As Bitcoin stabilizes at a new all-time high, investors are expecting altcoins to rise dramatically, with some diverting their attention to meme coins.
Shiba Inu (SHIB) in particular has gained recognition due to its recently launched layer-2 network, Shibarium, breaking transaction records.
While anticipation brews for SHIB price to hit $1, full attention has also been directed to Cutoshi (CUTO), a new hybrid meme coin with incredible potential to dominate the DeFi market. With over $700k already accumulated while in presale, investors are stacking up this meme coin alongside Shiba Inu and Bonk (BONK).
Enveloping itself with attractive DeFi features, Cutoshi (CUTO) has not only distinguished itself as a unique and lucrative meme coin, it also signals as the next meme coin to surpass the likes of Dogecoin and Shiba Inu. Inspired by Satoshi Nakamoto’s Bitcoin core principles of decentralization, privacy and monetary freedom, Cutoshi MemeFi-ecosystem features top DeFi attributes.
These include a decentralized exchange (DEX) where its platform users can swap cryptocurrencies across multi-chains, serving as its huge approach to onboard its users to the DeFi market. Cutoshi also offers a token farming model which has already gone live even though Cutoshi is still in its presale. This token farming model where users can earn $CUTO points by completing challenges and quests has pulled over 1,300 people in 2 days.
With the Halloween bonus stage over and Cutoshi gaining a listing on CoinMarketCap, the price of $CUTO is about to rise again after already jumping by 46%. But more impressively, given its educational hub aimed at spreading DeFi knowledge, coupled with the deflationary nature for its token, the $CUTO token is poised to rise exponentially over time, potentially outperforming all trending Solana meme coins.
In the past few weeks, the Shiba Inu (SHIB) price has been progressive, showing over 9% increase in the past month and over 10% in the past week. This price has however fluctuated in the past month but SHIB token refused to stay below the crucial $0.00001734 resistance, as it makes its way above $0.000019 as seen in the monthly chart below.
Source: CoinMarketCap
The Shiba Inu price is also receiving positivity lately due to its recent milestone. Few weeks back, the layer 2 Ethereum network on Shiba Inu recorded a striking growth
in transactions surpassing 418 million. Additionally, the network also experienced a surge in wallets up to 1.8M. This growth re-sparked optimism about Shiba Inu’s journey to $1.Meanwhile, given its moving averages indication of a buy signal, SHIB holders are even more optimistic that SHIB token will continue a price incline this year. Although the $1 price is still a far-stretch from its current price, Shiba Inu still holds immense potential for such growth.
After successfully staying above its monthly resistance threshold above $0.000020 throughout October, the price of Bonk (BONK) declined below this mark, reaching as low as $0.000018. However, amid Bitcoin’s positivity, Bonk (BONK) finally came out of this bearish trend, and is now trading around $0.000023, in a 13% weekly pump as observed below.
Source: CoinMarketCap
As altcoins are starting to gain fresh attention, BONK token is also vying for a favorable spot on lists of meme coins with incredible growth. Given its recent listing on UpBit and plans to launch an ETP for retail and institutional investors, BONK token primes itself as a top meme coin investment.
At the moment, the price of Bonk rests in a weekly range
of $0.00001722 and $0.00002302, however, the token shows potential to continue surging this year. Despite being over 50% down from its ATH, Bonk still holds promise for the next bull market run.Compared to Shiba Inu and Bonk, Cutoshi holds more growth capabilities due to its DeFi based hybrid ecosystem and untapped potential in the meme coin market. This alone should propel the chances of Cutoshi for higher gains in 2025.
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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