Top 5 Altcoins To Buy Before The Q4 Rally
Crypto tokens have seen a period of decline in the past few months. However, recent indicators show that markets are quickly gaining momentum. Traders are looking to use the upcoming Q4 rally to buy up the best altcoins on the market. Is the rally really coming? Well, after a period of stability, Bitcoin almost broke [...]
Crypto tokens have seen a period of decline in the past few months. However, recent indicators show that markets are quickly gaining momentum. Traders are looking to use the upcoming Q4 rally to buy up the best altcoins on the market.
Is the rally really coming? Well, after a period of stability, Bitcoin almost broke $64,000 again, and traders are gearing up for the next bull run. With the most recent halving event in April this year, the excitement is ramping up for the next all-time high. In this article, we will look at the five most promising altcoins for the next rally: Cutoshi, Ethereum, Solana, CatCoin, and BabyDoge.
Cutoshi Expects 100X Rise, as Memecoin With Utility
Ethereum-based memecoin Cutoshi (CUTO) is a fun token with strong utility. Its avatar takes inspiration from the Chinese Lucky Cat, a recognizable symbol everywhere in the world. As such, it aims to bring luck and prosperity to its holders, as well as reward them directly.
This fun new memecoin packs a punch. At its core is its Multichain Decentralized Exchange (DEX). Unlike centralized exchanges, DEXs focus on security and privacy. Its multichain features mean that it will be more accessible to different traders, no matter the chain. Cutoshi will also have a crypto academy, helping those new to crypto learn all there is to know about investing.
The project will also feature NFTs, which will be an additional reward to the community. With NFTs making a comeback, this is a welcomed opportunity for even more profit. Last but not least, Cutoshi will have its own merch, giving you a fashionable way to express your support. With Cutoshi, it’s all about blending fun with utility.
But the real reason for Cutoshi’s 100x potential is the fact that it’s still in its early stages. As its presale just launched, Cutoshi has a long way to go from here. With 55% of the tokens set for the presale, Cutoshi has a strong base for future growth. Priced at just $0.015 per token, this fun token is a steal. So get your tokens before the price increases, and get ready for 100x gains.
Ethereum’s Ecosystem Cements it as the Biggest Chain
Ethereum (ETH) has had a solid showing recently, seeing a 50% rise this year. At about $300 billion in market cap, ETH is strong in its position as the second-largest crypto. Its ecosystem is even more dominant, with a total value locked (TVL) of $46,79 billion, far above any other chain.
Thanks to its strong ecosystem and continued improvements, Ethereum looks set to remain dominant. The Decun upgrade also went live this year, and continued improvements are in progress. These improvements will make Ethereum more scalable, as well as tackle its high gas fees. The continued upgrades will also boost Ethereum tokens, including memecoins, like Cutoshi.
Solana Sees Remarkable Comeback
Solana (SOL) has seen a remarkable comeback, recovering from its post-FTX collapse lows. Despite close ties to the bankrupt FTX, Solana proved its worth as a strong and innovative project.
After several successful initiatives, including the Saga phone and technical upgrades, the Solana token recovered. Solana surged 610% yearly, from $20 to $142. Its ecosystem also experienced major growth, thanks to the memecoin craze.
This has put Solana in the big leagues, reaching fifth place in total market cap. The total value locked (TVL) of its DeFi ecosystem also exploded to $5 billion, putting it in third place after Ethereum and Tron. This strong position puts Solana in a great place to expand, once the crypto markets see a rally.
CatCoin Sees Stellar Performance, Despite Recent Decline
BNB-based CatCoin (CAT) memecoin saw truly impressive performance recently. After riding the memecoin wave shortly after its launch, CatCoin catapulted in March. Despite its subsequent decline, CatCoin is still up 15,184.59% year over year
Dubbed the “most memeable memecoin on the blockchain,” CatCoin is riding the hype train of memes. Focusing on decentralizing its community, CatCoin calls itself the memecoin of the people. And with a market cap of just $15 million, the token has strong potential.
If the crypto markets go up, we could see another memecoin hype wave. This could boost tokens like CatCoin. Still, it will take a lot to recover its past losses, as the token is still down 83.03% from its all-time high in March this year.
BabyDoge
Another BNB-based token, BabyDoge memecoin has been on a wild ride. Launched in July 2021, it has been here for more time than many other tokens. And still, it has shown remarkable resilience. Currently up 117.57% yearly, it has shown an impressive rise over the last few days. In fact, most of its gains were in the last week, when it saw a 143% explosion. This came after its Binance listing, a big event for all memecoins.
Its primary focus is to build a community around animal welfare and pet adoption. With a cause like that, BabyDoge has attracted a huge following. Baby Doge also has a decentralized marketplace, Baby Doge Swap, adding further to its utility. It also recently launched an AI image generator. This fun tool allows holders to create baby doge characters they can then use as profile pictures.
Conclusion
While Cutoshi, Ethereum, Solana, and CatCoin, all have potential, Cutoshi takes the lead. Because it is in such an early stage, its growth potential is much higher. This means that traders looking to 100x their investment as soon as possible should take note of it.
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