Throughout Q4 Ethereum’s price has fluctuated below $2800 though ETH is now on track to pass $3,000 before the end of 2024.
While Ethereum starts to recover, Cutoshi and Floki are gaining significant momentum with market trends expected to push both projects to new highs in November.
Ethereum Co-Founder Unveils The Splurge Roadmap
Vitalik Buterin recently shared a blog post highlighting the plan to optimize the Ethereum Virtual Machine. A key aspect of this plan was The Splurge Roadmap which focuses on refining the Ethereum protocol. This is designed to enhance Ethereum’s long-term growth which shows that the ETH development team is looking at more than just short-term performance.
While this is yet to impact Ethereum’s price, ETH has rallied by 3.88% over the last 24 hours to $2,632. Ethereum’s daily trading volume has also increased by 62% to $21 billion, suggesting that bullish momentum is building throughout the Ethereum community.
Floki Trading Activity Soars Amid Price Fluctuations
Floki has experienced volatility throughout October with a price decrease of 11%. However, trading activity suggests that Floki investors are buying the dip. Floki recently hit a daily trading volume of 310 billion FLOKI tokens, implying that bullish momentum could be building.
This coincides with a sudden price increase during which Floki increased by 8.9% in 24 hours. Floki is now trading at $0.0001457 though is down by 3% over the last week.
Cutoshi Passes $600k Raised Milestone
Cutoshi is building significant momentum during its presale, which has recently passed the $600,000 raised milestone. Cutoshi is disrupting the status quo of the meme coin market. With a theme inspired by the Chinese Lucky Cat, Cutoshi looks to empower meme coin investors through its highly lucrative DeFi ecosystem.
The ecosystem includes several major features including Cutoshi’s DEX. Through this exchange investors can trade crypto assets across various major blockchains for fees as low as 0.25%. Transactions are completed in less than a second and a token burn mechanism is also in place to drive up the price of Cutoshi’s utility token, $CUTO.
In addition to enhancing the investing experience, Cutoshi also looks to close the educational gap between new and advanced crypto traders. To achieve this the development team is launching the Cutoshi Academy. The academy offers a range of educational tools to cover everything from the basics to more advanced trading strategies. Over time this is expected to further drive cryptocurrency adoption, helping crypto go mainstream.
To empower its audience Cutoshi also offers several passive income opportunities. These include staking, farming and completing quests during the $CUTO presale. Each quest will reward investors with tokens to be redeemed for additional $CUTO.
With the crypto market expected to see a new bull run in 2025 experts have high hopes for the Cutoshi presale. Currently in its second phase, $CUTO is selling for $0.022 per token. According to analysts this is a huge bargain considering the project’s utility. As the project snowballs $CUTO is expected to see a significant rally with experts predicting a new high for the token within a fortnight.
For more information on the Cutoshi (CUTO) Presale:
https://cutoshi.com/
Join and become a community member:
https://twitter.com/CutoshiToken
https://t.me/cutoshi
This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.
Source: https://bravenewcoin.com/insights/ethereum-price-prediction-eth-shows-signs-of-recovery-as-cutoshi-and-floki-gain-momentum-in-the-market