Ethereum

Lucky Cat

DeFi

Bonk

<p>Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.</p>
<p class="is-style-lead">Since its presale launch, Cutoshi has generated hype as a unique meme coin. With Ethereum and Bonk eyeing its potential, investors wonder if Cutoshi could outpace them both.</p>
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   <li><a href="#cutoshi-shows-potential-of-unprecedented-growth-whales-lock-in" rel="noopener noreferrer nofollow">Cutoshi Shows potential of unprecedented growth — Whales lock in</a></li>
   <li><a href="#ethereum-price-maintains-low-momentum-as-whales-exit-its-etf-market" rel="noopener noreferrer nofollow">Ethereum price maintains low momentum as whales exit its ETF market&nbsp;</a></li>
   <li><a href="#bonk-suffers-long-term-consolidation-after-peak-price-in-march" rel="noopener noreferrer nofollow">Bonk suffers long-term consolidation after peak price in March</a></li>
   <li><a href="#can-cutoshi-surpass-bonk-this-year" rel="noopener noreferrer nofollow">Can Cutoshi surpass bonk this year?</a></li>
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<p>Since Cutoshi launched in the presale market, the hype around the coin has been building up due to its unique features as a meme coin. As it gains even more traction, <a href="https://crypto.news/price/ethereum/" target="_blank" rel="noopener noreferrer nofollow">Ethereum (ETH)</a> and Bonk (BONK) are targeting this token considering its potential to deliver high returns.&nbsp;</p>
<p>Both Ethereum and <a href="https://crypto.news/price/bonk/" target="_blank" rel="noopener noreferrer nofollow">Bonk</a> prices have been mirroring an upward motion in the past week. However, with their whales turning heads towards <a href="https://cutoshi.com/" target="_blank" rel="noopener noreferrer nofollow">Cutoshi (CUTO)</a>, investors are left to wonder if this new meme coin could actually surpass Ethereum and Bonk combined.</p>
<h2 class="wp-block-heading" id="cutoshi-shows-potential-of-unprecedented-growth-whales-lock-in">Cutoshi Shows potential of unprecedented growth — Whales lock in</h2>
<p>Ordinarily, memecoins are known to be highly volatile, with their surges reflecting explosive growth that stems from their internet meme hype. <a href="https://cutoshi.com/" target="_blank" rel="noopener noreferrer nofollow">Cutoshi</a> is capitalizing on this trend by integrating lucrative DeFi tools, which has captured the interest of large investors and positioned it as a potential top gainer this year.</p>
<p>Inspired by the Chinese Lucky Cat known for good luck, wealth, and progress, this presale star is posing as Ethereum’s best utility memecoin of the year. The Cutoshi memecoin, with the aspiration to increase DeFi participation globally, focuses on core principles of decentralized finance including privacy, freedom, monetary empowerment, and anonymity.&nbsp;</p>
<p>Essentially, Cutoshi’s ecosystem features a multi-chain decentralized exchange (DEX) for swapping cryptocurrencies across multiple chains. Also, in an attempt to increase its earning capacity, Cutoshi offers users a farming mechanism where they can earn rewards while completing quests. Alongside these features, there’s a learning academy on the platform to spread DeFi knowledge to the masses.&nbsp;</p>
<p>Meanwhile, the platform’s native <a href="https://crypto.news/cutoshis-rise-from-satoshis-teachings-sol-investors-secure-their-cuto-bags/" target="_blank" rel="noopener noreferrer nofollow">CUTO </a>token adopts a deflationary buyback mechanism. This automatically increases the chances of a progressive value for CUTO token as demand for it is bound to increase due to scarcity. Already selling for $0.015 in its first presale stage, whale investors are showing interest with some investing in Cutoshi to benefit from its next price jump to $0.022– a 46.66% gain for early birds.</p>
<p>You might also like: <a rel="noopener noreferrer nofollow" href="https://crypto.news/trending-utility-tokens-eth-cutoshi-tipped-for-huge-growth-by-crypto-experts/"> Trending utility tokens ETH, Cutoshi tipped for huge growth by crypto experts </a></p>
<h2 class="wp-block-heading" id="ethereum-price-maintains-low-momentum-as-whales-exit-its-etf-market">Ethereum price maintains low momentum as whales exit its ETF market&nbsp;</h2>
<p>About a week ago, Ethereum saw a huge outflow from its spot ETFs which contributed to its already lagging momentum throughout September. <span style="margin: 0px; padding: 0px;"><a href="https://x.com/wublockchain/status/1838427314125689285?s=46" target="_blank" rel="noopener noreferrer nofollow">Recent data </a></span><a rel="noopener noreferrer nofollow" href="https://x.com/wublockchain/status/1838427314125689285?s=46" target="_blank">shows&nbsp;that the</a> net outflow from spot Ethereum ETFs was around $79 million. Following this negative sentiment around Ethereum ETFs, Ethereum price was also dwindling.</p>
<p>Ethereum’s price has barely moved above its resistance mark of $2,639 due to a month-long bearish momentum. However, its weekly chart reflects nearly a 9% increase despite an 8% decline in network activity. This has prompted optimistic investors to believe that the leading altcoin will bounce back, potentially covering up its 46% decline below its ATH in the next bull run.</p>
<h2 class="wp-block-heading" id="bonk-suffers-long-term-consolidation-after-peak-price-in-march">Bonk suffers long-term consolidation after peak price in March</h2>
<p>Just like several other meme coins, Bonk coin was a top contender during the memecoin frenzy which happened from late Q1 to Q2, this year. However, following a general market decline, Bonk coin has long since plundered into a consolidation phase as it struggles to achieve a bullish pressure.</p>
<p>That said, <a href="https://coinmarketcap.com/currencies/bonk1/" target="_blank" rel="noopener noreferrer nofollow">Bonk coin price</a> has just registered a noticeable weekly price increase of over 15%, with its network volume seeing a daily record of over 16%. While Bonk coin struggles to break out of its monthly resistance zone, previous sentiments, including its 100 and 200-day moving averages between $0.000020 and $0.000021, point to a possible rally for the token in the next bull run.</p>
<h2 class="wp-block-heading" id="can-cutoshi-surpass-bonk-this-year">Can Cutoshi surpass bonk this year?</h2>
<p>Compared to Bonk, whose network barely serves any utility purpose, Cutoshi presents itself as a meme coin with DeFi tools and utilities that goes beyond the emptiness of memecoins.&nbsp;</p>
<p>As Cutoshi just started its presale, there is more of a possibility for it to surpass Bonk next year than this year.</p>
<p>For more information, visit the <a href="https://cutoshi.com/" target="_blank" rel="noopener noreferrer nofollow">official CUTO website</a> or join the community on <a href="https://twitter.com/CutoshiToken" target="_blank" rel="noopener noreferrer nofollow">X</a> and <a href="https://t.me/cutoshi" target="_blank" rel="noopener noreferrer nofollow">Telegram</a>.</p>
<p>Read more: <a rel="noopener noreferrer nofollow" href="https://crypto.news/cutoshis-rise-from-satoshis-teachings-sol-investors-secure-their-cuto-bags/"> Cutoshi’s rise from Satoshi’s teachings: SOL investors secure their CUTO bags </a></p>
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