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Cutoshi’s recent listing on CoinMarketCap has ignited a frenzy among Sui and Dogecoin whales, with the presale pool skyrocketing and analysts predicting a potential 10x rally.
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With its investment pool exploding as Sui and Dogecoin whales swarm to join the presale frenzy, Cutoshi’s new listing on CoinMarketCap has sparked a surge of interest.
Inspired by the Chinese Lucky Cat and Satoshi Nakamoto’s innovative ideas, Cutoshi breaks out from the conventional meme coin narrative. Will Cutoshi’s creative approach to community-driven governance and limited token supply cause the possibility for significant gains? Analysts anticipate a potential 10x rally post-presale.
Cutoshi to combine meme-culture with DeFi
Cutoshi is an innovative project that combines utility and memes. It fosters the concept of the Chinese Lucky Cat, which is believed to bring fortune and wealth to those who keep it in their homes. Cutoshi also promotes the teachings of Bitcoin founder Satoshi Nakamoto.
Cutoshi’s ecosystem offers a multi-chain DEX that makes it relatively easy to swap tokens, a farming feature that rewards active community members for participating in quests and collecting points, and an academy that teaches enthusiasts about blockchain technology.
Now is the ideal moment for investors to gather CUTO tokens before a price surge, as each token costs only $0.022 in stage 2 of the presale.
Sui price chart analysis
The Sui coin has been causing waves in the crypto space; although its price dropped somewhat this month, it still ranks among the top-performing alternative coins. The Sui coin peaked on October 14th at around $2.35 then dropped back to just above the $2 mark. Examining the Sui price chart closely finds a classic cup and handle pattern developing.
Source: TradingView
This positive indication implies that the cryptocurrency is ready for an upward surge following a protracted downslip. The cup’s rounded bottom shows a change in bearish to bullish attitude, therefore reflecting a period of consolidation ready for possible expansion.
The price has effectively passed a notable resistance level, defined by the past all-time high, therefore augmenting Sui’s positive view. Also broken, showing a positive change in momentum, is the declining trendline that once capped rising moves. Sui’s price movement has retested the resistance zone following this breakthrough, which has now reversed to support.
Dogecoin token sees renewed buying pressure
The Dogecoin token has been making news lately. This is not just for its amazing price performance but also for fascinating whale behavior behind the scenes. Data from IntoTheBlock reveals that recently, net inflows into wallets holding at least 0.1% of the total Dogecoin supply have soared by an amazing 899%.
After deducting coins traded, this huge rise has boosted the total quantity of Dogecoin bought by whales—roughly valued at $63 million—to 527.3 million DOGE. This shows increasing interest from big holders.
Source: IntoTheBlock
With almost 1.17 billion DOGE in inflows, far more than the 640.1 million DOGE withdrawals, whales clearly show an accumulating trend. This build-up matches an almost 20% increase in the Dogecoin price since the start of the week, implying even more confidence in the increasing momentum of Dogecoin.
Dogecoin and Sui whales join the Cutoshi presale
Whales from Sui and Dogecoin are swarming to Cutoshi’s presale, indicating that some of the most experienced crypto investors have taken an interest in this innovative coin. The limited supply of the cryptocurrency generates scarcity; yet, the momentum is indisputable since the CoinMarketCap listing. Early investors stand to perhaps reap large gains since CUTO is now $0.022 in its second stage of presale.
For more information on the Cutoshi presale, visit the website: https://cutoshi.com/
Join and become a community member: https://twitter.com/CutoshiToken, https://t.me/cutoshi
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This article first appeared at crypto.news