The bearish market is a result of correction on several top altcoins, and it remains to be seen where these tokens can get to in the long run. However, SUI stands tall among the best crypto picks this year, remaining relatively unaffected by the massive correction about.
However, with new projects, Pepe Unchained (PEPU) and Cutoshi (CUTO), coming to the fore, SUI traders are considering making the shift. We have information on the new coins, as well as how Sui is managing to stay up in the crypto-verse.
SUI Price Trading Up
SUI is going through a purple patch, and against all odds, too. Even though Bitcoin and Ethereum are trading below the margins, SUI has been in the green for over a month already. The token has accumulated 5.8% gains in the past week.
Many might attribute the SUI price uptrend to the FOMC’s announcement of interest rate cuts, but it went even deeper than that. The blockchain has established bridges to the Ethereum network, encouraging interoperability on both chains. The result is more DApps to be accessed on Sui and faster, cheaper transactions for Ethereum traders on Sui.
Also, recently, Gray-scale opened a Trust Fund for accredited investors on Sui. This development follows SUI’s consistency in trading, and the crypto asset managers could start up the process for ETF approval on Sui soon.
Presale Frenzy: PEPU Garners $17 Million And Counting
If PEPE’s launch in 2023 was a bang, Pepe Unchained (PEPU) is planning something even bigger. The presale had FOMO on its side, as the gains from Pepe are still very fresh on crypto traders’ minds.
The project has garnered about $17 million in presale revenue so far. Considering the presale only just got started, PEPU might be one successful meme coin launch.
What’s more, Pepe Unchained (PEPU) doesn’t come with the annoying feature of being correlated with Bitcoin’s price. The token is not susceptible to the whims of the top crypto, making it more stable than many other meme projects. Little wonder Sui traders want some of PEPU in their portfolios, too.
But looking past Pepe Unchained (PEPU), there’s one more meme project pooling quite the support at this rate. Cutoshi (CUTO) is one for the culture, but traders still get a sizable chunk of DeFi features on it.
Cutoshi (CUTO): Promoting Culture, Providing Defi
Cutoshi (CUTO) is a blend of culture and blockchain ideology, ensuring that its project is not lost in the pursuit of preserving the culture that it abandons utilities and profits. Already, a community is forming for the CUTO ecosystem, one where users can decide the future of the platform via voting.
For culture, CUTO promotes the legend of the Chinese Lucky Cat along with Nakamoto’s dream for the blockchain. So you can expect the daily stream of memes for entertainment to go with DeFi functionalities like the Cutoshi DEX, academy, NFTs, Merch and farming options.
As a Cutoshi (CUTO) holder you get the benefits of token appreciation, governance and can participate in different fun community activities while earning free CUTO tokens in the process. You can become a holder for only $0.015 and enjoy all the perks.
SUI Traders Want A Part In PEPU And CUTO
The trading community is always in search of the next best thing, and even traders on top altcoins like Sui are not left out. Pepe Unchained is $17 million up in three months, and CUTO tokens are available at a bargain. Each CUTO token goes for $0.015 at the moment, and there are only a few tokens left in Stage 1 as more investors are trusting Cutoshi’s features to put the project among the best crypto coins.
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
Source: https://www.crypto-news-flash.com/sui-millionaire-invests-in-cutoshi-cuto-and-pepe-unchained-shaking-up-the-crypto-presale-market/?utm_source=rss&utm_medium=rss&utm_campaign=sui-millionaire-invests-in-cutoshi-cuto-and-pepe-unchained-shaking-up-the-crypto-presale-market