All eyes are on Ripple (XRP) and Ethereum (ETH). After taking the backseat of the majority of 2024, both projects have made significant comebacks as the crypto sentiment entered euphoria mode. Their rise has been galvanized by the presidential victory of pro-crypto candidate Donald Trump, which is expected to usher in a golden age for digital assets.
Another relatively unknown project has started making waves and it could soon disrupt the entire meme coin landscape — Cutoshi. Let’s discover why this one could be special.
Ripple Is Gearing Up For The Next Rally
With a 200% explosion, Ripple (XRP) is among November’s top performers, marking a local peak at the $1.61 level. As a market-wide correction began, Ripple retraced to $1.40, from which it bounced back by a few percentage points and is currently selling for $1.43.
On X, Charting Guy has shared an intriguing Ripple analysis that shows a multi-year Adam & Eve pattern on the chart. According to the analyst, if Ripple continues to follow this formation, it could soon experience a breakout and surpass its $3.84 2017 all-time high, soaring all the way to $5.
Bullish catalysts are piling up for Ripple, with asset manager WisdomTree joining the list of institutional entities filing for an XRP ETF, which could become a reality by the end of 2025. Furthermore, rumors have started circulating about a possible settlement between Ripple Labs and the SEC, fueled by chairman Gary Gensler’s upcoming resignation.
Pressure Is Building Up For Ethereum, Major Breakout Incoming?
Ethereum (ETH) is currently consolidating at $3,460 with a 4% day increase. Over the last 24 hours, Ethereum’s trading volume dropped by 26% as the market started cooling off and is currently sitting at $38 billion.
On-chain metrics are more bullish than ever for Ethereum, which just recently established a 2-year peak of $80 billion Total Value Locked (TVL). Ethereum’s appeal is also growing among institutional investors, the spot ETH ETF recording over $40 million of net inflows just recently, with Blackrock being the top player with its $50 million contribution.
The alignment of these factors, along with the extremely favorable market sentiments, could soon see Ethereum soaring to new heights. Analyst and trader EtherNasyonal has pointed out that Ethereum’s current price action is reminiscent of its memorable 2016-2017 run. If history rhymes, Ethereum could see $10k at the height of the 2025 bull run.
Cutoshi Flips The Meme Coin Script With DeFi Utility
Cutoshi is a meme coin that pays tribute to the Lucky Cats from Japanese legends. These cats are recognized as tokens of good fortune and Cutoshi, is quite literally a token of good fortune, as $CUTO powers the generous reward system that has already captured the attention of investors.
Cutoshi sets itself apart from the flavor-of-the-month meme coins with its utility-focused approach. Its flagship feature, CUTO DEX will offer near-instantaneous cross-chain swaps as it integrates all major blockchains in a single place.
Through the Cutoshi Farming system, individuals can participate in special events and complete fun quests aimed at boosting the project’s presence on social media. In exchange, they will receive points that can be redeemed for $CUTO tokens post-launch. Just a few days ago, Cutoshi announced a meme contest, inviting the community to share their best memes for a chance to win $2,000 in $CUTO. The contest will end on December 4 and readers who want to learn more can head to the official Cutoshi account on X.
The $CUTO presale is now selling out its third stage and tokens go for just $0.0259. Over $1 million has been raised so far and investors are joining in by the thousands. Given all that Cutoshi brings to the table and its incredibly low market capitalization, it could soon be on its way to outperforming majors such as Cardano and Ethereum in 2025.
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