Pepe (PEPE) Holders Rush to New Memecoin Cutoshi (CUTO) as It Approaches $350K

Even as Pepe (PEPE) coin recently found its way out of a bearish zone, accumulating over 29% monthly gains, token holders are still searching the market for meme coins with similar potential or even better. This has led many to a new presale project that has been spotlighted as the next meme coin with exponential growth potential.

The new initiative, Cutoshi (CUTO) has laid a solid foundation in the presale market by accumulating over $350,000 in only a few weeks. However, investors are eagerly waiting for its launch to explore its hybrid ecosystem.

Cutoshi Operates as a Hybrid Protocol With Potential to Rival Top Meme Coins

Cutoshi (CUTO) is a one-of-a-kind MemeFi platform that distinguishes itself from other meme coins without practical utilities. Essentially, the hybrid protocol adopts Satoshi Nakamoto’s blockchain core principles like decentralization, privacy and monetary freedom. These principles, coupled with a cultural theme inspired by the popular Chinese Lucky Cat known for luck, prosperity, and wealth, set it apart from its peers.

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Notably, Cutoshi DeFi hub features lucrative and community-centric features, including a DEX platform and a staking protocol. Its exchange platform particularly allows trading of cryptocurrencies across multiple blockchains. Meanwhile, there are other interesting features to explore, such as a token farming mechanism, a learning academy that aims to fill DeFi knowledge gaps, and complimentary NFTs and merch rewards.

Moreover, the native $CUTO token has a buy/back and burn mechanism that drives scarcity and boosts demand. With such a solid path to sustainability, experts have predicted Cutoshi to be the next Pepe challenger with the potential for 100x growth.

Pepe Coin Recovers Sharply From Steep Fall; Can Bullish Momentum Last?

With an over 1,350% year-to-date (YTD) price increase and its position as the third-largest meme coin, it’s clear that Pepe (PEPE) coin has solidified its presence amidst savvy investors. Meanwhile, the past month has been nothing short of impressive for Pepe as the frog-themed meme token rose by over 30%.

What’s more interesting about Pepe’s recent surge is how it resiliently priced back up after sharply falling to lower levels. After reaching a monthly peak of $0.0000117, Pepe coin price took a decline to lower levels around $0.000008532. However, in a twist of events, Pepe price took a flight back up. It surpassed the crucial $0.000010, as observed in the chart below.

Following another setback, Pepe coin price is consolidating below the crucial $0.000010 level. Regardless, considering its confident comeback, coupled with bullish technical indicators like the 20, 50 and 200-days EMAs. The token seems capable of surviving deeper falls and potentially taking advantage of the next bull run to hit new highs.

How Long Before Cutoshi Surpasses Pepe?

While it is impossible to predict accurately when Cutoshi will surpass Pepe coin, there are signs that it might not take too long. Considering Pepe coin’s dominance in the meme coin market as one of the top meme coins, Cutoshi will have to consistently sustain huge investors interest, which its DeFi-based ecosystem is built for.