Cutoshi gains ground as meme coin of the year

Despite a recent 15% price increase for Bonk, Cutoshi’s strong start suggests it may surpass its rivals in the near future.

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Cutoshi, a new meme coin, has gained significant attention during its presale phase. Its unique DeFi integration and focus on decentralised finance principles have attracted interest from large investors, or ‘whales,’ who are shifting focus from established tokens like Ethereum and Bonk. With features such as a multi-chain decentralised exchange and a deflationary buyback mechanism, Cutoshi has positioned itself as a potential top performer in the meme coin space.

Currently selling for $0.015, Cutoshi is set to rise to $0.022 in the presale, offering early investors a 46.66% return. While Ethereum has seen outflows from its ETF market and Bonk has struggled to regain momentum, Cutoshi’s utility-driven platform stands out. Inspired by the Chinese Lucky Cat, it aims to boost DeFi participation globally, offering users the ability to earn rewards through its platform.

As Bonk continues to consolidate, Cutoshi’s growing utility and investor interest suggest it may outpace its rivals in the long run. Although Bonk showed a recent weekly price increase of 15%, Cutoshi’s strong start indicates it could surpass Bonk next year.