As 2024 comes to an end, investors are preparing their portfolios for the next year. As they seek promising coins with high potential for generating huge ROIs, Solana (SOL), Fantom (FTM), and Cutoshi (CUTO) have emerged as great choices.
As a result, 90% of new crypto millionaires are considering having these revolutionary coins in their wallet before 2025 because of the positive speculations surrounding them, coupled with their price movements as they gear up for a rally.
Why Cutoshi Is A Smart Investment In 2024
Cutoshi is a utility-driven meme coin that leverages the Chinese Lucky Cat concept of bringing fortune and prosperity to its holders. Despite the playful charm of a memecoin, Cutoshi stands out from the crowd by delivering real value via its DeFi-centric ecosystem.
While many other memecoins in the market are based solely on hype, the Cutoshi DEX allows users to experience a secure platform where they can swap a variety of cryptocurrencies across multiple blockchains. This saves users both time and money because they won’t have to jump from one platform to another for cross-chain transactions whilst saving on gas fees.
Meanwhile the global DeFi platforms market is projected to be worth over 507 billion in 2028. Leveraging this booming market, CUTO is primed for huge growth while providing real-world use cases. The CUTO token is currently selling for only $0.022 in stage 2 of the presale, early holders are already 46.6% up with the price expected to continue rising as demand grows.
Solana Price Chart Analysis
Over the past week, the Solana coin saw a small change in price from $144 to $146 recording less than a 1$ increase. Despite initially reaching $152 during the course of the week, the bulls faced rejection around that resistance zone which then resulted in a decline below the $147 mark. Meanwhile, the past month saw a more notable price increase for the Solana coin.
Over the past 30 days, Solana surged by over 7% from $134 to $146. Meanwhile, the altcoin is still experiencing a wide range between $161 and $127 as observed on the Solana price chart. Moreover, the current resistance facing Solana is around $150. If the bulls can overcome this resistance, we may see the price of Solana rise
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Author: Crypto Daily
