After Trump’s victory, Ripple gained tremendous demand as traders speculated that the regulatory pressure would decrease and that 2025 would be a more welcoming year for the altcoin.
However, a new DeFi altcoin, Cutoshi (CUTO), shows excellent potential with its unique hybrid concept and can outperform the Ripple rally to provide better returns.
Will The Ripple (XRP) Rally Sustain Momentum To Reach $10?
Three weeks ago, Ripple (XRP) broke out of the upper trendline of a declining wedge pattern it had been trading inside since July 2024. Due to massive demand, Ripple has surged enormously by over 300% since this breakout.
The Ripple price has undergone correction twice in this rally near the $1.26 and $1.63 price levels. It has plunged over 4.8% in the last 24 hours and trades at $2.59. Ripple has witnessed wild intraday price swings today as it faced rejection from the $2.9 price level and dropped to take support from the $2.29 price level.
Ripple is highly overbought, as indicated by the Relative Strength Index (RSI) of 86. The MACD indicator shows increasing bullish momentum as the oscillator line diverges with the signal line. Ripple trades 34% below its All-Time High (ATH) at $3.84, which it made over 6 years ago. Although it faces significant rejection from the $2.9 level, XRP may move past this resistance due to the immense momentum and reach a new ATH soon.
Cutoshi (CUTO): Emerging Altcoin Rivals Ripple’s Potential
Cutoshi is a hybrid token on the ERC-20 network that combines the practicality of a utility token and the virality of meme coins. It merges the best of these two worlds to promote Decentralized Finance (DeFi) and spread its mass adoption.
It takes inspiration from Bitcoin and follows Satoshi’s vision of creating an efficient economy free from the control of organizations. It aims to make DeFi more accessible and inclusive so the common man can become a part of the decentralized economy and manage their finances with more security and privacy.
To fulfill its goal, Cutoshi has designed its ecosystem to offer users real-world use cases while maintaining the fun of being in a meme coin community. This MemeFi ecosystem helps Cutoshi appeal to the meme coin and DeFi enthusiasts. The Cutoshi DEX (Decentralized Exchange) is at the heart of its ecosystem. It is a multi-chain exchange through which users can swap their assets peer-to-peer across various blockchains at lightning-fast speeds without high transaction costs. Thus, community members can manage all their digital assets under a single platform and save time and money.
Furthermore, the Cutoshi Academy is another crucial part of the ecosystem through which beginners can start their DeFi journey smoothly. Members get access to free learning materials that explain complex crypto and Web3 concepts engagingly so newcomers can quickly understand and adapt to decentralization.
Moreover, as they learn, members can earn the native token CUTO through Cutoshi token farming. Over 3,000 members have joined and are harvesting daily. The farming activities include completing fun quests and challenges to receive CUTO points, which can later be converted to CUTO. The challenges are designed to boost the community’s growth and the token’s value, giving members control over their ROI. The more challenges you complete, the more points you receive and the more exciting the rewards are as you climb to the top of the leaderboard.
Cutoshi has reached stage four of the token presale and the CUTO token is now valued at $0.031. Over $1.28 million has been raised and early investors have made enormous returns over the presale rounds. The token will continue to surge as the presale moves to further rounds and investors will continue to make remarkable returns with CUTO.
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