Cutoshi (CUTO) Presale Enters Phase Three, Aims to Spearhead the Next Meme Revolution
All eyes are on Solana (SOL) and Dogecoin (DOGE) right now, with both projects leading the crypto resurgence that was kickstarted by Donald Trump's presidential victory.
Cryptocurrency markets are experiencing a resurgence following Donald Trump’s presidential victory, with Solana (SOL) and Dogecoin (DOGE) leading the charge. Both projects have seen significant gains in recent weeks, attracting the attention of both retail and institutional investors.
However, some veteran investors are looking beyond the major projects for the potential to generate outsized returns. For this reason, many are rotating profits into the Cutoshi presale, a utility-focused meme coin that is aiming to spearhead the next wave of crypto adoption.
Solana (SOL) continues to steadily gain ground against all other major Layer 1 blockchains. Over the last week alone, Solana took BNB’s place as the 4th largest cryptocurrency, with its market cap surging above $100 billion for the first time ever.
At press time, Solana sells for $210 after experiencing a rejection at the $224 level. Despite this, Solana is still up by 4.5% for the week and it boasts 35% in monthly gains.
Solana’s unrelenting momentum, coupled with the extremely favorable market conditions, could soon see it break to a new all-time high, above the 2021 peak of $260. Much of Solana’s recent success can be attributed to the flourishing meme market which saw projects like Dogwifhat, Popcat and Bonk skyrocket and reach billions in valuation. Additionally, Solana-based DEXs have recently recorded over $6 billion in daily volume, for a record $34 billion over the last week.
With the most famous Dogecoin supporter, Elon Musk, emerging as one of the main protagonists during the US election cycle, the Dogecoin community was sent into a frenzy as their favorite meme coin entered escape velocity. Dogecoin (DOGE) has recorded an impressive 187% monthly surge, tearing through several resistance levels and peaking at $0.428. Today, Dogecoin trades at $0.36 with and is currently consolidating on this level. At $53 billion in market capitalization, Dogecoin now occupies the 6th place on the crypto totem pole and continues to be the undisputed meme coin king.
It’s clear that Dogecoin is in for a major run that could outshine its 2021 performance and possibly reach the prophesized $1 mark at the height of the bull market in 2025.
Moreover, Donald Trump has officially appointed Elon Musk as the head of the Department Of Government Efficiency, or D.O.G.E. When the world’s richest man backs a project, with the blessing of the president-elect, there isn’t much else to say.
The truth about meme coins is this: as profitable as they are, most of them are purely driven by hype, and once market participants hop on the next trend, massive disruption is to be expected. Now Dogecoin is among the few exceptions, as it already transcended its basic meme coin nature, becoming a cultural phenomenon and an actual store of value. However, this doesn’t apply to 99% of memes. By focusing on utility, Cutoshi is built to thrive, not just in this current cycle but for years to come.
Cutoshi’s mission is to bring prosperity and wealth to its rapidly growing community, just like the Lucky Cats of Japanese legends bring good fortune to businesses and households.
Behind the cartoonish and cutesy surface, Cutoshi is a community-backed cross-chain DeFi platform that will allow for seamless swaps across all major blockchains at just 0.25% in fees. Not only Cutoshi offers a real use case but also rewards users who actively engage with the ecosystem.
Through the Cuto Farm initiative, users will be able to reap substantial monetary rewards in two ways. For starters, they can already take part in fun quests and tasks aimed at boosting Cutoshi’s presence on social media. In exchange, they will earn Cuto points that can later be redeemed for more $CUTO tokens. Once staking is live, they will be able to stake their $CUTO on the platform and earn income on autopilot.
The third stage of the $CUTO presale is now underway and tokens sell for just $0.0259. Cutoshi is set to hit the markets at the perfect time: when meme season 2.0 is in full swing. This means that it could vastly outperform majors such as Solana and Dogecoin in terms of gains.
For more information on the Cutoshi (CUTO) Presale:
https://cutoshi.com/
Join and become a community member:
https://twitter.com/CutoshiToken
https://t.me/cutoshi
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