The second quarter, so far, still holds the highest gains for the crypto market this year; albeit, there are speculations that Q4 may deliver even more
With the second quarter coming to an end, the crypto market has seen some impressive gains so far this year. However, Q4 may deliver even more profits, especially as Bitcoin is gradually nearing its ATH again.
This has investors quickly hedging with top altcoins that can take advantage of the next crypto bull run.
Notably, some investors are opting for the likes of Pepe coin (PEPE) largely due to an impressive run from late April to May during which it increased by 227%. However, analysts believe this new Ethereum-based utility meme coin, Cutoshi will mirror Pepe’s past growth or even more. Let’s find out why.
Cutoshi Merges The Meme Coin and DeFi Market In An Interesting and Lucrative WayCutoshi (CUTO) is a unique meme coin that has advanced its status and functionality as a meme token. Taking inspiration from the teachings of Satoshi Nakamoto and the popular Chinese Lucky Cat, Cutohsi aims to incite an air of progress and luck for token holders.
Among other things, Cutoshi is set to cater to a diverse audience with rich utility features within its fully decentralized ecosystem. This “DeFi Hub” as it is otherwise called prioritizes Satoshi’s teachings on decentralization, privacy, monetary freedom, and anonymity. The platform has highlighted its commitment to security by completing a smart contract audit with SolidProof, which it recently announced on X (formerly Twitter).
Meanwhile, Cutoshi’s main attraction begins with the integration of a decentralized exchange (DEX) where users can swap cryptocurrencies efficiently. However, this Ethereum-based project features other DeFi tools including a farming mechanism to earn rewards like NFTs and a learning platform to spread the knowledge of DeFi.
While still in the first stage, Cutoshi’s presale performance has been nothing short of impressive. Raising over $166,000 in just a few days, experts believe CUTO is capable of delivering more gains in the rest of its presale and even after launch. The token is currently selling for a meager price of $0.015, however, investors are advised to buy now to capitalize on its future growth as a deflationary asset.
Pepe (PEPE) Surges Once More, Achieving 41% Growth In Two WeeksAfter reaching an impressive ATH of $0.00001717 on May 27, this year, Pepe coin was able to secure a huge amount of interest, both institutional and retail. Despite now recording over 39% loss below this peak price, investors sentiment for Pepe price still remained positive.
The Ethereum-based token is already living up to its potential considering its gains in the past four weeks, which shows a 41% rise in just two weeks. Pepe coin is also experiencing more growth in its market cap and trading volume with both rising by 16.75% and 73.30%, respectively.
While its market cap valuation gradually approaches $5 billion again, there is a high possibility that Pepe price could resume a bountiful surge, especially when Bitcoin assumes a higher dominance in the crypto market. Nonetheless, Pepe keeps gaining bullish momentum, readying itself for a takeoff, possibly above its ATH this year.
Which Is A Better Ethereum Token for Investment— Cutoshi Or Pepe?Both Pepe coin and Cutoshi are meme coins hence, both have the tendency to experience a high volatility that can take their prices to unprecedented heights. However, beyond the investment gains that a price surge could bring, Cutoshi offers other lucrative utilities that Pepe lacks, including a DeFi Hub, farming mechanism, and exchange platform. With this, Cutoshi stands out as one of the top altcoins on the Ethereum network for investment.
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