Ripple (XRP) is having a main character moment as Donald Trump’s victory has injected a heroic dose of optimism into the crypto market.
Meanwhile, a newcomer is often seen entering the trending category on X, Cutoshi. This is a hot new meme coin that is making waves with its unique DeFi-focused framework.
Ripple Is Range Bound, But Bullish Developments Are Lining Up
Over the last month alone, Ripple (XRP) enjoyed over 200% gains as it soared to levels unseen since 2021. Ripple peaked at $1.67, but as investors started booking profits and the market entered a correction, the XRP price retraced, testing the $1.40 support. In the last week, Ripple has now bounced back to this month’s peak. At press time, Ripple trades at $1.66.
One of the major catalysts responsible for Ripple’s rally has been Donald Trump winning the US elections. Time and time again, the president-elect has affirmed his pro-crypto stance, as he stated that he wants to encourage blockchain development and adoption. Moreover, he intends to overhaul the draconian regulatory framework that saw the SEC targeting many major projects.
The legal battle between Ripple Labs and the SEC has topped headlines over the last few years. But it seems that this is about to change, as speculations about a potential settlement in favor of Ripple have started circulating. Additionally, the chairman of the agency, the infamous Gary Gensler has announced his resignation and he is expected to step down in early 2025.
On the adoption front, Ripple is also making strides. The proprietary stablecoin RLUS is undergoing intense testing, while talks about the release of a spot XRP ETF have started abounding. When taking all this into consideration, it seems that 2025 is bound to be Ripple’s year.
However, at $80 billion in market capitalization, Ripple is long past the point of diminishing returns. It’s safe to say that any potential gains that Ripple investors could see will be most likely outpaced by undervalued, low-cap gems such as Cutoshi.
Cutoshi Is Set To Outperform Many Majors At The Height Of The Bull Run
Meme coins are mostly hype-driven and once the hype dies down and prices plummet, 99% of them never recover. Their inherent lack of a real use case (with notable exceptions).
Cutoshi flips the script by bridging the gap between meme virality and utility with its community-backed DeFi ecosystem.
Cutoshi focuses on decentralization and privacy, echoing the same ideals that inspired Satoshi Nakamoto to create Bitcoin and change the world forever. Users who engage with the Cutoshi ecosystem can do so anonymously and securely while knowing that no middlemen are allowed.
At the center of this ecosystem is $CUTO DEX, a cutting-edge, non-custodial exchange that unites disconnected blockchains. Users can seamlessly swap across a multitude of different crypto pairs at the lowest possible price and near-instantaneous speed.
Cutoshi implements a unique reward system nicknamed Cuto Farming. Users can reap monetary returns by staking $CUTO, providing liquidity, or completing missions and tasks aimed at maximizing Cutoshi’s presence in the crypto space. Moreover, Cutoshi has also launched a fun contest that will reward the best memes with a $2,000 prize pool. Readers who want to learn more can do so here.
The $CUTO presale has already raised over $1.1 million in funds and demand is skyrocketing. Tokens are up for grabs at the discounted price of $0.0259. This is a great entry point for inventors who want to gain $CUTO exposure while tokens are still this cheap. $CUTO is set to hit the markets at the best possible time, with the meme coin euphoria still dominating the market.
For more information on the Cutoshi (CUTO) Presale:
Join and become a community member:
https://twitter.com/CutoshiToken
