DeFi Tokens Are Proving To Be The Next Profit Magnets As Crypto Traders Buy Solana, Monero and Cutoshi
The ‘Uptober’ rally is on track to be the biggest crypto milestone in 2024. Traders and investors are accumulating their holdings to hop on the top tokens tipped for profits this month. And, as usual, there’s quite the list already. Solana (SOL), Monero (XMR), and Cutoshi (CUTO) are some of the coins tipped to round up the year on profits, and they are at the forefront of the bull run.
The crypto new space has been bubbling with comparisons between Solana (SOL) and Ethereum for the past two weeks, as many analysts think the SOL token seems to be finally taking on its role as the ‘Ethereum killer.’
Banks have tipped Solana (SOL) for massive gains in the future for various reasons, and now we have Standard Chartered delivering its own analysis. The bank has predicted that Solana (SOL) could do a 5x spike if Donald Trump wins the US presidential elections.
The Global Head of Digitally Assets, Geoff Kendrick, says he thinks the Solana ecosystem will be better off with Trump in power. The SOL token is currently priced at $141.08 as it consolidates for the incoming rally.
The XMR token has maintained its top altcoin status for over a decade amid the regulatory clampdown in various countries that have frustrated Monero’s use case. The token is a privacy cryptocurrency that maintains strict policies on anonymous transactions and asset security, and many regulatory agencies don’t like the mode of operations.
Now, there’s a new wave of delisting that has hit the Monero (XMR) network too. Binance and OKX have delisted their privacy coins, and Kraken announced that it will delist the XMR token in the European Economic Area.
Despite the recent developments, Monero (XMR) is trending 5% at the moment. The Monero (XMR) is worth $152.08, and with the activity on DEXs, XMR will still be in high demand.
Cutoshi (CUTO) is coming to stand in the gap and fix the reputation of meme coins by bringing charm and utility to the Defi space. The project combines the theme of the legendary Chinese Lucky Cat with the legacy of Satoshi Nakamoto’s blockchain vision in an attempt to create a community of users who are enthusiastic about meme culture.
First, the project attempts to solve the age-long problem of interoperability. The Cutoshi (CUTO) project will feature a DEX where users will be able to carry out cross-chain asset swaps with ease and without leaving the platform.
Also, Cutoshi places a high premium on community. The project features a learning academy where newbie investors can learn the ropes of DeFi. To further demonstrate its community agenda, the Cutoshi (CUTO) project spots a farming feature where users can accumulate CUTO tokens by completing tasks.
Analysts have highlighted Cutoshi’s blend of Defi and meme cultures as a unique feature that could drive it to the top of the crypto pyramid. There are hushes around expert circles that the CUTO token could spike by as high as 10,000%, way better than SHIB.
Solana (SOL) and Monero (XMR) traders might be gaining on their charts, but the potential of CUTO tokens is pulling investors in from all over the crypto market. The tokens are in stage 1 of presale, selling at $0.015 each, but not for much longer. Now’s the time to accumulate your CUTO coins–get yours now before Cutoshi progresses to the next stage.
For more information on the Cutoshi (CUTO) Presale:
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.
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