New meme projects like Cutoshi (CUTO) and BlockDAG (BDAG) are racing to the pinnacle of the crypto industry, with aims of joining giants like Shiba Inu (SHIB) at the top.
Cutoshi has garnered significant attention that could propel its price growth massively by the end of its presale, whilst BlockDAG’s hybrid protocol has seen it raise over 100 million in presale. Could these new projects overshadow the SHIB token for good?
Cutoshi (CUTO) Primed For $1 Valuation In The Coming Months As Momentum Grows
In a world where meme coins are just for fun, Cutoshi (CUTO) is one of the few meme projects that is setting higher standards with its strong utilities that will be valuable for the next generation of blockchain traders. That is because Cutoshi harbors utilities like a DEX exchange, yield farming, an educational academy, NFTs, a strong community, and more.
In the Cutoshi DEX, users will be able to swap assets seamlessly across multiple blockchains. Yield farming is an avenue to boost your portfolio by participating in quests, collecting points, and redeeming them for CUTO. The Cutoshi educational platform is another avenue to learn more about the DeFi and cryptocurrency markets.
All these combine to set Cutoshi on the path of mainstream blockchain. So far, the CUTO token is garnering momentum in presale, which could see it reach $1 in the coming months. The presale is also recording consistent adoption as investors look to position themselves in presale ahead of an oncoming growth in value for the token.
Having already raised over $500,000 in presale now might be the best time to buy the CUTO token for only $0.022. With the recent CoinMarketCap listing, the project’s popularity is expected to surge which could trigger high demand for CUTO tokens.
Shiba Inu (SHIB) Experience Significant Burn Rate, Could Trigger A Bullish Momentum
The latest statistics for Shiba Inu burn rate within the last 24 hours show over 27 million SHIB tokens have been burned. This represents an increase of about 6,750% in the burn rate when compared to the previous day.
Investors of the SHIB token are hopeful that the increase in burn rate could hedge against the 4% decline that the token suffered over the last 7 days, according to price stats. Shiba Inu’s market cap could also benefit from a consistent increase in the burn rate as it would ensure that the value maintains support above the $10 billion mark.
Shiba Inu remains one of the top meme coins in the crypto industry but will need a consistent rallying trajectory to keep new high-potential projects like Cutoshi from overshadowing it. However, popular analyst Javon Marks maintained his earlier $0.000081 target, having noticed a divergence pattern in the Shiba Inu chart which could signal a continuation of the bullish rally.
Source: Javon Marks on X
BlockDAG (BDAG) Surpasses $100 Million In Presale Funds As It Sets To Launch
In the latest development on the BlockDAG presale, the project has broken past the $100 million milestone for funds raised in presale. This is following a consistent growth in the momentum of BlockDAG’s presale and the project as a whole.
For context, the BlockDAG project is making an inroad into the crypto industry with its unique hybrid protocol that combines the features of traditional blockchain and Directed acyclic graphs (DAGs) system to facilitate speedy transaction process, high scalability and more to set higher standards in the blockchain use case.
The status of BlockDAG as a next-gen blockchain built for DeFi has seen its native token become one of the prime coins projected for massive growth while in presale.
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BlockDAG and Cutoshi are arguably the fastest-growing crypto projects in the market. Both could serve as good investment options, Although Cutoshi stands out with its high margin for growth and ROI potential, driven by the robust ecosystem with tools that will not only bring DeFi closer to the masses but also solve major issues people encounter in exchanges.
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