Meme coins are in for a major comeback and millionaire investors know this. This is why they have been diversifying their positions by buying Bonk (BONK) and Cutoshi (CUTO).
Bonk has been showing significant strength and could see massive rallies in the upcoming months. Meanwhile, Cutoshi, despite being a newcomer, is gaining massive traction and could see insane price multipliers by the end of 2024.
Bonk Breakout Confirmed, What’s Next?
Bonk (BONK) has entered an ascending channel after breaking out of its recent range around the $0.000017 mark. Today Bonk sells for $0.000019 with a 19.3% weekly increase. The next big resistance that Bonk needs to reclaim is the $0.000022 level, after which analysts predict a rally toward the $0.000041 all-time high.
The next surge could be fueled by the upcoming release of the Bonk ETP (exchange-traded product), which would be the first investment product launched by a meme coin. If this proves to be successful, it could pave the way for a Bonk ETF, which could cement meme coins as real investment vehicles instead of just hype-driven seasonal plays.
Cutoshi: Utility-Driven Meme Coin Revolution
Cutoshi wants to flip the script around meme coins being purely reliant on virality with little to no substance backing them. Inspired by the Lucky Cat from Chinese folklore, Cutoshi is taking the market by storm with its focus on privacy and decentralization.
The $CUTO DEX is at the center of the Cutoshi ecosystem and will provide seamless cross-chain transactions by bridging all major blockchains. Investors will be able to instantly swap between assets with only 0.25% fees. To sustain the platform, 80% of the fees will go toward liquidity providers, while the remaining 20% will be used for rewards and buybacks of the $CUTO token.
Cutoshi also offers a unique opportunity for users to earn additional income via the Cutoshi Farming initiative. Users who stake the $CUTO token and provide liquidity will reap generous rewards. On top of this, they will also be able to complete various tasks and missions which will yield points that can be redeemed for more $CUTO tokens.
One of Cutoshi’s flagship features is Cutoshi Academy. This is an educational platform aimed at making DeFi fun and approachable by lowering entry barriers and narrowing the knowledge gap. Beginner investors will be helped in navigating the intricacies of the crypto world and assisted in building profitable portfolios.
Cutoshi has a total supply of 44 million $CUTO tokens and 55% of these will be available for investors during the presale. The rest will be allocated for marketing purposes, listings, and farming. Moreover, a planned burn event will remove 7% of the total supply from circulation, promoting scarcity-driven growth.
Stage 1 of the Cutoshi presale is underway and $CUTO tokens sell for just $0.015. Unlike other established memes such as Bonk and Dogwifhat, Cutoshi offers real utility that makes the project future-proof and resilient against market turbulence. Analysts believe that Cutoshi’s hybrid approach that merges meme virality with DeFi could lead to incredible returns once the bull market is in full swing. This is why 100x predictions don’t sound too far-fetched.
Taking action today could lead to generational gains as the market cycle progresses. Don’t get left behind!
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