Solana has experienced a mixed performance throughout the second half of 2024. After an initial surge early in the year, Solana met resistance at $200 and has since fluctuated from $125 to $150.
However, with SOL rallying over the past week experts believe that a rebound is on the way. While this could rebuild Solana’s momentum, experts believe that Bonk and Cutoshi could steal the limelight.
Analysts Predict A Rally To $290 For Solana
Renowned crypto analyst Crypto General recently took to X to express a bullish prediction for Solana going into 2025. According to the analyst, Solana is “performing as expected” and could reach $290 during the next bull run.
Currently, Solana is trading at $181.12 following a 15% monthly increase. This bullish momentum has pushed SOL towards a key resistance at $193 and Solana’s daily trading volume has increased by 38% in the last 24 hours. With trading volume now closing in on $4 billion, Solana is in an extremely strong position going into November, with some experts predicting a rally to $200 within the next week.
Is Bonk Preparing For An All Time High?
As Solana starts to rebound, Bonk also gains momentum. In the last 24 hours, Bonk’s price has increased by 5% taking Bonk to $0.00002183. This has triggered a trading surge, with Bonk’s daily trading volume increasing by 70% to $160 million.
Despite this sudden increase, Bonk’s price is down by 6% over the last month. This follows a market-wide meme coin decline, during which several major meme coins crashed by over 10%.
Nonetheless, with the Bonk community buying more tokens, Bonk appears to be on a bullish trajectory heading into November.
Can Cutoshi Steal Solana’s Limelight?
Cutoshi is shaking up the meme coin market with its fun theme and innovative applications. Inspired by the Chinese lucky cat, Cutoshi aims to empower the meme coin community with a meme project offering more than just hype. Its DeFi ecosystem is already gaining traction with several features receiving praise from DeFi investors.
Cutoshi introduces an innovative decentralized exchange. The platform lets investors trade assets across blockchains with extremely low fees and fast transaction times, allowing for a seamless user experience and maximum returns.
Cutoshi is looking to educate new investors through the Cutoshi Academy. The academy is designed to teach investors the basics of investing and DeFi. Through engaging material, they can learn about DeFi and how to build long-term wealth through DeFi.
In addition, Cutoshi also offers several passive income opportunities. Investors can stake the project’s utility token ($CUTO) for rewards or complete challenges as part of the Cutoshi presale. By completing challenges investors can earn points which can later be converted into additional $CUTO tokens.
Cutoshi is currently in stage two of its presale with $CUTO tokens selling for $0.022. With the meme coin market rebuilding momentum, Cutoshi is in a strong position to see significant rallies before the end of the year. The project’s fantastic utility, unique theme, and long-term applications make it a strong candidate to become a top meme coin next year and as a result, early adopters are expected to make significant returns.
For more information on the Cutoshi (CUTO) Presale: Cutoshi’s Website
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