Dogecoin (DOGE) And Shiba Inu (SHIB) Have Paved The Way For Pump Ready Memecoin Cutoshi (CUTO)

Cutoshi is a newcomer to the meme coin scene that could disrupt the space with its innovative framework that rewards holders of the $CUTO token. Discover why analysts are tipping it as the new 100x play.

Dogecoin Continues To Consolidate Around This Level

Dogecoin bulls fought a long battle to reclaim and hold the key $0.10 resistance level. However, Dogecoin is not out of the woods yet, as this level is just the springboard for further bullish continuation, with the next big resistance being the $0.20 mark. Today the DOGE price is $0.106, with a 5% weekly increase and a 14% uptick in volume, with $606 million traded over the last 24 hours.

Despite the ranging action, Dogecoin remains a wild card as Elon Musk could decide to pump it out of the blue. Rumors are circulating about X adopting Dogecoin for payments on the platform, but so far, no official statement has been made.

Shiba Inu Retests Key Resistance, But Price Falters

Shiba Inu has tried to break above $0.000015 over the last few days. This attempt was met by intense selling pressure and Shiba Inu retraced to the $0.0000144 mark, where consolidation continues.

Shiba Inu’s price action seems undecisive as technical and on-chain indicators are giving mixed signals. The chart is flashing bullish signals and the Shiba Inu burn rate saw a 5,975% increase over the last 24 hours, with 1.7 million SHIB tokens burned. On the other hand, the Shibarium network is seeing a stark decrease in user activity and transactions, which could lead to further disruption.

Cutoshi, The Luckiest Cat On The Blockchain

With meme coins, utility usually takes the backseat, as hype is the main driver of growth. This model is simply unsustainable for most projects, and this is where Cutoshi sets itself apart from the competition.

Cutoshi boasts an entire DeFi ecosystem inspired by the Lucky Cat from Chinese and Japanese folklore. Cutoshi embodies the crypto philosophy at its core by prioritizing decentralization and privacy.

But Cutoshi is more than a simple exchange. It offers numerous lucrative opportunities to its rapidly growing user base. Investors can complete quests, collect points, and receive generous staking rewards.

One of the most interesting features of this project is the Cutoshi Academy, which seeks to demystify DeFi for beginner investors and help them build the foundation for a profitable crypto journey.

The first stage of the $CUTO presale is now live, and with the token selling for just $0.015, this is the perfect entry point for investors who want to join the meme revolution. Analysts believe that with its unique utility and lucky aura, Cutoshi could outperform established memecoins such as Shiba Inu and Dogecoin, becoming the next 100x moonshot.

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

This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.