Near Protocol was a top-performing altcoin in September, rallying over 25% to $4.94. Going into Q4, analysts believe that Near Protocol could continue to rally, with several analysts anticipating highs of over $20.
However, Near Protocol is facing fierce competition from Cutoshi, an innovative new meme coin hybrid that looks to revolutionize meme coins. Here’s why analysts believe it could become one of the best-performing projects of 2024.
Could Near Protocol Reach $20?
Following a series of price rallies in September, Near Protocol has attracted the attention of several big analysts in the market. Crypto Bullet, a popular expert, recently took to X to express his bullish perspective about the token.
According to Bullet, Near Protocol could replicate its 2023 success, reaching highs of $29. The analyst believes that Near Protocol has the potential to top out at $52, though this is unlikely to occur in 2024.
At the time of writing, Near Protocol was trading at $4.92, down 10% over the last 24 hours. However, despite the dip, Near Protocol’s daily trading volume is up by 65% to over $500 million, suggesting that investors are buying the dip and remain bullish.
Cutoshi Reinvents The Definition of Meme Coins
Cutoshi is bringing utility to meme coins with its innovative Lucky Cat inspired ecosystem. The project looks to empower cryptocurrency investors, providing them with everything they need to build wealth in the DeFi market. To achieve this, Cutoshi offers several features throughout its ecosystem.
The project’s main feature is the Cutoshi exchange. This non-custodial, cross-chain exchange connects major blockchains on a single platform. The platform offers low fees and fast transaction times, ensuring investors can maximize their returns while reducing costs.
Another key feature of the Cutoshi ecosystem is Cuto farming. This feature will allow investors to generate an income by staking $CUTO tokens for rewards. Additionally, investors can complete quests throughout the Cutoshi presale to earn points. These points can then be redeemed for $CUTO tokens.
To help investors understand crypto and how to invest, Cutoshi introduces the Cutoshi Academy. This educational platform will help new investors understand cryptocurrency and the DeFi market. It will educate them on different terms, investment strategies, and more. By reducing the knowledge gap, Cutoshi hopes to make crypto go mainstream.
To bolster its ecosystem and build a dedicated community, Cutoshi also plans to introduce its own NFT collection and merchandise. This will take Cutoshi into the offline realm and create loyal fans.
Cutoshi is selling out fast during its presale, during which just 55% of the total $CUTO supply will be sold. Currently, $CUTO tokens are available for just $0.015. This low price barrier is the perfect opportunity for investors to get involved before the price of $CUTO soars.
By bringing greater utility to the meme coin space, Cutoshi already stands out in a highly competitive market. According to experts, $CUTO could soar by over 100x in 2025, making its early presale price a great opportunity for huge profits!
For more information on the Cutoshi (CUTO) Presale:
Join and become a community member:
