It’s meme coin mania again, and these three coins seem to be the center of attraction: Brett, Shiba Inu, and Cutoshi. CoinMarketCap charts reveal a 14.26% and 28.03% increase for Brett and Shiba Inu, respectively, in the past month. Meanwhile, Cutoshi is making waves in its presale, with analysts predicting 100x gains in the near future.
Brett Makes Room for New Investments
Brett (BASED) is the biggest meme coin on the Base ecosystem. When it launched initially, BASED’s market cap went from under $10 Million to nearly $2 Billion in 101 days. Now, the coin’s market cap is sitting pretty at $928.87 Million.
BASED replicates the behavior of other meme coins on different chains like PEPE and BONK, rising on pure hype and fun. Their low initial prices allow investors to purchase large amounts with minimal investment. As prices rise, investors feel a sense of ownership and excitement.
For example, a few months after launch, Brett did 200x, rewarding early buyers handsomely. BASED is currently trading at $0.09717, a 49.64% decrease from its all-time high of $0.1939. Although Brett is having a bullish trend, investors may want to start laying their hands on newer coins with similar potential like Cutoshi.
Shiba Inu Stands Strong
Shiba Inu (SHIB), a.k.a. Dogecoin killer, is an old player in the meme coin world. It upgraded the utility of meme coins by introducing a decentralized exchange and a layer-2 chain (Shibarium) to boost scalability.Â
Since its launch in 2020, SHIB has grown into an international concept. Various merchants now accept the coin as a payment method.
Headlines and tweets from VIPs like Elon Musk and Vitalik Buterin are the major drivers of SHIB’s growth over the years. SHIB has also thrived on the strength of a loyal community of investors.
As of press time, SHIB is trading at $0.00001877, a 79% decrease from its all-time high of $0.00008845. The coin’s market cap is staggering at $11.06 Billion.
Buying SHIB now may not be as profitable as it would have been years ago when the coin launched. However, investors can jump in on newer meme coins like Cutoshi.
Cutoshi Outshines Older Meme Coins
Like Brett and SHIB, Cutoshi (CUTO) is designed to lure ordinary people to experience the DeFi world. By blending the fun of memes with real utilities, the Cutoshi ecosystem provides users with numerous opportunities to earn. For example, Cutoshi Farming grants users mouthwatering rewards when they complete simple tasks and quests.
It doesn’t end there. Cutoshi will also distribute unique NFTs to users who purchase the CUTO token early. Then there is Cutoshi Merch, which provides a lively and fashionable means for users to express their dedication to crypto and Cutoshi.
Furthermore, the Cutoshi ecosystem comprises a decentralized exchange where users can trade or swap tokens seamlessly. This is one way that Cutoshi aims to onboard newbies into the crypto space.
The CUTO token powers the whole Cutoshi ecosystem, used for transactions and rewards. People who buy the token now will earn more rewards and have higher returns on their investment over time. In the ongoing presale, $CUTO is trading at $0.015 per token.Â
Analysts are optimistic about the coin’s potential growth (100x increase) once it gets listed on top-tier exchanges. However, as with all investments, it’s important to research and consider the risks involved.
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