While Binance Coin (BNB) keeps ranging, Dogecoin is rising and shows early signs of a massive incoming rally. As the battle for dominance continues in the crypto top 10, another contender is making waves in the meme coin space.
However, Cutoshi is no ordinary meme coin, as it boasts a cutting-edge DeFi framework for the perfect blend of cuteness-driven utility.Â
What’s Next For Dogecoin?Â
Dogecoin has experienced an impressive surge over the last week, with the DOGE price pumping by 22%. Today, Dogecoin sells for $0.17 with little to no movement in terms of daily price action. It’s crucial for Dogecoin to hold this level and turn it into support, especially as it faced significant resistance right below the $0.18 mark.Â
Analyst Ali Martinez believes that Dogecoin is just getting started. In a post on X, he shared a chart reading that shows that Dogecoin is about to break out of a descending trendline that dates back to the 2021 all-time high of $0.73. A clean break and successful retest could pave the way for the next Dogecoin moon mission, with the first major target being the $0.22 yearly high.
BNB Is Still Range Bound
Despite showing significant resilience during the most bearish months of 2024, BNB can’t seem to find the strength to escape its current trading range. BNB has been moving in a narrow channel around the $580 mark. However, every time BNB tried to consolidate above $600, BNB selling pressure intensified and the price was forced to retrace. Right now BNB sells for $587 with a 1.4% intraday decrease.Â
In other news, the BNB ecosystem continues to expand, as it just recently integrated cross-chain protocol Meson into its Binance Chain Bridge, improving stable coin transactions across a multitude of blockchains.Â
Cutoshi’s Presale Is Going Viral
Meme coins have one major drawback: most of them don’t really have a utility case, aside from being purely speculative assets. And while they can often bring amazing returns, the vast majority of them fade into obscurity after the first big sell-off event.
Cutoshi does things differently as it boasts an innovative DeFi framework. Chinese Lucky Cats bring good fortune to businesses, while Cutoshi brings good fortune to the blockchain and the rapidly growing user base.Â
At the heart of Cutoshi’s ecosystem is CUTO DEX. This is a cross-chain exchange that allows for seamless transactions across all major blockchains with just 0.25% in trading fees. Users will also have the opportunity to earn additional income via the Cutoshi Farming initiative.Â
Staking the $CUTO token on the platform will ensure a steady passive income stream, but that’s not all. During and after the presale, users will also be able to complete various tasks and missions, which will yield points that can be later redeemed for more $CUTO tokens.Â
Cutoshi understands that crypto can be quite overwhelming for beginners. This is why Cutoshi Academy aims to simplify key crypto concepts. Newcomers learn the basics of trading and how to build future-proof portfolios while avoiding the typical pitfalls.
With over $600,000 raised so far, the second stage of the presale is about to wrap up. Right now, tokens are selling for just $0.022, and with 75% of stage two already sold out prices are expected to increase imminently. This, plus a Halloween bonus of 20% on all deposits, is available.
For more information on the Cutoshi (CUTO) Presale: Cutoshi’s Website
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