Generally, political events leave a powerful impact on the crypto market, and as we are nearing the US Election results, experts believe the election might have a positive impact on the crypto market. Crypto traders and analysts have predicted that Solana’s price may rally to $200 by the end of Q4 if U.S. voters choose Trump as their President on November 5.
Investors are closely tracking other potential altcoins that can give multifold returns in the 2025 bull cycle. Crypto whales are tracking Cutoshi (CUTO), gaining popularity among traders after a successful stage 1 presale.
Solana (SOL) Trades Near The Breakout Zone
After the retracement to the 20-day moving average, Solana $198 is trading near the $160 major resistance zone. SOL is currently trading at $158.65 and above SMA-20, with an increase of 2.34% in the last 24 hours. It ranks amongst the top ten cryptocurrencies by market capitalization, with a current market cap of around $75B.
Solana’s chart shows the inverse head and shoulder pattern, which can work as a reversal pattern. It has a neckline break of around $160, which can push the price for a new higher high and higher low bullish formation. Moving forward, the $200 psychological level is crucial, the next major resistance level.
Solana is considered to be one of the top altcoins in the market. It is developed to manage high-volume transactions smoothly and effectively, primarily focusing on speed and scalability.
SOL is its ecosystem and cryptocurrency. However, it is not just a digital coin; it also serves as the fuel for transactions and rewards for users who contribute to network stability.
Cutoshi (CUTO): Next Ethereum Sensation To Give 100x Returns
Cutoshi is not just an ERC-20 meme token but is a blend of DeFi technology and funny memes. Inspired by the Chinese Lucky Cat, it brings luck, good fortune, and prosperity to its investors. It promotes values such as privacy, freedom, and decentralization, which were the original vision of the legend Satoshi Nakamoto for blockchain technology.
Compared to top altcoins like Solana (SOL), Cutoshi offers innovative features and the potential to give higher returns. Cutoshi’s multi-chain DEX allows swapping and managing assets over different blockchains. It also helps lower the cost associated with cross-chain transactions. With low fees, Cutoshi DEX will be competitive, attracting many users.
Cutoshi will launch its learning academy to provide its users with knowledge about trading and cryptocurrency, making them better investors and traders. This will also increase and promote literacy in decentralized finance (DeFi). The DeFi industry is worth around $25B and may expand up to $50B.
Cutoshi farming provides a new way of earning tokens and emphasizes giving back to its community. Users can earn rewards by participating in various challenges, activities, and quests, which can be used to farm CUTO tokens.
Cutoshi is also listed on Coin Market Cap, boosting its credibility and increasing token visibility to more investors. Cutoshi is currently in stage two of presale and has raised an impressive $500k, priced at $0.022. Expert crypto investors predict that it might rally up to $2.2 by the end of the year, seeing 100x growth.