AI technologies have taken the spotlight with many breakthrough projects like Internet Computer (ICP) drawing enormous attention. While it aims to address the shortcomings associated with the traditional internet, Internet Computer introduces greater efficiency, speed and decentralization to computation and data storage.
Meanwhile, experts anticipate that this new presale star will follow suit, given that innovation was a major factor in the majority of decentralized AI protocols’ broad adoption. Namely Cutoshi (CUTO), this new meme coin project stands out because of its DeFi integration, creating a new standard in the broader crypto market.
Internet Computer Token Register Major Gains to Close Q3
Internet Computer (ICP), like most top altcoin, ended the Q3 with a bang, registering over 35% increase to hit a monthly high of $9.97 from $7.31 recorded earlier in the month. While it currently trades within a weekly price range of $9.09 and $9.27, ICP price reflects a modest 2% increase over the past seven days.
Regardless of the slow progress in the past week, market analysts are very bullish on the native ICP token. Among other things, ICP token’s year-to-date price outlook suggests a progressive momentum with over 184% price increase, despite the fact that the top cryptocurrency hasn’t fully recovered from a substantial decline after reaching a 6-month ATH of roughly $19.05.
Furthermore, considering its recent upsurge and the growing enthusiasm surrounding AI technologies, crypto investors and market analysts believe that the ICP token is bound for furth price surge in the coming weeks and months.
Like Internet Computer, Can Cutoshi thrive on Innovation to Deliver Substantial Return for Token Holders?
Presale star Cutoshi (CUTO) is making the headlines because of its innovative approach to MemeFi. Essentially, the Ethereum-based crypto project integrates DeFi elements in order to expand its functionality beyond the typical meme coin standards. As such, Cutoshi adopts Bitcoin’s core technology principles by prioritizing decentralization, privacy, and monetary freedom.
Meanwhile, the project also draws inspiration from the popular Chinese Lucky Cat, popularly associated with goodluck, wealth, and prosperity. With this in place, Cutoshi helps users to approach the meme coin and DeFi market with a more positive and winning mindset.
Considering its affiliation with the DeFi market, Cutoshi provides its users with different community-focused DeFi features like a built-in DEX platform,and a staking protocol. Furthermore, Cutoshi aims to spread the gospel of decentralization by introducing a learning academy upon the completion of its listing process.
With a current price of $0.015 in the initial token presale phase, analysts are teasing a 100X price surge post-listing. If you are wondering, market analysts are attributing the validity of these bullish claims to the project’s cross-sectional appeal, especially in the meme coin and DeFi market.
Can Cutoshi Mirror the Success of Internet Computer (ICP)?
Taking a closer look at the Internet Computer’s journey since it went public in May 2021, the native ICP token has maintained a relatively stable price after it fell off drastically from its ATH price of $750. While it has since traded below $100 price mark ever since, and less than $10 in recent years, it is reasonable to assume that Cutoshi will perform even better than top altcoins like ICP token once it enters the market.
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