Dogecoin could soar to previous levels, but analysts expect Katsi to do even better than the leader in the meme space.
There is a lot of talk about the ‘future’ in the crypto market, with many crypto projects looking to recoup some of their losses and return to previous levels during traditionally bullish months. As expected, memecoin will join the bulls as industry leader Dogecoin (DOGE) attempts to return to $0.15 levels.
Meanwhile, crypto experts are backing Cutushi (CUTO), a hybrid meme and Defi token. The pre-sale token aims to outperform DOGE in the profit race using the beckoning cat charm and Satoshi Nakamoto’s blueprint.
Dogecoin (DOGE) focuses on $0.15 mark amid bullish expectations
Despite benefiting from a late September rally that saw DOGE price hit $0.132 (highest since July), Dogecoin (DOGE) started the month in less than impressive fashion. DOGE price was caught in a correction wave that affected Bitcoin and many other altcoins. However, Dogecoin (DOGE) is now gradually moving back into bullish territory.
According to some Dogecoin news, there has been noticeable whale activity on the project recently. Market intelligence platform IntoTheBlock recently reported that Dogecoin (DOGE) reached ~$2.07 billion DOGE in the first week of October. Additionally, 24-hour trading volume has skyrocketed, according to data from CoinMarketCap. And now, many analysts are pointing out that this renewed interest in Dogecoin (DOGE) portends an impending DOGE price spike.
Popular crypto market analyst Ali Martinez also identified a well-known pattern in Dogecoin’s price chart from several years ago. According to Ali, there will be three stages: a 200% pump followed by a 60% pullback, followed by a full-blown bull market.
All these indicators suggest that DOGE price could fall to the $0.15 level in the coming weeks.
Cutushi (CUTO): Combining fun and practicality with Defi
At first glance, the first catchy feature of the CUTO project is the beckoning cat theme. This project is a conceptualization of the Chinese beckoning cat, which is traditionally believed to bring good luck. This idea perfectly complements the functionality of blockchain, which is consistent with the ideals of the famous Satoshi Nakamoto: decentralization, freedom, and privacy.
The Defi industry has long struggled with interoperability between different blockchains. Cutushi (CUTO) introduces Cutushi DEX, a decentralized exchange platform that enables easier multi-chain cryptocurrency trading. Cutushi DEX creates utility for the native CUTO token, giving it a distinct advantage over other meme coins like Dogecoin (DOGE).
As an Ethereum-based token, Cutushi (CUTO) benefits from the security and transparency of the Ethereum blockchain. The project also takes deflationary measures to curb inflation. 7% of the project’s 440 million token supply is earmarked for burning. This token burning creates a shortage to maintain the value of CUTO.
Moreover, the added value that Cutushi (CUTO) brings to the Defi industry. To further emphasize its alignment with Satoshi’s template. The Cutushi ecosystem features a Defi Academy where enthusiasts can expand their trading and decentralized finance knowledge. Members of the Cutshi community can also earn rewards by participating in community activities and claiming rewards through Cutushi Farming.
This project combines the best of two worlds: the fun of memes and the practicality of Defi. Cutushi (CUTO) has so much value, and experts already agree on its vision.
Expert views on Dogecoin and Kutoshi
The optimistic trend in the cryptocurrency market is evident, especially when it comes to meme coins. Meme coins are known for huge price spikes, so it’s easy to see that both Dogecoin and Katsi could be major contributors to price spikes.
However, the impact of Defi on the Cutushi project is favorable. Also, unlike many meme coins, CUTO is not lacking in utility, and its deflationary plan could ensure a consistent price trajectory. Experts are bullish on Kutoshi. The token is currently selling for $0.022 in stage 2 of the presale, with the token price expected to increase 100x.
For more information on the CUTO presale, please see below.
https://cutshi.com/
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https://twitter.com/CutushiToken
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This is a sponsored article. The opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before acting on the information presented in this article.
