Ethereum News: ETH Surpasses $2600, Floki And Cutoshi Join The Crypto Craze
October
is
ending
on
a
high
note
for
Ethereum
(ETH),
as
it
managed
to
reclaim
and
hold
a
key
resistance
level.
Meanwhile,
meme
coins
are
gearing
up
for
a
major
comeback
with
green
candles,
flooding
the
charts
across
the
board.
Floki
(FLOKI)
seems
ready
to
fly,
but
another
project
could
outshine
it
with
its
unique
premise
that
blends
meme
energy
and
DeFi.
CutoshiCutoshi“>
Cutoshi
could
be
one
of
the
best
plays
of
2025.
A
Big
Move
Ahead
For
Ethereum?
Ethereum
has
been
consolidating
around
the
$2,600
mark
throughout
most
of
October.
Ethereum
bulls
tried
to
hold
the
$2,700
level
as
well,
but
this
is
where
selling
pressure
intensified
and
the
ETH
price
retraced.
Right
now,
Ethereum
sells
for
$2,604
with
a
3.4%
intraday
decrease
and
an
18.7%
drop
in
volume,
with
$18.9
billion
worth
of
ETH
traded
in
the
last
24
hours.
Crypto
analyst
ionicXBT
believes
that
Ethereum
could
be
gearing
up
for
a
massive
rally
in
the
upcoming
weeks,
using
$2,600
as
a
springboard.
In
a
postpost“>
post
on
X,
he
pointed
out
that
the
1-week
MACD,
a
crucial
indicator,
is
flipping
bullish
for
the
first
time
since
April.
This
could
mean
that
Ethereum
could
finally
shift
the
trend
and
explode
to
new
heights
by
the
end
of
2024.
Floki
Bouncing
Off
Diagonal
Support,
What
Next?
A
string
of
rising
lows
suggests
that
Floki
(FLOKI)
has
been
moving
upward,
although
the
recent
market
uncertainty
has
barred
it
from
aiming
higher.
However,
analyst
and
trader
Crypto
Candy
has
pointed outpointed out“>
pointed
out
that
Floki
has
broken
out
of
a
descending
trendline
that
has
been
pushing
its
price
lower.
The
confluence
between
ascending
and
descending
trend
lines
could
lead
to
a
surge
in
Floki’s
price,
especially
when
taking
into
account
the
broader
sentiment
of
the
crypto
market,
turning
more
and
more
bullish
by
the
day.
According
to
Crypto
Candy,
the
next
target
for
Floki
could
be
above
the
$0.00030
mark.
But
that
would
be
just
the
start,
as
he
predicts
a
10x
price
multiplier
for
the
meme
coin
at
the
peak
of
the
bull
cycle.
Cutoshi
Is
Leading
The
Meme
Coin
Revolution
By
leveraging
the
meme
coin
narrative
and
providing
a
360-degree
DeFi
experience,
Cutoshi
sets
itself
apart
from
the
competition.
This
project
has
already
captured
the
attention
of
investors,
and
more
than
$600,000
has
been
raised
during
the
ongoing
presale
of
the
$CUTO
token.
CUTO
DEX
is
Cutoshi’s
flagship
feature.
This
is
a
non-custodial,
decentralized
exchange
that
ensures
near-instant
transactions
across
all
major
blockchains
for
just
0.25%
in
fees.
80%
of
these
fees
will
go
toward
liquidity
providers
for
their
role
in
sustaining
the
ecosystem,
while
the
remaining
20%
will
be
allocated
for
buybacks
and
burns
of
the
$CUTO
token.
Since
the
token
is
designed
to
be
deflationary,
the
constant
reduction
of
the
supply
will
progressively
drive
higher
demand,
paving
the
way
for
sustainable,
long-term
growth.
There
are
many
ways
to
earn
with
Cutoshi’s
comprehensive
reward
system.
For
starters,
users
can
stake
the
$CUTO
token
on
the
platform
and
enjoy
a
passive
income
stream
on
autopilot.
Additionally,
they
can
take
part
in
special
events
or
complete
various
quests
aimed
at
spreading
awareness
about
Cutoshi
and
boosting
its
online
standing.
In
return,
users
will
receive
cutopoints
which
can
then
be
redeemed
for
more
$CUTO
tokens.
Stage
2
of
the
presale
is
live,
with
over
75%
sold
out
already
and
$CUTO
tokens
selling
for
just
$0.022.
Additionally,
a
Halloween
bonus
of
20%
on
all
deposits
is
available.
For
more
information
on
the
Cutoshi
(CUTO)
Presale:
https://cutoshi.com/https://cutoshi.com/“>
https://cutoshi.com/
Join
and
become
a
community
member:
https://twitter.com/CutoshiTokenhttps://twitter.com/CutoshiToken“>
https://twitter.com/CutoshiToken
https://t.me/cutoshihttps://t.me/cutoshi“>
https://t.me/cutoshi
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