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Bitcoin has soared to new highs following Donald Trump’s victory in the U.S. election. This bullish momentum has spiraled throughout the crypto market, with most projects in the green over the last 24 hours. While spectators debate whether or not Bitcoin will continue to rally, investors are adding Sui and Cutoshi to their portfolios with anticipation of several rallies before the end of 2024.
Bitcoin Expected To Soar During Trump Presidency
According to a recent report by JP Morgan’s MD Nikolaos Panigirtzoglou, Bitcoin could see a significant rally during the Trump presidency. The report highlights that as global geopolitical tensions rise, governments will begin to stack gold and Bitcoin as part of their economic reserves.
This implies that governments are recognising Bitcoin as a store of value, which could increase its perceived legitimacy among everyday investors. Furthermore, growing adoption could increase purchases from institutional investors, which could lead to further Bitcoin rallies.
Currently, Bitcoin is trading at $76,071. It’s increased by 22% over the last month with Bitcoin reaching a high of $76,943 on November 8.
Sui Announces Trace Partnership
The Sui Foundation recently announced a strategic partnership with Trace. Trace is a technology startup that looks to credentialize sports fantom. During this collaboration, Sui will operate as a technological partner. The Sui Foundation will help to unlock value from sport and sport entertainment using blockchain technology.
While still an experimental application, Trace believes it could help elevate the passion of fan bases globally through blockchain technology. This could be an extremely bullish move for Sui, helping Sui gain global traction amongst everyday investors.
Over the last week, Sui’s price has increased by 19% and Sui is currently trading at $2.31. Over the last 24 hours, Sui’s daily trading volume has decreased by 20% though remains extremely high at over $900 million.
Investors Look To Cutoshi To Maximize Their Returns
With the cryptocurrency market building momentum, many investors are looking for new opportunities to maximize their returns. Cutoshi Inspired by the Chinese lucky cat, the project aims to empower cryptocurrency investors by helping them to build knowledge and wealth.
The Cutoshi exchange is the heart of the project's ecosystem. It stands out by offering extremely low fees for cross-blockchain transactions. Low fees help to maximize investor returns, and the platform completes transactions in less than a second.
In addition to its exchange, Cutoshi also offers an educational platform. The platform covers the basics of crypto investing to more advanced strategies. Over the next few months, Cutoshi will be launching exclusive NFTs and merchandise to boost its ecosystem.
Currently, investors can take part in Cutoshi’s farming mechanism, where they can earn CUTO Points by engaging with the community. Over 1300 investors are already taking part, with hundreds more joining daily.
Stage two of the Cutoshi presale is almost sold out and over $700,000 has already been raised. While the project's Halloween bonus is over the price of $CUTO is about to pump again.
For more information on the Cutoshi (CUTO) Presale:
Join and become a community member:
https://twitter.com/CutoshiToken
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
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