Cutoshi (CUTO) Presale Nears Sellout as Meme Coin Season Heats Up

October is heading towards an explosive finale as meme coins are surging, with Dogecoin (DOGE) and Shiba Inu (SHIB) leading the charge.

October is set for an explosive ending with meme coins leading the charge. Dogecoin (DOGE) and Shiba Inu (SHIB) are at the forefront, showing promising signs for further gains.

However, an underdog meme coin is making waves beneath the surface with its viral presale, prompting investors to rotate profits and secure an allocation. Cutoshi (CUTO) aims to disrupt both the meme coin and DeFi landscapes with its unique proposition.

Dogecoin Consolides Before Next Surge

Dogecoin is seen consolidating above $0.16, a key level that bulls failed to breach for months. After facing selling pressure just below the $0.18 mark, Dogecoin has retraced slightly and is currently trading at $0.165, showing a 1.4% decrease over the last 24 hours. On the weekly timeframe, however, things are looking bullish, with Dogecoin up nearly 20%.

Crypto analyst Ali Martinez anticipates a big move for Dogecoin in November. He shared a chart analysis showing a Dogecoin breakout from a descending trendline. If successful, Dogecoin could aim for the $0.22 yearly peak before the end of 2024, opening up the possibility for a sustained rally to the much-anticipated $1 target.

Shiba Inu Cooling Off After Surge

The $0.000020 level is proving to be a strong resistance for Shiba Inu bulls. Shiba Inu has recently retraced back into the current range, with the price hovering around $0.0000183. Over the last week, Shiba Inu has seen a 4.5% increase, supported by a massive surge in trading volume, which has skyrocketed from an average of $280 million to the current $689 million.

Whales are accumulating Shiba Inu, with nearly 4 trillion SHIB tokens being scooped up in the last 24 hours. Additionally, the Shiba Inu chart shows the 50-day and 200-day simple moving averages converging, which usually indicates the beginning of a bullish reversal.

Cutoshi Poised To Surprise In November

Cutoshi sits at the intersection of meme coins and DeFi. By combining the best of both worlds, Cutoshi sets itself apart from the typical meme coins that solely rely on hype to survive.

Cutoshi boasts an innovative cross-chain exchange that enables seamless transactions across multiple isolated blockchains for just 0.25% in fees. Liquidity providers will receive an 80% cut of these fees, while the remaining 20% will be reinvested in buybacks or token burns. This is significant as Cutoshi's native token, $CUTO, is deflationary by design, meaning that the continuous reduction of the total supply will prime it for sustained long-term growth.

Inspired by the legendary Chinese Lucky Cat, Cutoshi brings good fortune to its community through its unique reward system. Users are incentivized to engage with the ecosystem by completing fun missions and quests to spread the word about Cutoshi. Upon completion, they will receive cutopoints that can be later exchanged for $CUTO tokens. Furthermore, users can also stake $CUTO on the platform and receive recurring passive income.

To further amplify Cutoshi's online and offline presence, NFTs and merchandise will be dropping soon. Users will be able to rep their favorite meme coin and earn even more prizes while doing so.

Cutoshi also recognizes that meme coins often get a bad rep as they tend to become whale battlegrounds for pump-and-dump schemes. Hence, proving a project's legitimacy right off the bat is essential for gaining user trust. For this reason, Cutoshi has been fully audited by crypto security firm SolidProof, and just recently, $CUTO has been listed on CoinMarketCap.

Currently, the second stage of the $CUTO presale is selling out, having raised over $600,000 in funds so far. Tokens are up for grabs at just $0.022, and early buyers are already enjoying 46% gains. Considering all that Cutoshi brings to the table, it's not unrealistic to expect massive price multipliers like those pulled in the past by Dogecoin and Shiba Inu.

For more on the Cutoshi (CUTO) Presale:

https://cutoshi.com/

Join and become a community member:

https://twitter.com/CutoshiToken

https://t.me/cutoshi