Press Releases

Toncoin Price Prediction: Will Ton Reach $10? As Cutoshi Comes Out On Top In Presale Charts

Despite the crypto market picking up momentum, Toncoin’s price has recorded a monthly dip of over 5%. This dipping trend has not been sitting well with its investors.

The big question is whether or not Toncoin’s price will hit the $10 mark as it starts to showcase a slight upward trend.

All cryptocurrencies are susceptible to price dips from time to time. Despite this, a new meme coin known as Cutoshi is currently experiencing a strong upward momentum. The project stands out in stage two of its presale due to its built-in utilities. Moreover, Cutoshi’s recent CoinMarketCap listing could drive significant demand.

Cutoshi Aims At Capitalizing On The October Rally Its Recent CNC Listing

Cutoshi is a unique combination of the Bitcoin founder’s vision of blockchain technology and the inspiration of the Chinese Lucky Cat making it somewhat revolutionary. This has led the project to attract significant attention in stage two of its presale, which has already raised over $500K.

As such, Cutoshi’s focus is on creating a community-driven ecosystem where users will have decision-making power. At its core is the decentralized multi chain exchange and swapping platform, which aims to simplify asset swapping across chains whilst ensuring security and privacy, unlike centralized exchanges. Moreover, investors will also have the chance to earn additional rewards through the Cutoshi Farming, which involves completing quests and challenges. The project ecosystem also features Cutoshi Merch, which will help add more vibrance to its community and provide a lively yet fashionable means of dedication to crypto.

Currently, CUTO trades at $0.022, which reflects over 46% ROI to early investors. Its deflationary mechanism and a market cap of just 440M are set to bolster the tokens’ demand, triggering further value appreciation.

Will Toncoin Price Hit The $10 Mark?

Toncoin (TON) started as a favorite among many crypto enthusiasts. Nonetheless, the coin’s hype has faded with its recent price performance. Toncoin seems to have encountered significant obstacles of late, recording notable price dips.

Related Post

Source: TradingView

However, Toncoin’s price is slowly regaining its upward trend, trading around the $5.2 mark, representing a YTD surge of over 141%. The TON price has been trading within a defined pattern, offering a potential opportunity for accumulation. Moreover, horizontal and trendline support levels have also supported the token’s price, increasing the TON’s price likelihood of a potential rebound.

A bullish breakout in the coin’s RSI suggests an imbedding upward trend. Key support levels to watch are $5.28 and $4.98, and a resistance level of $5.62. A breakout above the $5.62 mark could see the coin retest its $8 price mark while aiming for the $10 mark.

Will Cutoshi Reach The $1 Mark, Or Will Toncoin Hit $10 First?

Toncoin has seen reduced momentum recently but its real world utility and market popularity keep this coin in good stead to reach the $10 milestone. Cutoshi’s significant growth and future developments put it in a strong position to hit the $1 mark in the coming year. Additionally, its token scarcity is set to drive massive demand, pushing its price higher with each presale 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.

Null Transaction PR

Null Transaction PR is a cryptocurrency marketing group responsible for article distribution across a myriad of news sites. If you're looking to advertise with us, contact us by email at contact@nulltransaction.com or visit our website.

Share
Published by
Null Transaction PR

Recent Posts

Best Altcoins to Invest in Today: Qubetics Sets the Stage for Blockchain’s Future as Bitcoin Hits $108K and Litecoin Soars

The cryptocurrency world has always been a hotbed of innovation, attracting both seasoned investors and…

4 hours ago

Dogecoin Millionaire Predicts This Undervalued Altcoin Could Match DOGE’s 2021 Gains

Dogecoin's 2021 rally was a historic one, turning ordinary investors into overnight millionaires. This magnificent…

5 hours ago

Qubetics Presale Skyrockets to $7.5M as XRP and Arbitrum Lead Best Altcoins for Exponential Returns

The crypto market is always evolving, with big names like Bitcoin and Ethereum leading the…

5 hours ago

Over 300K Users Actively Mine Crypto On BlockDAG’s X1 Miner App While BNB Bulls Eye $3K; What’s XRP’s Price Target?

The crypto market is ablaze with excitement as altcoins like XRP and BNB make major…

6 hours ago

Best Crypto Presale To Buy Now: Rollblock Delivers For Holders With New License, Record Sign Ups and 7000+ Games

Rollblock is quickly becoming the best crypto presale to buy, delivering unmatched value for its…

9 hours ago

Polkadot And Uniswap Gearing For Post-Christmas Jump As Rollblock Raises $7.4 Million in Presale

While Rollblock's continues its crypto presale, with its value increasing regularly, Polkadot (DOT) and Uniswap…

10 hours ago