Coin market cap has recently recorded yet another milestone, and this time, Dogecoin (DOGE) network activities hit a new ATH after surging by more than 120% in 24 hours. Interestingly, the sudden spike is believed to be largely driven by Tesla’s recent milestones achievements, especially considering Elon Musk’s support for the meme coin.
As interest in Dogecoin hit historic levels, profit hungry investors are seeking new profitable opportunities within the space. This has led many to promising top meme coins like Brett (BRETT) and fast-rising presale star, Cutoshi (CUTO). Meanwhile, Cutoshi particularly steals the spotlight because of its hybrid protocol, bringing a fresh perspective to the space.
Cutoshi’s Hybrid Protocol Attracts Growing Interest
Based on the Ethereum network, Cutoshi (CUTO) has gained popularity in the presale market as a pacesetter, thanks to its hybrid protocol that integrates DeFi elements like a custom DEX platform and a staking protocol. Essentially, the platform prioritizes Satoshi Nakamoto’s Bitcoin core principle of decentralization, privacy and monetary freedom, all of which are instrumental to Cutoshi’s goal of achieving a self-sustaining ecosystem.
There is also a farming mechanism that provides participants with various rewards, including the native $CUTO token alongside complementary NFTs and Merch. This community-centric approach, coupled with Cutoshi’s cultural theme inspired by the popular Chinese Lucky Cat’s positivity, set it apart from its peers.
Added to this list of features is Cutoshi’s learning academy which aims to spread DeFi knowledge while eliminating financial illiteracy. Meanwhile, powering the entire ecosystem is the native $CUTO token, which serves as the primary mode of exchange. At a current price of $0.022, which is about 46% increase from the initial price of $0.015, early backers are flocking in to secure a spot in this revolutionary project.
Dogecoin Rides On Tesla’s Enthusiasm, Witnesses Explosive Network Activities
Dogecoin’s (DOGE) relationship with Tesla has come a long way. While Elon Musk has continued to support Dogecoin through Tesla, the legacy meme coin has managed to stay in the spotlight despite its undefined utility purpose. More recently, Dogecoin recorded a historic milestone after registering over 120% increase in network activities.
Interestingly, this sudden spike coincides with the recent unveiling of Tesla’s Optimus bot. Moreso, DOGE prices have regained bullish momentum amidst other Tesla’s recent milestone achievements like the historic catch-landing of Starship Rocket. These combined events are believed to have contributed to DOGE token’s recent positive outlooks.
Furthermore, putting into context Tesla’s recent effort to reintroduce the meme coin within its ecosystem as a utility token, Dogecoin is expected to witness more surge. Currently trading within a weekly range of $0.107 and $0.116, DOGE price reflects over 8% increase in the past 7 days, bringing its monthly gain to over 10%.
Brett Price Approaches ATH As It Regains Bullish Momentum Amidst Price Recovery
Like Dogecoin, Brett (BRETT) has been riding a bullish wave in the past few weeks, registering over 30% increase in the past week alone. Before the sudden spike, BRETt token had struggled to stay above the resistance level above the $0.080 price level where it had visited multiple times before the recent price outbreak.
Meanwhile, 3 months into Brett launch in the market, the native BRETT token reached its historic high price of $0.193, before it subsequently declined to its 6-months lowest level around $0.063. However, as the broader crypto market regains bullish momentum, BRETT token has resumed its uptrend, with a potential to surpass the previous ATH.
Interestingly, this positive price outlook is further supported by technical analysis, with BRETT’s directional indices, including 20, 50, and 200-day EMAs pointing at a buy signal. If this bullish momentum is sustained, then the BRETT token might record a new ATH in a matter of days from now.
Cutoshi Vs. BrettVs. Dogecoin: Which Meme Coin Has The Most Bullish Potential?
Unlike Brett which still largely relies on sensationalism, Dogecoin affiliation with Tesla has played an instrumental role in its price trajectory. In contrast, Cutoshi isn’t just a regular meme coin like Brett and Dogecoin.
Cutoshi’s DeFi integration gives it an edge over most meme coins in the crypto market. Considering its diverse market appeal and self-sustaining ecosystem, Cutoshi presents itself as a more bullish meme coin compared to Brett and Dogecoin.
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