The ‘Uptober’ trend has created some serious hype around the crypto market, and it’s very easy to get caught up in the excitement and lose sight of the top crypto coins to invest in.
PEPE and Cardano (ADA) are joined by a new presale token, Cutoshi (CUTO), as three of the most talked about crypto projects in the market right now. While PEPE and the Cardano coin are already household names, Cutoshi has just been listed on CoinMarketCap, and its presale is gaining quite some traction.
PEPE’s Moving Averages Point To Strong Buy
PEPE was initially dismissed as just another meme coin, but the meme coin has come a long way. In less than two years, its market cap has exceeded $4 billion. And even more, the Pepe coin price has gained over 30,000% since its launch.
More recently, the PEPE token has returned 953.89% gains to its investors in the past 12 months, making it one of the go-to crypto projects for investors. Meanwhile, the coin has also had its share of losses. In fact, PEPE is currently on a weekly 2.83% loss after enjoying a great start to the month.
Source: CoinMarketCap
With the current crypto bubble, the Pepe price prediction is bullish, and the coin is already showing positive signs of a recovery on the intra-day price chart. PEPE’s 24-hour volume has spiked 34.22%, and its Moving Averages is pointing towards a strong buy. However, PEPE is trading 42.47% below its ATH, and reaching that mark might be an unrealistic stretch for now.
Cardano Price Prediction: Bleak Outlook
Cardano (ADA) has often been hyped as a strong Ethereum (ETH) rival. While the project is nowhere near Ethereum, Cardano has stood out for its solid utility and growing user base. Hence, crypto bulls have continued to tip the Cardano coin to break through the now elusive $1 mark.
Source: CoinMarketCap
However, recent Cardano price performances could weaken the bulls’ resolve as the project is bleeding on the price charts on almost all timeframes. Cardano (ADA) has lost 8.34% within the last month, and its weekly negative 1.39% doesn’t seem inspiring either.
The Cardano (ADA) project is still highly rated in the crypto market at number 11 on the ranking. An optimistic Cardano price prediction would be that the coin takes advantage of the current bubble to return some fair gains, but even that is not guaranteed, considering that new projects like Cutoshi offer so much more in terms of profit potential.
Cutoshi: The Millionaire Maker Meme Coin With A Defi Heart
Meme coins have continued to gain traction, given their potential for rapid gains, but Cutoshi (CUTO) is positioning itself as more than just a meme coin project. By combining the meme charm of the Chinese Lucky Cat with serious Defi utility, Cutoshi is deploying a unique approach for long term sustainability.
The Cutoshi project features a multi-chain decentralized exchange (DEX) designed to allow users to swap and transact digital assets conveniently and securely. This innovation addresses a key issue of interoperability for crypto users, helping Cutoshi itself to take a position in the $66 billion Defi market.
Further, the project has a capped token supply and a deflationary plan to manage its price trajectory over time. 7% of the project’s 440 million CUTO token supply would be burned to create scarcity and spike the token’s value. Meanwhile, another 10% of the token supply has been earmarked for farming, opening up an opportunity for investors to earn even more.
CUTO is priced at $0.022, and investors are trooping to stack the token in its current stage 2 of presale, hoping to capitalize on the token’s early momentum. The early signs are great, and Cutoshi could go on to be a millionaire maker project.
Cutoshi’s Dual Advantage
It’s easy to get carried away by the somewhat excessive excitement in the crypto market. However, it is important to make informed investment decisions. With all three of Pepe, Cardano and Cutoshi presenting varying levels of profit opportunities, Cutoshi seems like the one to watch as the project seeks to tap from two lucrative industries in the crypto market.
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