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Dogecoin, the popular dog-themed meme coin, witnessed a massive spike in the past week. The surge was triggered by Elon Musk's recent comment at a massive Trump rally at Madison Square Garden in New York last week. In the rally, Musk spoke about how DOGE would save the USA a lot of money. Judging from Musk's love for DOGE, the recent comment is not a coincidence.
Meanwhile, Sui's price is showing signs of recovery, which could push it towards the $3 mark after the recent IKA launch. As for Cutoshi, the ongoing presale has witnessed massive whale interest triggered by the strong use case. With the latest 20% bonus offer, investors inflow has been surging before the offer closes in the coming days.
Cutoshi Tokens 20% Bonus Offer Triggers Buying Frenzy
Barely a month after kicking off the presale, Cutoshi has sold out 80% of the tokens mapped out for the second stage of the presale, raising over $650K in the same timeframe. It is a feat that only a few presale tokens have achieved. As a community-driven ecosystem, Cutoshi has unveiled a special Halloween bonus offer of 20% on all deposits.
This latest bonus offer, which is limited to 5 days, has triggered a massive buying frenzy as investors rush to accumulate the CUTO token before the offer closes. Adding to the recent CoinMarketCap listing, the CUTO token is on course to hit new heights this month and $1 in early 2025.
At $0.022, investors have limited time to accumulate the token before the price increases in the 3rd stage of the presale. Smart whales who saw the project's potential early have made 46% ROI, which is expected to reach 1000% by the end of the presale. With the limited total supply and the deflationary nature, the CUTO price might explode sooner than anticipated.
Meanwhile, unlike other meme coins like Bonk, which have no real utility, Cutoshi is backed by a fantastic ecosystem that hosts tools like Multichain DEX, an educational platform and a farming mechanism. With its strong use cases in the DEX, like a discount on transactions and its use as a reward mechanism in the farming protocol, CUTO is projected to enter the top 10 meme coins in 2025.
Dogecoin Price Reaches $0.17 After Elon Musk Comment
Dogecoin price has broken the $0.7 mark for the first time since May following the recent Elon Musk comment during a Donald Trump rally. Recall that Dogecoins 2021 rally was fueled by a series of tweets by Billionaire CEO Musk. With the likes of Tsela accepting DOGE as a means of payment, a Trump presidency is projected to favor DOGE with high expectations of $1 in 2025.
As per CoinMarketCap data, the Dogecoin crypto price has increased by 142% in the YTD price metrics and 52% in the past month. The Dogecoin trading volume has surged by 28% to $2.44M in the past 24 hours amid growing interest in the meme coin.
According to crypto analyst Tesla Model Doge on X, Dogecoin's price has broken out from a 3-year channel, which could trigger a 500% rally in 2025. The analysis suggests that if the trend holds, the meme coin could hit the $2 target soon. Meanwhile, Dogecoin's market sentiment is bullish. If the meme coin maintains its bullish trajectory, it could hit $0.20 in November.
Source: Tesla Model Doge on X
Sui Token Targets $3 After Ika Launch
Sui, the layer blockchain and smart contract platform, is set for massive rallies after the recent news. In the latest Sui news, Ika, the world's fastest parallel MPC network, previously known as dWallet Network, is now live on the Sui Network.
Popularly known for its minimal latency, extreme scalability and zero-trust security, Ika aims to revolutionize multichain DeFi with secure and efficient solutions that don't require bridging. With the recent launch, Ika’s ultra-fast MPC network will power a wide range of applications on the Sui blockchain, such as DeFi interoperability, programmable Bitcoin, etc.
Meanwhile, the Sui price has dropped by a slight 3% in the past 24 hours as it struggles to hold the $2 support mark. However, Alex Clay, a crypto analyst on X, thinks that the Sui token has made a positive retest of the broken neckline shoulder. Alex thinks that a breakout could push the Sui token towards $6.9 in the short term and $9.6 in the long term.
Source: Alex Clay on X
The crypto market has witnessed a slight retracement in the past 24 hours, giving investors the window to accumulate high-potential cryptos. With the likes of Dogecoin and Sui dropping, Cutoshi could form a better alternative. Given the ongoing 20% bonus and the strong use case, this is the best time to accumulate CUTO.
For more information on the Cutoshi (CUTO) Presale:
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Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
