The next crypto bull run remains highly anticipated as several analysts are scouring for altcoins with the potential for unprecedented price pumps. After so many speculations already made, analysts are finally predicting that these altcoins will follow a bullish momentum: Cardano (ADA), Bitcoin Cash (BCH), Turbo (TURBO), and Cutoshi (CUTO).
While most of these altcoins are already established with significant traction in the market, Cutoshi is only a newcomer, still in the presale market. However, due to its peculiar hybrid MemeFi ecosystem, this new gem is already set to knock over top meme coins in a 100x rally, especially putting into context its recent listing on CoinMarketCap.
Cutoshi Sets To Lead Meme Coin Gains As Its Platform Draws Massive Attention
Inspired by Satoshi Nakamoto’s Bitcoin’s core principles of decentralization, privacy, and monetary power, Cutoshi pioneers a new meme-backed DEX platform with extra DeFi features aimed at educational and lucrative activities. Meanwhile, Cutoshi didn’t sacrifice its cultural element, taking inspiration from the popular Chinese Lucky Cat known for good luck. This helps to foster a positive mindset among community members.
In particular, the Cutoshi DEX platform allows users to swap crypto assets across different chain networks. There’s also a farming mechanism where users can partake in community challenges and quests to win token rewards as well as complementary NFTs. Even better, Cutoshi takes a bigger DeFi-oriented step by integrating a learning academy in its ecosystem, specifically created to help propagate DeFi awareness.
Owing to its surging interest as a hybrid meme coin project, Cutoshi has successfully pulled almost $500k in its second presale stage. At the moment, the native $CUTO token is selling for $0.22 after securing a 46% ROI for early investors who bought the token when it was initially sold for $0.015 in the first presale stage. This positive price outlook, coupled with the token’s deflational attributes, sets Cutoshi up for exponential growth.
Cardano Price Consolidates To Lower Levels As It Sets For A Huge Price Resurgence
After falling from its highest price mark this year, just like most other top coins in the market, Cardano (ADA) mirrored a gradual fall to lower levels. To be precise, the price of ADA has dropped to a weekly price range of $0.3397 and $0.3696 from $0.77. Currently, ADA price is struggling to maintain a bullish trajectory as its monthly chart reflects a merely 4% increase as seen below.
Contributing to this sluggish momentum, Cardano network volume just recently dropped by over 9%. However, considering its active involvement in the DeFi market, Cardano price is set to see a revival in its network activity again, especially in the event that the next bull run takes place sooner.
As a superior DeFi giant with over $12B in market capital, the native ADA token is predicted to potentially lead top gains in the DeFi market especially as a potential recovery lurks after this current downward consolidation.
Bitcoin Cash Token Eyes $500 As It Take A Bullish Swing Above $360
Since early July, Bitcoin Cash (BCH) token has been relatively stable, trading with minimal price fluctuations. This stability was particularly evident following a bounce on August 5, which kept the price of BCH fluctuating between $290 and $366.
Additionally, Bitcoin Cash token has surged in value recording a nearly 18% monthly rise and over 13% weekly gain. Currently, BCH price has tested a weekly high of $376, after fighting to price back up from its $323 resistance level as seen in the chart below.
Meanwhile, Bitcoin Cash token is receiving positive sentiment and increasing interest at the moment as its moving averages on TradingView signals a very strong buy. This could mean an imminent resurgence for Bitcoin Cash price.
Turbo Coin Ranks Among Top Altcoin Gainers As It Makes ATH
Having secured over 106% gains in the past month, Turbo (TURBO) coin stands as the highest altcoin gainer in the past month. As a relatively new meme coin, Turbo coin still holds a bullish momentum for the year as its price just reached its highest level three days ago at $0.01318.
As seen in the chart above, most of the gains TURBO coin experienced before it attained an all-time high which was brought on by its weekly rise of over 59%. This surpasses its last ATH recorded at $0.00945 in May 2024.
While TURBO price has slightly consolidated below its new ATH, falling by 4%, analysts are optimistic about the mene coin’s potential to rank among top altcoin gainers this year. With its moving averages indicating a strong buy signal, investors are increasingly adding TURBO coins to their portfolio, while anticipating another ATH for Turbo price.
What Potential Does Cutoshi Have For Greater DeFi Gains Compared To Cardano, Turbo And Bitcoin Cash?
Cutoshi has a strong chance of surpassing Cardano in the DeFi space due to how it blends meme culture with educational and lucrative DeFi elements. In essence, Cutoshi attracts users who want to learn about DeFi while also making money. But this meme coin is more likely to experience exponential gains because of its fresh and untapped market potential.
Additionally, features like cross-chain swapping and reward-based challenges signal a more engaging experience for users. With its progressive presale and rising interest from investors, Cutoshi could become a serious player in the DeFi market, potentially providing greater returns than Cardano, Bitcoin Cash, and emerging cryptocurrencies like Turbo.
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