In the journey toward exponential prominence, the Cutoshi meme project has recorded a significant milestone with its listing on CoinMarketCap. This has added more momentum to the growing potential of the project and sets it on the path toward gaining 40x in the coming months.
Meanwhile, Cardano (ADA) and Tron (TRX) have recorded varying price trajectories which has led to favorable predictions on the altcoins. Let's look at these projections below and the project's market outlook.
Since the latest listing of Cutoshi (CUTO) on CoinMarketCap, the token's presale has seen a huge spike in interest. This has seen it surpass the $500,000 milestone in presale funding. As the Cutoshi community and token value continue to grow, the project has been primed for more listings onto crypto platforms like CoinGecko.
Since the start of its presale, the Cutoshi project's soaring potential and strong utility have been evident. Early investors who bought in stage 1 have gained 46% returns as the CUTO price increased from $0.015 to the current $0.022. Given the deflationary feature with a buy-and-burn mechanism and the limited total supply, CUTO could hit $1 in 2025.
Cutoshi will house a multi-chain DEX that facilitates cross-chain asset transactions for the lowest possible fee. There is also a yield farming protocol designed to reward the community through active participation in quests and tournaments
There is also a bespoke academy that enlightens members on DeFi literacy, among other topics. Inspired by the traditional Chinese Lucky Cat believed to bring luck and wealth to people and Satoshi Nakamoto's principles for blockchain technology, Cutoshi aims to bring luck, wealth and prosperity to investors' digital assets.
Since the start of Q4, Cardano (ADA) has struggled to maintain any significant uptrend momentum, resulting in the token gaining only 2% within the last 30 days. Similarly, Cardano's market cap value has been on a decline since Q2, having fallen from a $23 billion valuation in April to its current value of $13 billion, as per stats.
However, some crypto experts like Trend Rider on the X platform are bullish on the Cardano token, citing that it will make a 2x comeback soon. If Cardano can maintain its support above $0.35 in the test phase of the coming days, then investors could see an extended rally in the coming months.
Source: Trend Rider on X
The latest report on Tron’s (TRX) protocol revenue shows that it reached an all-time high in Q3. As reported by BTCTN on the X platform, Tron recorded $151.2 million, which is about 29% growth quarter-over-quarter (QoQ)
This development underscores the growing momentum of the Tron token which has gained a steady 28% since the start of Q3, as per market stats. Tron's market cap is also looking to establish support above the $14 billion mark for the first time in its history.
Source: CoinMarketCap
At the current trajectory, Tron's price value could shatter its existing all-time price high of $0.3004 in the coming months which has stood since January 2018. In their Tron price prediction for the coming weeks, experts at Ambcrypto forecast the TRX price to reach $0.19 in December.
Cutoshi may be at its nascent stage of presale, but it has shown several indispensable use cases that will be vital toward the development of the DeFi industry in the future. That is why investing in it now will position investors for both short-term and long-term ROIs. Also, Tron and Cardano are promising tokens that are expected to surge in the upcoming bull cycle.
Deepak Choudhary is a solid two years of writing experience and crypto enthusiast. He writes about blockchain games, Telegram games, and tap-to-earn platform. Like his audience, he writes with clarity, simplicity, and lots of useful tips in his articles. He helps those unfamiliar with various aspects of crypto world in a very simple way. He also provides regular updates on the fast growing world of blockchain, with great articles covering current and expected trends and guides. His writings on crypto games as well as crypto earning apps on Telegram are quite useful and informative for people novice and experienced. His aim is to help more people explore and profit from Web3 ecosystem.