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Cryptocurrency News Articles
Cutoshi and Pepe Unchained: The New Presale Stars Expected to Follow PEPE's Success
Nov 06, 2024 at 04:00 pm
Pepe Coin’s price performance has been impressive since its inception in 2023 to become the third-largest meme coin by market capitalization.
Pepe Coin’s price performance has been impressive since its inception in 2023 to become the third-largest meme coin by market capitalization. Amid the wide-market rally, its market capitalization briefly reached the $4 billion milestone, then slipped by 5.04% to $3.79 billion. Moreover, its YTD chart recorded an over 699% spike, underscoring its growth potential.
Cutoshi and Pepe Unchained, on the other hand, are the freshest presale stars expected to follow PEPE’s success. Cutoshi, in particular, is rapidly gaining momentum with its unique MemeFi appeal. The Ethereum-based token has combined the fun of memes with the power of decentralization. This innovative feature has drawn considerable investor interest, raising nearly $700K in a matter of weeks.
Cutoshi’s Spooky Saving Event A Hit
Cutoshi has quickly gained ground in the broader cryptocurrency market, standing at the intersection of memes and DeFi. The key driver behind its bullish momentum is its recent developments, including its impressive presale performance, securing a CMC listing, and its spooky saving event, where investors get a 20% bonus on all deposits for a limited time. No wonder crypto whales are flocking to its presale to capitalize on this opportunity.
Essentially, the project combines the essence of the Lucky Cat with Satoshi Nakamoto’s ideals. It introduces a cutting-edge DeFi ecosystem with superior features, including a multichain DEX, which enables users to swap and trade crypto assets across multiple blockchains. Cutoshi’s Learning Academy will offer knowledge in DeFi and cryptocurrency, helping new investors achieve financial freedom.
Beyond this, Cutoshi will feature a farming mechanism that allows users to earn token rewards when they complete quests and participate in the project’s event. At the second stage of its presale campaign, CUTO tokens are available at $0.022, with over 88% of tokens already sold out. This is a 46% leap from its initial offering of $0.015. With the expectation of a price increase at each stage, now would be the optimal time to join the Cutoshi community for investors seeking exponential gains
Pepe Unchained Raises Over $24 Million in Presale
Pepe Unchained is another exciting project addressing key Ethereum-based meme token issues. It will introduce a Layer-2 network that will offer 100x faster transaction speeds, evading missed trading opportunities and profit losses for traders. The ecosystem will feature an instant bridging to Ethereum, a DEX, a chain explorer, and advanced analytics.
As such, the Pepe Unchained blockchain will allow traders to stay on the ETH network without experiencing the downsides, which could be handy for meme coin developers. Additionally, the project will introduce a “Pepe Frens with Benefits.” This developer grant program is intended to attract and reward developers who wish to build revolutionary projects on this Layer 2 network.
Notably, Pepe Unchained’s tokenomics are ambitious and centered around early adoption. About 70% of its token supply is available at presale and staking rewards. The project has already raised $23 million, a massive achievement. While more than 1.6 billion tokens have already been staked, Pepe Unchained still offers a 99% staking APY, allowing investors to double their holding in the long run
Pepe Coin Price Prediction: Could It Reach $0.00030 Soon?
Pepe token has witnessed an impressive rise in recent years, but the days for exponential returns appear to be behind. On-chain technical indicators suggest Pepe Coin is completing its initial wave 1 of 5. This suggests the meme coin could rally 6 to 7 times in USD terms by May 2025. Its Fibonacci levels are between 2.272 and 2.414, highlighting a potential resurgence in the next 9 months.
Previously, the PEPE token recovered some of its losses and could break out above the $0.000012 level. The driver behind this bullish momentum is its resilience to hold above the 1W MA50. Moreover, the start of its bullish leg is up. However, the token could experience a pullback towards the 1W MA50 in December, just like it did in its accumulation phase in December 2023.
Source: TradingView
Regarding Pepe Coin’s next target, its previous two bullish legs rose at least by +2,525% and reached the 1.618 Fibonacci extension, a higher high to a higher low. This would result in a more realistic target of around $0.00030.
The Best Token To Buy This Quarter
While Pepe Coin has shown impressive growth potential in the long term, Cutoshi, and Pepe Unchained represent intriguing alternatives for short-term gains. Their
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- Governance Tokens: Facilitating Fairness and Inclusivity in Decentralized Systems
- Nov 06, 2024 at 08:25 pm
- Governance tokens are pivotal in decentralized systems, enabling stakeholders to participate actively in decision-making processes. These tokens embody a shift from traditional governance models, where power often lies in the hands of a few, towards a more democratic and inclusive framework.