- Cutoshi: A New Memecoin on Ethereum
- Andre Cronje Calls on Developers to Join Fantom’s Sonic Upgrade
- Positive Ethereum Price Momentum
Despite Bitcoin's dominant position in the crypto market, altcoins are showing strong growth. In this article, we review Cutoshi, Fantom, and Ethereum.
Cutoshi: A New Memecoin on Ethereum
Most memecoins are driven by hype and speculation, making them highly volatile. However, with the emergence of Cutoshi (CUTO), investors will have access to a unique DEX platform prioritizing privacy and security. Cutoshi aims to combine the teachings of the Legendary Satoshi Nakamoto and the Chinese Lucky Cat to bring luck, wealth, and prosperity to your digital assets. In its initial ICO stage, Cutoshi has raised around $330k, with experts projecting $500k in the coming weeks. The platform offers features like the Cutoshi Academy, Cutoshi Farming, Cutoshi NFTs, and Cutoshi Merch. Powering the Cutoshi ecosystem is the $CUTO token, currently in its first presale stage and available at $0.015. Analysts are already bullish on the Cutoshi coin and expect it to soar by 800% by the end of the year.
Andre Cronje Calls on Developers to Join Fantom’s Sonic Upgrade
Fantom (FTM) is experiencing a massive rally in anticipation of the upcoming Sonic upgrade. Andre Cronje, founder of the Fantom Foundation, is calling on developers to join him for the launch, expected in December. If the upgrade comes to light, Fantom will become a major player in the blockchain industry. Meanwhile, recent investor confidence has seen a rise in price. According to CoinMarketCap, the Fantom price surged by 55% in the past month. With over $283M in daily trading volume, the Fantom token has joined the league of top-performing coins in the market.
Positive Ethereum Price Momentum
Ethereum's (ETH) recent price surge has caught the attention of many experts. One of them, Ciscke Kelvin, is optimistic about the Ethereum coin. The analyst believes the current price action points towards an upper resistance, but warns investors to watch out for targets at $2,810, $3,220, and $3,570. Analysis from Santiment reveals Ethereum network activity has picked up, as investor confidence continues to grow. According to CoinMarketCap, Ethereum’s year-to-date metrics show a gain of 64%. The market cap stands at $319B, with experts projecting it to hit $400B in Q4. Meanwhile, Ethereum is trading above the 50-day SMA ($2,524) but is still far from the 200-day SMA ($3,138). The Relative Strength Index is at 54, which is a good sign. Having recorded 18 green days in the past 30 days, it’s one of the coins to consider adding to your wallet.
With the bullish market sentiment, investors are closely monitoring altcoins. As the last quarter of the year approaches, Cutoshi, Fantom, and Ethereum could significantly impact the market.
Comments