As the bull market progresses, investors seek potential projects for life-changing investments. There are many potential coins, but those that can give multiplier returns are few and selecting those coins during a bull market is the best way to fully maximize the gains. In this article, we will discuss the top three potential coins - Cutoshi (CUTO), Ripple (XRP) and Near Protocol (NEAR).
Best Cryptocurrencies To Buy Now That Are Surging (Not Solana)
In this article, we will discuss the top three potential coins - Cutoshi (CUTO), Ripple (XRP) and Near Protocol (NEAR).
Best Cryptocurrencies To Buy Now That Are Surging (Not Solana)
Best Cryptocurrencies To Buy Now That Are Surging (Not Solana)
Ripple's XRP Ledger Powers India’s Digital Rupee Initiative
The Reserve Bank of India (RBI) is joining forces with Ripple Labs to develop its Digital Rupee project. The RBI intends to utilize Ripple's XRP Ledger and expertise in blockchain together with cross-border transactions to enhance the Digital Rupee's effectiveness and safety. The XRP Ledger is a global financial system with a very good connection to date. For India, applying the XRPL in its cross-border transactions will mean international transfers will be more cost-effective, thus resulting in an economic advantage.
Looking ahead, XRP-spot ETF updates and Donald Trump’s possible nomination as SEC Chair are expected to dominate the spotlight. A pro-crypto SEC Chair and a resolution to Ripple’s legal case could drive XRP to a new all-time high.
21Share Launches Near Protocol ETPs
21Shares has released new exchange-traded products (ETPs) for four digital asset tokens and among them is NEAR Protocol, a layer-1 blockchain. 21Shares has preferred NEAR Protocol to utilize the Staking ETP because it is a technology that can solve the issues of the current blockchain and reveal only the underlying technology to investors. NEAR Protocol tokens that are physical help back up this ETP; therefore, a very clear and direct link between the product and its actual underlying asset is ensured.
NEAR Protocol (NEAR) has been on a strong bullish trend and it was the most remarkable pullback from the downtrend that lasted for a long time. Nonetheless, NEAR has captured the focus of both traders and investors. Earlier today, NEAR reached its highest value over the last time of $7.04, which was followed by a fall to $6.08 and the result of a 23% increase during the past week. The price movement was following a breakout from a descending channel in late October, a pattern that slowed the development of the NEAR in the past and led to the price rally this year.
Cutoshi: The Best MemeFi Ecosystem For The Community
Cutoshi, a new DeFi coin, is making waves in the crypto market with its innovative approach to the Memefi space. Inspired by the charm of the Chinese Lucky Cat and Satoshi Nakamoto’s vision, Cutoshi combines fun and meaning, appealing to both investors and meme coin fans.
The team behind Cutoshi has introduced the Cutoshi DEX, a decentralized exchange that lets users swap digital assets across multiple blockchains. With a low fee, it delivers fast, efficient transactions while prioritizing security and privacy through peer-to-peer swaps. This saves users time and money without compromising on reliability.
A unique characteristic of Cutoshi is its Farming and Leaderboard system, which rewards community engagement. Through mission accomplishment, users earn Cutopoints that can later be converted into $CUTO tokens and leaderboard rankings. This gamified method facilitates loyalty and motivates active participation, hence helping the community become stronger.
The Cutoshi community can further engage by taking on fun quests and tasks to earn CUTO points, redeemable for $CUTO tokens. Additionally, until December 4, users can join the meme contest for a chance to win a $2,000 prize pool of $CUTO tokens awarded to the top 10 entries.
Unlike many meme coins with unlimited supplies, Cutoshi has a capped supply of 440 million tokens. Of these, 242 million are allocated for presale, while 7% are set aside for burning mechanisms. This limited supply and token burning could create buying pressure that pushes the CUTO price toward the $1 mark within a few months of its listing.
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Disclaimer: The above is a contributor post, the views expressed are those of the contributor and do not represent the stand and views of Outlook Editorial. All articles published under the special category are sponsored.
