Crypto Whales Are Buying These 3 Bullish Coins for Their Innovation in the Defi Space – SUI, AVAX, CUTO
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/Cutoshi/ – Crypto whales are diversifying their portfolios in anticipation of a potential upcoming bull run. Three major projects that have been highlighted are Sui, Avalanche, and Cutoshi. While Sui and Avalanche saw strong performances in Q3, Cutoshi is driving bullish momentum in Q4 and has raised over half a million dollars during its presale.
Avalanche Launches Visa Crypto Card
Following a series of ecosystem announcements, the Avalanche Foundation has revealed the release of a Visa cryptocurrency card. The card will let holders spend several major cryptocurrencies. These cryptocurrencies include USDC, Wrapped AXAV, and more. It will be available in both a physical and virtual form, allowing for versatile use.
Some experts believe that this development could drive Avalanche’s price to $30. However, since the announcement Avalanche’s price has fallen by 6.7%. This has taken Avalanche’s price down to $25.79 with a daily trading volume of $186 million at the time of writing.
Market Analyst Predicts Second Sui Surge
Sui was one of the market’s best-performing assets from August to October. Its price surged by over 400%, attracting the attention of major crypto whales in the process. However, Sui has faced fierce resistance in October, driving its price to $1.64 at the time of writing.
Nonetheless, crypto analyst LA𝕏MAN recently took to X to highlight a potential second surge for Sui going into November. The analyst highlights that timing is key, outlining that just weeks ago experts were stating that Sui could become the next Solana.
He furthers this, stating that now is the perfect opportunity to buy Sui at a discount. While this could be true, Sui’s 7% crash in the last 24 hours has created a bearish sentiment around the project.
Cutoshi Attracts Crypto Whales
Cutoshi is expected to become the next big hit in the meme coin market. This innovative project looks to disrupt meme coins by offering greater utility and use cases. Its playful theme is inspired by the lucky Chinese cat which is known to bring good fortune to businesses. In the same way, Cutoshi looks to empower its audience within its ecosystem.
The Cutoshi DEX is at the heart of this ecosystem. This seamless platform lets investors trade assets across blockchains. It guarantees high speeds and low fees of just 0.25%. As part of this exchange, Cutoshi has implemented a buyback and burn mechanism to drive up the price of $CUTO tokens over time.
Aside from its exchange, Cutoshi offers investors several income opportunities. Investors can stake $CUTO to generate a passive income or complete challenges and quests throughout the Cutoshi presale to earn lucrative rewards. These challenges are designed to speed up Cutoshi’s adoption, with early adopters expected to win big.
The ecosystem also includes an educational platform known as the Cutoshi Academy. Here, seasoned investors can brush up on their crypto knowledge, while new investors can build a solid knowledge foundation.
Stage two of the presale $CUTO token is available for just $0.022 and are expected to see several price increases over the next few weeks. With momentum building, it could be a matter of time until Cutoshi becomes the next big hit in the presale space. Its fantastic utility, unique theme and growing community are all expected to drive growth going into 2025.
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