Brett (BASED) Meme Coin has continued to grow in popularity since it officially launched on the Base Network. Despite being a relatively new crypto outfit, Brett already boasts of one of the largest market capital, and currently holds the 8th position among the top meme coins valued above $1B.
Considering how far Brett token has come in just a few months, crypto experts are now looking towards another new market entrant– Cutoshi (CUTO), with similar disruptive potential. While it recently launched in the presale market, analysts are anticipating that it will become the next 100X token due to its unique DeFi attribute. Could this claim hold water? Let’s find out.
Cutoshi Attracts Crypto Investors with Revolutionary DeFi Hub; Can it Mirror Brett Success?
New presale star, Cutoshi (CUTO) has taken the spotlight in both the meme coin and DeFi market. As a MemeFi token inspired by Chinese Lucky Cat, Cutoshi adopted Satoshi Nakamoto’s teachings by prioritizing decentralization, privacy, and monetary freedom.
Specifically, the Cutoshi ecosystem integrates DeFi elements, including a multi-chain exchange dubbed Cutoshi DEX, a farming mechanism, and a custom NFT marketplace, among other things, in order to ensure a continuous value generation.
With its vast DeFi hub which also consists of an academy which aims to narrow the knowledge gap in crypto, Cutoshi is set to take over the meme coin market and attract significant traction even from the DeFi market. This ability to appeal to a diverse market sets it apart from other top meme coins like Brett.
Meanwhile, the most interesting part of this project is the native $CUTO token which serves multiple functions. Besides serving as the governing token, the Ethereum-based cryptocurrency will also facilitate all transactions within the ecosystem, further suggesting that its tokenomic will support long-term value growth.
At a current price of $0.015 in the initial token presale phase, Cutoshi is poised for significant growth, especially considering its adoption of a deflationary mechanism and limited token supply. Given its unique potential to scale up in the DeFi market, experts are already predicting Cutoshi to complete a 100X run post-listing, potentially surpassing the likes of Bretts, and other Ethereum-based tokens like Shiba Inu and Pepe.
Brett Price Approaches its Year-to-Date ATH with Over 50% Rebound
Despite taking a major hit after reaching its yearly peak at $0.19 sometime in June, Brett (BASED) token has continued to thrive, boasting a year-to-date price increase of over 170%. While the Base Network based cryptocurrency dipped below $0.06 due to a severe market downturn, it has since regained momentum in the past month.
Currently trading within a weekly price range of $0.08 and $0.10, Brett price reflects nearly 24% increase in the past week and roughly 29% in the past month. This recent price surge has fast-tracked Brett’s recovery back to its yearly ATH as it is now 50% increase away from claiming the ground above $0.20 price mark.
Can Cutoshi Replicate Brett Token Success Post-Listing?
Brett token is arguably one of the most successful meme coins, which is evident in its fast-paced market capitalization to $1B. However, like most meme coins with no solid utility purpose, Brett could face a major roadblock in terms of sustainability. In contrast, Cutoshi’s ability to operate in diverse markets gives it a better edge at becoming the next 100X meme coin, with the possibility of outrunning Brett and other established altcoins.
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