Recent growth in altcoins like Sui (SUI) and Aptos (APT) was driven by high transaction speeds and scalability. As their values reach new highs, investors look for other big opportunities. Cutoshi is one of those emerging tokens.
Sui (SUI): High Throughput and Scalability in the Spotlight
Sui’s parallel transaction processing allows its network to handle a high volume of transactions simultaneously. It claims to be able to handle 297,000 TPS, thanks to a new programming language by Facebook’s Diem. This language, Move, now found a new life in the Sui ecosystem.
The adoption is also picking up, as Sui’s TVL has recently crossed $1 billion. High scalability and developer-friendly tools were the main drivers, which also attracted investors. This resulted in a remarkable surge of 130.90% in just the last month. Since then, its progress slowed, and SUI dropped 4.73% in a single day in October.
Currently at almost $4.8 billion in market cap, analysts are skeptical about its growth in Q4 2024. Technicals also show warning signs. Its weekly chart shows an RSI of 65 while the daily chart is at 68 dangerously close to the overbought area.
Aptos (APT): Poised for Growth with Unique Programming Features
Aptos is based on the same Move programming language just like Sui, offering security and speed. The parallel execution engine ensures fast and cost-effective transactions. Aptos has recorded a bit more modest returns compared to Sui, however, a 31% gain in the last 30 days is remarkable.
The daily chart shows an RSI of 62.37 and the weekly one at 52.55 it’s further away from the overbought territory than Sui. The moving averages and oscillators on the weekly chart show a buy signal, while the oscillators are neutral on the daily chart.
The Aptos team has just purchased HashPalette and secured a foothold in Japan. With Franklin Templeton adding Aptos to support its tokenized money market fund ($435 million) among Avalanche, Stellar, Polygon, and Arbitrum, there’s room to expect growth for Aptos.
Cutoshi (CUTO): The Next Crypto Surge?
Investors who missed out on Aptos and Sui are looking at Cutoshi. This new utility-driven meme coin with strong DeFi elements could be the next big thing on the market.
Cutoshi takes its inspiration from the Chinese Lucky Cat and the Bitcoin creator Satoshi. As such, it will bring luck to your portfolio, while also building a complete DeFi ecosystem. At its heart will be a DEX, charging low fees of 0.25%, without any restrictions for traders.
This will help build a strong ecosystem for privacy and security-focused traders. Cutoshi will also have NFTs, farming, quest rewards, and a learning platform. All of these will help support and reward its community.
Since it’s still in the presale, the room for growth is huge. Analysts claim it should go up by 50% in the next stages of its presale. They also claim that 100x gains are very realistic.
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