There’s an interesting shift in the meme coin space as more cat themed projects are emerging, bringing in massive price multipliers while outperforming projects like Dogwifhat.
Popcat (POPCAT) in particular has taken the market by storm by surging by more than 10,000% in a matter of weeks. Cutoshi is another newcomer that could rewrite the rules by merging meme energy with a state-of-the-art DeFi platform. Will the dogs protect their territory or are cats taking over?
Dogwifhat Retests Lower Levels
At press time, Dogwifhat (WIF) sells for $2.32 and is consolidating around this trading range. Volume metrics show an increased trader interest in Dogwifhat with a 71% rise. Over the last 24 hours, $344 million worth of WIF has changed hands on exchanges.
Crypto analyst Bluntz Capital has pointed out in a post on X that Dogwifhat is bottoming out against Solana. He also noted that on the 4-hour timeframe of the WIF/SOL chart, Dogwifhat is printing a bullish divergence pattern. As Solana is entering an ascending channel, Dogwifhat could soon follow suit and experience a massive rally that could culminate with a new ATH by the end of the year. However, this scenario will most likely unfold after the US elections.
Popcat Is Slowing Down, Calm Before The Storm?
Popcat (Popcat) has become one of the hottest meme coins of this cycle, speedrunning a $0.009 to $1.64 rally in mere months. Right now, Popcat is in the middle of a parabolic move and is retesting lower levels giving holders the chance to accumulate. Data from CoinMarketCap shows that 24-hour volume has surged by a massive 120%, with over $205 million worth of Popcat traded, with Popcat now priced at $1.47.
According to renowned analyst Murad, the Popcat party hasn’t even started yet. He shared a chart analysis suggesting that Popcat’s price action is about to reach critical mass which could lead to an explosive move to $5, dwarfing all the previous rallies.
Cutoshi: The Best Of Both Worlds
The truth is that as profitable as they are, Dogwifhat and Popcat are purely driven by hype, and once the market hops on the next trend, they could experience significant disruption. By focusing on utility, Cutoshi is built to thrive, not just in this current cycle, but for years to come.
Cutoshi is not just another meme coin, it’s a community basket DeFi ecosystem that will offer seamless cross-chain swaps at just 0.25% in fees.
Users who engage with the ecosystem will have the chance to earn substantial monetary rewards via the Cuto Farm initiative. During and after the presale, they will be tasked to complete various missions aimed at boosting Cutoshi’s presence in the crypto space. For their efforts, they will receive cutopoins that can later be exchanged for $CUTO tokens. Moreover, they can also stake $CUTO and earn passive income.
Cutoshi has a very simple goal: to bring good fortune to its community just like how the Lucky Cats of Chinese tradition bring prosperity to businesses.
Another intriguing feature that sets Cutoshi apart from competitors is the Cutoshi Academy. This is a learning hub that will help beginners navigate the intricacies of crypto, while teaching them the basics of navigating crypto and the ins and outs of DeFi.
The second stage of the $CUTO presale is live and the token sells for just $0.022. Once Cutoshi hits the markets, it could follow Popcat’s footsteps and experience a significant rally in 2025.
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