The search for the next breakthrough cryptocurrency intensifies as the year runs out, and many savvy investors are looking towards emerging crypto projects for the most lucrative opportunities.
Notably, people who made early investments in Pepe (PEPE) coin are drawing comparisons to rapidly growing stars like BlockDag (BDAG) and Cutoshi (CUTO).
Meanwhile, Cutoshi has particularly been drawing enormous attention in the presale market following its recent listing on CoinMarketCap. The crypto asset has been trending because of its innovative approach of blending meme coin entertainment and decentralized (DeFi) finance.
Inspired by Satoshi Nakamoto’s Bitcoin core principles, Cutoshi champions privacy, decentralization and monetary freedom. As such, the Cutoshi ecosystem houses features like a DEX platform, a staking protocol and a farming mechanism that allows participants to engage in community quests in order to earn complementary rewards like tokens, NFTs and merch.
Another interesting aspect of the Cutoshi project is the cultural theme which is inspired by the popular Chinese Lucky Cat associated with good luck, progress and wealth. Additionally, there is a learning academy dedicated to spreading DeFi knowledge.
These, coupled with a self-sustaining tokenomics, sets the Cutoshi ecosystem apart from its peers. Speaking of which, the native $CUTO token powers up the entire operation within the ecosystem.
Meanwhile, it adopts a burning mechanism that depletes its token supply and boosts its value over time. While it currently sells for $0.022 in the second presale phase, the $CUTO token is drawing enormous attention.
Following its recent milestone record where it recorded a revenue of over $5 million from the sales of 13,011 mining devices, BlockDag (BDAG) has secured more interest in the crypto market. Now that it comes off as a promising project, market analysts are now drawing a comparison with Pepe coin’s early escapade in the meme coin market.
However, unlike Pepe coin with little or no intrinsic value, BlockDag network’s latest milestone further buttresses its commitment to democratizing the crypto mining process. While it continues to pursue this fundamental goal, early adopters have been able to secure over 1900% increase in their holdings after BDAG price rose from an initial price of $0.001 to $0.0206.
Meanwhile, as the crypto market continues to embrace more eco-friendly and cost effective mining processes, market analysts are predicting even more exponential growth for BDAG as it gains more adoption.
Pepe (PEPE) coin has made significant progress from its entry price point of $0.0000072 a month ago. Currently trading above the $0.000010 levels, PEPE price reflects over 43% increase in the past month as seen in the chart below. However, PEPE coin also faces an extended consolidation below the $0.000011 resistance level.
While PEPE coin has made multiple attempts to break out of this crucial level, its failure to do so further reduces its chance to retest the levels above its 5-month ATH of $0.000017. Regardless, PEPE holders are still very much optimistic, considering the frog-themed meme coin’s overall year-to-date price increase which currently exceeds 1,500%.
Furthermore, PEPE coin’s technical analysis, including 20, 50, and 200-day moving averages points at a very strong bullish signal. This ultimately suggests that PEPE coin may witness an imminent upsurge that could send PEPE price above its YTD ATH levels.
While BlockDag stands out with its innovative mining solutions, Cutoshi is reshaping the meme coin by introducing functionality. This innovative focus set these two apart from Pepe Coin whose existence relies on sensationalism. Furthermore, Cutoshi’s diverse market appeal gives it an edge over BlockDag and Pepe coin combined.
For more information on the Cutoshi (CUTO) Presale:
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.
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