Whales Are Betting Big On These Three Coins, Is A Price Rise In Sight? Solana, Bonk And Cutoshi

Sentiments surrounding meme coins have soared in the last couple of weeks, driven by their high return on investment. Onchain market tracker Lookonchain data has shown how smart whales made fortunes trading meme coins, triggering massive investment inflows.

Among the cryptos that whales are betting big on in Q4 are Solana, Bonk, and Cutoshi. While Solana is witnessing a series of partnerships, Bonk is showing signs of a major breakout. Cutoshi, on the other hand, is witnessing a massive inflow of investors in the presale. Based on the performance so far.

Cutoshi MemeFi Approach Appeals To Whales

Following Bitcoin founder Satoshi Nakamoto’s teachings on blockchain technology, which include privacy, decentralization, and financial freedom, Cutoshi is developing an ecosystem that follows key DeFi principles. With issues of privacy and interoperability dominating the challenges investors face, Cutoshi is developing a multi-chain DEX that will solve the problem.

The Cutoshi DEX is designed to connect blockchains and allow for easy swapping of digital assets. The project is based on two principles, decentralization and financial freedom. Inspired by the traditional Chinese Lucky Cat, believed to bring luck to people, Cutoshi aims to bring luck and wealth to investors’ digital assets.

The ecosystem has other important tools, like an educational platform developed to broaden users’ understanding of DeFi. Cutoshi farming is aimed at rewarding active community members who engage in quests and other activities. So far in the presale, the token has been listed in CoinMarketCap, boosting its visibility.

Barely a month into the presale, the team raised over $600k, an indication of its market acceptance. With the growing momentum and increasing whale accumulation, the CUTO token is expected to hit 40x in Q4. At $0.022, with the limited total supply and the upcoming CoinGecko listing, the CUTO price will likely soar soon.

Solana Market Cap Overtakes PayPal In Major Milestone

Solana (SOL), the popular proof-of-stake blockchain, has hit another milestone as it has become institutional investors’ favorite. According to the latest Solana news by Next 100x Gems on X, Solana’s market cap has exceeded that of PayPal, hitting $83.82 billion. This milestone is a testament to the growing adoption of blockchain technology.

The recent surge comes at a time when Solana’s price is about to break out. The CoinMarketCap Solana price chart shows the altcoin has gained 12% in the past month, establishing support above the $170 mark. With the growing momentum and the increasing adoption of the Solana blockchain for stablecoin development, Solana is expected to retest the $200 mark in Q4.

Source: CoinMarketCap

Meanwhile, Solana coin is trading above the 50-day SMA, as per Tradingview. However, the 14-day RSI in the 1D time frame shows 67, which suggests it is close to overbought territory. In a modified prediction, Coincodex forecasts the Solana price to hit $202 next month.

Expert Projects Bullish Rally For Bonk Coin

Bonk’s (BONK) bullish trajectory has waned over the past few days after the meme coin failed attempts at breaking a crucial resistance zone. Bonk price dipped 10% in the past month, as per CoinMarketCap, despite efforts by the bulls. However, the trading volume is surging, a signal of an impending rally.

CryptoS6, a market analyst on X is optimistic of the Bonk meme coin rebounding soon. The expert observed that Bonk has been facing downward pressure since August and has struggled to break out. But should Bonk break above the 200-day MA ($0.000023), the expert projects a massive rally based on historical patterns.

Source: CryptS6 on X

Bonk is currently trading below both the 50-day and 200-day SMA according to Tradingview, and the market outlook looks bearish. Although its price volatility is 5%, Bonk crypto just recorded 14 green days in the past month. If Bonk can move past the $0.00002262 crucial resistance level, upward momentum is possible soon.

Which Coins Are Investors Keeping An Eye On Right Now?

The Q4 bull market has kicked off as whales continue accumulating highly valuable cryptos. Looking at the overall market sentiment, Solana, Bonk, and Cutoshi could experience massive rallies soon. Even though Cutoshi is in presale, the strong utilities have triggered positive predictions, with expectations of 50x before the end of Q4.

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.