Cryptocurrencies are an excellent choice for investors tired of traditional finance systems and their bottlenecks. In a great development, the Turkish government has decided not to tax cryptocurrency and stock investments. The news is expected to have a positive effect on digital currency trading in the country and boost the ongoing crypto market rally.
Meanwhile, with Bitcoin hitting new highs, other highly valued coins like Nervos Network, Floki, and Cutoshi are witnessing massive rallies. Although Cutoshi is new, analysts are optimistic that its unique multi-chain DEX exchange will increase the rate of DeFi adoption and overall CUTO ecosystem growth.
In the past, people placed the Chinese Lucky Cat in their homes to harness its Lucky powers. Cutoshi is bringing the Lucky Cat to the blockchain. The platform is an embodiment of decentralization, Freedom, and anonymity, which are Satoshi Nakamoto’s original visions for blockchain technology.
Combining the original vision for blockchain technology and Lucky Cat, Cutoshi is developing an ecosystem where users are given decision-making powers and control. The Cutoshi ecosystem includes a multichain decentralized exchange that allows for easy asset swapping. With no issues of asset bans, Cutoshi is already compared to Uniswap and PancakeSwap.
Users can learn more about cryptocurrencies and DeFi through the Cutoshi Academy while also earning through Cutoshi farming. The ecosystem is designed to reward users for participating in events. Meanwhile, barely a few weeks into the presale Cutoshi has raised over $180k. Early adopters can jump at the $CUTO token now for just $0.015.
With that in mind, major analysts Cutoshi price prediction is $0.05 in the short term and $0.10 when it is listed in exchanges such as MEXC.
CKB Tipped for Positive Price Movement
Nervos Network (CKB) value is sailing massively in recent weeks. CoinMarketCap shows a 93% surge in CKB price in the past month. CKB market cap sits at $754 million, with analysts projecting $1B by 2025.
Crypto expert, Trader AAG sees CKB breaking the diagonal trendline in 1-hour timeframe. The analyst believes that with the price movement, the coin will pump soon. The projection could be right, as the CKB token recorded 18 green days in the past month, which is very bullish.
Meanwhile, CKB trades above the 50-day and 200-day SMA. However, the RSI-14 is 71, which is a sign of being overbought. The Nervos Network’s attempt at breaking the $0.0194 mark in the past few days was unsuccessful leading to a drop to $0.0168 as hype continues to fade. As such, in their CKB price prediction for October, experts in Coincodex predict an 8% drop.
Floki Collaborates with Alliance Esports for Online Branding Boost.
Floki (FLOKI) is a top meme coin that has seen a huge price jump in recent times. To boost its online presence, one of Floki’s brands, Valhalla, has collaborated with a top esports organization, Alliance. Floki Valhalla’s partnership will allow new esports players to tap into the advantages of Web 3.
Meanwhile, Floki’s price has soared by 973% in the past year based on CoinMarketCap market stats. The trading volume of Floki is also up by 92%, which puts it among the most traded coins. Because of its upswings, Coincodex predicts a 225% gain for the Floki Coin in October.
More review of the market stats shows that Floki’s price volatility is 7%, which shows stable price movement. With its bullish market sentiment and its goal to break the $0.00020 crucial mark, the Floki token could be a force to reckon in the market in Q4.
What are the Ideal Coins Investors Should Buy Today ?
Finding profitable cryptos in the market could be tricky, but with patience and research, you will find cryptos that could triple your investment. With the bulls exerting their control, Nervos Network, Floki and Cutoshi are cryptos to watch out in the coming weeks.
For more information on the Cutoshi (CUTO) Presale:
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