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Market trends suggest a mixed reaction about Ethereum (ETH) price trajectory as well as its market dominance as the leading altcoin. Although Ethereum price prediction signals high positivity in the long term, a slowdown in its momentum could give room for other altcoins to outperform it.
Cutoshi (CUTO) In particular is a fast rising presale star with potential to disrupt the DeFi market and pose as a major challenger in the mene coin and broader crypto market. With an attractive hybrid MemeFi platform, Cutoshi is poised to compete with the likes of Litecoin and even Ethereum.
Cutohsi Nears $1M Presale Revenue As Investors Flock Its MemeFi Platform
Cutoshi (CUTO) has emerged as the next meme coin with strong potential to achieve a staggering price increase. This is due to its hybrid ecosystem, where a decentralized exchange (DEX), token farming model and other DeFi tools have been integrated. This allows Cutoshi to leverage the community support of the meme coin market and the lucrative tools of DeFi, attracting investors from multiple markets.
While it embodies Satoshi Nakamoto’s Bitcoin ideals of decentralization, anonymity, and monetary freedom, Cutoshi ensures that its users are offered top DeFi standards. Combined with this, Cutoshi has built a strong community support around its tribute to the Chinese Lucky Cat on its logo, which is widely known to ignite wealth, success and goodluck. Its presale revenue of over $600K in just a few weeks is evidence of its presale progress.
The market cap of decentralized finance is already set to hit $376.9M in 2025, but the figures might turn out even higher than that due to Cutoshi’s DeFi Learning Hub. The Cutoshi Academy aims to spread DeFi knowledge to the masses, and in turn, speed up DeFi adoption. Currently, the native token of Cutoshi platform, $CUTO, is selling for $0.022 in its second presale stage, but speculations are brewing about a 40x price surge after launch.
Expert Analyst Ali Martinez Ethereum Price Nearing $6,000 If It Holds Well
The Ethereum (ETH) coin has remained in a consolidating state in the past month. Despite positivity from Ether spot ETF inflows and large whale investors, Ethereum token is still taking its time to visit higher levels as its price is reflecting over 5% monthly drop and over nearly 7% in the past week when the token gradually fell from $2,700 to $2,500, as seen below.
Source: CoinMarketCap
However, in the midst of several predictions, a prominent crypto analyst, Ali Martinez, dropped a speculative post where he hinted on the possibility of Ethereum coin nearing $6,000 it can hold well around $2,400. Meanwhile, Ethereum pricing near $6,000 would mark a new ATH for the leading altcoin as its last historic high was recorded around $4,800.
Considering its current technical analysis, the price of Ethereum may continue a consolidation to lower levels. However, owing to Bitcoin’s rise, Ethereum token is bound to follow suit with a significant resurgence.
Litecoin Price Bounces Back From Weekly Decline Below $68
The price of Litecoin (LTC) has dropped to lower levels and has been consolidating since its ascent to a peak price above $100. However, in the past week, LTC price has dropped by 2.40% in the past week,while its monthly gain is only a little over 1%.
Source: CoinMarketCap
As seen in its monthly trajectory, Litecoin token was previously pricing below the resistance of $69 as it remained at around $65. However, as the month of October came closer to its end, Litecoin is experiencing another price rise which has consolidated now but shows the potential of driving up positive momentum for the coin.
Meanwhile, Litecoin token is currently holding in a weekly price range of $68.05 and $72.53. However, if LTC price trajectory could tally with Bitcoin’s rise this year, it could surpass its ATH this year.
Can Cutoshi Outperform Litecoin And Ethereum In The Next Bull Run?
The possibility of Cutoshi competing with Ethereum coin in the next bull is not guaranteed, however it is not impossible. If the next bull run clashes with Cutoshi’s launch and listings and its platform maintains increased activity, it could see more gains in the next bull run than Ethereum and other top altcoins like Litecoin.
For more information on the Cutoshi (CUTO) Presale:
https://cutoshi.com
Join and become a community member:
https://t.me/cutoshi
*This article was paid for. Cryptonomist did not write the article or test the platform.
Source: https://en.cryptonomist.ch/2024/10/29/ethereum-price-prediction-will-eth-continue-its-run/