October ends on a good note for Ethereum (ETH), as it managed to recover and hold a key resistance level. Meanwhile, meme coins are gearing up for a major comeback with green candles, flooding the charts across the board.
Floki (FLOKI) looks ready to fly, but another project could eclipse it with its unique premise that blends meme energy and DeFi. Cutoshi could be one of the best plays of 2025.
A big step forward for Ethereum?
Ethereum has been consolidating around the $2,600 mark for most of October. Ethereum bulls also attempted to hold the $2,700 level, but this is where the selling pressure intensified and the ETH price pulled back. Currently, Ethereum is trading at $2,604, down 3.4% intraday and down 18.7% in volume, with $18.9 billion worth of ETH traded over the past 24 hours.
Crypto analyst ionicXBT believes that Ethereum could be gearing up for a massive rally in the coming weeks, using $2,600 as a springboard. In a job on X, he highlighted that the 1-week MACD, a crucial indicator, is turning bullish for the first time since April. This could mean that Ethereum could finally reverse the trend and reach new highs by the end of 2024.
Floki bounces on the diagonal support, what next?
A series of rising lows suggests Floki (FLOKI) has been moving higher, although recent market uncertainty has kept it from aiming higher. However, Crypto analyst and trader Candy has underlines that Floki broke out of a descending trendline that caused its price to drop. The confluence between the ascending and descending trendlines could lead to a rise in Floki’s price, especially when taking into account the broader crypto market sentiment becoming more bullish by the day.
According to Crypto Candy, Floki’s next target could be above the $0.00030 mark. But that would be just the beginning, as he predicts a 10x price multiplier for the meme coin at the height of the bull cycle.
Cutoshi leads the Meme Coin revolution
By leveraging the narrative of meme coins and providing a 360-degree DeFi experience, Cutoshi sets itself apart from the competition. This project has already attracted the attention of investors and more than $600,000 has been raised during the ongoing presale of the $CUTO token.
CUTO DEX is Cutoshi’s flagship feature. It is a decentralized, non-custodial exchange that guarantees near-instant transactions on all major blockchains for just 0.25% fees. 80% of these fees will be returned to liquidity providers for their role in maintaining the ecosystem, while the remaining 20% will be allocated to redemptions and burns of the $CUTO token.
Since the token is designed to be deflationary, the constant reduction in supply will gradually lead to an increase in demand, paving the way for long-term sustainable growth.
There are many ways to win thanks to Cutoshi’s comprehensive reward system. To get started, users can stake the $CUTO token on the platform and enjoy a passive income stream on autopilot. Additionally, they can participate in special events or complete various quests aimed at spreading awareness about Cutoshi and improving his online reputation. In return, users will receive cutopoints which can then be exchanged for more $CUTO tokens.
Stage 2 of the presale is live, with over 75% already sold and $CUTO tokens sold for just $0.022. Additionally, a 20% Halloween bonus on all deposits is available.
For more information on the Cutoshi (CUTO) presale:
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