The crypto market has seen a sharp increase in the past few days, which is attributed to the recent US Fed rate cut. Sui, the layer 1 blockchain, has surged by 44% in the past seven days, with the total value locked (TVL) surging by over 300% to $959.05M, occasioned by the rising adoption of DeFI applications on the Sui network.
On the other hand, Cutoshi has continued to make inroads in the meme coin market due to its unique ecosystem, which is set to bring DeFi closer to the masses. With the presale still in the early stage, experts believe now is the right time to join before it is listed in crypto exchanges. Let’s see what is fueling the adoption of these tokens below.
Cutoshi Unique Road Map Could Fuel Its Adoption
Unlike other meme coins such as Bonk and Dogwifhat with no use case, Cutoshi is a new revolutionary DeFi hub, meme coin, and ecosystem with a strong road map. The project is inspired by the traditional Chinese Lucky Cat. Cutoshi aims to bring the lucky cat on the blockchain.
The Cutoshi platform is designed to embody the values of decentralization, privacy, and monetary freedom, which is the main vision of the legendary Satoshi Nakamoto. This means that investors have full control and decision-making powers over their assets.
At the heart of the Cutoshi ecosystem are powerful tools that will aid both understanding DeFi and building wealth. The Cutoshi DEX allows for easy swapping of assets across chains seamlessly. Also, there is Cutoshi farming, in which investors complete quests, collect points and win rewards. Worth mentioning are the Cutoshi NFT, academy, and Merch.
The ecosystem’s currency is CUTO, which is used for all transactions. Currently sold for just $0.015, analysts believe it will soon rival Dogecoin and Shiba Inu. As such, they back it for 40x in the coming months.
Sui Price Prediction – Can SUI Token Surpass Its Previous ATH
The latest integration of the USDC stablecoin on the Sui network has driven the adoption of the Sui token. Sui CoinMarketCap data shows that the popular altcoin price has grown by 80% in the past month and 44% in the past week to rank as one of the top-performing altcoins in the market.
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Within the past few weeks, the Sui price has broken through the $0.99 and $1.40 resistance zones while turning the $1.50 resistance level into its support zone. More notable is the Sui market cap, which grew from $1.50B sometime in August to over $4.55B. The technical analysis from Tradingview shows that Sui is trading above the 50-day EMA and 200-day EMA.
This means the Sui crypto rally could extend for days and possibly break the $2.18 ATH. Crypto analyst Crypto Rose Channel agrees with the bullish sentiment. According to the expert, Sui’s price could surge by 200 to 250% in the coming days. With the ongoing developments in the Sui ecosystem and backed by the surging adoption of DeFi, the Sui price is primed for $5 in 2025.
Why You Should Invest in Cutoshi and Sui
Market data has proven that the best time to invest in projects is in the early stages of the presale. With Cutoshi’s quest to bring decentralized finance closer to the people, adoption could skyrocket in months to come. As for Sui, there is already growing interest in the Sui Blockchain, which could trigger a more extended rally.
For more information on the Cutoshi (CUTO) Presale:
Join and become a community member:
https://twitter.com/CutoshiToken
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