Earning Potential in 2024 and Rise of a New DeFi Contender

The last quarter of 2024 looks promising for the cryptocurrency market, with Dogecoin and Shiba Inu soaring, while the emerging Cutoshi leads the charge for a possible bull run.

The last quarter of 2024 is expected to be promising for the cryptocurrency market. Many tokens have started to gain and are rising on the price charts.

Investors are watching Dogecoin, Shiba Inu and cutoshi for a major bull run. While these three memecoins have shown growth potential, Cutoshi, a recently launched MemeFi ecosystem, is taking the lead.

Its innovative business roadmap and growth projection have made it the most popular utility memecoin on the market. It has become a serious challenger to the market dominance of Dogecoin and Shiba Inu and will surpass them in 2024, according to analysts' opinions.

Dogecoin miners reduce selling pressure

Currently, the Dogecoin community is optimistic about the growth of memecoin, with selling pressure on DOGE from miners reducing.

According to the data, miners have accumulated around 280 million Dogecoin tokens in the last 50 days. At the time of writing, these DOGE tokens are worth approximately $25 million. Experts believe that such an accumulation is indicative of miners' confidence in the stability and future value of Dogecoin.

Meanwhile, the trading price of DOGE tokens has increased by more than 4% in the last seven days and currently stands at $0.11.

Shiba Inu profitability increases

Shiba Inu has been witnessing positive developments for many weeks. This has resulted in an increase in its price. In the last seven days, the market price of the Shiba Inu has increased by around 12%.

Currently, one SHIB token is available for $0.000016. This momentum has significantly improved the profitability of SHIB holders. According to the latest data, around 49% of Shiba Inu investors are currently in the money.

Experts believe it could grow even more in the coming weeks because 73% of SHIB tokens are currently held by whales. Therefore, if they continue to hold their holdings, they will support the price movement of memecoin.

Cutoshi redefines the memecoin industry

There is no doubt that memecoins can offer a good cryptocurrency investment option; Most memecoins (even big ones like Dogecoin and Shiba Inu) are famous for being very volatile, which is due to the lack of tangibility in the real world. To address this problem, Cutoshi has entered the blockchain arena.

It is a new memecoin, inspired by the Chinese Lucky Cat, and provides utility to facilitate the DeFi elements of the platform. The project ecosystem has several essential tools for users to grow and make profitable decisions. These tools included Cutoshi DEX, Cutoshi Farming, Cutoshi Academy, Cutoshi nft, and Cutoshi Merch.

Its multi-chain decentralized exchange (DEX) allows people to trade their cryptocurrencies directly between other blockchains. With Cutoshi farming, users can participate in various interesting activities and quests. Users can complete missions and accumulate Cutopoints, which can be exchanged for CUTO tokens, prizes or other rewards.

All these notable features have made Cutoshi the hottest new DeFi coin. Understandably, there is a high demand for CUTO, the platform's native token.

The Cutoshi pre-sale round has begun. Currently, one CUTO token is available for $0.015, but is expected to jump to $0.22 soon. Experts believe that the value of the project may soon be multiplied by 100.

For more information on Cutoshi (CUTO) pre-sale, please visit the website: https://cutoshi.com/

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