The crypto market is booming and many coins are mirroring Bitcoin’s bullishness as it aims to reclaim its previous ATH. Notably, Pepe (PEPE) Coin, like most top altcoins, witnessed a significant price surge, registering roughly 40% increase in the past week alone.
However, there has been a shift in focus to the new presale star, Cutoshi (CUTO). The Ethereum-based meme coin is attracting a lot of attention from Ethereum whales, largely because of its unique DeFi integration as well as its potential to become the next 100X token.
Cutoshi’s DeFi Hub Integration Becomes a Talking Point Among Ethereum Whales
Based on the Ethereum network, Cutoshi adopts a unique approach in its attempt to rewrite the existing meme coin narrative. The project, which draws inspiration from the popular Chinese Lucky Cat known as a good luck charm, focuses on fundamental DeFi elements like decentralization, privacy, and monetary empowerment, all of which aligns with the teachings of Satoshi Nakamoto.
Considering its strategic positioning at the intersection of meme coin and decentralized finance, the Cutoshi ecosystem integrates a DeFi Hub that features a built-in DEX exchange, a staking protocol and a learning academy, which is part of Cutoshi’s ground plan to spread the word of decentralization to a broader audience.
Meanwhile, the native CUTO token plays an instrumental role in all of these, facilitating all transactions within the ecosystem as well as serving as the governing token, for which token holders can engage in decision-making processes.
Interestingly, the CUTO token is currently sold at a modest price of $0.015 in the initial token presale phase, with analysts teasing a 100X price surge post-listing.
Pepe Price Records Massive Gain
Pepe (PEPE) coin has recorded one of the highest gains in the crypto market rally this week, registering over 40% price increase to reach a weekly peak of $0.000012 from $0.0000080 recorded earlier in the week.
This recent price surge made a huge difference in the PEPE Coin’s monthly outlook which now reflects nearly 50% price gain following a major decline below $0.0000056 earlier in the month. With the recent price hike, Pepe Coin is now approaching its 5-month ATH of $0.000017, bringing its YTD price gain to about 1,280%.
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Ethereum Price Movement Stalls Amidst Market Recovery
Contrary to the broader market outlook, Ethereum (ETH) price is yet to record any major gain from its starting point in the month. Although, compared to its lowest price level in the month, the native ETH token has recovered significantly. While it currently trades within a weekly price range of $2,656 and $2,631, the native ETH token has gained a little over 20% from $2,171 recorded earlier in the month.
However, despite recent price upshoots, Ethereum token’s monthly outlook only reflects about 5% gain, with the weekly price outlook still reflecting a minor decline of about 2%. With several predictions of a bullish Q4, market analysts are optimistic about ETH token’s full recovery, suggesting that a price breakout above the $3,000 price mark could be near.
Can Cutoshi Outperform Pepe Coin Post-Listing?
Unlike Pepe Coin, Cutoshi is positioning itself as more than just a meme coin. The integration of a DeFi hub not only adds to its market appeal, but rather helps it to serve a cross-sectional audience. This unique attribute ultimately gives it an edge above Pepe Coin and other top-ranking meme coins and altcoins.
For more information on the Cutoshi (CUTO) Presale:
Join and become a community member:
https://twitter.com/CutoshiToken
https://t.me/cutoshi
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