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With Solana facing potential bearish trends, investors are shifting to Cutoshi and Pepe Unchained for better prospects.
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Solana (SOL) investors are currently facing a high level of doubt as SOL price has reached the top and might reverse downwards in the coming days as we approach the beginning of a new month.
Historically, November is a bearish month for top cryptocurrencies like SOL. Investors are cashing out to prepare for festivities or stack up smaller altcoins with higher potential in the coming bull cycle.
Among these altcoins, Pepe Unchained and Cutoshi are very promising. Cutoshi, in particular, is a meme coin that doubles as a DeFi ecosystem, presenting a solid front to investors as a potential gem in the coming bull cycle and beyond.
SOL Price Prediction Puts Investors On Edge
Solana is the third largest blockchain by TVL, and SOL, is the fifth largest coin in the crypto market. Despite its large market cap of $81B, investors fear that it will soon succumb to a large price dip in the coming month.
Notably, in the SOL price analysis below, Solana experienced a choppy price rally throughout October. Despite its slow movement, it achieved an 18% increase in the last 30 days and is now at the channel’s upper trendline. This level signifies a potential sell zone, which sellers may likely take advantage of and drive prices significantly downward.
Solana was among the most discussed altcoins in Q2 2024 as it hit the $200 all-time high. Its DeFi activity skyrocketed due to thousands of meme coins launching on the blockchain daily. However, if the current Solana price prediction holds, SOL holders might experience a significant dip in their portfolio soon.
Pepe Unchained Presale Achieves New Milestone
Riding off on the popularity of Pepe coin, Pepe Unchained is a new meme coin that has garnered the attention of investors from the Pepe community. Pepe Unchained is building a layer-2 blockchain for meme coins to rival other layer-2 projects in the market.
In a new twist for its presale, Pepe Unchained has reached a $20 million investment milestone, showing the strength of meme coins fused with utility.
Cutoshi Leads The Way For A New Narrative In Crypto
Just like Pepe Unchained, Cutoshi is quickly becoming viral in the crypto market due to its latest innovation.
Cutoshi is the first Ethereum-based meme coin, themed after the famous Chinese Lucky Cat. It is designed to bring luck, fun, and utility to its investors. Unlike most meme coins in the crypto space, Cutoshi is building a DeFi ecosystem from the get-go. Its star product is a decentralized exchange (DEX) that will allow its users to perform cross-chain transactions at a fee of only 0.25%. With Cutoshi’s DEX, users will be able to swap, trade, and stake their cryptocurrencies with extreme ease.
Moreover, the Cutoshi team is investing heavily in building a farming platform for its users to earn free CUTO tokens by engaging within the community. And if you are a newbie in crypto, Cutoshi is also building an academy to help new users get accustomed to cryptocurrencies.
With all these developments underway, Cutoshi is driving green sentiments and the massive attention of investors from all narratives in the crypto space. It has successfully listed on CoinMarketCap and is at the second stage of its presale, at $0.022, with over $550,000 raised.
Cutoshi And Pepe Unchained Have The Potential To Rally Soon
Cutoshi and Pepe Unchained, with their meme-defi approach, have the potential to become the most sought-after cryptos in the coming months. For a long time, investors have searched for a way to have long-lasting meme coin bags, and now they do with Cutoshi and Pepe Unchained.
For more information, visit the official CUTO website and join the community on X and Telegram.
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This article first appeared at crypto.news