The crypto market is bouncing back, with several cryptocurrencies emerging as viable investment options. Interestingly, memecoins Popcat, Bonk, and Cutoshi are the leading ones.
Popcat recently hit the headlines due to the Kraken listing announcement. Yet, the volatile nature of this meme coin, shown by POPCAT’s fluctuating sentiment, has some investors seeking stable options. Meanwhile, BONK’s quiet ecosystem has failed to attract market bulls.
Cutoshi, a project merging the DeFi utility with meme coin appeal, has emerged as a compelling alternative. Its presale has begun, and is turning out to be a massive success. Investors are jumping ship from Popcat and Bonk, to lock CUTO tokens, which could soon grow by 100 times as per market pundits.
Popcat Rises after Kraken Listing Announcement
The last few weeks have been positive for Popcat, which has been trending on both price and popularity charts. The market value of the token has increased by an impressive 114% within a month. It is currently available to trade at $0.85.
Moreover, analysts are expecting Popcat to touch the $1 mark soon. But what’s fueling this optimism? It is the announcement of the listing of POPCAT tokens on Kraken. The meme coin is also listed on Bybit, KuCoin, and OKX.
Kraken’s upcoming listing can increase Popcat’s market base, potentially boosting its trade. The rising social volume has also played a role in the token’s jump on price charts.
Bonk Suffers From Sluggishness
Inactivity in the Bonk ecosystem has caused a decline in the market value of the tokens. As per latest data from Coinbase, the price of BONK has fallen by 5% in the past month. You can now buy a token for $0.000017.
Experts cite a lack of development in the Bonk ecosystem, which could be the reason behind the latest price drop. They say that the meme coin has not introduced, or launched new features for a long time.
Thus, it has struggled to attract new investors, and become highly dependent on the performance of other cryptocurrencies like Bitcoin and Ethereum.
Cutoshi Presale Brings A Lucky Meme coin
Are you interested in experiencing the fun of meme coins, and the advantages of DeFi through a single project? If yes, Cutoshi is your answer! It is a memefi coin, aiming to put Ethereum based tokens on the charts, with a potential 100x growth.
The meme coin market is currently valued at $43 billion.
The project’s ecosystem includes multi-chain DEX, which will simplify swapping assets across different blockchains. It will have the Cutoshi Academy to help narrow the knowledge gap in crypto by bringing DeFi to the masses. Meanwhile, a collection of unique NFTs will add value to the ecosystem.
The platform will allow users to actively engage and win rewards by providing a gamified experience through Cutoshi Farming. Here, users can earn incentives by completing quests, and collecting points.
Moreover, the project cares about building a community. Exclusive Cutoshi Merch will allow users to express their passion for the project, and connect with like-minded individuals.
CUTO is the native token for the ecosystem. It will facilitate transactions and learning on the platform. Besides, its deflationary buy-and-burn mechanism will aim to create scarcity, potentially increasing its price.
Currently, in its first presale stage, CUTO is priced at an attractive $0.015. In the next stage, it will jump to $0.022. People who book these tokens now can gain the maximum benefits. According to experts, Cutoshi can see enormous growth in 2024 and is expected to outperform projects like Popcat and Bonk.
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
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
