Bitcoin has broken out of the descending trendline resistance, indicating a possible rally in the market. Many experts predict that the crypto market will enter the bull phase by the end of October.
These coins are trending and could be the best bets in the coming bull run: Neiro (NEIRO), Solana (SOL), and Cutoshi (CUTO).
NEIRO Set To Launch On Coinbase L2:
Neiro, a cryptocurrency launched on the Ethereum blockchain in August 2024, is designed for speed and cost-efficiency. It avoids taxes on buys or sells and does not have team tokens, making it more transparent and decentralized than its competitors.
The team behind Neiro is preparing to launch the coin on Coinbase’s layer two network, Base, as announced on their official X account. They are wrapping up the process to make it available for trading on this popular network.
In the meantime, Neiro is focused on refining its systems to ensure a smooth transition for users. Looking ahead, they aim to maintain the token’s long-term stability on both the Ethereum and Base networks.
Edward Snowden Criticizes Solana, While Active Daily Address Rises
Edward Snowden, a prominent advocate for data privacy, recently stirred controversy in the crypto space by labeling Solana as a “centralized chain.” Speaking at the Token2049 conference, he reignited discussions about the trade-offs between performance and decentralization in blockchain technology. Snowden voiced concerns about Solana’s current usage, saying it seems largely dominated by “meme coins and scams.”
Despite these criticisms, Solana’s network shows signs of resilience. On October 14, daily active addresses hit a record high of 4.61 million, reflecting a surge in network activity. The figure has since slightly increased to 4.71 million, but it remains notably higher. This increase in activity highlights the growing interest in Solana, especially within decentralized finance (DeFi) and the broader crypto market.
Cutoshi (CUTO) Sees Inflow From Crypto Whales
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While Solana and Neiro have shown momentum in their early days, currently, they are facing market volatility. Cutoshi has advantages because of its undervalued prices and strong fundamentals. Cutoshi is the rare utility meme coin and DeFi hub, attracting several crypto whales from different communities to its presale.
Cutoshi aims to grow the DeFi culture and leverage memes’ power to spread its mission. The project focuses on creating a democratized community where power is shared equally, giving CUTO members full control over decision-making.
Through its DEX exchange, Cutoshi allows users to swap assets across different chains, addressing common issues like slow transactions, high fees, and lack of interoperability. It also offers Cutoshi farming, rewarding investors with CUTO tokens for participating in quests and competitions. For those looking to improve their knowledge of the crypto market, Cutoshi Academy provides educational resources.
With a presale price of just $0.022, Cutoshi offers an appealing opportunity for early investors. Those who got in during stage 1 already saw a 46% return on investment (ROI), which could rise even more in the coming weeks. As Cutoshi trends upwards, CUTO token investors may see substantial ROIs in Q4 and beyond.
For more information on the Cutoshi (CUTO) Presale:
Join and become a community member:
https://twitter.com/CutoshiToken
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