The crypto market is ablaze with opportunities, and Solana is dominating the market for new coin launches. But while Solana’s meme coin surge is catching everyone’s attention, Ethereum could start playing catch-up thanks to a new meme coin, Cutoshi.
This new Ethereum-based coin is already enjoying early success, with its presale raising over $500k and tokens available at a rock-bottom price of just $0.022. As the meme coin market heats up, investors are eagerly hunting for the next big gem.
Solana blockchain took over new token launches
New meme coin launches have been exploding across the Solana blockchain. Thanks to user-friendly platforms, just about anyone—from developers to influencers and even celebrities—can hop on the token launch bandwagon.
Solana has completely dominated the space, accounting for 87% of all new token launches since September. Out of 110,180 tokens launched across all blockchains, 96,010 were Solana-based.
This is no surprise, considering how Solana’s fast transactions and super low fees make it a hot spot for developers. While this meme coin craze has boosted the chain’s volume, not all projects are gold. Many lack any real utility, and some have even turned out to be pump-and-dump schemes, causing big losses for investors.
Vitalik Buterin wants to lower the bar for solo stakers
Vitalik Buterin, Ethereum’s co-founder, has recently suggested a major change to Ethereum staking: lowering the minimum deposit required to participate.
In an Oct. 3 post on X, Buterin argued that the current 32 ETH threshold is too high and keeps many people from joining the staking game. He believes that reducing this barrier will open the doors for more solo stakers, who don’t rely on third-party platforms or staking pools.
Right now, big staking providers like Lido dominate the Ethereum staking scene, controlling nearly half of all staked ETH. While Ethereum has faced some challenges this year, Buterin’s proposal could make a big difference in decentralizing the network and encouraging broader participation.
Overall, Ethereum has disappointed its investors throughout the year with only about 50% gains YoY and a flat monthly performance, but Cutoshi could be the meme coin to put ETH back on the map.
Cutoshi, the next DeFi meme coin to put ETH back on the map
Inspired by Satoshi Nakamoto’s vision and the Chinese Lucky Cat symbol, Cutoshi promises to bring luck, prosperity, and financial freedom to its holders. But it’s not just a meme coin with flashy symbols. Cutoshi is building a robust ecosystem that could put Ethereum back on the map, thanks to its decentralized exchange (DEX) and educational platform, Cutoshi Academy.
The mascot, the Lucky Cat, is more than just a cute face. In many cultures, it symbolizes prosperity and wealth, and Cutoshi is riding that symbolism straight to the blockchain. The idea is simple: hold Cutoshi and potentially see your digital assets grow—maybe even by 100x if you get in early.
Cutoshi also offers a farming model, where investors earn rewards in CUTO tokens by completing quests. Even more, winners in these challenges and early CUTO backers will be rewarded with NFTs.
And with the presale already raking in thousands at just $0.022, early investors are lining up for what could be the next crypto moonshot.
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