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Cryptocurrency News Articles
TRON (TRX), Cardano (ADA), and Cutoshi (CUTO) Are the Best Coins to Position for Post-Election Gains
Oct 26, 2024 at 04:52 pm
While many projects have been rolled out in anticipation of the post-election surge, TRON (TRX), Cardano (ADA), and Cutoshi (CUTO) are three of the best coins to keep right now, as they could spiral after the elections.
As the US presidential election nears, anticipation is brewing in the crypto market for the potential impact on digital assets. While many projects have been preparing for a post-election surge, three coins that stand out as promising investments are TRON (TRX), Cardano (ADA), and Cutoshi (CUTO).
Impressive Q3 Growth Sets TRON Up For Future Gains
Despite TRX's strong performance in Q3, the project has seen limited gains since the start of Q4. However, the project's trajectory and activities suggest an upcoming surge in TRON's price.
In Q3 alone, TRON raked in a remarkable $151 million in revenue, largely driven by SunPump, its meme coin launchpad. Through SunPump, TRON has been able to increase its user base and transaction volume as tens of thousands of meme coins continue to launch on the project.
With the US presidential election sparking excitement about a freer crypto market, the Defi industry could welcome more crypto projects. As one of the most sought-after blockchains currently, TRX crypto coin would greatly benefit from the influx. TRX's price is currently showing a decent 4.61% monthly uptrend, and the months following the election could see the coin clocking more tangible gains.
ADA Price Prediction: Top 10 In Sight For Cardano
Cardano has been making waves in the crypto market with its proof-of-stake mechanism, and the top Defi project is now a step closer to reclaiming its position among the top 10 crypto projects if recent market projections are to be believed.
Ahead of the US presidential election, trending Cardano news already suggests the project is collaborating with governments around the world. Earlier this month, Mauro Andreoli, a Cardano (ADA) ambassador, reported on his X account that it hosted the first legally and judicially enforceable contract on its network.
This development creates an aura of readiness around Cardano (ADA), as the Defi industry looks forward to the new US government extending a hand to the crypto market. Despite ADA coin's recent dip, there is a high chance that the coin could experience a resurgence soon.
Standout Crypto Project: Cutoshi's Features And Potential
As new crypto projects continue to flood the market, Cutoshi (CUTO) is one of the standouts to watch ahead of the presidential election. Cutoshi is a project that adopts the Chinese Lucky Cat as its meme symbol and aligns with the DeFi vision of Satoshi Nakamoto.
As a meme coin, Cutoshi would naturally be an interesting investment opportunity for traders considering how meme coins have become known for their huge pumps. However, the Cutoshi project has additional features that make it an even more attractive investment, starting with its DEX platform. With the Cutoshi DEX, users no longer have to go through third parties before swapping or trading their assets. The DEX provides a secure and enabling environment for transacting between different chains.
Furthermore, members can access learning materials in the Cutoshi Academy to gain knowledge of the Defi system, and even earn while having fun through CUTO farming.
The CUTO presale is currently ongoing with over $500,000 already raised in a short period. Demand for the project has been increasing as per the low cost of the CUTO token at $0.022.
Crypto Market Anticipates Post-Election Gains
As anticipation builds in the crypto market for the U.S. election, now might be the best time to position for post-election gains. While TRON and Cardano (ADA) could rediscover their bullish momentum and return decent profits, Cutoshi looks like the best bet for a post-election rally.
For more information on the Cutoshi (CUTO) Presale:
https://cutoshi.com/
Join and become a community member:
https://twitter.com/CutoshiToken https://t.me/cutoshi
This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.
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