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How well is the Cutoshi meme project doing in its pre-sale stage and what is the future trajectory of ethereum price in Q3? Find out in the article.
Despite gaining over 4% in value in the last month, the ethereum (eth) token is struggling to regain a price value above the $3,000 threshold. However, a number of fundamental statistics could indicate an important moment in the history of the ethereum token.
Meanwhile, the cutoshi (CUTO) is becoming the most interesting meme movement on blockchain, with its firmly developed ecosystem and growth potential.
The Cutoshi project is everything users need in a DeFi utility coin
Cutoshi is an ethereum-based memecoin that is posing a challenge to Solana memecoins in terms of return on investment (ROI) potential. So far, CUTO has raised over a quarter of a million dollars in its first pre-sale stage. Built under ethereum ERC-20, CUTO is the next rival to major memecoins like Shiba Inu, Dogecoin, and more.
In context, the Cutoshi project is a synergy of DeFi hub, an educational platform, and a smart memecoin inspired by the Chinese lucky cat. As such, with its lucky inclination, investors can leverage the coin to grow their digital luck, increase their crypto performance, and earn more ROI.
Another notable aspect of Cutoshi is its ecosystem, which is a goldmine for most cryptocurrency enthusiasts. Sections of the ecosystem include Cutoshi DEX, a cutting-edge decentralized exchange where investors can trade and exchange assets across blockchains; and Cutoshi Academy, an effective movement that enlightens members on how DeFi works, etc.
Unlike other memecoins that emerged without direction, CUTO has a carefully planned roadmap and direction, ensuring that each investor moves forward and that their investment is safe and secure. With CUTO projected to grow 500% ahead of launch, investors have the opportunity to buy the pre-sale now at the price of $0.015 and position themselves for potential profits. Overall, Cutoshi is a project not to be missed.
<h2 class="wp-block-heading" id="what-direction-is-the-ethereum-price-headed”>Which direction is ethereum price heading?
With over $317 billion in market capitalization, ethereum is the second most valuable cryptocurrency in the industry. Since the beginning of the year, the price of ethereum began a promising uptrend that reached a high of $4,000 in March.
With investors predicting that eth could surpass its all-time high of $4,891 in 2024, the token was very promising in Q3 and Q4 2024. However, ethereum token has lost over 22% in Q3 to fall below $2,650 in value. according to ethereum/” target=”_blank”>market statistics. However, several top crypto analysts, including x.com/TedPillows/status/1840373593940586861?t=zRfiZMDr1PVaLEnUNYqE4Q&s=19″ target=”_blank”>Ted Pillows on twitter, they are backing ethereum to recover the price value of $4,000 in Q4 with a new ATH in 2025.
However, technical analysis shows that ethereum is trading below the 200-day SMA ($3,119). The recent setback can be linked to a series of whale sell-offs in recent weeks. Recent data from x.com/lookonchain/status/1840696489888432591″ target=”_blank”>look chain and x.com/spotonchain/status/1840583499612631403″ target=”_blank”>Point on the chain shows how the ethereum foundation and whales are dumping cryptocurrencies. Having failed to break above the $2,700 mark, the chances of reaching $3,000 are low.
<h2 class="wp-block-heading" id="cutoshi-vs-ethereum“>Cutoshi vs ethereum
According to Spot on Chain, the direction of the recent ethereum sell-off has a link to Vitalik Buterin, suggesting that the ethereum founder could be linked to the ongoing sell-off in recent weeks. Confirming that it is also the foundation that has disposed of the token. This series of dumping could drive down the price. As such, Cutoshi could be a smarter investment decision.
For more information on Cutoshi pre-sale, please visit: https://cutoshi.com/
Join and become a member of the community:twitter.com/CutoshiToken” target=”_blank”> twitter.com/CutoshiToken” target=”_blank”>https://twitter.com/CutoshiToken, https://t.me/cutoshi
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