Solana Coin Has 100M Active Wallets, Great News For Emerging Crypto Hot Shot Cutoshi As The Market Continues To Grow
The post Solana Coin Has 100M Active Wallets, Great News For Emerging Crypto Hot Shot Cutoshi As The Market Continues To Grow appeared on BitcoinEthereumNews.com.
According to Artemis Terminal, Solana’s monthly active address count has soared past 100 million, marking a new all-time high for the network. Moreover, it surged more than 600% last October after breaking the 300-day accumulation. This was a strong entry signal for other currencies plus emerging ones like Cutoshi (CUTO), indicating that the broader cryptocurrency market is growing. Additionally, on October 23, the SOL price hit a new all-time high against Ethereum, reflecting increased retail traders’ interest in the altcoin. With its hybrid protocol, Cutoshi is expected to witness massive adoption, potentially positioning the project to mirror Solana’s price trajectory. Cutoshi’s Hybrid Exchange Draws Investors Cutoshi continues to witness massive traction at its presale due to its unique ecosystem that transcends the nature of meme coins. Essentially, it draws inspiration from the Chinese Lucky Cat and Bitcoin founder’s teachings . With this, the project aims to tokenize good fortunes and bring them into the blockchain and, in the same light, champion decentralization. To achieve these objectives, Cutoshi will introduce a hybrid ecosystem with superior features. These include a hybrid exchange protocol, allowing users to swap crypto assets and trade across multiple blockchains, resolving interoperability issues. It will also feature a token farming protocol. Here, investors will participate in challenges and quests to earn more token rewards, ultimately fostering an engaging community. These, coupled with a learning academy, Cutoshi merch, and NFTs, have positioned it to outperform popular Solana-based meme coins. What’s more interesting is that early adopters have already recorded 46% ROI as CUTO has surged to $0.022 from its initial offering of $0.015. This means the token has a lot of upside potential for early investors joining the CUTO community. Solana Price Hits New All-Time High Against Ethereum Solana continues to extend its positive price outlook, trading around the…
Filed under: News - @ October 26, 2024 9:11 am