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DeFi Tokens Are Proving To Be The Next Profit Magnets As Crypto Traders Buy Solana, Monero and Cutoshi

Patricia Arquette
Patricia ArquetteOriginal
2024-10-11 15:02:14546browse

The ‘Uptober’ rally is on track to be the biggest crypto milestone in 2024. Traders and investors are accumulating their holdings to hop on the

DeFi Tokens Are Proving To Be The Next Profit Magnets As Crypto Traders Buy Solana, Monero and Cutoshi

Solana (SOL), Monero (XMR), and a new meme coin called Cutoshi (CUTO) are among the top crypto performers this week, as traders and investors accumulate holdings to hop on the best tokens tipped for profits.

Solana (SOL) Price Prediction – November 21

Solana (SOL) has been making the headlines a lot recently, and for good reason. The SOL token has been posting double-digit gains for the past few days, and it shows no signs of slowing down. Several factors are contributing to Solana's impressive rally.

First, the bank has tipped Solana (SOL) for massive gains in the future for various reasons, and now we have Standard Chartered delivering its own analysis. The bank has predicted that Solana (SOL) could do a 5x spike if Donald Trump wins the US presidential elections.

The Global Head of Digitally Assets, Geoff Kendrick, says he thinks the Solana ecosystem will be better off with Trump in power. The SOL token is currently priced at $141.08 as it consolidates for the incoming rally.

Solana (SOL) is up 11.3% in the past 24 hours and 20% up in the last seven days. The token ranks 9th on CoinMarketCap with a market capitalization of $5,19 billion.

Monero (XMR) Price Analysis – November 21

The XMR token has maintained its top altcoin status for over a decade amid the regulatory clampdown in various countries that have frustrated Monero's use case. The token is a privacy cryptocurrency that maintains strict policies on anonymous transactions and asset security, and many regulatory agencies don't like the mode of operations.

Now, there's a new wave of delisting that has hit the Monero (XMR) network too. Binance and OKX have delisted their privacy coins, and Kraken announced that it will delist the XMR token in the European Economic Area.

Despite the recent developments, Monero (XMR) is trending 5% at the moment. The Monero (XMR) is worth $152.08, and with the activity on DEXs, XMR will still be in high demand.

Monero (XMR) is up 4.8% in the past 24 hours and 12.3% up in the last seven days. The token ranks 31st on CoinMarketCap with a market capitalization of $2,8 billion.

Get The Most Out Of Memes And Defi With Cutoshi (CUTO)

Cutoshi (CUTO) is a meme coin that aims to combine the best elements of both worlds. On the one hand, it has the charm and appeal of a meme coin, which could attract a large community of supporters. On the other hand, it is also integrated with the DeFi ecosystem, which provides users with a variety of tools and services to generate passive income and multiply their crypto holdings.

First, the project attempts to solve the age-long problem of interoperability. The Cutoshi (CUTO) project will feature a DEX where users will be able to carry out cross-chain asset swaps with ease and without leaving the platform.

Also, Cutoshi places a high premium on community. The project features a learning academy where newbie investors can learn the ropes of DeFi. To further demonstrate its community agenda, the Cutoshi (CUTO) project spots a farming feature where users can accumulate CUTO tokens by completing tasks.

Finally, the Cutoshi (CUTO) project will have a decentralized autonomous organization (DAO) that gives members voting rights on key decisions regarding the future of the project. This ensures that the community plays a central role in shaping the direction of the Cutoshi (CUTO) project.

Analysts have highlighted Cutoshi's blend of Defi and meme cultures as a unique feature that could drive it to the top of the crypto pyramid. There are hushes around expert circles that the CUTO token could spike by as high as 10,000%, way better than SHIB.

Cutoshi (CUTO) is currently in stage 1 of its presale, and the CUTO tokens are selling for $0.015 each. This price will increase in the following stages of the presale, so now is the best time to get your hands on some CUTO tokens.

For more information on the Cutoshi (CUTO) Presale:

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