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The meme coin market has become quite famous for its lucrative potential. In most cases, top meme coins like Popcat (POPCAT) with no inherent value or financial expectations, are intended solely for entertainment. However, due to the sensationalism around the meme coin culture, most meme coins tend to draw enormous attention that yields great profits.
To make a difference, this presale star is set to expand the meme coin functionalities to drive sustainable growth. Namely Cutoshi (CUTO), this new meme coin project integrates a DeFi Hub within its ecosystem, an attribute that has attracted many crypto enthusiasts and investors. But is this enough for Cutoshi to rival the dominance of Popcat and its likes?
Besides the inherent cultural hype associated with most meme coins, there has been a noticeable shift in focus from mere hype meme coins to value-driven alternatives. To fit into the latter category, Cutoshi has made it its primary objective to create a value-first ecosystem while retaining its cultural and meme coin elements.
Inspired by the popular Chinese Lucky Cat associated with luck, prosperity and wealth, Cutoshi adopts Satoshi Nakamoto’s Bitcoin core principles like decentralization, privacy, and monetary freedom. As such, the Cutoshi ecosystem includes lucrative and community-centric features like a DEX platform and a staking protocol.
Asides carrying out crypto transactions on Cutoshi DEX, individuals can optimize their earnings by participating in staking activity or even earn complimentary rewards like the native CUTO token, NFTs and Cutoshi Merch by engaging in community quests. At a current price of $0.015 price in the initial presale phase, Cutoshi has successfully pulled in over $300K in funding with analysts anticipating a 100x increase for CUTO token post-launch.
Top meme coin, Popcat (POPCAT) has been registering new highs amidst ongoing bullish momentum. Notably, the famous cat-themed meme coin meme coin is trading within a weekly price range $0.94 and $1.44, which reflects over 53% increase over the past seven days.
While the recent POPCAT price increase brings the monthly price gain to a substantial 184% increase, it further contributed to the token’s overall price gain of over 8800%. Meanwhile, the current price range also marks the highest it has ever reached since going public almost a year ago.
That said, it is also important to note that the meme coin has not had the smoothest ride even until this moment. The Meme coin has previously attempted to cross the $1 price, but only made it to $0.96 before it fell as low as $0.29. However, the POPCAT price subsequently gained momentum, one that it has maintained to this moment.
Although Popcat has enjoyed a positive price trajectory to reach its current ATH while it continues to enjoy expanding community support, it is no real match for Cutoshi. Notably, Cutoshi operates a hybrid meme coin by integrating DeFi elements.
While this attribute makes the native CUTO token a standout cryptocurrency, it also puts it a step ahead of top meme coins like Popcat who rely solely on sensationalism.
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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.
