US policy movements have a major impact on the virtual currency market. From Tether to the ongoing legal battle with Ripple, the US government has often regulated the cryptocurrency market. However, with two of the leading candidates for the next US presidential election expressing support for cryptocurrencies, investors can expect increased market activity post-election.
Many projects are being developed in anticipation of a post-election rally, but TRON (TRX), Cardano (ADA), and Cutushi (CUTO) should be held for now as they may soar after the election. Three of the best coins.
Third quarter growth positions TRON for future profits
However, even though TRON (TRX) recorded impressive growth last quarter, the project has been struggling to generate significant profits since the beginning of the fourth quarter. Still, the project’s trajectory and activity suggest an impending rise in TRON prices.
In the third quarter alone, TRON (TRX) generated an impressive $151 million in revenue. This is largely thanks to SunPump, a meme coin launcher. Through SunPump, TRON (TRX) has been able to increase its user base and trading volume as tens of thousands of meme coins continue to be launched on the project.
Source: CoinMarketCap
The Defi industry is likely to welcome more crypto projects as the US presidential election increases excitement for a freer crypto market. And TRX crypto coin, which is currently one of the most popular blockchains, will greatly benefit from that influx. TRX price is currently on a decent upward trend of 4.61% per month, but the coin could record more tangible gains in the coming months after the election.
ADA price prediction: Top 10 now in sight
Cardano has gained a reputation in the cryptocurrency market for its proof-of-stake mechanism. And if recent market predictions are correct, the top Defi project is now one step closer to reclaiming its spot among the top 10 crypto projects.
Ahead of the US presidential election, Cardano trending news already suggests that the project is working with governments around the world. Earlier this month, Cardano (ADA) ambassador Mauro Andreoli reported on the X account that hosted the first legally and judicially enforceable contract on its network.
This development has created an aura of readiness around Cardano (ADA), as the Defi industry expects the new US government to reach out to the crypto market. Despite Cardano coin’s recent decline, there is a high chance that this coin will make a comeback soon.
Outstanding Crypto Project: Features and Potential of Cutushi
As new crypto projects flood the market, CUTO is one of the standouts to watch ahead of the presidential election. Cutushi is a project that embraces the Chinese beckoning cat as a meme symbol and aligns with Satoshi Nakamoto’s DeFi vision.
Katsi as a meme coin would typically represent an attractive investment opportunity for investors, given that meme coins have developed a reputation as huge pumps. However, the Cutushi project has additional features that make it an even more attractive investment, including a DEX platform. Cutushi DEX eliminates the need for users to engage a third party before exchanging or trading assets. DEXs provide a secure environment that allows trading between different chains.
Members can also access Cutoshi Academy’s learning materials to gain knowledge of the Defi system and have fun while earning through CUTO farming.
The pre-sale for CUTO is underway and has already raised over $500,000 in a short period of time. The low cost of CUTO tokens, as low as $0.022, has increased the demand for the project.
Cryptocurrency market expects post-election gains
With anticipation building in the crypto market ahead of the US election, now may be the best time to take advantage of post-election profits. Tron and Cardano (ADA) have rediscovered bullish momentum and could deliver decent gains, but Katoshi looks like the best bet in the post-election rally.
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
This is a sponsored article. The opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before acting on the information presented in this article.
