With Bitcoin breaking $100k for the first time, the entire crypto market is in a bullish phase. Now, investors are looking at tokens that can replicate Bitcoin’s past growth. Solana, WIF and a new MemeFi token, Cutoshi are among those with the biggest potential.
Solana Set For $600 In 2025?
Currently trading at $208.94, Solana (SOL) has seen a significant correction from its all-time high of $260 in November. This correction erased its monthly gains, with Solana losing 1% of its value over the last 30 days.
Despite its latest correction, Solana is still up 188.02% over the last year. What is more, SOL proved it could reach new ATHs, surpassing its November 2021 level. What is more, its expansive ecosystem and scalable infrastructure suggest that more growth is on the way.
This is why some analysts put Solana’s price at $600 in 2025. CoinCX puts its price range between $380 and $450 for the beginning of 2025. Before reaching $500, however, the token will likely experience a correction.
Still, despite a bullish long-term outlook, Solana is not looking so good in the near term. Daily technicals are pointing to a bearish outlook, especially the short-moving averages. Weekly moving averages, however, are still bullish, with all the key moving averages below Solana’s current price.
WIF Set For Major Returns
Like most meme coins, the Solana-based DogWifHat (WIF) was hit by the recent price correction. On December 10, WIF crashed 17.28% to $2.79 in just one day, reflecting similar declines by other memecoins. However, the token still has a strong medium-term outlook.
The recent bull market has largely seen meme coin underperform utility tokens. For one, this is because memecoins had their bull run in March. The explosion of Solana-based tokens on Pump.fun helped further boost the sentiment. This was when WIF achieved its all-time high of $4.85.
Still, memecoins may yet experience a bull run once traders roll over their profits from utility tokens. This is when tokens like WIF are likely to shine again. In three months, CoinCodex puts WIF’s price target at $ 9.81.
Looking at a more recent outlook, overall technical indicators for WIF are still strong. While short-term moving averages for WIF are turning bearish, others are still below WIF’s current price.
Can Viral MemeFi Token Cutoshi Increase 100x?
The bull market is bringing new traders into the market and one token is taking full advantage of this. Unlike Solana and WIF, memeFi Cutoshi (CUTO) was shielded from the recent retracement. This is because the token is still in its presale phase, which is showing wildly successful.
By December 10, Cutoshi raised over $1.36 million in presale investment. This is significant, as this is just weeks after its launch, indicating strong investor interest.
What is driving interest in Cutoshi is its unique blend of memes and DeFi. Cutoshi is a memecoin, but it’s also building a decentralized ecosystem that wants to bring as many people as possible to DeFi. With a dedicated multichain DEX and a learning platform to onboard new users, this utility is attracting traders.
With regular memecoins losing out this cycle, Cutoshi is in a unique position to use its DeFi utility to attract both users and investors.
For more information on the Cutoshi (CUTO) Presale
