Cutoshi (CUTO) is emerging as a strong challenger to Dogecoin (DOGE), attracting interest due to its focus on decentralization and DeFi

This new meme coin and Dogecoin's new rival has attracted the attention of crypto whales It offers a community-driven ecosystem, a decentralised exchange, and income opportunities through its farming mechanism. With its ongoing presale, Cutoshi is positioned for potential significant growth, possibly surpassing Dogecoin by 2030

The meme coin market has always been a spectacle in the crypto space. Their volatile nature, huge cultural sensation, and institutional interest have set them apart as favourable investment choices.

#sr_widget.onDemand p, #stock_pro.onDemand p{font-size: 14px;line-height: 1.28;} .onDemand .live_stock{left:17px;padding:1px 3px 1px 5px;font-size:12px;font-weight:600;line-height:18px;top:9px} #sr_widget.onDemand .sr_desc{margin:0 auto 0;} #sr_widget.onDemand .sr_desc{color: #024d99;margin-top:10px;} #sr_widget.onDemand .crypto .live_stock .lb-icon{8px 6px 5px 3px !important} #sr_widget.crypto.onDemand a.text{border-bottom:1px solid #ccc;padding-bottom:5px;display:block;width:100%} #sr_widget.onDemand .sr_desc .text p, #stock_pro.onDemand .sr_desc .text p{font-size:12px;font-weight:400;} While Dogecoin (DOGE) has been one of the most valued meme coin assets for years, several new meme coins have emerged with the potential to surpass DOGE, but none have. However, a new meme coin called Cutoshi (CUTO) is proving to be a stronger rival for Dogecoin. With a centred focus on top DeFi practices, Cutoshi is taking the hybrid route to meme coin stardom.

Cutoshi pushes decentralisation to the limit, attracting major whale interest
The meme coin market is buzzing with excitement as more meme coins with innovative features launch on the blockchain. Ranking in this category is Cutoshi (CUTO), a new meme coin gem inspired by the ideals of Satoshi Nakamoto, which directly focuses on decentralisation, monetary freedom, and privacy.

With its logo, Cutoshi also attributes its origin to the Chinese Lucky Cat—a popular cat known to invite good luck, wealth, and progress. With a positive outlook like this and an hybrid approach involving the volatile nature of the meme coin market and the lucrative potential of the DeFi market, whale investors are beginning to flood Cutoshi’s ongoing presale.

Interestingly, Cutoshi’s main allure lies within its ecosystem. Beyond its community-driven nature, where users have full control and decision-making power, Cutoshi’s DeFi Hub houses a decentralised exchange that allows crypto swaps across multiple chains. Additionally, Cutoshi opens up a path for users to earn on its platform by participating in challenges and quests in a farming mechanism.
GrowfastSuccession Planning Masterclass
Strategy
Succession Planning Masterclass
By - Nigel Penny, Global Strategy Advisor: NSP Strategy Facilitation Ltd.
Financial Reporting and Analytics
Finance
Financial Reporting and Analytics
By - Dr. C.P. Gupta, Professor: Department of Finance and Business Economics, University of Delhi
Performance Marketing for eCommerce Brands
Marketing
Performance Marketing for eCommerce Brands
By - Zafer Mukeri, Founder- Inara Marketers
Business Storytelling Masterclass
Leadership
Business Storytelling Masterclass
By - Ameen Haque, Founder of Storywallahs
AI for Everyone: Understanding and Applying the Basics on Artificial Intelligence
Artificial Intelligence(AI)
AI for Everyone: Understanding and Applying the Basics on Artificial Intelligence
By - Ritesh Vajariya, Generative AI Expert
Mastering C++ Fundamentals with Generative AI: A Hands-On
Artificial Intelligence(AI)
Mastering C++ Fundamentals with Generative AI: A Hands-On
By - Metla Sudha Sekhar, Developer and Lead Instructor
Budget Analysis, Forecasting & Control
Finance
Budget Analysis, Forecasting & Control
By - Mandar V. Joshi, Partner and Head of Technology Implementation, Management Consulting: KPMG
AI and Generative AI for Finance
Finance
AI and Generative AI for Finance
By - Hariom Tatsat, Vice President- Quantitative Analytics at Barclays
Digital Marketing Masterclass by Neil Patel
Marketing
Digital Marketing Masterclass by Neil Patel
By - Neil Patel, Co-Founder and Author at Neil Patel Digital Digital Marketing Guru
Future of Marketing & Branding Masterclass
Marketing
Future of Marketing & Branding Masterclass
By - Dr. David Aaker, Professor Emeritus at the Haas School of Business, UC Berkeley, Author | Speaker | Thought Leader | Branding Consultant
Labour Laws
Legal
Labour Laws
By - Ankita Ray, Partner: Cyril Amarchand Mangaldas
ESG and Business Sustainability Strategy
Strategy
ESG and Business Sustainability Strategy
By - Vipul Arora, Partner, ESG & Climate Solutions at Sattva Consulting Author I Speaker I Thought Leader
Digital Personal Data Protection Act 2023
Legal
Digital Personal Data Protection Act 2023
By - Gaurav Khera, Partner, Risk Advisory: Deloitte
Vastu Shastra Course
Astrology
Vastu Shastra Course
By - Sachenkumar Rai, Vastu Shashtri
Digital marketing - Wordpress Website Development
Marketing
Digital marketing - Wordpress Website Development
By - Shraddha Somani, Digital Marketing Trainer, Consultant, Strategiest and Subject Matter expert
Digital Marketing Masterclass by Pam Moore
Marketing
Digital Marketing Masterclass by Pam Moore
By - Pam Moore, Digital Transformation and Social Media Expert
A Comprehensive ASP.NET Core MVC 6 Project Guide for 2024
Web Development
A Comprehensive ASP.NET Core MVC 6 Project Guide for 2024
By - Metla Sudha Sekhar, Developer and Lead Instructor
Commercial Contract and Dispute Resolution
Legal
Commercial Contract and Dispute Resolution
By - Mukul Sharma, Partner- Cyril Amarchand Mangaldas
Financial Literacy i.e Lets Crack the Billionaire Code
Finance
Financial Literacy i.e Lets Crack the Billionaire Code
By - CA Rahul Gupta, CA with 10+ years of domain experience, trainer
Java Programming with ChatGPT: Learn using Generative AI
Artificial Intelligence(AI)
Java Programming with ChatGPT: Learn using Generative AI
By - Metla Sudha Sekhar, Developer and Lead Instructor
Basics of Generative AI : Unveiling Tomorrow's Innovations
Artificial Intelligence(AI)
Basics of Generative AI : Unveiling Tomorrow's Innovations
By - Metla Sudha Sekhar, Developer and Lead Instructor
Corporate Fraud and Forensic Modelling
Finance
Corporate Fraud and Forensic Modelling
By - Ankush Lamba, Managing Director- Ankura
Drafting Commercial Contracts and Dispute Resolution
Legal
Drafting Commercial Contracts and Dispute Resolution
By - Shafaq Uraizee Sapre, Managing Partner: Mumbai, Chandhiok and Mahajan
Modern Marketing Masterclass by Seth Godin
Marketing
Modern Marketing Masterclass by Seth Godin
By - Seth Godin, Best-selling author

