Recent insights from CoinMarketCap show that meme coins have continued to grow after the recent setback. Notably, Solana-based meme coins such as Popcat and Dogwifhat have witnessed varying growth in the past few days, with analysts forecasting more growth in the coming weeks.
Meanwhile, Cutoshi has witnessed more adoption, mainly from top investors. The project’s major talking point has been its multi-chain DEX exchange, designed to bring DeFi closer to the people while offering investors financial freedom. It has become investors’ favorite ahead of Solana and Kaspa. More details below.
Cutoshi – an Ethereum-based project Offering Investors Financial Freedom
Investors’ main objective is to profit from their investments. As such, Cutoshi is developing an ecosystem that will offer investors financial freedom. Inspired by the Chinese Lucky Cat and the teachings of Legendary Satoshi Nakamoto, Cutoshi is building an ecosystem where investors are given decision-making powers and control over their assets.
By bringing the Lucky Cat to the blockchain, Cutoshi wants to bring luck, prosperity, and wealth to your digital assets. Cutoshi embodies the values of decentralization, privacy, and monetary freedom, which is the original vision of Satoshi for blockchain technology. To actualize these dreams, Cutoshi is developing an ecosystem that houses all the tools you need.
One of the tools is the multichain exchange platform, which is designed to allow for cross-chain asset swapping. This solves issues of asset ban and interoperability. Another one is the farming protocol, which allows investors to complete quests, collect points, and earn rewards. There is also the Cutoshi University, where investors can learn more about DeFi and cryptocurrencies.
With this rich ecosystem backed by its vision of following core DeFi principles, Cutoshi has entered investors’ watchlists ahead of Solana and Kaspa. The native token, CUTO, is sold for $0.015 in the ongoing presale. Backed by a deflationary mechanism and the limited 440M supply, experts tip the CUTO token to hit 40x soon, making it a project to watch out for in Q4.
Can Solana Price Retest the $200 Mark in the Short Term?
Known as the Ethereum killer, Solana has been in the news lately. On October 1, a digital assets-focused Sygnum Bank released a report analyzing the potential of Solana Network challenging Ethereum’s dominance. Thanks to its faster transaction processing and cheap fees, Solana has become investors’ favorites in the past few months.
However, how has the Solana token behaved in the market? CoinMarketCap data shows that the Solana price has dropped below the $150 major support zone in the past week. Also following the bearish trend is the Solana trading volume, which has declined significantly in the past day, signaling low investors’ confidence.
Meanwhile, the Solana Tradingview chart shows the crypto trading above the 50-day SMA. Although the Solana market sentiment is neutral, the bullish MACD crossover witnessed in the past few days signals a rally. If that happens, Solana could trade above $200 in Q4, with the Coincodex Solana price prediction around $163 in the short term.
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Kapa Price Analysis – Will KAS Surpass Its ATH in Q4?
Kaspa was the talking point two months ago when it set a new ATH record of $0.20 on August 01. However, market stats shows that Kaspa’s price has dropped by 27% from it’s all-time high. The Kaspa market cap, which hit a record $5B in early August, has also dropped significantly. However, Can it bounce back in October?
Key market metrics suggest that there is hope for Kaspa. The ecosystem has been working on a series of partnerships recently. Solartrip Travel Service recently announced its acquisition of the Kaspa token as a means of payment, as Kapa announced a partnership with Bitvavo to trade the Kaspa token.
Some analysts, such as CryptOG on X, believe Kaspa will be in the top 10 by the end of this circle. Meanwhile, Tradingview data shows that Kaspa could retest the $0.17 soon. If the coin can flip that, it could retest the $0.20 ATH in the short term. Coincodex remains bullish on the token with a bold Kaspa price prediction of $0.49 in the short term.
Why Investors Are Accumulating Meme Coins
Memecoins are an avenue to maximize profits in the short term. While the likes of Solana and Kaspa are projected for an uptrend, they may not match meme coins. With meme coins leading the market rally, Cutoshi is already tipped to hit the moon soon. What makes it special is its strong use case.
For more information on the Cutoshi (CUTO) Presale:
Join and become a community member:
https://twitter.com/CutoshiToken
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