October is ending on a high note for Ethereum (ETH), as it managed to reclaim and hold a key resistance level. Meanwhile, meme coins are gearing up for a major comeback with green candles, flooding the charts across the board.
Floki (FLOKI) seems ready to fly, but another project could outshine it with its unique premise that blends meme energy and DeFi. Cutoshi could be one of the best plays of 2025.
A Big Move Ahead For Ethereum?
Ethereum has been consolidating around the $2,600 mark throughout most of October. Ethereum bulls tried to hold the $2,700 level as well, but this is where selling pressure intensified and the ETH price retraced. Right now, Ethereum sells for $2,604 with a 3.4% intraday decrease and an 18.7% drop in volume, with $18.9 billion worth of ETH traded in the last 24 hours.
Crypto analyst ionicXBT believes that Ethereum could be gearing up for a massive rally in the upcoming weeks, using $2,600 as a springboard. In a post on X, he pointed out that the 1-week MACD, a crucial indicator, is flipping bullish for the first time since April. This could mean that Ethereum could finally shift the trend and explode to new heights by the end of 2024.
Floki Bouncing Off Diagonal Support, What Next?
A string of rising lows suggests that Floki (FLOKI) has been moving upward, although the recent market uncertainty has barred it from aiming higher. However, analyst and trader Crypto Candy has pointed out that Floki has broken out of a descending trendline that has been pushing its price lower. The confluence between ascending and descending trend lines could lead to a surge in Floki’s price, especially when taking into account the broader sentiment of the crypto market, turning more and more bullish by the day.
According to Crypto Candy, the next target for Floki could be above the $0.00030 mark. But that would be just the start, as he predicts a 10x price multiplier for the meme coin at the peak of the bull cycle.
Cutoshi Is Leading The Meme Coin Revolution
By leveraging the meme coin narrative and providing a 360-degree DeFi experience, Cutoshi sets itself apart from the competition. This project has already captured the attention of investors, and more than $600,000 has been raised during the ongoing presale of the $CUTO token.
CUTO DEX is Cutoshi’s flagship feature. This is a non-custodial, decentralized exchange that ensures near-instant transactions across all major blockchains for just 0.25% in fees. 80% of these fees will go toward liquidity providers for their role in sustaining the ecosystem, while the remaining 20% will be allocated for buybacks and burns of the $CUTO token.
Since the token is designed to be deflationary, the constant reduction of the supply will progressively drive higher demand, paving the way for sustainable, long-term growth.
There are many ways to earn with Cutoshi’s comprehensive reward system. For starters, users can stake the $CUTO token on the platform and enjoy a passive income stream on autopilot. Additionally, they can take part in special events or complete various quests aimed at spreading awareness about Cutoshi and boosting its online standing. In return, users will receive cutopoints which can then be redeemed for more $CUTO tokens.
Stage 2 of the presale is live, with over 75% sold out already and $CUTO tokens selling for just $0.022. Additionally, a Halloween bonus of 20% on all deposits is available.
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