It's a new dawn in the DeFi space, as Cutoshi is set to unleash a next-generation ecosystem with a multichain DEX designed to enhance cross-chain asset swapping while offering privacy and security.
Investors are already looking for a better option as the uncertainty around meme coins in the crypto market continues. According to Ali charts, while Dogecoin whales have acquired over a billion $DOGE, another DOGE millionaire has decided to sell off $100k worth of $DOGE for Cutoshi and Pepe Unchained.
Although the Cutoshi and Pepe Unchained meme coins are still in presale, some investors believe that Cutoshi could provide more value in the short and long term due to its impressive ecosystem, which includes useful features and tools that will boost DeFi adoption. As a result, experts predict that CUTO will increase by 40x before December. More details are provided below.
Cutoshi Is a Top Choice for Crypto Investors
Cutoshi will introduce a next-generation ecosystem in the DeFi space, featuring a multichain DEX designed to enhance cross-chain asset swaps while ensuring privacy and security. Unlike meme coins like Dogecoin and Dogwifhat, which have no use case, Cutoshi has a strong utility with the CUTO token used for transactions in the academy.
Inspired by the Chinese Lucky Cat and Satoshi Nakamoto’s teachings, Cutoshi aims to delight investors by presenting numerous opportunities to multiply their wealth and enhance their crypto knowledge. Cutoshi hopes to achieve this through its innovative ecosystem, which includes a Multichain DEX, Academy, and farming protocol.
Investors can improve their understanding of the crypto market, including trading, through the Cutoshi academy. Users will also learn about DeFi. In this way, Cutoshi is making DeFi more accessible to the general public. Another great feature is the farming protocol, which is designed to reward investors who complete certain quests and challenges with tokens.
Cutoshi has already exceeded expectations by raising $285k in a short amount of time. As of now, the $CUTO token is priced at $0.015 and has a total supply of 440M. This low price and exciting features are why investors should get this token now because its price will skyrocket soon.
Analyst Remains Bullish on Dogecoin Following Breakout
Dogecoin's (DOGE) negative trend is slowly reversing, as evident in the current price movement. CoinMarketCap data shows that Dogecoin has risen by 6% in the last few days after a 12% decrease the previous week. This is encouraging news for Dogecoin holders who are anticipating a positive rebound.
According to Trader Alan, a crypto analyst, Dogecoin is testing the descending triangle after breaking out. Alan observed that the RSI has a lower low while the $DOGE coin has a higher low position. As a result, the analyst further advised holders to understand the technical analysis and remain optimistic about Dogecoin.
Meanwhile, despite showing 17 green days in the last month, Dogecoin's technical indicators are weak. The fear and greed index for Dogecoin is at 41 (fear), and Coincodex predicts that the price of Dogecoin will decrease by 13% in the short term. However, a reversal is possible soon with the increasing accumulation by whales.
Investors Rush to Pepe Unchained as It Surpasses $17M in Presale Funding
Pepe Unchained (PEPU) is one of the top crypto projects that has generated a lot of buzz. It has recently managed to surpass $17 million in presale after some months. Very few memecoin projects have been able to achieve this level of success.
According to market data, a large whale contribution is responsible for this milestone achievement. This whale purchased $51k on Ethereum in the last few days, making it one of the biggest purchases. This isn't the first time that whales have shown massive interest in the Pepe Unchained coin. Two whales purchased $56k and $25,990 in $PEPU tokens in September. There are also rumors that Ethereum co-founder Vitaly Buterick was involved in the purchase of large PEPU tokens.
Moreover, Pepe Unchained coin is currently trading at $0.0991, which is considered a steal in this market. This Pepe Unchained token is a crypto to watch today, with its insane rewards and a novel blockchain.
Which Memecoins Could Be Smart Investments for the Year?
While many meme coins are still having a hard time in the market, there are a few that could be good investment options. Cutoshi, Pepe Unchained, and Dogecoin are Memecoins that are predicted to do well this year.
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