 cryptocurrencies based on market capitalization.
On Solana's price action, top analyst Daan Crypto believes SOL has been consolidating between $115-$200 for the better part of the year. He identifies the support and resistance zones and adds that if Solana can break through the weekly resistance, a new ATH is possible.
According to technical analysis, Solana is trading above the 50-day and 200-day SMA. Additionally, Solana recorded 17 green days in the last 30 days, indicating that it's in an upward rally. Although the Solana coin has had trouble moving past the $160 major resistance, if the coin manages to overcome this challenge, it could aim for the next resistance at $185, which would bring it closer to the $200 mark.
What Are the Most Profitable Cryptocurrencies in October?
Getting in early on profitable coins is one of the best ways to make great returns in the market. In October, Cutoshi, Solana, and BlockDag are some of the coins to watch for huge gains.
For more info on the Cutoshi (CUTO) Presale visit the website.
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