The internet recently went crazy at the news of Solana (SOL) hitting a golden cross, which suggests a possible start of a bull run. While this comes a few days to the U.S. election where many are anticipating a more crypto-friendly Trump administration, several other altcoins are also showing signs of a possible uptrend.
Notably, Popcat (POPCAT) and fast-rising presale star, Cutoshi (CUTO) are teasing enormous gains in the meme coin market. Meanwhile, Cutoshi particularly exhibits more profit potential following its recent listing on CoinMarketCap, as well as its ongoing Halloween bonus which offers participants a 20% discount on every token purchase.
Cutoshi Named Next Breakthrough Meme Coin Due To DeFi Initiative
Cutoshi (CUTO) is starting to gain wide attention following its rapid advancement in its presale. However, beyond its current progress, Cutoshi has disruptive potential, signaling as the next meme coin to challenge the likes of Dogecoin, Popcat and Shiba Inu. The Ethereum-based crypto project champions Satoshi Nakamoto’s Bitcoin core principles of decentralization, privacy and monetary empowerment.
So far, Cutoshi has successfully accumulated over $650k in its presale, with more investors rushing to secure their spot in its lucrative MemeFi platform. Notably, Cutoshi houses a DeFi hub that features a DEX platform for cross-chain transactions. This, coupled with its staking protocol and farming mechanism alongside a well structured DeFi Learning Hub has positioned Cutoshi for an unprecedented growth in the DeFi market.
Meanwhile, its logo tribute to the Chinese Lucky Cat known for wealth and good luck, encourages users to maximize their earnings via community-based quests that offer users free $CUTO tokens and rewards. Currently, the native $CUTO tokens that powers Cutoshi’s operation, sells for $0.022 in stage 2 which is over 87% sold out. This positive trajectory has prompted a massive inflow of buys as a price increase is coming.
Popcat Price Maintains Bullish Momentum All-Year Round
Popcat (POPCAT) has enjoyed a very progressive price trajectory in the past year, and the recent upsurge is indicative of a continued trend. In the past week alone, the POPCAT price surged by over 25% from a weekly low of $1.33 to reach a peak level around $1.79.
Although it has since retraced to a current level around $1.59, POPCAT price still reflects a generally bullish outlook as seen in the weekly chart below. Meanwhile, the recent upsurge contributes significantly to its over 60% monthly gain.
This positive monthly outlook further adds to POPCAT token’s year-to-date price gain which now reflects over 9,700% increase so far. Furthermore, the current trend is expected to continue throughout the last quarter of the year as POPCAT’s technical analysis, including moving averages points at a strong buy.
Solana Price Trajectory Signals Imminent Bull Run
Just recently, Solana (SOL) day-chart was seen forming a bullish Golden Cross pattern, which is typically seen as an indicator of upward momentum. Usually, this indicator is formed when the shorter moving averages (below the 50-day) trend line crosses long term moving averages.
As seen in the chart above, Solana’s long term moving average (orange) can be seen crossing the medium-term support (green). Similarly, the medium-term resistance (red) and support (green) levels are converging towards each other, which also points towards an imminent uptrend.
While the bullish projection is yet to materialize, SOL price is seen trading below the $170 price mark which somehow casts a shadow of doubt on its bullish tendency. Regardless, SOL token’s moving averages indicate a strong buy, which has helped token holders maintain optimism, especially as the U.S. election approaches.
Can Cutoshi Lead Solana-Based Popcat In The Next Meme Coin Rally?
Although Popcat has enjoyed a progressive price trajectory since launch, Cutoshi holds far more profit potential. This is largely due to Cutoshi’s diverse market appeal and fully-functional ecosystem. Unlike Popcat which lacks genuine utility, Cutoshi’s DeFi integration is set to drive continuous traction to the native CUTO token.
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