Tracking whale wallets can often lead to goldmines and with the meme season in full swing, it is never a bad idea to keep an eye on the on-chain activity of large wallets. Big accounts are always on the lookout for the next undervalued gem that could multiply their capital at the peak of the bull run.
A Dogecoin (DOGE) whale has started rotating profits into a few memes flying under the radar, the most interesting of which appears to be newcomer Cutoshi (CUTO). This is a meme coin like no other, as it leverages a complex DeFi ecosystem coupled with a revolutionary mechanism that rewards proactive holders.
Dogecoin Makes Waves In Sweden As Breakout Looms
Dogecoin (DOGE) has unapologetically taken the spotlight, affirming itself yet again as the one and only meme king with a staggering $64.5 billion in market cap. Over the last month alone, Dogecoin surged by nearly 200% and peaked at $0.47. This level, however, became a tough resistance that Dogecoin failed to overcome as the price retraced. Today, Dogecoin trades at $0.44 following a 3.5% intraday decrease and an 18.8% drop in trading volume, with about $7.7 billion worth of DOGE traded on exchanges in the last 24 hours.
Despite the short-term slump, the Dogecoin community is more bullish than ever. On X, Trader Tardigrade shared a chart reading detailing Dogecoin’s movements within an ascending channel. Right now Dogecoin is tapping into a high-liquidity zone and once reaccumulation is complete, the reversal could start at any time, with the next major target being the $1 milestone.
Speaking of milestones, just the other day, Dogecoin made its debut on the Swedish Stock Exchange in the form of an exchange-traded Product (ETP). This show of confidence only cements Dogecoin’s legitimacy as a viable store of value, allowing it to transcend once and for all the skepticism often associated with meme coins.
Institutional investors will be able to securely gain Dogecoin exposure and this rollout could potentially pave the way for a Dogecoin ETF in the near future.
Enter Cutoshi’s Viral Presale
Most meme coins have one major drawback: aside from being purely speculative assets, they have no real use case, which directly impacts their longevity. Cutoshi, sets itself apart from the competition with its non-custodial DeFi platform. On CUTO DEX, traders will be able to seamlessly swap across multiple blockchains at the lowest fees possible while simultaneously earning generous rewards through the Cutoshi Farming initiative.
Cutoshi cuts out the middleman and puts control back in the hands of investors. Moreover, no KYC will be necessary to join the exchange. With decentralization and privacy as the primary focus, Cutoshi echoes the teachings of legendary Bitcoin creator, Satoshi Nakamoto.
Cutoshi pays tribute to the Lucky Cat of Japanese folklore, which is said to bring fortune to businesses and households. To keep the tradition alive, Cutoshi brings good fortune to its rapidly growing community with incredible rewards and prizes.
Users will be able to earn substantial returns through multiple avenues. They can partake in special events and missions aimed at boosting Cutoshi’s online presence. For their efforts, they will be awarded CUTO points, which can be redeemed for more $CUTO once the token launches. Once staking is live, investors can start earning money on autopilot by putting their tokens to work and helping sustain the ecosystem.
Right now, the fourth stage of the $CUTO presale is seeing massive demand with over $1.32 million raised. Tokens are selling for just $0.31 and when taking into account all that Cutoshi has to offer, it’s easy to see how it could become one of the hottest meme coins in 2025 and outperform majors such as Dogecoin or Shiba Inu.
For more information on the Cutoshi (CUTO) Presale:
https://cutoshi.com/
Join and become a community member:
https://twitter.com/CutoshiToken
https://t.me/cutoshi