Amid the crypto market resurgence, analysts have started making favorable predictions on top altcoins. A few days ago, Standard Chartered Bank projected that Solana could soar significantly on Trump’s presidency, with popular analysts like ‘The Moon’ with over 1.5M followers on X, hinting at Solana’s upcoming rally.Â
Meanwhile, Pepe Coin has broken through a crucial zone, hinting at a market rally. At the same time, Cutoshi has continued to attract investors’ interest in the ongoing presale. Driven by the quest to link DeFi and meme coins together, Cutoshi is projected to see more adoption with analysts estimating high rallies in October.Â
Market Analyst Forecast Cutoshi Price To Rise In October
Driven by the mission to link DeFi and fun meme coins together, Cutoshi has attracted institutional investors who are accumulating the meme coin in presale. Unlike other meme coins like Popcat that thrive on hype, the Cutoshi native token CUTO holds strong utility in the Cutoshi ecosystem.Â
The Cutoshi educational platform is one of the features of the ecosystem designed to enhance users’ understanding of the DeFi market and the general cryptocurrency market. Also, there is a Farming mechanism in which users who complete epic quests are rewarded in the form of CUTO tokens. With that said, CUTO token demand is set to rise, which will lead to huge rallies.Â
Another interesting tool is the non-custodial multichain DEX exchange. This DEX is designed to bring blockchains together and allow for easy swapping of digital assets, solving security and transparency issues with blockchains. Notably, the project follows Satoshi Nakamoto’s original vision for blockchain technology, which is privacy, freedom, and monetary empowerment for the masses.Â
Inspired by the traditional Chinese Lucky Cat, which is believed to bring wealth and fortune to people, Cutoshi’s overall aim is to bring luck, prosperity, and wealth to your digital assets. Early investors who joined in the stage 1 presale have already received 46% ROI with the ongoing stage 2 presale rate at $0.022. $1 projections by early 2025 seem very realistic.
Will Pepe Price Set New ATH In Q4?
Pepe, the popular Ethereum-based meme coin, has performed excellently in 2024. For context, Pepe’s price has gained over 1400% in the YTD price metrics based on data from CoinMarketCap. Also, Pepe’s market Cap has surged from less than $100M at the beginning of 2024 to over $4.3B as of October. This shows the meme coin’s high growth potential.Â
According to ZAYK Charts, an analyst on X, Pepe Coin is on the path of a bullish breakout, which, if successful, will trigger another round of massive rallies. While Pepe Coin’s price is 39% below its ATH of $0.00001718, the rising Pepe trading volume could trigger an uptrend soon.Â
Going forward, Pepe is trading above the 50-day and 200-day SMA in both the daily and 4-hour time frames. Over 20 key market indicators are bullish, with the MACD also in the buy zone. If the altcoin is able to bypass the next resistance at $0.00001138, it could mount a challenge at the $0.00001718 ATH in the coming weeks, making it a promising meme coin to watch out for.Â
Solana Topples Ethereum In On-Chain Volumes As TVL Surges
Solana, the self-acclaimed Ethereum killer, has trumped Ethereum in the weekly on-chain trading volume, as per a report by Wintermute. According to the report, Solana’s on-chain volume hit a staggering $51B, trumping Ethereum’s $46B. This is coming as the overall weekly on-chain trading volume across cryptocurrencies spiked by 50% to $39B.Â
Meanwhile, Defillama stats show that Solana’s total volume locked (TVL) has exceeded $6.1B, signaling increasing user trust and engagement in the platform. This record marks the first time since January 2022 that the TVL of assets deposited by users on the platform has hit such a height.
Going forward, Solana’s price is on the path of breaking the $160 major resistance zone. A successful breakout could push the Solana coin price to $180, with a potential $200 mark on the horizon. So far, both the Solana market cap and trading volume are in the uptrend. With Solana already flipping the 50-day and 200-day SMA, the ongoing rally could extend for weeks.Â
Solana vs Pepe vs Cutoshi – The Altcoin To Invest For Future Gains
Based on stats, Solana and Pepe could extend their ongoing market rallies. However, while both could offer significant gains, they may not match Cutoshi, which is already projected to follow the path of popular meme coins. Backed by a fantastic trading exchange, the demand for CUTO tokens could rise in the coming weeks, which will trigger more rallies.Â
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