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The Crypto Times

11/03/2024

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Solana's Bullish Trend Hints at $190, Cardano and Cutoshi Rise

With investors scouring the market for the next big gem, meme coins are back, and Cutoshi’s mix of DeFi utility and fun engagement could be a game-changer in this feverish market climate.  As SOL and ADA ride...

Solana's Bullish Trend Hints at $190, Cardano and Cutoshi Rise

With investors scouring the market for the next big gem, meme coins are back, and Cutoshi’s mix of DeFi utility and fun engagement could be a game-changer in this feverish market climate. 

As SOL and ADA ride their bullish momentum, the new DeFi meme coin Cutoshi is hitting milestone after milestone, with over 75% of the second stage of its presale already sold. The conditions are ripe, and early signs suggest it might just surprise everyone.

Could SOL See A Breakthrough To $190 And Outshine Ethereum?

Solana’s decentralized exchange trading volume has shot up, reaching 168% of Ethereum’s mainnet volume, a massive leap that’s got everyone expecting a leg higher for SOL’s price. 

This surge has been reflected in SOL’s price, which rose over 11% last month and 375% in the past year, hitting a market cap of $82 billion. Lately, SOL has been showing a bullish streak, setting higher highs and higher lows, a sign of strength many investors have been eyeing closely. 

After a dip below $140, it’s back around $180, with some even betting on a $190 breakthrough. And with Solana’s Total Value Locked (TVL) now standing at $6.2 billion (compared to just $210.4 million at the start of the year), it’s clear that the momentum behind SOL is real.

Cardano’s Momentum Picks Up

Cardano (ADA) has also been in the green. Cardano’s value has ticked up by 4% in the past two weeks, pushing its market cap to $12.8 billion. Year-to-date, ADA’s gains have exceeded 20%, thanks in part to holding a critical support level for over 100 weeks, a solid foundation that suggests ADA has staying power. 

Cardano recently linked up with BitcoinOS (BOS) as its smart contract layer, aiming to bridge Cardano and Bitcoin and tap into Bitcoin’s massive $1.3 trillion market. It’s a time to watch Cardano closely as it edges into new partnerships and prepares for potential gains.

Cutoshi’s Second Presale Stage Is Nearly Sold Out

Ethereum-based meme coins are back, and Cutoshi is leading the charge with something rather unique. Cutoshi’s multi-chain DEX makes asset swaps as easy as pie, cutting out the need for intermediaries and giving users direct control. 

Building on the success of giants like Uniswap and Pancakeswap, Cutoshi is creating an ecosystem packed with DeFi tools for everyone. Cutoshi’s farming protocol lets users earn rewards by completing quests, making it an engaging experience beyond simple price speculation.

The Cutoshi Learning Academy further sets this project apart, offering educational resources for DeFi newcomers to ease their way into the crypto space. It’s a full ecosystem inspired by blockchain’s ideals and even taps into the Lucky Cat symbol, promising wealth and fortune for holders. 

Since launching, Cutoshi has seen a remarkable presale rally, pushing the token price from $0.015 to $0.022 in stage two, giving early backers a hefty 46% gain. And with its recent CoinMarketCap listing and time-limited 20% bonus offer on all deposits, many are expecting it to lead the next meme coin wave in Q4.

For more information on the Cutoshi (CUTO) Presale: Cutoshi’s Website

Join and become a community member: Twitter | Telegram



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