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Cryptocurrency News Articles
What Are the Most Profitable Cryptocurrencies in October?
Oct 02, 2024 at 11:01 pm
Jumping early on profitable coins is one of the best ways to make excellent returns in the market. In October, Cutoshi, Solana, and BlockDag are among the coins to watch out for huge gains.
Investors are navigating the crypto market to identify hidden gems that can yield substantial profits. According to Lookonchain, a renowned on-chain market tracker, Pump.fun, a meme coin generator operating on the Solana blockchain, has generated immense profits from Solana coins over the last few days.
In addition to Solana crypto, BlockDag and Cutoshi are among the top coins anticipated to generate revenues this October. Despite being in the presale stages, these coins have shown to be выгодные предложения. Continue reading for more details.
Cutoshi: A Must-Have Utility Memecoin on the Ethereum Blockchain
While other meme coins rely on hype and speculation to drive their value, Cutoshi (CUTO) has a different approach. Recognizing that true success in the crypto world requires more than just buzzwords, Cutoshi is integrating essential utility functions into its ecosystem to set itself apart from the rest.
Drawing inspiration from the iconic Chinese Lucky Cat, which is believed to bring good fortune, Cutoshi aims to spread financial freedom on the blockchain. At the heart of the Cutoshi ecosystem is a DEX exchange. This multichain DEX connects several blockchains, enabling users to swap digital assets easily and at an affordable cost.
Furthermore, investors can utilize the Cutoshi yield farming protocol within the ecosystem to stake their tokens and earn additional rewards.
Meanwhile, the primary utility token, $CUTO, is currently available for $0.015 in the stage 1 presale. This project is ideal for investors seeking to join a project that will stand the test of time. Analysts are comparing its price trajectory to that of Pepe’s early stage, anticipating a 200% rally before December, making now the best time to jump on this project.
BlockDag Provides 1800% ROI
Emerging as a rising star in the crypto market is BlockDag (BDAG). This can be attributed to its cutting-edge innovation and the remarkable success of this crypto in presale.
Having commenced its presale a few months ago, BlockDag has already managed to raise $77M. This paves the way for exciting developments as more investors are considering acquiring more BDAG tokens before the BlockDag listing takes place. With the introduction of a 50% bonus on all purchases, interest is expected to soar in the next few days.
Moreover, the BlockDag price has risen to $0.0192 from an initial price of $0.001, indicating that early adopters have already made over 1800% in profits. As more features are set to be added soon, experts anticipate BlockDag becoming a market leader soon.
Analyst Believes Solana’s Potential ATH Hinges on Breaking Weekly Resistance
Solana (SOL), one of the top crypto coins, has seen a fluctuating price movement in recent weeks. While Solana price gained 14% in the past month as per CoinMarketCap, it dipped 1% in the past few days. However, SOL still ranks among the top 5 cryptocurrencies based on market capitalization.
On Solana price movement, 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 believes if Solana can break through the weekly resistance, a new ATH is possible.
As per technical analysis, Solana is trading above the 50-day and 200-day SMA. Also, Solana recorded 17 green days in the past 30 days, which shows it is in an upward rally. Although the Solana coin has struggled to move past the $160 major resistance, if the coin can surpass the challenge, it could target the next resistance at $185 which could draw it closer to the $200 mark.
What Are the Most Profitable Cryptocurrencies in October?
Jumping early on profitable coins is one of the best ways to secure excellent returns in the market. In October, Cutoshi, Solana, and BlockDag are some of the coins to watch out for if you're looking to multiply your crypto earnings.
For more info on the Cutoshi (CUTO) Presale visit the website.
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