Moreover, the Toncoin price has reached a critical support level, raising optimism about an anticipated surge. This move has seen investors accumulate Toncoin and a new Ethereum-based meme token, Cutoshi. The Cutoshi presale is nearing the completion of stage with over 95% already sold out, and is set to record a new price surge.

Cutoshi Aims For Another Price Rally As Stage Two Nears Completion

The Cutoshi presale is witnessing a significant surge in momentum, as the CUTO token has already raised over $700K. This comes when the project has already rewarded early investors with over 46% ROI. This significant price uptrend has been attributed to Cutoshi’s unique ecosystem features, which include its decentralized exchange, learning platform, farming mechanism, and NFTs.

Moreover, the Cutoshi farming is set to launch soon and will provide its community with a new way of earning by completing different tasks within the ecosystem. The project’s limited token supply will also drive an immense demand for the token, potentially pushing the CUTO price to the $1 mark by early 2025.

Solana Nears The $186 Resistance Level: Is $200 Nearby?

Solana has witnessed significant price movements over the past weeks, outshining ETH in several key markets. According to DefiLIama, Solana’s TVL on the blockchain seems to have gained around 6%. Solana’s Chaikin Money Flow indicator is also above the 20 thresholds, signaling bullish inflow conditions, often preceding significant profit-taking events.

This reading suggests mounting pressure for investors looking to secure gains, which could impact the SOL’s upward trajectory. Technical indicators such as the RSI, which is at 61, and the 20—and 50-day MA, which are trading below Solana’s current price, support bullish momentum for the SOL token.

Source: CoinMarketCap

However, the token’s $186 barrier represents a formidable challenge for Solana’s immediate prospects. If this resistance holds firmly, market participants anticipate a potential Solana price retracement to established support at $161. If the broader market dynamics and recent developments override this resistance level, a successful breach past $186 will see the token aim for higher targets toward the $200 mark.

Toncoin Price Prediction: Will It HIT $8 By 2025?

The price of Toncoin is around $4.9, representing a slight 24-hour rally. However, according to CryptoQuant, historical data for TON’s price based on the crypto’s Price Heat Map shows the token price has dropped below its one-year MA.

Source: CoinMarketCap

Historically, the price of TON has only fallen below this level during bear markets. Given Q4’s bullish momentum, the analysts claim the Toncoin support level offers a better risk-reward ratio for long-term investing. If the price of TON hits Sigma8, investors will have a substantial profit margin.

While the price of Toncoin is in a relatively calm zone, TON’s price movement indicates a noticeable dip in the asset’s volatility. The analysts also noted that the price of Toncoin might remain at the one-year MA levels for an extended period. This zone might, therefore, be considered a desirable opportunity to accumulate digital currency.

Can Cutoshi Mirror Solana Price Performance?

As Solana continues to experience massive waves, with Solana-based meme coins recording impressive surges, Cutoshi is also set to push Ethereum-based meme coins back to the limelight. Due to the project’s hybrid DeFi ecosystem, its growing presale stage has garnered significant attention.

For more information on the Cutoshi (CUTO) Presale:

https://cutoshi.com/

Join and become a community member: 

https://twitter.com/CutoshiToken https://t.me/cutoshi

This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.