help make a fortune, as depicted by projects like Dogecoin. DOGE’s value has skyrocketed exponentially since launch.
Now, a new meme coin, Cutoshi, is set to replicate the magic. This new project has brought meme coin profitability and DeFi utility together. Hence, Dogecoin whales are joining its rival, Cutoshi, for better profits.
Dogecoin Leads In Holders
Dogecoin is the biggest meme coin in the crypto world, as per data from CryptoRank. There are more than 4.98 million holders of DOGE tokens. This is significantly higher compared to Shiba Inu, the second-largest meme coin, which is held by 1.40 million people.
On the social media platform, X, Dogecoin is leading with around 987k followers. Experts say that Dogecoin’s recent price rise has been a primary factor behind this user support. In the past week, the market value of DOGE has increased by around 6%. The token is trading at $0.11.
Miners are further aiding the price rise of DOGE. Reports show that DOGE miners prefer to hold the meme coin than to sell it. This has reduced the selling pressure on Dogecoin, and increased its demand.
On the sidelines, renowned crypto expert, Ali Martinez, has shown a positive take on this dog-themed memecoin. He has revealed that Stochastic RSI, a key indicator of Dogecoin, is predicting a price correction. However, the price correction will be in the short term, and Dogecoin can experience a breakout soon.
Cutoshi Sets Record In Meme coin Presale
A meme coin with DeFi advantages and a vibrant ecosystem – does it sound improbable? Well, it should not anymore, thanks to Cutoshi, a newly launched crypto project. It echoes the original vision of Bitcoin founder, Satoshi Nakamoto, and is based on the principles of decentralization, privacy, and monetary freedom.
Unlike other memecoins that are highly reliant on market trends, Cutoshi offers real-world use cases. This trending new DeFi coin mixes the best features of meme coins and DeFi services.
What makes the project unique is its multi chain decentralized exchange (DEX), along with a unique collection of NFTs. Cutoshi will allow users to execute peer-to-peer trading across various blockchains. This increases transparency, and makes trading more profitable.
The learning academy, and token farming makes Cutoshi more engaging. Users will be allowed to participate in various activities, and challenges on the platform. Upon successful completion of quests, they can collect Cutopoints, and win rewards. The Cutoshi Academy aims to bridge the knowledge gap to make the DeFi industry accessible to the masses.
The Cutoshi ecosystem will have CUTO as its native cryptocurrency. Owning it will allow users to get trading discounts on the DEX, transact in the learning academy, and buy merch. The total supply of CUTO tokens will be limited to 440 million. It will also have a deflationary feature, which will protect its value from inflation.
The presale of the Cutoshi has started. Currently, investors can buy a CUTO token for just $0.015. If anyone joins the project in its early phase, they can earn a handsome profit.
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
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the viewsof Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
