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Breaking News: Expert Alleges Bitcoin Under Siege Again, ETFs And BlackRock Suspected

Digital Currency Optimism Skyrockets With The Adoption Of These Crypto Hot Prospects: FTM, CKB, CUTO

Bitcoinist
by Bitcoinist
Last Updated: September 24, 2024 3:05 am
·
Posted in Industry
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The view on crypto in the mainstream has had its ups and downs. From people saying that it only has speculative value, to major investment banks launching their own crypto products. Now, thousands of developers are working on crypto solutions that will benefit everyone. 

Three projects, in particular, are driving the wave of optimism: Fantom (FTM), Nervos Network (CKB), and Cutoshi (CUTO). These tokens have the potential to make crypto go mainstream like never before. 

Fantom Major Improvement Spaks Optimism

Fantom (FTM) is seeing its major upgrade sparking optimism for the whole market. The network, focusing on creating a platform for mass-market dApps, has grown significantly this year. Its token FTM is up 224.76% this year, an impressive performance even in crypto. The main goal of FTM is to create a platform where developers can launch apps for everyone. The apps on the FTM network can handle millions of users, making them great for everyday applications. These are precisely the applications that can bring crypto mainstream. Moreover, FTM is currently rebranding to Sonic (S), a name that will showcase its speed. Thanks to its upcoming upgrade, FTM will potentially rival Visa and other payment platforms, enabling it to bring millions to crypto.  

CKB Gains Attention from Bitcoin Whales

Nervos Network (CKB) a Bitcoin layer-2 scaling solution has had a spectacular year. Its token, CKB, rose 557.22% year over year. A lot of that increase was in the last month, which saw CKB rise 128.31%. 

CKB uses the proof of work (PoW) model to add programmable features to Bitcoin. It also helps scale the Bitcoin blockchain. Due to its ties to Bitcoin, its main focus is decentralization. CKB is truly permissionless, and resistant to capture.  

Its ties to Bitcoin mean it has gained support among influential Bitcoin maximalists like Michael Saylor, and more. Bitcoin is the most mainstream crypto. Even major asset managers, including BlackRock’s CEO, have praised it for its role as “digital gold”. By helping scale it, CKB becomes an essential part of its ecosystem. 

Cutoshi Brings in Users With Fun

While FTM and CKB lead in technicals, Ethereum-based Cutoshi (CUTO) brings in people with fun. With the famous Chinese Lucky Cat as its avatar, it brings prosperity and luck to all its holders. Cutoshi is also an homage to the legendary Bitcoin creator Satoshi Nakamoto.  

Memecoins were among the most traded cryptos this year. Many, including BONK, Pepe, and others exploded, bringing trading volumes to a high of $641 million in March. What is more, their fun and lighthearted nature brought more people in. Interestingly, both Ethereum and Solana can attribute at least some of their growth to memecoins. This is why Cutoshi is creating excitement, and making traders want to get in on the action. 

While other tokens focus on complicated technical matters, memecoins are easy to understand for everyone. With a presale price of just $0.015, Cutoshi offers a great opportunity to get in early, while it’s still small. Traders that get in early will potentially see huge gains in months to come. 

Conclusion

FTM, CKB, and Cutoshi are all key projects driving optimism in crypto. Be it with technical ability or a fun community, they are all paving the way for more people to go in. However, Cutoshi takes the lead when it comes to price potential, due to its presale. 

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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