Crypto Whales Pour Into Stage Two of Cutoshi’s Presale as It Raises Over $500K! Sui and Bonk Investors Take Notice

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/Cutoshi/ – Investing in crypto can be one of the best ways to grow wealth; however, finding a valuable cryptocurrency to buy is a herculean task. However, whales are increasingly noticing a few cryptocurrencies that fit the bill.

Whale Insider, a popular crypto enthusiast, predicts monumental moves as meme coins gain new highs. A new meme coin by the name of Cutoshi is witnessing a massive inflow of whales looking for massive gains. Backed by a robust ecosystem, investors of Sui and Bonk are taking note of Cutoshi’s growing market performance. Meanwhile, Sui and Bonk are making moves of their own that could translate to a market rally soon.

Sui Price Analysis – Can SUI Token Hit $2.6 by December?

After reaching an all-time high of $2.37 on October 13, the Sui (SUI) price has dropped by 20% from its ATH, with the altcoin also dropping below the $2 support zone. According to CoinMarketCap stats, the Sui price has declined by 7% in the past week.

While studying the Sui price chart, Ali Charts remains optimistic about a rebound soon. The analyst observed the Sui coin within a rising parallel channel, signaling a possible rebound that could push the price toward the $2.60 mark. However, Ali maintained that Sui needs to maintain support at $2 for any potential trend shifts.

Currently, the Sui token is trading above the 50-day and 200-day SMA, as per Tradingview. However, the price volatility is 10%. For Sui to hit the $2.60 target, it will have to pass the $2.05, $2.14, and $2.22 resistance trendlines. While the Sui market sentiment is bearish, the Fear and Greed index is 71, which shows investors’ confidence is high.

Bonk Poised for Massive Breakout Soon

The Bonk (BONK) price is currently displaying sideways movement after some weeks in the downtrend. Since September, the Bonk price has been trading within a range, hinting at a consolidation phase in the market

A crypto analyst, Etem Kilic thinks that if the Bonk token passes the $0.000025 resistance zone, it could move toward the $0.000035 mark. Meanwhile, Tradingview stats show that Bonk is trading above the 50-day SMA. However, it is still below the 200-day SMA, which suggests a short-term correction might be imminent.

Although the Bonk market sentiment is neutral, If the bulls can keep the Bonk price above the $0.000020 support mark, the meme coin might rebound soon. In their Bonk price prediction, Coincodex experts forecast a rise to $0.00007292 in the coming weeks.

Cutoshi’s Presale Success Draws in Big Investors

Cutoshi (CUTO) is making a huge statement in the crypto market with its innovative features. Having raised over $500K within a short time, there are clear expectations of the CUTO token price hitting big numbers after its presale, driven by the increasing demand for the token.

Based on the white paper, Cutoshi is a project built on two ideas – the traditional Chinese Lucky Cat and Satoshi Nakamoto’s principles for blockchain technology which are decentralization, privacy, and monetary empowerment to the masses. Often, people place the Lucky Cat in their homes to harness its lucky powers. Cutoshi aims to bring the Lucky Cat to the blockchain.

To achieve this, the Cutoshi team is developing an ecosystem that features a multichain DEX that will allow for on-chain swapping of digital assets. Other features include Cutoshi Farming, a system that rewards users for completing quests.  There is also the Cutoshi Academy, where users can learn more about DeFi and cryptocurrency.

With the presale ongoing, traders can buy CUTO, the native utility token for only $0.022. Given that it has risen from the initial $0.015, early buyers have made 46% ROI. With its recent listing on CoinMarketCap and its deflationary model, there are high expectations of it hitting $1 in 2025.

Which Coins Are Worth Considering Now?

Whilst Bonk and Sui have good future growth potential, it’s unlikely they will match Cutoshi, a project developing an innovative ecosystem with a multichain DEX that will solve major issues encountered in centralized exchanges. With the growing adoption, CUTO is expected to hit 30x in the coming weeks.

For more information on the Cutoshi (CUTO) Presale visit the website.

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