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Solana, Tron, and Cutoshi are gearing up for significant movements, with whale activities driving SOL, TRX approaching breakout points, and Cutoshi set to revolutionize MemeFi with its innovative ecosystem.
Solana (SOL) seems poised for its next upward movement as large investors are consistently acquiring at lower prices, enhancing their substantial holdings of SOL. In parallel, Tron (TRX) and Cutoshi (CUTO) are also hinting at potential breakout scenarios that could see them rise dramatically in the coming weeks.
Particularly, Cutoshi has been capturing the attention of cryptocurrency veterans and meme coin enthusiasts alike. With its groundbreaking MemeFi ecosystem, Cutoshi might soon transform the entire landscape of meme coins and emerge as one of the standout projects of 2025.
Solana is consolidating just beneath the $240 resistance.
Solana continues to play a pivotal role in the current cryptocurrency market, boasting a market cap of $113 billion that places it 5th in the ranking of cryptocurrencies. Over the past two weeks, Solana has been trading sideways after achieving a new all-time high of $263. Following a corrective phase, Solana returned to lower levels, with every dip being quickly absorbed, indicating persistent buyer interest.
According to on-chain tracker Lookonchain, there has been a notable increase in whale activities this week, with four substantial Solana wallets withdrawing approximately 185,000 SOL tokens from Binance, equating to around $42 million.
Furthermore, Solana continues to benefit significantly, as…
Tron enters a reaccumulation phase after hitting its ATH
Tron (TRX) has emerged as one of the strongest contenders in 2024, maintaining an uptrend since the end of the 2022 bear market. Even during the challenging summer months, Tron exhibited remarkable stability, culminating in a surge of over 150% in November, reaching a new all-time high of $0.43.
As profit-taking occurred, Tron experienced a pullback and is currently trading at $0.31, reflecting a 3.8% intraday decline. At present, Tron is regaining momentum as it consistently tests a high-demand zone around the $0.30 level.
Trader and analyst Mihir indicates that this recent peak in Tron’s price aligns with an ascending trendline where previous cycle highs converge. This trendline has functioned as a dynamic resistance level, and a breakout could allow Tron to achieve escape velocity, potentially surpassing $1 in the months ahead.
Cutoshi is the new shining star in the meme coin universe
Cutoshi brings together the worlds of memes and DeFi. The project unveils a state-of-the-art decentralized platform, CUTO DEX, designed to bridge the gap between isolated blockchains and facilitate instant asset swaps for users.
Cutoshi draws its inspiration from the Lucky Cats of Japanese folklore, who are revered for bringing prosperity to businesses. Cutoshi tokenizes luck and integrates it into the blockchain, allowing early investors to enjoy the benefits.
Cutoshi is also set to provide financial incentives for users who stake the CUTO token or add liquidity. Additionally, community members will have the chance to engage in enjoyable tasks and quests to earn extra income through the Cutoshi Farming initiative.
Stage 4 of the presale is now underway, with CUTO priced at just $0.031. This represents an ideal opportunity for early investors seeking to engage with a promising new, utility-driven meme coin project.
For further details about the Cutoshi presale, please visit the website.
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