Why Floki Inu Coin Rise Will be Emulated By Emerging ETH Hybrid Cutoshi As Price Surges 46%

Since launching in July 2021, Floki Inu (FLOKI) has been expanding its network beyond what meme coins are typically known for. More recently, the Floki ecosystem gained more popularity for exploring other areas like domain services, play-to-earn NFT metaverse/marketplace, tokenization, and decentralized finance. 

This forward-thinking approach has inspired a lot of modern meme coin projects to do more from the get go. An example at hand is Cutoshi (CUTO), a fast-rising presale gem which also goes beyond the known normality for meme coins in creating an utility-backed MemeFi ecosystem. Having secured a listing on CoinMarketCap, coupled with a progressive presale, the Cutoshi ecosystem has drawn enormous attention lately.

Cutoshi Sets New Standard In The Meme Coin Market With Hybrid Protocol

The ongoing excitement around Cutoshi (CUTO) is not limited to its recent listing on CMC or its presale milestones which includes raising over $500K merely half-way through its second presale stage. The growing interest in Cutoshi particularly lies within its hybrid ecosystem. Essentially, the hybrid MemeFi protocol upholds Satoshi Nakamoto’s Bitcoin core principles of decentralization, monetary freedom and privacy.

These principles serve as the foundation of the Cutoshi ecosystem which houses a DeFi hub consisting of intrinsic features like a DEX platform, a staking protocol and farming mechanism. Besides having access to a fully functional Cutoshi DEX for multi-chain crypto exchanges, users can also explore Cutoshi farming for extra incentives. Cutoshi also includes an academy aimed at spreading DeFi knowledge to the masses. 

The native $CUTO token has deflationary measures in place to instill scarcity. The token serves as the primary mode of transactions within the Cutoshi ecosystem. Whilst it also facilitates governing processes and reward distribution, CUTO’s self-sustaining attribute sets it apart from its peers. This also explains the growing interest in the presale campaign where each $CUTO token is currently being sold at an ample price of $0.022.

Floki Coin Faces Extended Consolidation; Is A Bullish Q4 Possible?

Floki Inu (FLOKI) has been navigating an extended consolidation below the $0.00020 levels for more than two months now. Interestingly, this prolonged price fluctuation commenced shortly after FLOKI price hit its yearly peak of $0.00032 which was immediately followed by a noticeable decline to the levels below $0.00015 as seen in the year-to-date price chart below.

Although it had made several attempts to break out of the progressive consolidation, FLOKI price remained stuck between the $0.00011 and $0.00015 price levels. In the past week, FLOKI price has only gained by approximately 2% where it was trading slightly above its weekly entry price of $0.00014.

However, this modest increase further contributed to FLOKI coin’s monthly price gain of over 5%. Meanwhile, it remains uncertain if the current trend will persist throughout Q4, especially considering that the majority of FLOKI coin’s moving averages point at a sell signal. In any case, the Floki community remains optimistic as nearly 8K community members on CoinMarketCap voted in favor of a bullish trajectory. 

Can Cutoshi Outperform Floki Inu?

Both Floki and Cutoshi are pushing the boundaries as far as meme coin innovation is concerned. However, Floki is largely a work in progress as most of its recently added features, especially its DEX platform are still in the pipeline. 

In contrast, Cutoshi is starting out as a full-fledged MemeFi ecosystem, which implies that users will have access to all its services upon arrival. Consequently, Cutoshi has the potential to rise to the level of Floki and secure a major market share pending the completion of Floki ecosystem’s expansion.

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