As Dogecoin (DOGE) price stabilizes around $0.11, investors are unsure if it can resume a price resurgence. While DOGE token still holds promise for a bullish Q4, another meme coin, Cutoshi (CUTO), is attracting investors’ interest in the presale market.Â
With a DeFi-based MemeFi ecosystem, Cutoshi represents a revolutionary meme coin token poised to garner massive traction and potentially surpass the likes of Dogecoin and Shiba Inu.
Cutoshi Pulls Large-Scale Investors As Experts Predict A 100x RallyÂ
The positive sentiment around Cutoshi is attributed to its hybrid nature as both a meme coin and a DeFi-based utility token. Precisely, Cutoshi is a MemeFi platform that integrates DeFi tools like a decentralized exchange (DEX), a staking protocol and a farming mechanism among other utilities, thereby distinguishing itself from over ninety percent of meme coins in the crypto market.
At its core, Cutoshi champions core DeFi principles like decentralization, monetary empowerment, and privacy, all of which were originally introduced by Bitcoin’s founder— Satoshi Nakamoto. Cutoshi’s progress so far is evident in its huge revenue of over $500k in its second presale stage where its native $CUTO token sells for $0.022 – over 46% jump from its previous price.
While investors are rushing to capitalize on its current price before it appreciates further, experts are predicting that this token could rival the current top meme coins. Its DeFi features, especially its DeFi-Learning Academy, stands out as a major catalyst to outperform established meme coins with no utilities like Dogecoin (DOGE) or Bonk (BONK).
Dogecoin Price Consolidates However A Comeback This Q4 Is PossibleÂ
The price of Dogecoin recently broke out of the $0.11 price mark in late September, reaching $0.13; however, it didn’t take long before the token fell back to its $0.11 levels. While it has been consolidating in this level for about two weeks now, DOGE token seems to be experiencing a noticeable recovery as seen in the chart below.
In the past week, DOGE token has risen by slightly over 8%, pricing out from its $0.1076 weekly resistance. Though minimal, this rise signals that its network activity is not dormant as it just jumped by 33%. This also portrays the optimism around Dogecoin as the largest meme coin on the market.
Meanwhile, Dogecoin’s market cap has just increased by 2.33% amid the recent surge in its price but experts saw even more positive movement this Q4. While its moving averages are signaling a strong buy potential, investors are holding more DOGE in hope of exponential gains when a bull run kicks off.
How Can Cutoshi Outperform Dogecoin (DOGE)?
Cutoshi can most likely surpass Dogecoin if it continues to lead new DeFi innovations, appealing to both meme coin enthusiasts and DeFi users alike.Â
As the crypto market increasingly values tokens with practical applications, platforms with integrated tools like decentralized exchanges may gain an edge. Hence, if Cutoshi can maintain strong investor interest and deliver on its roadmap, it could potentially outperform meme coins with less functionality like Dogecoin.
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