Meanwhile, Ethereum and Solana are among the largest cryptos in the industry in terms of market capitalization. However, Cutoshi, a new Ethereum-based memecoin has caught the attention of investors who are looking for high-target tokens to load their wallets. The CUTO token has been estimated to hit 100x in the short term given its robust ecosystem. More below.
Cutoshi Poised to Surpass Solana by 2025, Experts Predict 50x Returns
The DeFi space is about to witness a new dawn with the emergence of Cutoshi, a project that combines fun meme coins with DeFi. This new project wants to change the negative narrative that meme coins are only about hype. Through its utility-based meme coin, CUTO, the platform is set to outshine Solana-based meme coins like Bonk and Dogwifhat.
Furthermore, Cutoshi will unleash its unique ecosystem, which boasts of a multi-chain DEX. This is specially designed to enable smooth swapping of digital assets across multiple blockchains. With this, many investors can grow their wealth on a secure and transparent platform.
Moreover, Cutoshi will have an Academy where users can broaden their understanding of the DeFi market, trading, and how crypto investment works. By doing this, Cutoshi hopes to bring DeFi closer to the masses.
Meanwhile, Cutoshi has raised close to $500k in just a few weeks of starting the presale, with early investors already profiting. As such, investors can jump on the $CUTO token, which sells for $0.022. Inspired by the traditional Chinese Lucky Cat and Satoshi Nakamoto teachings, Cutoshi’s exciting ecosystem has attracted whales who are accumulating the token.
Stripe New Payment Options with USDC on Solana Blockchain Excites Investors
As per CoinMarketCap data, Solana’s price has increased by 580% in the past year, which shows its potential across the market. With Solana’s market cap standing at $68B, the popular blockchain has continued to witness massive growth due to its proof-of-stake mechanism, which solves major issues regarding transaction speed and high gas fees.
Meanwhile, the Solana blockchain is about to experience massive activity as Stripe has integrated the Solana stablecoins on its platform. This new development will allow users to make secure payments in Stripe using Solana USDC and USDP stablecoins. With the Solana blockchain on the global map, the SOL coin price is about to boom.
However, Solana’s key market indicators, like market sentiment, remain neutral. Even at that, analysts tip the price of Solana to hit the $200 mark in the coming weeks. Popular crypto platform Coincodex is bullish, with a Solana price prediction of $167.85 in the short term.
Expert Forecasts Bullish Trend for Ethereum in Coming Weeks
Ethereum’s (ETH) price has been consolidating between $2,390 and $2,460 in the past 10 days. CoinMarketCap stats show that Ethereum’s price grew by 4% in the past month with the Ethereum market cap close to $300B.
A crypto analyst, 99Bitcoins believes Ethereum is stuck in a consolidation phase and can’t pass the $2,698 level in the past six weeks. The analyst believes that with over 600k ETH tokens bought by whales in the past few weeks, a potential breakout is imminent. Another analyst, Ali Chart maintained that Ether price needs to hold the $2300 support zone where over 2.4M addresses purchased 52.6M ETH to stand a chance of reversal.
Source: Ali Chart on X
While key market indicators like the MA are neutral, Ethereum is trading comfortably above the $2400 mark. If the Ethereum coin is able to reclaim the $2,474, $2,513, and $2,559 resistance zones in the coming days, it might hit the $3,000 mark in the coming weeks.
Which Top Coins Should Whales Accumulate This Year?
Having struggled to move past the $65k resistance zone, whales are fast losing interest in Bitcoin and looking towards the likes of Ethereum, Solana and upcoming projects like Cutoshi. However, while ETH and SOL require high liquidity to invest, Cutoshi’s cheap price makes it a hot prospect for investors.
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