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The last quarter of every year has proven to be the favorite for investors. Popular crypto analysts such as Moustache confirm that altcoin season is about to commence. As such, now is the best time to transform your crypto wallet into a money generator.
Among the altcoins that could multiply your investments are Cutoshi, Chainlink, and Cardano. These cryptos are undervalued gems that could skyrocket in price in the coming weeks. Read below for more details.
Cutoshi: The Top Coin For Your Portfolio In 2024
Cutoshi (CUTO) is an emerging new meme coin that aims to transform the crypto space. It plans to close the gap between meme coins and the DeFi market. The main selling point of Cutoshi is its multi-chain DEX platform, which solves issues of asset ban and interoperability, putting it in comparison with popular DEX such as Uniswap and PancakeSwap.
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Inspired by the traditional Chinese Lucky Cat, Cutoshi’s main goal is to bring luck, prosperity and wealth to your digital assets. Also, following the teachings of Satoshi Nakamoto, Cutoshi prioritizes financial freedom, decentralization, and privacy, which is Satoshi’s original vision for blockchain technology.
The Cutoshi ecosystem boasts a farming model where investors are rewarded in the form of CUTO tokens for participating in quests. This boosts community engagement and interaction on the platform. Investors can also enhance their knowledge of cryptocurrencies and DeFi at Cutoshi University, another core feature of the ecosystem. In the future, Cutoshi will offer NFTs for members who engage in the community.
So far in the presale, Cutoshi has raised over $300,000 with analysts projecting $1M in October. According to the tokenomics, Cutoshi has a limited 440M total supply, with 55% allocated to the presale. As a deflationary token, 7% is allocated for burning events. As such, at $0.015, now is the best time to invest in the project. Analysts already project 40x rallies before the end of 2024.
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Charles Hoskinson Says Cardano Is Number One Blockchain
Cardano (ADA), a leading blockchain that embraces security and decentralized governance has been struggling for months. However, on his X handle, Cardano co-founder Charles Hoskinson says Cardano remains the number one blockchain in the crypto space. Charles believes that with its top-rated technology, Cardano’s status is not in doubt.
Meanwhile, CoinMarketCap stats show that Cardano is ranked 11th top cryptocurrency, having dropped from the top 10 in the past months. However, the Cardano trading volume is in an uptrend, which shows keen investors’ interest. This rising market activity has seen Cardano’s price increase by a slight 2% in the past day.
Even at that, Cardano’s technical analysis does not look good. The Cardano daily chart from Tradingview shows that buyers are struggling to match sellers. As such, ADA might struggle to reach the $0.39 mark. A breakthrough could see it hit $0.50, which it last tested in May. Despite the seeming gloomy outlook, Coincodex projects a 16% rise in the short term.
Chainlink Prepares Or Another Run At Resistance Level, Expert
Chainlink’s (LINK) indecisive price movement has left some investors concerned about the cryptocurrency’s future. While the weekly chart shows a 5% decline, Chainlink’s price has gained a slight 2% in the past day, triggering speculations of a rebound. Even at that, Chainlink faces a battle at the $12.50 resistance trendline, which it has failed to break since early August.
Meanwhile, Crypto Yapper thinks that Chainlink is currently bouncing from support. According to the analyst, Chainlink came down from a critical support zone after being rejected by resistance. As such, Yapper believes LINK price will retest the resistance level at $12.5 next week.
Moreover, both the Chainlink market sentiment and the Fear and Greed index are neutral. While Chainlink’s price is above the 50-day SMA ($11.150), it’s still far off from the 200-day SMA ($13.795). With the 14-day RSI showing 48, the dip is the best time to accumulate.
Which Top Cryptocurrencies Could Multiply Your Investment This Year?
With the market tilting towards the bulls, now is the best time to load your wallet with profitable cryptos. According to expert analysis, Cutoshi, Chainlink, and Cardano are among the tokens that could witness huge growth in the coming weeks. With Cutoshi in the presale stage, now is the best time to invest, as early investments are where significant gains are made.
For more information on the Cutoshi (CUTO) Presale:
Join and become a community member:
https://twitter.com/CutoshiToken
