As October kicks off, there has been calm in the market despite some coins presently in the dip. However, this is not the case with Sui, which has become the first layer 1 project to run SCION. This latest development is expected to enhance Sui’s security and transparency.
Aside from Sui, analysts have picked another meme coin that could lead the market rally. Cutoshi, which has been exceeding expectations at presale, is tipped for a massive rise in Q4. Backing the DeFi project is a robust ecosystem designed to solve major issues in DeFi such as asset bans, interoperability, etc, following the core DeFi principles.
Cutoshi Poised for a Significant 1000x Price Increase in the Coming Weeks
While meme coins like Pepe and Dogecoin have already established their dominance in the market, Cutoshi is about to displace them. Cutoshi is backed to succeed as it offers more than hype. The project follows Satoshi Nakamoto’s core principles, which are decentralization, privacy, and monetary empowerment. With the success experienced at the stage 1 presale, this project is one to watch out for in Q4.
Cutoshi offers a multi-chain decentralized exchange (DEX), which enables traders to swap their assets seamlessly across different blockchains. This feature will ensure a cheaper and more secure transaction for users on the Cutoshi ecosystem. Aside from the DEX, there is Cutoshi Farming.
On the farming protocol, users can take part in quizzes and challenges and get rewarded. This fosters community engagement and interaction. Those who seek more knowledge about DeFi and crypto can take advantage of the Cutoshi Academy to learn about crypto market trends and DeFi in general.
Powering the ecosystem is the CUTO token. It performs various functions such as governance, payment mode, amongst others. Outside having a deflationary mechanism, its supply is capped at 440M, ensuring price stability and value growth in the future. At a price of $0.015, this is the best opportunity to invest in a coin that is projected to lead the October market rally.
Crypto Analyst Confident in Sui’s Growth Potential
Sui (SUI) has been trading against market forces for some time, going upward until it was rejected at the $2 resistance level. Although the Sui price gained 125% in the past month as per CoinMarketCap , it plunged 8% some days ago. Also, the Sui Market cap is down by 7% but is expected to soar soon.
Top crypto expert Crypto Bullet, while observing Sui price chart in the past week, made some comments on X. The analyst believes the strength of Sui shows that nothing can deter its movement. With Sui crossing $1B in Total Value Locked and flipping Polygon and Avalanche, the lowest the analyst sees Sui going is $1.4.
Meanwhile, the market is looking extremely good for the Sui coin, as it has a bullish sentiment. Also, Sui is currently trading far above the 50-day and 200-day SMA, which means there is a high chance of a rebound and possibly a continuation of its rally. With a remarkable 21 green days in the past month, top analysts pick Sui among the tokens that will lead the Q4 rally.
Which Cryptos Are on Track to Hit 1000x Returns Soon?
October is expected to bring huge returns for smart traders. With the market tilting to the bulls, smart investors are building their portfolios with high-potential tokens. With Sui and Cutoshi showing clear signs of a rally, now is the best time to accumulate them. With CUTO, you dont need high liquidity to join the presale.
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