2 weeks Ago
When Pepe coin launched, it took the meme coin scene by storm, enriching investors. Although it quickly climbed the ladder, it didn’t overtake Shiba Inu, which has maintained the second position , coming only after the heroic Dogecoin. However, investors are shifting focus to Cutoshi , a new meme coin with stronger potential that blends fun with utility.
Pepe Coin drops the ball? Pepe Coin (PEPE) is an Ethereum-based meme coin that launched in April 2023. It was inspired by the famous internet character Pepe the Frog. Following its launch, Pepe Coin garnered significant attention and investment.
The coin’s price has explored different levels, with the market capitalization reaching around $1.5 billion at one point. PEPE’s price is fueled by its meme culture, enthusiastic community, and proactive team.
Additionally, Pepe coin utilizes a deflationary model that burns a percentage of tokens with each transaction. This process reduces the token’s total supply, thus boosting its value. As of the time of writing, PEPE is priced at $0.
000009102. While this is a 15% increase on the weekly chart, it is a 47.0198% decrease from its all-time high (ATH) of $0.
0001718. This signifies that Pepe coin’s hype season may be over, and investors should consider more recent rivals like Cutoshi. Shiba Inu finally bullish It wasn’t until late September that Shiba Inu started showing a possible bullish trend.
Investors have been worried because of the coin’s extended period of consolidation and decline. Shiba Inu (SHIB) recently broke through its 50-day Exponential Moving Average (EMA). This is the first remarkable move by the token in the upward direction since June.
The Ethereum-based meme coin was created in August 2020. It was inspired by the Shiba Inu, a Japanese dog breed, the same one behind Dogecoin. SHIB has always been seen as Dogecoin's rival, and for good reason.
The ecosystem introduced a decentralized exchange for easy trading and a burning mechanism to boost the coin’s value beyond hype. SHIB is currently trading at about $0.00001489, and although it recently started rising, trading volume is still relatively low.
At this pace, SHIB's momentum could easily fade with a lack of strong buying pressure. It looks like investors are more concerned with accumulating newer gems like Cutoshi. Investors flock to Cutoshi for huge gains Cutoshi (CUTO) is a new Ethereum-based meme coin set to rival Pepe Coin and Shiba Inu.
Like its forerunners, Cutoshi employs a burning mechanism to boost its coin’s value consistently. Also, it features a decentralized exchange to promote privacy and seamless trading for users. Cutoshi is taking over the meme coin verse with real utility and not mere dependence on hype.
One inspiration behind the creation of Cutoshi is Satoshi Nakamoto's original vision for blockchain technology, which incorporates decentralization, privacy, and monetary freedom. Additionally, the project was inspired by the Chinese Lucky Cat, which is popularly known to bring good fortune and wealth. By bringing The Lucky Cat to the blockchain, Cutoshi aims to bring luck, prosperity, and wealth to users.
The Cutoshi ecosystem grants users control and decision-making power. It features a multi-chain decentralized exchange, token farming, a learning platform, and NFTs. As a result, the platform will increase DeFi participation through a blend of meme fun and excellent fintech tools.
$CUTO is the utility token powering the ecosystem. It will be used for transactions within the learning academy and the Cutoshi DEX. Analysts see lots of potential in this coin and predict possible 100x gains.
People who buy the coin in the ongoing presale have a good chance of making high returns. CUTO is currently selling at $0.015 ground price, and over $100,000 has been raised in the past 24 hours.
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