After months of feeling like the crypto market was stuck in quicksand, things are finally shifting. Big altcoins are lighting up the charts with breakout rallies, and the spark behind it all is the Fed’s decision to slash interest rates by 50 basis points, breathing new life into the space.
Among the projects making waves, Cutoshi (CUTO) is standing tall, along with Sui (SUI) and Injective (INJ), as they ride this bullish surge.
Could CUTO be the meme coin that sets the stage for a wild 100x run by year’s end?
Injective reaches two-month high as whale activity picks up
Injective (INJ), backed by none other than Mark Cuban, is back in the news, roaring past its recent two-month high.
Whale activity is through the roof: a 456% spike in participation from these deep-pocketed players, who seem to have found their next big DeFi playground. Injective is no stranger to innovation, and it shows. This week, INJ blew past the $23 mark, teasing us with the possibility of a leap to $25.
With a 15% surge in the last two weeks and a 33% pop in just a month, Injective’s market cap now sits at over $2 billion. Whales are waking up, and Injective is making all the right moves.
Sui cracks top 25 cryptos
Sui, the fresh face in the Layer-1 game, has just broken into the top 25 cryptos, now with a $5.2 billion market cap. This up-and-comer has a 150% jump in the past month and 285% in the past year.
Sui’s locked-in over a billion dollars in total value, landing itself as the 8th largest blockchain by TVL. Thanks to its DeepBook, a cutting-edge central limit order book, Sui’s TVL shot up by +2,700% in the last year alone.
DeFi dominance? Check. Nearly $1 billion locked on-chain, with a 59% surge just last month. Though it hasn’t hit its previous all-time high of $2.17 just yet, SUI’s momentum is undeniable.
Cutoshi investors prepping for 100x race to the moon
If you haven’t heard of Cutoshi CUTO, you’re missing out. Experts in the huge $55 billion meme market predict that CUTO could explode with a 100x return by year-end. Built on Ethereum’s ERC-20, this meme coin takes on Shiba Inu, Dogecoin, and WIF.
But what makes it pop? Cutoshi blends the luck of the Chinese Lucky Cat with the wisdom of Bitcoin’s mysterious creator, Satoshi. And it’s not just a lucky charm, Cutoshi is packing serious utility with a decentralized ecosystem and multichain DEX that makes trading across different blockchains a breeze. Another element is Token Farming, which dishes out rewards for community members completing challenges.
In its first presale stage, Cutoshi already raked in over $230k, proving it’s already resonating with the meme coin fans. And at just $0.015 per token, this is one investment that could turn out to be the 100x hidden gem of this year. The mission? Bring DeFi to the masses. The result? A potential crypto moonshot that could see Cutoshi leading the charge into 2025.
For more information on the Cutoshi (CUTO) Presale:
https://cutoshi.com
Join and become a community member:
https://t.me/cutoshi
Source: https://blockchainreporter.net/era-of-the-digital-asset-the-freshest-altcoins-experts-are-flocking-to-in-2024/