The meme coin frenzy is still not here, but it seems like this category of altcoins is starting to prepare themselves for a significant bull market soon. The Solana-based meme coin, Dogwifhat (WIF) is raising eyebrows as its price teases a final push to $3.
While many investors anticipate this, a newly launched Ethereum-based meme coin, Cutoshi (CUTO) has come out with striking potential to be the next Dogwifhat token. The hybrid MemeFi token is also primed to surpass trending Solana meme coins due to its lucrative DeFi-oriented ecosystem, as well as its recent listing on CMC that has got many talking.
Unlike other trending Solana meme coins like Dogwifhat, or Bonk whose networks lack utility, Cutoshi (CUTO) aims to break that mold by exploring decentralized finance (DeFi) features. Cutoshi particularly adopts a sustainable approach by embracing Satoshi Nakamoto’s Bitcoin core principles of decentralization, money empowerment, and privacy.
Notably, Cutoshi empowers its users by allowing them to swap crypto assets across multi-chains on its DEX platform. In addition, the hybrid protocol allows its users to earn tokens and other complementary rewards by participating in community-based quests. Meanwhile, these features are accompanied by a learning hub aimed at spreading DeFi knowledge, all of which collectively positions Cutoshi as a gem in the meme coin market.
Currently selling at $0.022 in its second presale stage, the native $CUTO token has secured up to 46% ROI for early backers after it increased from its initial price of $0.015. As Cutoshi continues to gain more attention, it is expected that this new meme coin will rally 10x. This is largely due to the token’s deflationary mechanism, which is designed to gradually deplete the token supply to boost the demand and value of the $CUTO token over time.
The price of Dogwifhat (WIF) still hovers around the $1.7 to $2.5 range however, a $3 price mark is on the horizon for this Solana-based meme coin. In the past month, the Dogwifhat token has maintained a bullish momentum, showing roughly a 43% rise as observed below.
However, WIF token’s momentum has not been strong enough to break through the $3 price mark, even though it reached a monthly peak price of $2.9. Meanwhile, Ali Martinez recently mentioned on X that the WIF token could be settling into a rising wedge. According to Ali, the WIF price could see a jump to $3.10, especially if it holds its current lower level longer.
In any case, the WIF price price trajectory is still generally positive, having maintained an over 1,000 % surge in the last 6 months now. Besides, the native WIF token is also showing signs of an imminent price breakout as its moving averages point to a strong buy signal.
Cutoshi’s hybrid protocol holds a strong potential for exponential growth. The native CUTO token’s ability to thrive in different markets could push its price significantly.
For more information on the Cutoshi (CUTO) Presale:
Webiste : https://cutoshi.com
Join and become a community member:
Telegram: https://t.me/cutoshi
Twitter : https://twitter.com/CutoshiToken
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