As October unfolds, the crypto market appears bearish, with several coins erasing their gains. However, its total market capitalization is up by 2.33%, settling at $2.15 trillion. Amid the broader downturn momentum, Dogwifhat (WIF), Kaspa (KAS), and Cutoshi (CUTO) are standing out for their strong community support and market performance.
Based on their resilience and growth, market pundits now hint that these altcoins will dominate the market in Q4. Here’s why!
Cutoshi (CUTO): Next Dogwifhat Rival
With a focus on DeFi integration and decentralized finance principles of decentralization, Cutoshi (CUTO) a meme-inspired token will redefine the meme coin sector. Taking inspiration from the Chinese Lucky Cat, Cutoshi wants to bring prosperity and luck to the blockchain. It introduces the revolutionary CUTO DEX, a multichain exchange platform that connects blockchains, enabling users to swap assets between chains. This will ensure an easy and fast trading process, saving time and money.
Besides the DEX swapping feature, Cutoshi introduces a complimentary earning mechanism to engage and motivate its community. With Cutoshi farming, users will have a chance to participate in challenges to earn points. Afterward, they will claim rewards and more CUTO tokens with the points earned. Moreover, Cutoshi will soon launch its NFTs and merch to add vibrance to the community.
What’s more interesting is its deflationary mechanism and limited token supply of 440 million, which will foster scarcity within the ecosystem. The continuous token shortage will increase the demand for CUTO, ultimately propelling its buying pressure upwards. With a low entry point of $0.015, and 55% of the token available at presale, investors have a chance to capitalize on the intriguing opportunity before the price soars.
Dogwifhat Bulls Flip The $2 Mark Into Key Support
Dogwifhat, a Solana-based meme coin, has made headlines in the broader cryptocurrency market due to its market performance and whale activity. Despite bearish market sentiments, the Dogwifhat’s price neared its three-month high. Its price is up by 4% on its intraday chart, and its bulls eye the $2 mark as a potential key support level.
Despite market volatility caused by Bitcoin’s price retracement to $60K, Dogwighat bulls seem ready to break through the mid-July resistance of $2.40. If they manage to breach this region, it could pave the way for a Dogwifhat price rally. However, they must first flip the $2 region into a support level. Notably, the Dogwifhat token reached an ATH of $4.5 in late March.
Since then, the meme token has been on a downtrend as the bulls struggled to reclaim the $3 mark. Over the past two months, Dogwifhat price has consolidated in the $1 range, with the bulls making three attempts to break the $2 resistance, and were successful in late September. As such, the Dogwifhat coin becomes highly attractive to new investors, especially now that the broader market is bearish.
Kaspa Price Prediction: Could KAS Reach $1
Another altcoin that is turning back green amid bearish sentiments is Kaspa (KAS). Recently, its price witnessed a 4% bounce on its intraday charts. However, Kaspa’s trading volume has dropped by 13%, reflecting broader downturn momentum. While Kaspa’s price metrics are primarly red, its technical indicators signal a strong rebound.
Notably, Kaspa’s price trades above its 200 and 100 EMAs, indicating a possibility of bullish momentum. The bulls have taken control of the market and target the $0,16 region as a key support level. If they are successful, the Kaspa token could record more extended rallies, potentially stretching to the $1 mark.
This makes Kaspa a promising coin with massive growth potential. Industry experts are optimistic about the altcoin, suggesting that Kaspa’s price could soar to $1 by the end of Q4. Thus, Kaspa is among the best crypto that would drive capital growth.
KAS Vs. WIF Vs. CUTO: Race To The Next ATH
While Kaspa and Dogwifhat have shown great growth potential, their large market capitalization may limit 100x massive returns. On the other hand, Cutoshi’s low presale entry point, low market capitalization, and strategic tokenomics would easily foster adoption, pushing CUTO to new highs.
For more information on the Cutoshi (CUTO) Presale:
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https://twitter.com/CutoshiToken
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