Whales Are Betting Big On These Three Coins, Is A Price Rise In Sight? Solana, Bonk And Cutoshi
The post Whales Are Betting Big On These Three Coins, Is A Price Rise In Sight? Solana, Bonk And Cutoshi appeared on BitcoinEthereumNews.com.
Sentiments surrounding meme coins have soared in the last couple of weeks, driven by their high return on investment. Onchain market tracker Lookonchain data has shown how smart whales made fortunes trading meme coins, triggering massive investment inflows. Among the cryptos that whales are betting big on in Q4 are Solana, Bonk, and Cutoshi. While Solana is witnessing a series of partnerships, Bonk is showing signs of a major breakout. Cutoshi, on the other hand, is witnessing a massive inflow of investors in the presale. Based on the performance so far. Cutoshi MemeFi Approach Appeals To Whales Following Bitcoin founder Satoshi Nakamoto’s teachings on blockchain technology, which include privacy, decentralization, and financial freedom, Cutoshi is developing an ecosystem that follows key DeFi principles. With issues of privacy and interoperability dominating the challenges investors face, Cutoshi is developing a multi-chain DEX that will solve the problem. The Cutoshi DEX is designed to connect blockchains and allow for easy swapping of digital assets. The project is based on two principles, decentralization and financial freedom. Inspired by the traditional Chinese Lucky Cat, believed to bring luck to people, Cutoshi aims to bring luck and wealth to investors’ digital assets. The ecosystem has other important tools, like an educational platform developed to broaden users’ understanding of DeFi. Cutoshi farming is aimed at rewarding active community members who engage in quests and other activities. So far in the presale, the token has been listed in CoinMarketCap, boosting its visibility. Barely a month into the presale, the team raised over $600k, an indication of its market acceptance. With the growing momentum and increasing whale accumulation, the CUTO token is expected to hit 40x in Q4. At $0.022, with the limited total supply and the upcoming CoinGecko listing, the CUTO price will likely soar soon. Solana Market…
Filed under: News - @ November 2, 2024 10:50 am