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The last quarter of the year has been largely predicted to be a bullish one for the crypto market. In light of this, a fast-rising presale star, Cutoshi (CUTO) has been predicted to become the next breakthrough token. More specifically, Cutoshi has been forecasted to outperform other top meme coins, including Shiba Inu (SHIB).
With its presale already reeling in huge interest in just a few weeks, analysts suggest that Cutoshi could reach $1 price mark ahead of Shiba Inu and the latest layer 1 presale altcoin, BlockDag (BDAG).
Cutoshi Signals As The Next DeFi-Driven Meme Coin Set To Deliver A 100X ROI
Based on the Ethereum network, Cutoshi (CUTO) is a new hybrid meme token with DeFi integration, thereby offering the best of both worlds. Owing to this unique approach, Cutoshi offers significant contributions to both sectors, while championing decentralization, monetary power and privacy— the core principles that Bitcoin’s founder endorsed.
Cutoshi takes a strong stance in the DeFi space by housing a decentralized exchange (DEX) platform. This allows its users to perform decentralized activities such as swapping cryptocurrencies across multiple chain networks seamlessly. Additionally, Cutoshi integrates a token farming model where users can earn extra tokens and complementary NFTs and merch by completing quests and winning competitions.
The integration of DeFi features sets Cutoshi apart for exponential gains which may eventually drive its token to $1 almost immediately after launch. Currently, the native $CUTO token sells for $0.022 in its second presale stage, representing a 46% spike from its launch price. This development, coupled with its new listing on CoinMarketCap, sets Cutoshi up for further growth throughout its ICO journey and when it lists on major exchanges.
Shiba Inu Price Maintains Bullish Momentum For Q4
Shiba Inu (SHIB) token has held a relatively bullish momentum in the past month, most of which was contributed by its impressive spike above $0.000020 during late September. However, Shiba Inu token subsequently consolidated briefly before it eventually resumed a bullish trend as seen in the chart below.
This upward movement has raised Shiba Inu’s monthly gain over 41%, retaining a highly bullish sentiment for the token. Meanwhile, SHIB price has also increased by over 8% in the past seven days as it refuses to stay below its weekly resistance level.
The most significant aspect of this development is that it marks the start of price resurgence for Shiba Inu token after it fell from its yearly high in Q1. This drives more positive sentiment for Shiba Inu as one of the top meme coins in focus this Q4.
BlockDag Network Attracts Large-Scale Investors To Its Advanced Layer 1 Network
BlockDAG (BDAG) has attracted considerable attention to its network which is favored for its advanced layer 1 solutions, POW system and high scalability. Due to its ability to run multiple independent nodes, experts predict that this altcoin will outperform traditional networks like Bitcoin.
Meanwhile, BlockDAG recently launched its testnet on September 20, 2024, allowing users to explore its blockchain through features like the explorer and faucet, enabling seamless transfers of BDAG tokens through MetaMask. Considering how high the performance and scalability of its testnet has been so far, BDAG token is being projected to see a massive price rally.
More crypto investors are flocking to BlockDAG's presale, which has accumulated close to $100 million, with projections of reaching $600 million soon. Currently, in batch 24 at $0.0206 per coin, BDAG token presents an amazing opportunity for investors looking for long-term gains in a rapidly growing layer-1 network.
What Will It Take For Cutoshi To Outperform Shiba Inu?
In the past years, Shiba Inu has grown massively in the meme coin market with its recent DeFi market advances. Hence, it may be far reaching for Cutoshi to surpass Shiba Inu soon. However, If Cutoshi maintains sustained interest and price surge, it could definitely outperform SHIB in 2025.
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Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.