With the bull cycle approaching, crypto traders are moving their assets to Ethereum, which is back in the accumulation phase a few weeks after experiencing dumping. Ash Crypto, a popular crypto trader with over 1.2M followers on X, thinks Ethereum’s price will reach $10k soon.
Following the positive predictions, investors are diversifying to Ethereum-based cryptos such as Worldcoin and Cutoshi. The Cutoshi presale has been a success so far, with over $500k raised in a short time.
Cutoshi Projected To Outrank Solana-Based Coins In Q4
Cutoshi is an innovative Ethereum-based coin that is set to dominate the market. Inspired by the traditional Chinese Lucky Cat, believed to bring luck and fortune to people, and Satoshi Nakamoto’s vision for blockchain technology. Cutoshi is developing an innovative DeFi hub, fun meme coin, and robust ecosystem. The project follows core DeFi principles of privacy, security, anonymity, and monetary empowerment for the masses.
The Cutoshi multichain DEX is one of the ecosystem’s vital tools, ensuring seamless swapping of digital assets across multiple blockchains. The farming protocol rewards active community members who engage in quests with points that can be redeemed for CUTO tokens.
Cutoshi’s recent listing on CoinMarketCap has showcased the team’s mission of boosting the CUTO tokens visibility. Cutoshi has a limited 440M supply with deflationary mechanisms put in place to stabilize the price.
Crypto Analyst Projects Solana Price Retracement
Solana (SOL) has been unable to break past the $160 mark since August. However, investors are confident that October could be the month when the Solana coin will explode. One of the factors driving this optimism is that Solana is trading above the 50-day and 200-day SMA presently, a signal of an upcoming market rally.
Meanwhile, while looking at the Solana 4H chart, Crypto Patel, an expert on X, observed that Solana is consolidating within key support and resistance zones. With the Solana price already rejected at the major $160 resistance trendline, the altcoin will likely retest the $136 support zone before bouncing back, as per the expert.
Source: Crypto Patel on X
Solana coin is still holding on to the $150 support zone with bullish market sentiment. A study of the daily Solana chart shows the RSI is at 53, which is not yet in the overbought zone. Over 18 technical indicators are flashing buy signals, with Coincodex projecting a rise to $173 soon.
Can The Upcoming Rebranding Push Worldcoin (WLD) Beyond $10 In Q4?
Having faced privacy and security concerns in recent months, OpenAI CEO Sam Altman’s controversial crypto project has announced a major rebranding to World Network less than a year after missing its 2023 sign-up target by a huge 99.4%. The recent Worldcoin news linked the rebranding to the mission of following the core project’s aim of offering every human digital passport.
While announcing the new version of the world’s controversial iris-scanning ‘orb’ device powered by the Nvidia Jetson chip, Altman revealed that this new generation of biometric boo-hockey is apparently “five times” more powerful and promises enhanced privacy and security features.
Meanwhile, Worldcoin price has reacted positively to the news, with CoinMarketCap data showing an 18% gain in the past week. According to crypto analyst Tornado, the Worldcoin price will witness a slight correction towards the $1.97 mark before rebounding toward $4. Although the Worldcoin market sentiment is neutral, if the rebranding is successful, it could hit $10 soon.
Source: Tornado on X
Which Coins Are Worth Investing In 2024?
With whales resuming the accumulation of Ether coin, Ethereum-based cryptos like Cutoshi and Worldcoin could see their adoption skyrocket in the coming weeks. Cutoshi’s recent CMC listing has added credibility to their project.
For more information on the Cutoshi (CUTO) Presale:
https://cutoshi.com/
Join and become a community member:
https://twitter.com/CutoshiToken
https://t.me/cutoshi
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
