In spite of the ongoing legal issue between Ripple Labs and the US SEC, predictions are still flying around about the possibility of Ripple (XRP) coin hitting $5 in 2025. This is especially poised to happen if Ripple’s issue with the SEC reaches a “white-flag” resolution.
Conversely, a new meme and DeFi coin, Cutoshi (CUTO), is raising eyebrows among retail and institutional investors as it showcases an excellent presale performance. Cutoshi could be set to hit $1 by Q1 2025. This prediction is particularly sparked by the potential Cutoshi has to disrupt the DeFi market.
Cutoshi Sees Huge Traction In Presale With Lucrative Farming Model And A DEX
Currently in its second presale stage, Cutoshi (CUTO) has gained huge recognition as the next breakthrough meme coin. This is because of its unique hybrid ecosystem where users can trade cryptocurrencies across multiple chains and also partake in peer-to-peer trading activities. Essentially the Cutoshi ecosystem embodies Satoshi Nakamoto’s Bitcoin core principles centered around decentralization, privacy, and monetary freedom.
In Cutoshi’s ecosystem, there is also a token farming mechanism that allows users to earn extra tokens by participating in community based quests and challenges.In addition to this, there is a learning hub dedicated to spreading DeFi knowledge across its community and beyond. This multitude of features positions Cutoshi as a pace setter in the meme coin market.
It is also important to note that Cutoshi’s cultural theme was inspired by the Chinese Lucky Cat widely known for wealth, success and good luck, thereby fostering a positive mindset among its users. Meanwhile, powering its operation is the native $CUTO token. The defamatory token facilitates transactions on its DEX and is currently sold for $0.022 in its second presale stage after rising by over 46% from an initial price of $0.015.
XRP Coin Poised To Reach $5 If Ripple’s Legal Issues Gear Toward A White Flag
The price of Ripple (XRP) coin has been in a prolonged consolidation period since Ripple Labs’ issues with the US SEC emerged four years ago. When the issue came about, the price of XRP coin sharply dropped from its peak of around $3.84 in early 2018 to below $0.30. While this killed the confidence of many Ripple holders, optimism is brewing that a potential rebound will surface soon.
Despite its noticeable decline below its monthly resistance of $0.590, as seen in the chart above, Ripple has made quite some progress in its legal battle against the SEC, giving the community hope that things might get smooth again. The current price of XRP coin has dropped by 11% in the past month.
However, a favorable outcome from the SEC’s judgment could bring fresh capital into XRP and push its price toward the $5 price mark. On the bright side, Ripple has been receiving positive momentum lately as BitWise recently filed for Ripple ETFs. Should these ETFs receive approval, Ripple network is bound to gain more exposure that would skyrocket XRP price.
Can Cutoshi Reach $1 Before XRP Hit $5?
Due to Cutoshi’s stance in the meme coin market and its extra potential to reel in DeFi adoption as soon it launches in the mainstream market, Cutoshi has potential to reach $1 before Ripple price reaches $5.
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