Buy Signals Flash for Fantom and Dogecoin
Fantom (FTM) and Dogecoin (DOGE) are poised for growth, displaying promising buy signals. Meanwhile, a new meme coin, Cutoshi, is preparing for significant upward momentum, having raised over $550,000 in its presale.
Dogecoin Reclaims Support
Over the past month, Dogecoin has experienced a 28% increase. At present, it trades at $0.14, having gained 2.7% intraday. With a market cap of $20 billion, DOGE remains the undisputed king of meme coins and ranks eighth overall in the crypto market. A break above $0.15 resistance could initiate a bullish trend towards the yearly high of $0.22.
Tron Reaches Yearly High
Tron has consistently rallied since its 2022 bear market low of $0.05. It currently trades at $0.164, up 3.1% over the day. Tron has exhibited resilience and recently reached a new yearly high. According to Messari, Tron has experienced seven consecutive quarters of growing on-chain activity, resulting in significant revenue. In Q3, Tron generated $151 million in revenue, establishing itself as a top Layer 1 protocol.
Cutoshi: Changing the Meme Coin Landscape
Inspired by the Japanese Lucky Cat, Cutoshi aims to bring prosperity to the crypto space through its cross-chain DeFi ecosystem. CUTO DEX facilitates lightning-fast transactions with minimal fees. 80% of fees go to liquidity providers, while 20% are allocated to buybacks and burns. These burns drive price stability and sustainable growth.
Cutoshi Farming rewards users for staking $CUTO and completing tasks. With tokens currently selling for $0.022, the presale offers an attractive entry point. SolidProof has audited the project, and CoinMarketCap has listed it. These factors enhance its legitimacy and growth potential.
For more information on Cutoshi presale:
Cutoshi
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