Popular altcoins such as Brett and Cardano are showing strong upswings in the market with high expectations of massive rallies soon. The ongoing Cutoshi presale has continued to exceed expectations, with over $600K raised within a few weeks of starting the presale. With the recent CoinMarketCap listing, Cutoshi’s price is expected to surge high soon.
Cutoshi Is Shaking Up The Meme Coin Market With Extraordinary DEX Feature
The past few weeks have seen a massive influx of investors toward the Cutoshi project, driven by the robust ecosystem. The amount raised in a short time suggests growing demand for the CUTO token. The recent CMC listing is projected to trigger more rallies, which could push the CUTO price close to the $0.1 mark.
The limited total supply and the deflationary mechanism could create scarcity in the coming weeks.Given its strong utility in the ecosystem, the Ethereum-based meme coin might topple Solana meme coins sooner than anticipated.
Meanwhile, CUTO is more than a meme coin. It is used for transactions on the Cutoshi Academy, an educational platform designed to broaden users’ knowledge of DeFi and the crypto market. The token is also used for trading discounts in the Cutoshi DEX, a non-custodial multi-chain DEX that allows for seamless swapping of digital assets across multiple blockchains.
There is also a Cutoshi farming protocol in which active community members are rewarded with coins that can be redeemed for CUTO tokens. As a project, Cutoshi is based on two ideas—the traditional Chinese Lucky cat, believed to bring wealth to people, and Satoshi Nakamoto’s teachings on blockchain technology, which are decentralization and financial freedom.
Brett Price Forecast: Can BRETT Hit $1 By 2024?
Brett (BRETT) is a popular meme coin on the Base network that has seen a positive uptick in the past few weeks. Although Brett’s price suffered a 4% decline in the past week, the meme coin has gained 164% in the YTD price metrics. With Brett’s market cap surpassing $1B in the past day and the rising market activity, the coin could be set for a massive upswing.
Source: CoinMarketCap
On Chain Rambo, an astute market analyst on X, is extremely bullish on the meme coin. After studying Brett’s market performance, the expert thinks a new ATH for Brett is close. Rambo based the Brett price prediction on current market conditions and the coin’s position in the base chain.
According to Tradingview, Brett is currently trading above the 50-day and 200-day SMA in the 1D and 4-hour timeframes. However, the market sentiment is neutral, while the RSI is 50, suggesting it is not yet in the overbought zone. With over 18 market indicators flashing bullish signals and the growing market activity, Brett will likely retest the $0.15 mark in Q4.
Bitcoin Collaboration Could Push Cardano To New Heights
Cardano (ADA) is enjoying a good run in the market with growing bullish momentum. However, Cardano could witness more rallies with the recent Cardano news. According to Cardano founder Charles Hoskinson, the Cardano network has joined the Bitcoin ecosystem thanks to BitcoinOS, with Charles set to relaunch the Bitcoin education project in 2025.
In response, BitcoinOS announced Cardano’s integration into the BOS Grail bridge, making Cardano the first top-layer 1 blockchain to be part of the BOS infrastructure. This will open the Cardano network ecosystem to the huge liquidity on the Bitcoin network.
According to CoinMarketCap data, Cardano trading volume has surged by 43% in the past day, with the market cap hitting over $12B. Decode, a crypto analyst on X, projects the Cardano price to hit $5 in the short term and $16 in the long term. With the recent news, the ADA token price might surpass $3.10 ATH in the coming weeks.
Source: Decode on X
What Are The Hidden Gems In The Crypto Market Worth Buying Now?
With Bitcoin’s bullish moves, Cardano and Brett will experience massive rallies in the coming weeks. The positive news is that these coins are under $1, making them easier to accumulate. Cutoshi’s currently presale stage, with its unique features, could bring in huge upside potential for its early investors.
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