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Altcoin Breakdown: Analyzing Pepe And Cutoshi’s Potential In The Crypto Sphere

DATE POSTED:November 3, 2024

In the rapidly evolving crypto market, the spotlight often shifts from one trending altcoin to the next, be it a meme coin or DeFi coin.

In line with this, meme coins like Pepe (PEPE) and the latest Cutoshi (CUTO), each carrying a distinct community appeal and lucrative potential, have begun to draw enormous attention.

With its ranking as the third largest meme coin, PEPE coin has already solidified itself as a top investment choice in the crypto market. Meanwhile, Cutoshi meme coin is a fast-rising presale star primed for even better investment gains, owing to its community-centric and hybrid MemeFi ecosystem.

Cutoshi Is Already Being Tagged The Next 100X Meme Coin Due To DeFi Initiative

After progressing rapidly to the second presale, Cutoshi (CUTO) is starting to gain wider attention as it signals to become the next meme coin to surpass the likes of Dogecoin and Shiba Inu. Hosted on Ethereum network, Cutoshi champions core DeFi values like decentralization, privacy, and monetary empowerment, the core principles embraced by Bitcoin’s founder, Satoshi Nakamoto.

Cutoshi has successfully accumulated over $600k in its presale, with more investors rushing to secure their spot in its lucrative MemeFi platform. Within its ecosystem, Cutoshi offers a DEX platform where users can trade cryptocurrencies from one blockchain network to another while integrating P2P trading features. This, coupled with its well structured DeFi Learning Hub, has positioned Cutoshi for unprecedented growth in the DeFi market.

Through its tribute to the Chinese Lucky Cat known for success, wealth, and good luck, Cutoshi also invites users to maximize their earnings by participating in its community-based quests where $CUTO tokens and NFT or merch rewards are gifted to winners. Its $CUTO tokens currently sell for $0.022 in its ongoing presale and has also recently been listed on CoinMarketCap.

Crypto Zeus Says Pepe Coin Is On The Cusp Of A Bull Run As Bitcoin Climbs Higher

Pepe (PEPE), the third largest meme coin by market capitalization, has had an impressive run this year, with its price hitting an ATH three times this year alone. Currently, PEPE coin price has consolidated to lower levels, however, the token has assumed a pumping position as it struggles to surpass the $0.000010 range again, as seen below.

Source: CoinMarketCap

The price of Pepe is also showing over 700% pump year-to-date despite roughly 14% drop in the past month and over 4% in the past week. The positive sentiment around Pepe despite its slow and organic resurgence shows that it has potential for a sustained recovery back to its ATH this year.

Meanwhile, a top crypto expert, Crypto Zeus, hinted on X that PEPE is on the verge of mirroring another bull market as Bitcoin slowly prices up. While he also emphasized that Pepe’s trajectory will get exciting soon. .

Which Will Hit $1 First Between Cutoshi And Pepe?

While Pepe has left an indelible mark in the crypto and meme coin market, its side attractions and use cases as an altcoin are almost nonexistent when compared to Cutoshi. Cutoshi has a fully decentralized ecosystem that caters for several DeFi features, including token swaps and farming.

These activities are bound to reel in enough traction for Cutoshi when it launches. The positivity and engagement Cutoshi will receive is enough for it to reach $1 before the Pepe coin.

For more information on the Cutoshi (CUTO) Presale:

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

The post Altcoin Breakdown: Analyzing Pepe And Cutoshi’s Potential In The Crypto Sphere appeared first on The Merkle News.