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Cryptocurrency News Articles
November Bull Run Beckons As XRP, BlockDag, Cutoshi Show Signs Of Massive Rallies
Nov 11, 2024 at 04:16 am
The November bull run is here, and established coins like XRP are already showing signs of upcoming massive rallies. The recent filing of the XRP spot ETF
The November bull run is here, and established coins like XRP are already showing signs of an upcoming massive rally. The recent filing of the XRP spot ETF and the launching of the decentralized ID have positioned the XRP token toward a massive rally, which could push the price closer to $1.
However, XRP investors are not putting all their eggs in one basket as they look to diversify their wallets. Top among the hot coins they are looking at are BlockDag and Cutoshi, which are in their presale stages. Cutoshi has surprised many crypto enthusiasts already, raising over $700k in a short time and giving early investors a healthy ROI.
Cutoshi Coin Gains Traction Among Major Investors
Cutoshi (CUTO) is witnessing massive appeal from investors around the world due to its robust ecosystem, which houses tools such as a multichain DEX that will solve privacy and security issues encountered in exchanges. Besides the Cutoshi DEX, there is also the Cutoshi Academy where investors will learn things like crypto trading, market trends, etc.
Worth mentioning is the Cutoshi Farming protocol, where active participants can earn points, which can be exchanged for free Cutoshi tokens when the platform launches. Amazingly, the farming protocol is live, and within 48 hours of launching, more than 1,300 people have joined, showing Cutoshi’s growing community.
The Cutoshi 2nd stage of the presale is almost completed. That means the CUTO price is $0.0259 in the 3rd stage of presale. Adding to the recent CoinMarketCap listing, the Cutoshi price might reach $0.06 before the end of November with the early investor’s profit margin expected to reach even higher before the end of 2024.
Meanwhile, the $CUTO token can be purchased for just $0.0259. The token is deflationary in nature with buy and burn mechanisms. Outside that, it has a limited 440M total supply. All these will lead to token scarcity which will drive the price up. With the massive utility in the DEX, CUTO could follow the path of exchange tokens like BNB with high expectations of 40x before listing to major exchanges.
XRP Coin Forecasted To Soar By Leading Analyst
XRP (XRP) has been embroiled in a legal tussle with the US SEC, but with Donald Trump’s recent victory in the US election, the XRP price could be set for a massive boom. Leading crypto expert SnappyStacks observed that XRP has been stuck in the price range of $0.47 and $0.7 for some months.
Going forward, SnappyStacks is confident that once the XRP token breaks above the $0.7 level, it could target $1.6-$1.8. Another crypto analyst, Levi, thinks that the XRP price could hit $260 in the coming months. As per CoinMarketCap, XRP’s year-to-date price metrics show a 20% decline. However, with the 7% gains in the past week, a rebound could be on the way.
The XRP technical indicators are flashing mixed signals. While the fear and greed index is 69 (greed), market sentiment remains neutral. According to Tradingview, the XRP price is modestly trading above the 50-day and 200-day SMA, a bullish signal. If the XRP price is able to move past the $ 0.571417 resistance level, it could target $1 before the end of the month.
BlockDag Price On Track To Reach $0.5 Soon
BlockDag (BDAG) is among the new cryptos setting impressive standards in the crypto market. Its early performance has seen many investors embrace the crypto project. BlockDag crypto has generated a record $114.79M in presale which could reach $120M soon.
Meanwhile, Blockdag is a layer-1 solution that uses the novel DAG chain technology to resolve scalability issues in blockchains. This is to improve the security and increase the speed of all transactions on the blockchain. BlockDag has also successfully launched its testnet program, which will show its operational efficiency.
Sold for just $0.022, investors can get a 100% bonus when they use the promo code BULLRUN100 to buy the Blockdag token. With the imminent mainnet launch and listing on popular exchanges, the Blockdag price might hit $0.1 before the end of the year. Traders and developers can take advantage of this cheap price to invest in a project that has great potential.
What Are The Best Crypto Gems To Buy Now For Maximum Gains?
November is the perfect time to diversify your portfolio with the hottest cryptocurrencies around. XRP and BlockDag rank among the coins that investors should consider
Disclaimer:info@kdj.com
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- Bitcoin Surges Post-Election as Investors Bet on Trump's Pro-Crypto Policies and Market Growth
- Nov 13, 2024 at 02:15 pm
- On November 12, Bitcoin was hovering above $90,000 due to the excitement surrounding Donald Trump's election as U.S. president and the anticipation that his administration would be crypto-friendly, per Reuters.
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- XYZVerse (XYZ) Promises to Outshine Cardano (ADA) and TRON (TRX) with a New Sports-Inspired Memecoin
- Nov 13, 2024 at 12:15 pm
- A new cryptocurrency inspired by the world of sports is making waves with promises of extraordinary returns. This innovative memecoin aims to disrupt the market by combining sports enthusiasm with crypto potential. As it gears up to challenge established players like Cardano and Tron, investors are watching closely to see if it will deliver on its ambitious goals.