One thing is for sure, meme coins are here to stay and currently, three projects are garnering massive attention. Dogecoin (DOGE) of course, still has the first-mover advantage and is not just the biggest meme coin on the market, but also a major player in the wider cryptocurrency market.
Pepe made waves with its stellar rise which saw it achieve massive price multipliers in record time. The last one is a brand new project that is already making waves with its unique blend of meme energy and DeFi capabilities: Cutoshi.
Let’s see how Cutoshi compares to established meme coins such as Dogecoin and Pepe.
Dogecoin Consolidating Before The Next Rally?
Dogecoin has reclaimed the key $0.13 level and is currently consolidating around this mark after it broke above the $0.12 range. At press time, Dogecoin sells for $0.138 with little to no action, in terms of daily price movement. Volume is relatively stable as well with $1.51billion worth of DOGE traded in the last 24 hours.
Meanwhile, a major Dogecoin upgrade named Dogebox 0.3.0 is going live soon. This will include SPV support, which will allow for improved Dogecoin transactions across devices with limited resources. Moreover, this upgrade includes general bug fixes and enhancements for the Dogebox ecosystem, which is an independent, decentralized platform built as a utility layer for Dogecoin.
Pepe Is Ranging But The Big Picture Is Bullish
Although Pepe (PEPE) has been moving in a narrow channel around the $0.00001 mark, when zooming out it is clear that its price structure is very much intact. After bottoming out at $0.0000066 in July, Pepe has entered an upward trajectory and seems to be on track to reclaim its yearly peak of $0.0000016.
WhaleInsider points out that Pepe is forming a bullish pennant on the chart which could indicate that a breakout is coming soon. According to the analyst, a breakout could result in Pepe entering escape velocity and speedrunning a $25 billion market cap at the height of the bull market.
Cutoshi Wants The Meme Crown
Cutoshi is set to disrupt both the meme coin and DeFi space, with its cutting-edge framework. Inspired by the Lucky Cat from Chinese and Japanese tradition, Cutoshi blesses the blockchain with prosperity and good luck.
CUTO DEX is Cutoshi’s flagship feature. A cross-chain exchange that allows users to instantly trade assets between a multitude of blockchains at the lowest possible fee. This not only grants unparalleled versatility but also reduces entry barriers. Hundreds of investors have already taken notice of Cutoshi’s potential and the presale numbers show skyrocketing demand with more than $550,000 raised in record time.
Cutoshi wants the community to win, this is why the Cutoshi Farming model will enable players to earn rewards the more they engage with the ecosystem. By taking part in special events and missions, users will receive cutopoints which can then be redeemed for $CUTO tokens. Additionally, they can stake the $CUTO token for a new passive income stream.
One of Cutoshi’s most interesting features is the Cutoshi Academy, an educational hub created to assist beginners on their crypto journey. Along the way, members can learn the basics of trading and how to create a future-proof portfolio. This initiative aims to foster a welcoming environment, promote adoption, and spread awareness of Cutoshi.
Stage 2 of the viral $CUTO presale is live, and tokens sell for only $0.022. This is the perfect entry point for investors who want to be early on a potential crypto gem. It’s not unrealistic to expect this project to outpace both Dogecoin and Pepe once the bull market is in full swing.
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
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