Dogecoin seems on the cusp of a major resurgence after months of underwhelming price action. Buying pressure is building up and whales continue to accumulate.
However, analysts believe that a newcomer in the meme coin space could vastly outperform Dogecoin. Cutoshi leverages a groundbreaking cross chain platform that brings real utility to a niche mainly driven by hype and speculation.
Discover why Cutoshi could be one of the hottest plays of the 2024-2025 cycle and why investors are flocking in droves to the $CUTO presale.
Dogecoin (DOGE) Reclaims Key Level, What’s Next?
Over the past week, Dogecoin turned the $0.12 mark into support and consolidated around this level. Analysts believe that this crucial psychological level could act as a springboard for the next surge that could see Dogecoin target the ambitious $0.20 price point. Currently, Dogecoin sells for $0.122 with a 15.9% weekly increase.
Whale activity is on the rise as well, over the last few days transactions surged by 1,645% with large holders adding more than 406 million DOGE to their position. Furthermore, Elon Musk once again made headlines in the crypto world with his reference to his possible future role as chief of the Department of Government Efficiency, codenamed D.O.G.E.
The market immediately reacted and Dogecoin surged by 18% in 24 hours hitting a local high of $0.129. However, a retracement followed shortly after, as the $0.13 resistance level continues to be a tough obstacle for Dogecoin bulls.
Meet The New Meme Coin Star: Cutoshi
At the intersection between memes and DeFi, Cutoshi is set to disrupt both spaces with its cutting-edge framework. Inspired by the Lucky Cat from Chinese folklore, Cutoshi blesses all the blockchains with good fortune..
At the center of Cutoshi’s ecosystem is the CUTO DEX, a cross-chain exchange that allows users to instantly trade assets between a multitude of blockchains at the lowest possible fee. This greatly reduces entry barriers and is expected to attract thousands of investors throughout Q4.
Cuto Farm will offer generous rewards to users who engage with the ecosystem by completing various quests and tasks. Users can also stake the $CUTO token and provide liquidity to enjoy a passive income stream. This allows investors to earn significant returns and position themselves in the best possible way when $CUTO is unleashed on the markets.
Written by seasoned experts, who have over 16 years of experience in Free Zones development. Learn more.
One of the project’s most intriguing features is the Cutoshi Academy. This is a place where beginners can learn the ins and outs of DeFi and investing. Cutoshi wants to make crypto knowledge easily available and reduce the feeling of overwhelm that people can often feel when they get started on their journey.
Stage 2 of the presale is selling out fast and $CUTO is priced at just $0.022. This is the perfect entry point for investors who want to capitalize on the upcoming meme coin come back and enjoy incredible returns driven by real utility. When taking into account all the innovative features of the Cutoshi ecosystem, experts believe that price surge could be on the cards in 2025.
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