The recent sudden drop in Caradno (ADA) price from its highest peak of $0.7 to a current low around $0.3 has piqued investors’ curiosity about Cardano’s price trajectory. Meanwhile, as the watch on Cardano price intensifies, savvy investors are directing their attention to Cutoshi (CUTO)— a new presale meme coin with a utility filled ecosystem.
Already revered as one of the top crypto presale this year, Cutoshi is taking a solid stance in the DeFi space. This token is further poised to mirror a 100x growth. Let’s find out why!
Cutoshi Tipped to Become the Next Meme-Based DeFi Coin in Line for a 100x Rally
Ready to challenge other Solana meme coins like Dogwifhat (WIF) and Bonk (BONK), Cutoshi emerges as a MemeFi coin with extended practical utility in the DeFi space. For context, Cutoshi is an Ethereum-based meme coin based on the core teachings of Bitcoin’s founder, Satoshi Nakamoto— decentralization, monetary freedom, and privacy.
The platform also draws inspiration from the Chinese Lucky Cat which symbolizes progress, wealth, and success. However, beyond its grand foundation, Cutoshi serves as an entertaining network for users to earn token rewards while trading cryptocurrencies across multi-chains in a fully-decentralized exchange (DEX). This DEX platform alongside a community-based farming system are part of Cutoshi’s selling point.
Other aspects of Cutoshi’s ecosystem are its learning academy created to spread the knowledge of DeFi and a buyback and burn mechanisms that deflates its token supply, thereby causing an increase in its demand and value. With a projected 100x growth for $CUTO after launch, investors are rushing to buy the token at its first stage presale price of $0.015 before it leaps to higher level throughout the presale.
Considering how Cutoshi has merged the fun hyped around meme coins with the lucrative market of DeFi, experts are already predicting that Cutoshi will challenge top meme coins like Shiba Inu (SHIB) and Dogecoin (DOGE). Ultimately, there is no doubt that this meme coin, with its built-in utilities that allows users to maximize their profits via community-based quests, is here to stay, potentially ranking among the best Ethereum meme coins.
Cardano Price Prediction Hints At A Slow Pace To $1
The price of Cardano (ADA) has not been very impressive in the past few months. Although the token grew as high as $0.77 in the first quarter of the year, it has receded to a weekly range of $0.34 and $0.41.
While Cardano (ADA) holders anticipated the token’s imminent growth to $1 and beyond, Cardano price prediction suggests this $1 milestone might take a while. According to experts from Changelly, Cardano token will potentially remain under $1 by the end of the year.
Meanwhile, the network volume of Cardano (ADA) just recently jumped by 120%, showing increased interest in the token. This means that an external positive impact may open up the path for Cardano to reach $1 and beyond before Q4 ends. Overall, the short-term Cardano price prediction is neither bearish nor exceptionally bullish; however, Cardano price has a tendency to spike unexpectedly, following market conditions.
Which Can Bring Better Gains in 2024, Cutoshi or Cardano?
Considering the neutral status of Cardano price prediction, Cutoshi will potentially lead the DeFi giant in gains this year. Cutoshi has only just started its ICO journey, with much more room for exponential growth. This sets it as an eligible cryptocurrency to surpass Cardano’s gains this year.
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