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Cryptocurrency News Articles
BONK Price To $0.0000278? Cutoshi (CUTO) Offers Longevity And Utility
Oct 09, 2024 at 02:00 pm
The Solana memecoins kept SOL up for most of the year, preventing the token from dipping to crucial support levels.
Solana memecoins have largely kept SOL afloat this year, preventing the token from dipping to crucial support levels. Among the tokens in the Solana ecosystem, Bonk (BONK) has stood out, and traders have been paying attention to BONK despite it currently being in the red. In what remains of the year, Cutoshi (CUTO) may have to compete with BONK for traders' attention as the token's presale demand seems to be rising.
BONK Price To $0.0000278?
Bearish traders have, for now, gotten the better of BONK as their influence on the token has brought its price down. Again, it's more the generally bearish market at work than simply individual bears and the BONK price could be back up when the altcoin rally starts.
Some analysts believe the BONK price has to get to the $0.0000275 mark before any serious bullish price action can occur. That's where the bears could lose their hold on the token, leaving Bonk (BONK) to hit new highs.
But getting there could be a little problematic. BONK, like other Solana meme coins, is not positively correlated with Bitcoin’s price, so it's really up to the bulls to get it back on track.
Past The Meme Hype: Cutoshi Offers Utility And Longevity
Not many memes manage to strike a balance between being fun and having staying power, as most of them get lost in their laid-back protocols. In turn, the perception of meme tokens is that they are hyped up with little use cases.
That's not too far from the truth, and Cutoshi (CUTO) is looking to change that narrative. While there's plenty of meme culture in the ecosystem, especially since CUTO tokes provide a blend between the Chinese culture and Satoshi Nakamoto’s blockchain philosophy, Cutoshi offers its users—and the rest of the crypto market—its DeFi feature, Cutoshi DEX, and rewards like NFTs for a more well-rounded crypto experience.
There are ongoing quests where users can farm even more CUTO, and the NFTs are a form of complementary gifts from the platform to the most active members. There's also a burn protocol, taking up to 7% of the total token supply, that ensures the CUTO price is always in the green.
Cutoshi Presale And The BONK Recovery
2024 ROI may be coming down to Bonk (BONK) and CUTO, and everyone knows how meme coins play. With its compelling features, good luck charm, and deflationary measures in place, analysts are projecting a 100x surge for Cutoshi (CUTO).
CUTO is currently trading at $0.015 in Stage 1 of its presale, and investors are already anticipating presale and post-launch gains.
For more info on the Cutoshi (CUTO) Presale:
https://cutoshi.com/
Join and become a community member:
https://twitter.com/CutoshiToken
https://t.me/cutoshi
Disclaimer:info@kdj.com
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