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Cryptocurrency News Articles
DeFi Tokens Are Proving To Be The Next Profit Magnets As Crypto Traders Buy Solana, Monero and Cutoshi
Oct 11, 2024 at 01:43 pm
The ‘Uptober’ rally is on track to be the biggest crypto milestone in 2024. Traders and investors are accumulating their holdings to hop on the
Solana (SOL), Monero (XMR), and a new meme coin called Cutoshi (CUTO) are among the top crypto performers this week, as traders and investors accumulate holdings to hop on the best tokens tipped for profits.
Solana (SOL) Price Prediction – November 21
Solana (SOL) has been making the headlines a lot recently, and for good reason. The SOL token has been posting double-digit gains for the past few days, and it shows no signs of slowing down. Several factors are contributing to Solana's impressive rally.
First, the bank has tipped Solana (SOL) for massive gains in the future for various reasons, and now we have Standard Chartered delivering its own analysis. The bank has predicted that Solana (SOL) could do a 5x spike if Donald Trump wins the US presidential elections.
The Global Head of Digitally Assets, Geoff Kendrick, says he thinks the Solana ecosystem will be better off with Trump in power. The SOL token is currently priced at $141.08 as it consolidates for the incoming rally.
Solana (SOL) is up 11.3% in the past 24 hours and 20% up in the last seven days. The token ranks 9th on CoinMarketCap with a market capitalization of $5,19 billion.
Monero (XMR) Price Analysis – November 21
The XMR token has maintained its top altcoin status for over a decade amid the regulatory clampdown in various countries that have frustrated Monero's use case. The token is a privacy cryptocurrency that maintains strict policies on anonymous transactions and asset security, and many regulatory agencies don't like the mode of operations.
Now, there's a new wave of delisting that has hit the Monero (XMR) network too. Binance and OKX have delisted their privacy coins, and Kraken announced that it will delist the XMR token in the European Economic Area.
Despite the recent developments, Monero (XMR) is trending 5% at the moment. The Monero (XMR) is worth $152.08, and with the activity on DEXs, XMR will still be in high demand.
Monero (XMR) is up 4.8% in the past 24 hours and 12.3% up in the last seven days. The token ranks 31st on CoinMarketCap with a market capitalization of $2,8 billion.
Get The Most Out Of Memes And Defi With Cutoshi (CUTO)
Cutoshi (CUTO) is a meme coin that aims to combine the best elements of both worlds. On the one hand, it has the charm and appeal of a meme coin, which could attract a large community of supporters. On the other hand, it is also integrated with the DeFi ecosystem, which provides users with a variety of tools and services to generate passive income and multiply their crypto holdings.
First, the project attempts to solve the age-long problem of interoperability. The Cutoshi (CUTO) project will feature a DEX where users will be able to carry out cross-chain asset swaps with ease and without leaving the platform.
Also, Cutoshi places a high premium on community. The project features a learning academy where newbie investors can learn the ropes of DeFi. To further demonstrate its community agenda, the Cutoshi (CUTO) project spots a farming feature where users can accumulate CUTO tokens by completing tasks.
Finally, the Cutoshi (CUTO) project will have a decentralized autonomous organization (DAO) that gives members voting rights on key decisions regarding the future of the project. This ensures that the community plays a central role in shaping the direction of the Cutoshi (CUTO) project.
Analysts have highlighted Cutoshi's blend of Defi and meme cultures as a unique feature that could drive it to the top of the crypto pyramid. There are hushes around expert circles that the CUTO token could spike by as high as 10,000%, way better than SHIB.
Cutoshi (CUTO) is currently in stage 1 of its presale, and the CUTO tokens are selling for $0.015 each. This price will increase in the following stages of the presale, so now is the best time to get your hands on some CUTO tokens.
For more information on the Cutoshi (CUTO) Presale:
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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- Lunex Network Overshadows Shiba Inu as Experts Predict This to Be the Most Profitable Investment of Q4
- Oct 11, 2024 at 04:25 pm
- Shiba Inu (SHIB) has been consolidating after bouncing off important support regions following the protracted dipping trend over the previous few months. This comes when a new project known as Lunex Network is set to gain serious traction.
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- Bitcoin is Tanking on Middle East Geopolitical Worries, Which Confirms My Assertion That "Unlike Gold, Bitcoin is Not a Safe-Haven"
- Oct 11, 2024 at 04:25 pm
- Demand for #gold surged to its highest in more than a decade in 2022, fuelled by “colossal” central bank purchases that underscored the safe haven asset’s appeal during times of geopolitical upheaval.
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- Bitcoin (BTC) Exchange-Traded Funds (ETFs) See Third Day of Outflows as ETH ETFs Post Modest Recovery
- Oct 11, 2024 at 04:25 pm
- Spot Bitcoin exchange-traded funds in the U.S. witnessed their third consecutive day of outflows on Oct. 10, while spot Ethereum ETFs posted a modest but positive turnaround after a day of inactivity.
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- Rexas Finance (RXS): A Potential Contender for the Top Five Crypto Spot as the Market Evolves
- Oct 11, 2024 at 04:25 pm
- As the crypto market evolves, certain tokens stand out for their potential to rise among the top five. Among these are Cardano (ADA), Toncoin (TON), and Rexas Finance (RXS), each bringing different strengths.
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- XRP Could Surge to $60 Overnight by Capturing a Fraction of SWIFT's Transaction Volume, Crypto Analyst Claims
- Oct 11, 2024 at 04:25 pm
- Levi Rietveld, a popular crypto analyst with 122,000 followers on Twitter, has released a new video detailing how XRP could potentially surge to $60 overnight by capturing a fraction of SWIFT's transaction volume.