Meme coins, such as Pepe the Frog and Doge, have been popular in the cryptocurrency world for years. However, a new hybrid meme coin called Cutoshi has gained attention due to its impressive presale, surpassing $1.1 million. It has the potential to be the next big meme coin. Pepe the Frog gained popularity through a cartoon by Matt Furie and quickly became a favorite in the crypto community.
Analyst Max Schwartzman has suggested that PEPE could be the “alpha” meme coin of the current season, followed by Shiba Inu as the “beta.”
Dogecoin, the original meme coin, has maintained its popularity due to its first-mover advantage, with a market cap of approximately $55 billion, placing it as the 6th largest coin.
Its growth of 410% on yearly charts indicates the bullish sentiment surrounding the memecoin. Cutoshi, an Ethereum-based project, stands out for its functionality and focus on DeFi. Its cross-chain DEX addresses liquidity fragmentation issues, reducing the need for users to bridge money across different blockchain networks.
This addresses a major headache for crypto traders and highlights the importance of interoperability in the DeFi space. Cutoshi’s ecosystem also includes a learning academy for DeFi, utility-based NFTs, and an active community. Currently, Cutoshi is approximately 85% through the third phase of its presale, offering an early-stage investment opportunity with no long-term holders to sell.
The current price of Cutoshi is $0.0259. In conclusion, Cutoshi has the potential to be the next big meme coin, offering innovative features and addressing a significant challenge in the DeFi industry. Its focus on functionality and strong community support could contribute to its success in the highly competitive cryptocurrency market.
