With ‘Uptober’ starting to enter full swing, traders are looking for the best tokens to invest in. According to a Coingecko analyst, Popcat, Ton, and Cutoshi have the best chances for major gains.
These tokens could see 10x returns this month.
Ton Shows Resilience After Telegram CEO Arrest
The blockchain network Toncoin (TON) has seen significant performance this year. Riding the wave of its integration with Telegram, TON attracted millions of users and substantial volume. Thanks to this utility, TON is among the best buys this month.
While TON has not seen major moves recently, it has shown resilience. TON suffered a setback after the arrest of Telegram’s CEO Pavel Durov. This is because TON was originally a Telegram project, which currently has deep integration with the app. If Telegram suffers due to Durov’s arrest, TON is likely to suffer as well.
Despite this, TON is still up an impressive 169.19% year over year, fuelled by its growing ecosystem. TON’s TVL is up from less than a million last year, reaching a high of $760 million in July. Now stabilized at the current level of $400 million, its ecosystem is showing impressive resilience. This sets TON up for major success soon.
Popcat Sees Impressive Growth
The viral memecoin Popcat is among the best-performing assets recently. In the last month, Popcat was up 86.48% This growth only compounds the impressive 7660.49% increase since its launch in January. What is more, there are signs that this could continue.
Solana-based Popcat is taking advantage of the meme coin wave. With all meme coins rising, its community is excited and increasing its holding. The sentiment is very positive, with 69% of the traders bullish on CoinMarketCap. According to Coingecko, this can propel Popcat to 10x, if Uptober lives up to its expectations.
However, there’s a question of how long can this growth go on. Popcat already has a market cap of $1.23 billion, and no real utility. This means that its growth will have to stop at some point, with traders losing interest.
For that reason, traders that are holding Popcat, and even those that missed out on its gains, are now looking for new major opportunities.
Cutoshi Wins Out With Real Utility
Cutoshi (CUTO) is a new memeFi token that blends meme coins with DeFi. Unlike Popcat, Cutoshi has real utility to back it up. The value of its token is tied to its DEX, which will use a portion of its revenue to burn it.
This creates constant buying pressure on Cutoshi, helping boost its price. At the same time, Cutoshi holders will be in charge of its entire DeFi ecosystem. This means that they have a real incentive to hold the token.
What Cutoshi has in common with Popcat is its lighthearted and memeable nature. With a cute mascot, Cutoshi has a shot at becoming a viral sensation. However, thanks to its utility, Cutoshi will be much more stable in the long run. It is also seeing overwhelming community support, with 92% of traders on its CoinMarketCap page saying they are bullish.
For this reason, traders Coingecko analyst expects Cutoshi’s presale price to go up from its current $0.015 to $0.15. Still, They also expect Cutoshi to go even beyond these 10x gains. Once Cutoshi is listed on major exchanges, it can 100x its value. But this opportunity is only for traders that get in early.
For more information on the Cutoshi (CUTO) Presale:
- https://cutoshi.com/
- Join and become a community member:
- https://twitter.com/CutoshiToken
- https://t.me/cutoshi
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
