Binance coin (BNB) has been confined to a trading range for months, reflecting the broader crypto market’s state of indecision. However, the recent CZ’s prison release has sparked speculation and discussions on its potential impact on BNB’s price performance. Meanwhile, a relatively new token, Cutoshi (CUTO), has also captured the attention of investors.
Believing it could surge by 50% by the end of Q4, investors are flocking to its presale, intending to capitalize on its low-entry price point. But how much potential does this meme coin really have? Read on to find out!
Cutoshi To Rally 50x By the End of Q4
Understanding that only real utility and innovation can make a project future-proof, Cutoshi (CUTO) has infused DeFi functionalities into a meme-inspired token. A key feature that has drawn considerable attention and appeal in both the meme coin and DeFi space. At its core is Cutoshi’s decentralized exchange (DEX). This is a multichain DeFi protocol that will connect isolated blockchains and enable users to swap between assets seamlessly.
Additionally, Cutoshi is community-driven; it offers complimentary income avenues that ensure users stay engaged and motivated. Staking $CUTO or offering liquidity will result in recurring rewards when users complete tasks. Moreover, missions will earn points, which can be redeemed for additional CUTO tokens. What’s more interesting is Cutoshi’s learning academy, designed to help new investors on their crypto journey by simplifying DeFi concepts while providing tips that would make a profitable portfolio.
To foster an online presence and community engagement, Cutoshi will also launch NFTs and merchandise collections, allowing users to rep their favorite memes while actively participating in the success of their investment. Its stage 1 presale is selling out fast, as CUTO is priced at $0.015. This low-price entry point offers an intriguing opportunity to make maximum returns, as experts anticipate a 50x rally by the end of Q4.
Binance Coin (BNB) Breaking Out. What’s the Next Target?
In a week that has witnessed significant development for Binance and its native coin, experts have been monitoring the BNB market closely for signs of a potential rally. Former CEO and founder of Binance, Champeng Zhao, was released from prison after serving a four-month sentence. The event has sparked speculation on the potential future of the price of BNB.
BNB coin has been trading around the $570 range for months, suggesting the broader market indecision. This further indicates that BNB bulls and bearish are in a tug of war. Despite this, long-term BNB sentiments remain positive, suggesting that the price of BNB could reach $1000 by 2025.
While the market remains divided on the short-term prospects of BNB Coin, others believe that CZ’s release can trigger a rally. Some believe that the BNB token will follow broader market altcoin trends. Its technical analysis indicates that the BNB price can hit $800 if it manages to maintain its recent breakout. However, analysts see the possibility of an impending bulls’ trap in the coming months.
Will Cutoshi Surpass Binance Coin (BNB)?
BNB crypto has a significant investor base, and analysts are optimistic about a rally due to its current price action. On the other hand, Cutoshi is on crypto whales’ radar because it offers monetary benefits as well as educational benefits. Moreover, its limited token supply will cause scarcity, evidently causing a price explosion for the CUTO token.
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