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Cutoshi (CUTO) Redefines the Meme Coin Sector with DeFi Features, Could Solana (SOL) Price Reach $180 in October?

Mary-Kate Olsen
Release: 2024-10-18 19:16:22
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Solana’s price has witnessed a modest bullish trend, trading around its critical support levels. However, emerging FTX plans could potentially introduce volatility

Cutoshi (CUTO) Redefines the Meme Coin Sector with DeFi Features, Could Solana (SOL) Price Reach 0 in October?

Solana’s price has shown a modest bullish trend, trading around its critical support levels. However, emerging FTX plans could introduce volatility, impacting SOL tokens in the near term. On the other hand, Popcat’s market capitalization has crossed $1 billion.

Meanwhile, Cutoshi’s presale continues to gain traction, having already delivered over 46% ROI. Experts now believe that this promising project could follow Solana and Popcat’s price trajectories.

Cutoshi to Bring DeFi Features to the Meme Coin Sector

Cutoshi (CUTO) is a recent addition to the meme coin market. What makes Cutoshi unique is its combination of DeFi ideals, inspired by the legendary Bitcoin founder Satoshi Nakamoto, who is known for advocating privacy, freedom, and decentralization. The meme coin also draws inspiration from the iconic Chinese Lucky Cat.

By merging DeFi and meme coin elements, Cutoshi is well-positioned to add value to both sectors. To address the common challenges of cross-chain operations, the project has created the Cutoshi DEX. The DEX will facilitate efficient token swaps across chains, saving both time and costs. Being an Ethereum-based token, Cutoshi will also benefit from the scalability and security of the Ethereum blockchain.

Community development is another key aspect of the Cutoshi ecosystem. The project will be introducing the Cutoshi Merch and Academy, adding more vibrancy to the community while bridging the knowledge gap in crypto. CUTO is currently priced at $0.022, surging by over 46% from its starting price of $0.015. The token is also set to gain a 100x growth potential by the end of the presale, mirroring Solana and Popcat’s price performance.

Can Solana Price Hit $180 In October?>

Solana’s price, along with other cryptocurrencies, has seen renewed optimism following the Bitcoin rally. The fifth-largest altcoin has been trading around its critical support levels, but FTX’s plan to unstake an estimated $27 million worth of SOL tokens could introduce volatility into its market, impacting the price of Solana in the near term.

According to the on-chain data, the unstaked SOL tokens will be transferred through multiple addresses, moving to exchanges like Binance or Coinbase, indicating a possible sell-off. If large amounts are liquidated, it could disrupt the current SOL bull run. If Solana’s price manages to maintain this bullish momentum, its next resistance level to watch will be around the $160 level, which could further signal potential gains towards the $180 mark.

However, bearish momentum could hit Solana around the $150 mark if the broader market faces a pullback. If the bears gain control of the market, the price of SOL could push back to $80. As market experts watch closely, investors are concerned about increasing selling pressures if FTX continues its liquidating strategy.

Popcat (POPCAT): First Cat-Themed Meme Coin To Cross $1B

Cat-themed meme coins are seeing considerable on-chain activities as Popcat’s impressive market capitalization hit over $1.29 billion. While this is an incredible milestone, the Popcat coin faces new competition from a promising alternative, Cutoshi.

Many analysts have made bullish Popcat price predictions, suggesting that the price of Popcat stands a chance of breaking even higher. According to the Popcat candlestick arrangement, the POPCAT token is within the accumulation range and will see a declining momentum when it breaches the local resistance.

At the moment, the price of Popcat is facing liquidation around the $1.5 mark, which was a new October high. Notably, if the cat-themed meme coin breaks this level, it will record a new all-time high, potentially increasing its market capitalization to greater heights. As such, Popcat is among the best cryptos for driving capital growth.

Is Cutoshi A Top Pick For October?>

Like Solana and Popcat, Cutoshi holds the potential for better gains in October. The project has already attracted many investors, and the momentum is set to continue, especially with Cutoshi’s built-in scarcity, which will drive immense demand for the token, pushing its price even higher in the coming months.

For more information on the Cutoshi (CUTO) Presale:

https://cutoshi.com

Join and become a community member:

https://t.me/cutoshi

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