The broader crypto market is beginning to regain bullish momentum. The likes of Neiro Ethereum (NEIRO) and Pepe (PEPE) are experiencing price resurgence. While this suggests that Ethereum-based tokens are back on track, investors are keenly monitoring other projects within the ecosystem.
Meanwhile, this motive has led many to the gleaming progress of Cutoshi (CUTO). It is a new Ethereum-based hybrid meme coin set to surpass all Solana meme coins. Already tipped for a 100x growth projection, Cutoshi continues to raise eyebrows in the presale and broader crypto market.
Cutoshi Aims to Become the Biggest Ethereum-Based Meme Coin Using Its MemeFi Platform
The hybrid meme coin project, Cutoshi (CUTO), sits at the intersection of meme coin entertainment and decentralized finance (DeFi). This diverse approach positions it as a trendsetter in the meme coin market. Thus, it is drawing enormous interest now during its presale phase.
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Cutoshi’s allure lies within its DeFi Hub. It houses a DEX platform where users can anonymously trade crypto assets across multiple blockchains. Cutoshi also offers a farming mechanism for its users to earn extra token rewards by completing challenges and quests.
Cutoshi prioritizes Satoshi Nakamoto’s Bitcoin’s core principles of decentralization, privacy, and monetary freedom. Moreover, the hybrid protocol is culturally inspired by the popular Chinese Lucky Cat, associated with success, good luck, and prosperity. By ingraining cultural elements within its ecosystem, Cutoshi fosters a positive mindset among users as they navigate the crypto market.
That, combined with a DeFi learning academy and its native token’s deflationary mechanism, has succeeded in attracting massive interest worth over $500k in just a few weeks. Besides, Cutoshi’s native token, $CUTO, is selling for an ample price of $0.022 in the second presale stage. Thus, it offers a good entry point for early backers.
Neiro Ethereum Token Assumes Highly Bullish Position for the Week
After falling below the crucial $0.1619 price mark, Neiro (NEIRO) Ethereum token recently made a comeback move. That allowed it to rise by over 49% in barely two days. This rise in the price of the NEIRO token coincides with its recent network volume. That reflects a similar bullish rise of up to 11157%.
However, before the NEIRO token regained momentum, things were not so rosy for the Ethereum-based token. In the past four weeks combined, NEIRO price has declined by over 48%. Regardless, its latest comeback of nearly 87% gain this past week, as seen in the chart below, reignites a new wave of optimism among analysts and token holders.
Neiro Ethereum’s market cap has also increased by over 49%, raising the value to $115.21M. As the next crypto bull run lurks, investors increasingly hold Neiro Ethereum tokens in the hope of more substantial returns.
Pepe Coin Leads Ethereum-Based Meme Coins with Bullish Momentum
Despite experiencing several fluctuations as a meme coin, the Pepe (PEPE) coin still portrays a strong bullish momentum for the year. Meanwhile, Pepe coin already had its fair share of a magnificent bull run back in Q1. It reached a high of $0.000015 before a noticeable retracement to its current zone below $0.000010.
Regardless, PEPE has kept a generally bullish momentum, pulling in more investors due to its resilience. Notably, as seen in the above chart, Pepe coin has risen by over 35% in the past month, with its weekly gains recently showing over 5% price upticks. The severe fluctuation exhibited in the Pepe price trajectory further suggests that the meme coin is considerably strong even amidst harsh reality.
The Pepe price reflects a noticeable decline from its monthly ATH, and its technical directional indexes, including 10, 50, and 200-day EMAs, indicate a strong buy signal. That explains why investors are still accumulating the PEPE coin in hopes of more fruitful returns.
Will Cutoshi Topple Over Pepe After Its Presale?
Cutoshi can potentially topple over Pepe immediately after it rounds up its presale. While the certainty of this possibility is not 100%, several factors could boost the success of Cutoshi over other meme coins with utility, like Pepe, this year.