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Breaking News: Banks Can Soon Issue Stablecoins: FDIC Begins Rulemaking Under GENIUS Act
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Breaking News: Banks Can Soon Issue Stablecoins: FDIC Begins Rulemaking Under GENIUS Act

Crypto News: Ethereum And Solana Ready For November Price Surge, So Is This Fearless Utility Meme Coin

Bitcoinist
by Bitcoinist
Last Updated: November 7, 2024 1:54 am
·
Posted in Industry
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Layer-1’s like Solana and Ethereum are amongst the trendiest cryptocurrencies, especially in the peak of a bull run. However, though both of these cryptos are solid safety net holds, neither SOL or ETH is likely to produce the face-melting gains crypto is notorious for.

Meme gems like Cutoshi, on the other hand, are poised for exponential growth. Memes have been particularly trendy in this market cycle and with Cutoshi’s solid utility and monumental hype potential, Cutoshi very well could amass significant returns as it trails towards its third presale phase. 

Solana Braces For Imminent Surge

November could be the most bullish for Solana yet with Bitcoin recently passing $70k. This assertion for Solana is predicated on a recent report from Standard Chartered Bank, which claimed that Solana could rally over 2000% over the US election if Donald Trump wins. 

Since Trump is the clear favorite in both the polls and the betting markets, and November is traditionally an extremely bullish month for crypto in general, Solana could experience a major upsurge as soon as next week. In addition, Solana has formed “the golden cross,” a bullish technical pattern that occurs when the 50-day moving average crosses above the 200-day moving average.

Can Ethereum Outperform Bearish Rhetoric In Q4?

While Ethereum is still the #1 layer-1 by a long mile, Ethereum has fallen out of favor with a large contingent of crypto investors for its technological inferiorities. Ethereum’s gas fees are extortionate in comparison to alternative chains like Solana and Sui, and Ethereum’s slow transaction speeds are nothing to write home about.

Currently, Ethereum’s bearish sentiment is sitting at 59%, a decrease from 70% earlier this month. Moreover, the race for Ethereum ETFs is officially on as Fidelity overtakes Blackrock. Ethereum ETFs could prove to be a major bullish catalyst, though Ethereum could potentially woefully underperform for the remainder of the year.

The Best New Meme Token Is Here: Why The Satoshi-Inspired Cutoshi Could Amass Huge Returns By 2025

Cutoshi is rapidly carving out its niche among meme coins by blending viral appeal with practical DeFi applications. Inspired by Satoshi Nakamoto’s vision and represented by the Lucky Cat, Cutoshi embodies the ideals of decentralization, financial liberty, and good fortune.

The Cutoshi ecosystem features a decentralized exchange, which provides seamless and efficient cross-chain trading. Users can swap assets across various blockchains while enjoying increased security and privacy in comparison to centralized exchanges, which are dependent on outside intermediaries.

For beginners, the Cutoshi Academy provides valuable educational resources on decentralized finance and the foundation of blockchain technology. This empowers investors with essential knowledge in the rapidly-growing cryptocurrency field, setting these investors up for long-term success with crypto. 

Cutoshi is trailblazing through the second stage of the presale, which is already 93% sold out. Tokens are available for just $0.022 and are expected to increase going into stage three. With its unique blend of meme culture and DeFi capabilities, Cutoshi is fast becoming the go-to meme project for substantial returns. 

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

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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