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Amid the bull market’s second wave, investors shift focus to emerging projects like Cutoshi, blending meme appeal with real-world utility for higher profitability.
As the profit booking in the cryptocurrency market seems over, the capital inflow has increased. Institutional investors and whales are adding to their winning position as we head for the second leg of the bull market.
Tough large caps like Cardano (ADA) and Binance Coin (BNB) have performed very well. The vertical move in these coins has already happened and smart investors are shifting to potential coins like Cutoshi, which provides a higher win rate and profitability.
Cardano struggles near $1 psychological level
After the top formation in early December, Cardano has pulled back nearly 30% to the $0.90 level. In the recent rebound, it attempted to form a reversal; however, supply continues to increase at the $1 level. The 20-day moving average is working as immediate support for the price, while on the downside, $0.90 is a great demand zone.
At the time of writing, Cardano is priced at $1.07, down 5.05% in the last 24 hours and 10.07% over the past week. Its Total Value Locked (TVL) has also dipped from the December high. With a market cap of $37.6 billion and a 24-hour trading volume of $973 million, Cardano is trying to recover back from the profit booking.
Can Binance Coin continue the momentum?
The BNB coin recently hit an all-time high of $793.86 but saw a slight pullback, losing some momentum. Its price dropped to a swing low of $642, declining by 18.7%. Despite this dip, Binance Coin has a market cap of $102.8 billion and remains above the $700 mark, solidifying its position as the sixth-largest cryptocurrency.
Binance’s continuous expansion into areas like NFTs, staking and DeFi opens up more opportunities for BNB to grow in value. The platform’s innovation and diverse offerings have boosted the adoption of its native token, reinforcing its role as a major player in the cryptocurrency ecosystem.
Cutoshi prepares for 100x surge this bull cycle
The cryptocurrency market has seen a surge in interest due to meme coins, but investors are now looking for projects that combine hype with real utility. One standout in this space is the MemeFi project Cutoshi, which has gained massive traction by rallying a strong community around its solid foundation. Cutoshi is redefining meme coins by fully utilizing blockchain technology and decentralized finance features. It aims to blend the fun of meme coins with the steady growth of utility-focused projects.
Cutoshi’s ecosystem offers valuable features, including a decentralized exchange platform where users can swap cryptocurrencies across multiple blockchains. It also includes a staking protocol and a token farming mechanism that rewards users for completing games. Participants can earn extra tokens, NFTs and branded merchandise. In addition, Cutoshi runs an educational academy to teach people about DeFi, making it a strong player in driving adoption.
By combining the engaging appeal of meme coins with a complete DeFi experience, Cutoshi stands out from its competitors. The project has already raised over $1.45 million in the ongoing presale of its CUTO token, showing strong investor interest.
Since its launch, Cutoshi’s presale has performed exceptionally well. During stage four, the token price rose from $0.015 to $0.031, a 106% gain for early supporters. With its recent CoinMarketCap listing and a lucrative discount price, many believe Cutoshi could lead the next meme coin surge in 2025.
To learn more about Cutoshi, visit the website.
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