Popcat, Ripple, and Cutushi are three cryptocurrencies that are gaining attention from investors. Given the current bullish sentiment in the cryptocurrency industry, investors are shifting their strategies to buy the most profitable coins.
Cutushi in particular is creating new excitement as it prepares to dominate the DeFi sector starting with its grand pre-sale.
Popcat hits new high
Popcat (POPCAT) is a meme coin based on Solana. Like most meme coins, this one was inspired by viral internet memes. This particular meme features a short-haired domestic cat named Oatmeal. The cat’s mouth opens and closes, creating a comical impression.
Interestingly, Oatmeal was later developed as a game where users rank themselves on a leaderboard by clicking on images of cats to open and close their mouths. Now on the Solana blockchain, the meme-inspired POPCAT is growing in price and influence, benefiting from community engagement and speculation.
Recently, POPCAT’s price has hit an all-time high. According to a BeinCrypto report, the uptrend is likely to continue as buyers remain in control. In the report, we have explained what various indicators are telling us about POPCAT’s price movement.
The Relative Strength Index (RSI) is currently at 62.32, indicating there is still room for growth before the asset enters overbought territory. Additionally, the average directional index (ADX) remains strong, suggesting that POPCAT’s uptrend is likely to continue in the short term.
At the time of writing, POPCAT is trading at $0.9868, up 70.66% in the past month. If the uptrend continues as the report claims, early buyers will continue to calculate profits. This is a sign that investors should buy new meme coins like Cutushi for long-term profits.
Open interest ripple gain
Ripple (XRP) is one of the oldest cryptocurrencies designed for international payments. It once stunned the cryptocurrency world with its legal victory against security tagging by the SEC. The crypto project is gaining renewed interest among derivatives traders by testing its stablecoin, Ripple USD (RLUSD).
The payments and remittance company previously announced that RLUSD is pending regulatory approval and is aimed at institutions rather than individuals. XRP holders are excited about this development as RLUSD could lead to greater adoption of Ripple’s payments infrastructure and services, facilitating the use and adoption of XRP.
FXStreet reported that XRP open interest (a measure of market activity) jumped to a peak of $1 billion last week. It has since been revised to $846 million. The coin is trading at $0.5873, up 5.86% in the past month.
It is predicted that Kutoshi will become a 100x gemstone.
Cutushi (CUTO) is a new Ethereum meme coin that combines memes and DeFi. It has a great decentralized exchange (DEX) that connects different blockchains, allowing users to exchange coins and quickly trade across multiple chains.
The Chinese beckoning cat, known among Chinese people for bringing good fortune to homes and businesses, was the inspiration for Cutushi’s creation. Cutushi aims to bring good fortune to blockchain. In other words, the more early investors interact with the platform, the more likely they are to receive greater profits.
Additionally, users will enjoy incentives for staking $CUTO tokens and providing liquidity. Community members can also earn huge rewards in the form of $CUTO tokens by completing fun tasks and quests.
Another impressive feature of this project is Cutushi Academy, a learning platform that simplifies DeFi knowledge. All transactions within this ecosystem are performed with the native token $CUTO.
Investors who want to benefit from Cutushi’s innovative nature can purchase CUTO tokens at a discounted price of $0.015 in the ongoing pre-sale. Analysts believe that Kutoshi is a 100x gem.
For more information on the CUTO presale, please see below.
https://cutshi.com/
Join our community and become a member:
https://twitter.com/CutushiToken
https://t.me/cutshi
