While the general crypto market recovers from a significant bearish move that occurred in recent months, investors are curiously anticipating big gains in their portfolios. Meanwhile, amid the wide array of cryptocurrencies that have shown significant signs of recovery and bullish momentum, the crypto market buzzes with the rally of THORChain (RUNE) and Injective (INJ).
Moreover, Cutoshi is a new cryptocurrency that entered the market but is already taking the spotlight as a result of its thriving presale. Interestingly, the CUTO presale raised over $100K in 24 hours. This shows the growing interest from investors in this innovative project.
As the Cutoshi presale continues to thrive as a result of increasing interest, individuals who do not want to miss out on the future of this promising project are quickly joining in. Having already raised over $180K in presale revenue, the value of the Cutoshi token is also expected to increase shortly as demand for the token increases.
Meanwhile, the first stage of the Cutoshi presale is underway with each token priced at only $0.015. However, this value is not going to remain forever. With the rate of demand for the CUTO token, we could see a 100% increase by next month. In addition, the Cutoshi ecosystem, showing that long-term growth is prioritized, limited the total token supply to only 440 million.
This limited supply would enhance scarcity which would lead to more value appreciation. Meanwhile, Cutoshi aims to bridge the knowledge gap in DeFi hence a Cutoshi Academy is part of the ecosystem. Individuals who value blockchain technology and find interest in knowledge would find the Cutoshi project really valuable.
The THORChain price chart has displayed a bullish structure for the altcoin. With a series of higher lows and higher highs observed over the past week, it is evident that THORChain is gaining bullish momentum. Moreover, over the same period, the price of THORChain has increased by over 20% from $4.39 to $5.37.
Moreover, the price of THORChain has also rallied in the past month by over 30% from $4.07 as observed on the THORChain price chart. With the $4.9 resistance broken, analysts anticipate that THORChain could get to the $6 mark shortly.
Meanwhile, a recent THORChain price prediction suggests that the price of the altcoin could hit $7 by next month. Looking further ahead, it is predicted that THORChain might range between $5 and $18 in 2025.
The past month saw a significant increase in the price of the Injective coin, as the value of the altcoin rose from $18.5 to $23 which marks about a 23% increase. Meanwhile, toward the end of August, the price of the Injective coin began to dip and reached about $15.8 in early September.
However, after the bearish momentum began to ease, the bulls took over and raised the price of Injective from that low until it climbed above the $20 mark having recorded a series of higher highs and higher lows.
On the other hand, a recent Injective price prediction estimates that the bullish momentum of Injective will continue into the next month. This prediction suggests that the price of Injective could rally by over 200% before the end of October.
While THORChain and Injective are already creating bullish structures on their price charts, recording both weekly and monthly gains, Cutoshi gets a lot of attention in its presale phase and has raised over $100K in just 24 hours.
Moreover, as the demand for Cutoshi continues to increase coupled with its limited token supply, analysts expect the value of Cutoshi to surge by over 1,000% in the coming months.
For more information on the Cutoshi (CUTO) presale:
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Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses.
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