The search for the next 100X token in the crypto market is an endless one. Investors who missed out on buying Bitcoin for a fraction of a cent didn’t waste time to jump on Ethereum a few years later. While other top cryptocurrencies like Solana (SOL) and Dogecoin (DOGE) have also yielded enormous returns, investors are now turning towards Cutoshi (CUTO) for a far-more profitable yield. The new meme coin project incorporates a DeFi ecosystem that sets it apart from its peers, prompting analysts to project a more lucrative future for the native CUTO token post-presale.
Cutoshi Holders Eyes 100X in Return as the MemeFi Project Commences Presale
The Cutoshi (CUTO) project has sparked enormous optimism among early token holders merely half-way through the 1st presale phase. Besides the possibility of achieving a 100X token status post-presale, the Chinese Lucky Cat-inspired meme coin is set to disrupt the meme coin market with its unique DeFi integration.
In particular, Cutoshi took a turn from the popular meme coin narrative by integrating DeFi elements such as a multi-chain DEX called the Cutoshi DEX, a community-focused farming protocol, and an NFT marketplace. With these features in place, coupled with other community-focused benefits, Cutoshi is set to appeal to a more diverse audience than an average meme coin like Dogecoin would.
Meanwhile, Cutoshi adopts a deflationary mechanism that ensures the native CUTO token continually experiences a surging demand. This is poised to raise the price of Cutoshi further, especially when it launches on CEX and DEX platforms.
Currently, the CUTO token is priced at $0.015 in the initial presale phase. However, with a soaring interest in the token, and a 100x growth projection, analysts are already teasing that the CUTO token could outperform top altcoins like Solana and Dogecoin.
Solana Price Hits Roadblock at $150 Price Mark
Solana (SOL) price recently surged by nearly 20% amidst ongoing market uptrend, reaching a weekly high of $153 from $127 recorded earlier in the week. However, since it made its way back above the $150 price mark, the native SOL token has had a hard time reaching new highs.
Meanwhile, recent Solana news reveals a drop of nearly $2B in market capitalization, which suggests that a fraction of sellers are taking advantage of the recent price surge. However, with the recent Breakpoint event at Token2049 held in Singapore still generating buzz, the Solana Network appears to have been enjoying enormous traffic lately with about a 24% increase in daily trade volume.
Dogecoin Price May Face a Prolonged Bearish Movement
Unlike Solana, Dogecoin (DOGE) has witnessed relatively lower network activity in the past few weeks, barely registering any surge until the past week. Basically, the Dogecoin price has taken advantage of the recent market uptrend, and has managed to register a little above 9% increase in the seven days.
Meanwhile, Dogecoin news reveals that a reduction of selling pressure from Dogecoin miners could potentially propel the price of the canine-themed meme coin to a new high. However, with DOGE token still trading very close to its 200-day moving average of $0.108, there may be no real movement any time soon.
Can Cutoshi Outshine Solana and Dogecoin?
Unlike most meme coin projects, Cutoshi’s ability to integrate DeFi elements not only makes it an appealing choice but also offers more value. As such, the MemeFi’s token ability to serve the benefits of both worlds makes it a worthy competitor to top altcoins like Solana and Dogecoin.
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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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