The meme coin sector is leading the market rebound this week, with several of them soaring to new highs. Experts have paid considerable attention to Sui and Cutoshi coins, suggesting that these altcoins could record 100% profit by 2024. They believe that their unprecedented high demand, which has been triggered by several factors, could potentially lead to massive price action. Let’s find out more!
Cutoshi (CUTO) is among the Ethereum-based meme coins that experts are optimistic about. It’s a fun-utility-backed token that takes inspiration from the Lucky Chinese Cat. It draws similar values of Bitcoin’s creator Satoshi, including privacy, digital freedom, and decentralization ―serious DeFi traits to its ecosystem. These aspects have made Cutoshi witness increasing investor interest, appealing to both meme coin traders and the DeFi community.
At its core, Cutoshi has a multichain decentralized exchange (DEX) that allows token holders to trade across different blockchains with sole custody of all their assets. It also has NFTs and token farming which offer opportunities to gain more rewards.
To bring DeFi to the masses, Cutoshi has created a learning academy in its ecosystem, which onboards new cryptocurrency traders. Doing so makes DeFi accessible and easy for everyone, but at the same time, it gives you a little fun with the Cutoshi Lucky Cat mascot.
Additionally, Cutoshi has tokenomics that foster scarcity within the ecosystem. Also, Cutoshi’s planned CEX listing would potentially propel the demand for the Cutoshi token upwards, driving its price up. This ensures its long-term goal in value appreciation.
At a low price entry point of $0.015 and 55% tokens available at presale, Cutoshi is giving early adopters a chance to make great returns.
Another Ethereum coin that has made headlines is the Sui coin. Recently, the Sui network has witnessed massive growth, topping the $900 million mark in terms of its Total Value Locked (TVL). This is a 3,285% bounce from the past year, underscoring its growing demand in the DeFi ecosystem. Additionally, it reflects increased adoption of dApps hosted on the Sui protocol.
Besides Its TVL rise, the Sui network has also made groundbreaking partnerships that have contributed to a price surge. For one, Grayscale Investments announced that it’s opening a private placement for Grayscale Sui Trust. Typically, this Trust would operate similarly to Bitcoin or Ethereum ETFs. In addition, the Sui Network partnered with USDC stablecoin issuer Circle to heighten liquidity.
This partnership will integrate native USDC and Cross Chain Transfer Protocol (CCTP) to facilitate several digital dollar-backed applications within the gaming, DeFi, and ecommerce sectors. This bullish Sui news has triggered a positive price action for the coin. Interestingly, industry experts are optimistic about the price of Sui and the protocol at large, suggesting that it could become the next Solana killer. It could potentially breach the $1 billion TVL in the near term. With this view, Sui altcoin is among the best meme coins that drive capital growth.
The Sui altcoin has been steady on the market charts, potentially drawing considerable buying interest for the long term. On the other hand, the Cutoshi meme coin presents a fresh opportunity for those who missed out on early SUI gains, as its price is ready to explode. This can be attributed to its real ecosystem that combines fun and revolutionary DeFi tools.
For More Information on the Cutoshi (CUTO) Presale:
Website : https://cutoshi.com
Join and Become a Community Member:
Twitter : https://x.com/CutoshiToken
Telegram: https://t.me/cutoshi
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