Will Ripples Spread Lead to XRP ATH? Crypto analysts identify Suyu and new trending sensation Kutoshi as coins
Ripple's launch of a stablecoin backed by the UAE dirham has sparked excitement in the broader cryptocurrency market. This coincides with discussions around the upcoming RLUSD, with experts citing optimism about this stable coin and suggesting that it could be a key driver of cross-border payments and digital banking. These developments have created a tailwind for the XRP price, pulling it out of recent stagnation.
Meanwhile, Trump's victory signals changes for crypto, particularly Sui and Kutoshi, which are well-positioned for big gains. Kutoshi has quickly gained ground in the cryptocurrency market thanks to the unique combination of meme culture with the DeFi utility. Within weeks of its presale campaign, the project has raised over $800K as investors continue to flock to it.
When step 3 is entered, the value of CUTO increases
Kutoshi (CUTO) is quickly heating up in the crypto world as traders find their unique and playful vibes inspired by the Chinese lucky cat full of strong DeFi functionality. With a live farming protocol designed to reward users with CUTO tokens for completing missions and challenges, Kutoshi intends to create an engaging and interactive experience that will ultimately grow its user base. The project will launch its own business and NFTs to increase awareness in the community.
Kutoshi has a multi-chain DEX platform apart from this farming protocol that enables cross-chain exchanges. Here, traders can exchange crypto assets across multiple blockchains, avoiding interdependence issues. Also, the Learning Academy offers educational materials about DeFi and cryptocurrency, helping new investors achieve financial freedom. In this way, Kutoshi intends to increase DeFi's participation in the crypto market.
Additionally, the depreciation method maximizes long-term value appreciation. So far, Kutoshi is in stage three of its pre-sale campaign and is available at $0.0259. With the expected price increase in the next pre-sale stage, investors can take advantage of this amazing opportunity before it increases.
XRP Price Prediction: Could it hit the $10 mark?
After being dragged back by legal uncertainty, XRP's price may experience a reversal, especially now that a pro-crypto president has taken office. This development would lead to the departure of the widely criticized regulatory safety watchdog under chairman Gary Gensler. However, it has opened the door for the XRP ETF, clearing the way to new highs.
Indicators on the chain indicate that the 4-year symmetrical triangle pattern appears to have stalled. On the daily chart of XRP, this pattern seems to have developed and passed the high resistance level. The price of XRP encountered resistance at the $0.56 mark, which was inevitable as the relative strength indicated that the token was overbought before the index declined to a neutral position around 63.
Bullish sentiment is consistent with the MACD, waiting for a cross above the signal line. While the $0.56 resistance zone remains challenging, a breach of this point would push the value to $0.74, which looks like a breakout target. If this XRP price analysis comes true, a conservative price target could be the $2 mark by the end of Q4. While $10 XRP is unlikely in the coming months, network development could trigger rallies that could drive the token's price to faster and more significant gains.
Sui hit ATH after Trump's election win.
Following the election of Donald Trump as the 47th President of the United States, the price of Sui reached a higher level of 2.38 dollars. The rally was fueled by a surge in trading volume, which reached $2 billion during the period. However, the focus has cooled as expected, with the SUI price falling slightly to $2.24 on November 7. This still represents a strong measure of growth.
One of the main drivers behind the recent price increase was that more users are using the SUI blockchain, which has boosted investor interest in the crypto ecosystem. The gap started when SUI price found support around the $1.79 mark, rising 32.7% to reach the new ATH. Additionally, the Total Value Locked (TVL) increased from $892.98 on October 28 to $1.09 billion on November 7.
In particular, SUI's trading volume has increased significantly. It went from $432.9 million to $2 billion on November 6. With many network developments and collaborations, Sui Coin is well positioned for growth and has finally crossed the $3 mark.
Best token to buy in Q4
While the Sui and XRP tokens look promising in the long term, Kutoshi's presale may offer higher returns. With price increases at each pre-sale stage, investors will enjoy continuous ROI at each stage in a short period of time without having to worry about the turbulent market.
For more information about Cutoshi (CUTO) Presale:
https://cutoshi.com
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