Meanwhile, the native $CUTO token serves as the primary medium of exchange within the ecosystem. Besides facilitating transactions and reward distribution, the CUTO token also doubles as the governing token, empowering token holders to participate in decision-making processes. With a current price of $0.015 in the initial stage of its presale, market analysts are projecting a 100x rally post-launch.

Dogecoin (DOGE) readies for take off despite slight decline market cap
After securing over 88% gains from this time last year till now, Dogecoin (DOGE) token has successfully marked a strong spot in the list of top 10 altcoins by market capitalisation. As the DOGE token navigates the bearish pressure that came after its yearly peak of $0.22, investors are watchful as the token recently made a reversing move.

Notably, Dogecoin recently registered a 1.66% decline in its market cap and nearly 7% reduction in network activity. Regardless, the canine-themed meme coin completed a noticeable 19% price increase in the past month to finalise Q3. This positive outlook has raised speculations about a similar trend for the native DOGE token throughout Q4.

Is Cutoshi capable of surpassing dogecoin before 2030?
Even though Dogecoin has built up a massive market cap above $17 billion, the meme coin poses little to no utility in the crypto space. However, Cutoshi is not just a meme coin, it has a serious utility nature set to be utilised maximally in the DeFi space. This alone boosts Cutoshi’s potential of surpassing Dogecoin before 2030.

Join and become a community member:

https://twitter.com/CutoshiToken
https://t.me/cutoshi

Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions.

Disclaimer: The above content is non-editorial, and TIL (Times Internet Limited) hereby disclaims any and all warranties, express or implied, relating to the same. TIL does not provide investment advisory services in any manner and the publication of this content does not mean TIL's or Economic Times endorsement. TIL strongly recommends the users to take all steps necessary to ascertain that any information and content provided is correct, updated and verified and/or speak with a qualified investment professional before making any investment decisions.
#sr_widget.onDemand p, #stock_pro.onDemand p{font-size: 14px;line-height: 1.28;} .onDemand .live_stock{left:17px;padding:1px 3px 1px 5px;font-size:12px;font-weight:600;line-height:18px;top:9px} #sr_widget.onDemand .sr_desc{margin:0 auto 0;} #sr_widget.onDemand .sr_desc{color: #024d99;margin-top:10px;} #sr_widget.onDemand .crypto .live_stock .lb-icon{8px 6px 5px 3px !important} #sr_widget.crypto.onDemand a.text{border-bottom:1px solid #ccc;padding-bottom:5px;display:block;width:100%} #sr_widget.onDemand .sr_desc .text p, #stock_pro.onDemand .sr_desc .text p{font-size:12px;font-weight:400;}
This story originally appeared on: India Times - Author:Faqs of Insurances