With the crypto market entering one of the most bullish phases of the cycle, many projects appear ready for the next leg up. Ripple (XRP) and Cardano (ADA) in particular have seen significant rebounds after months of uncertainty.
However, a low-cap newcomer could outperform them both with its unique blend of meme coin energy and DeFi utility. Cutoshi could become the next big gainer.
Is Ripple Ready To Rally?
Over the past few days, Ripple (XRP) bounced back after retesting the $0.49 support, rising and settling around $0.70. Ripple’s current price action is a reflection of the renewed bullish sentiment that has gripped the market after Donald Trump’s election victory. But will this momentum be enough for Ripple to finally break out of its range and rise to new heights?
For starters, Donald Trump’s presidency is expected to be very pro-crypto, as per his own words, which should lead to regulators easing off their grip on Ripple and other cryptocurrencies. Additionally, last month Ripple launched its native stablecoin RLUSD, which is already seeing significant usage, broadening Ripple’s appeal as its utility increases. Moreover, crypto analyst EGRAG CRYPTO has noted that Ripple has practically bottomed out against Bitcoin, meaning that when Bitcoin soars higher, it should positively impact Ripple’s price.
Cardano Tears Through Resistance, What’s Next?
After months of underwhelming ranging action around the $0.35 mark, Cardano surprised everyone by skyrocketing by 25% over the last few days. Today, Cardano sells for $0.57 with a 6% intraday increase. Investors have been betting heavily on Cardano, as reflected by the remarkable 184% surge in volume with over 1.34Â billion worth of ADA traded in the last 24 hours.
Recently, Cardano’s team detailed a major upgrade in a blogpost. This Cardano upgrade is directly aimed at improving various facets of its core technology, including the further expansion of decentralization and community governance.
Cutoshi Is Taking The Meme Coin Market By Storm
Cutoshi is set to disrupt both meme coins and DeFi space, with its cutting-edge framework. Inspired by the Lucky Cat, Cutoshi blesses its community with an intriguing reward system that incentivizes user engagement and long-term holding.
CUTO DEX is Cutoshi’s flagship feature. This is a cross-chain exchange that allows users to instantly trade assets across all major blockchains with low fees. Hundreds of investors have already taken notice of Cutoshi’s potential and the presale numbers show skyrocketing demand with more than $800,000 raised in record time.
CUTO FARM, a reward mechanism, is now live and users can complete various tasks and missions to help Cutoshi in his quest to become the hottest meme coin of this cycle. For their efforts, they will receive CUTO points which can be redeemed for $CUTO once the token launches. In addition to this, they will also be able stake the $CUTO token for a new passive income stream.
Stage 3 of the viral $CUTO presale is live, and tokens are on sale for only $0.0259. This is a prime entry point for investors eager to join the DeFi-driven meme coin revolution. Early buyers have already seen gains since the start of the presale, and Cutoshi is poised to potentially outperform both Cardano and Ripple once the bull market is in full swing.
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