Dogecoin Traders Bank Steady Profits Whilst Investing Aggressively Into Floki Inu And Cutoshi For Sharp Growth

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Early investors in legacy meme coins like Dogecoin (DOGE) understand the need to lock in from the early stage. Even with its 81% decline from its ATH, Dogecoin has managed to retain an overall price increase of nearly 24,000%. This growth paved the way for many exciting projects to follow.

On this backdrop, innovative top meme coins like Floki (FLOKI) and fast-rising presale star, Cutoshi (CUTO) have been on the receiving end of this growing interest. Meanwhile, Cutoshi particularly steals the spotlight because of its hybrid protocol set to disrupt the DeFi market. Let’s find out why.

Recent CMC Listing Further Exposes Cutoshi’s Diverse Market Appeal

Few weeks into its presale, Cutoshi (CUTO) has already established itself as a credible crypto project, raising well over $500K in accumulated funding. However, there is more to the crypto project. The Ethereum -based coin blends DeFi elements with meme coin entertainment to achieve a fully functional MemeFi hybrid protocol. Essentially, Cutoshi champions Bitcoin ’s core principles of decentralization, privacy and monetary freedom and blends this with meme coin virality.

These principles collectively serve as the foundation on which the Cutoshi ecosystem is built. As such, it offers intrinsic features, including a decentralized exchange (DEX) platform, a staking protocol, and a farming mechanism that allows participants to earn rewards in the form of the native $CUTO token alongside complementary NFTs and merch. Cutoshi also hosts an academy that aims to spread DeFi knowledge and eliminate crypto illiteracy.

In addition to Cutoshi being extremely self-sufficient, the $CUTO token adopts a burning mechanism that depletes its supply and boosts its value over time. Currently priced at $0.022 in the second presale phase, up by 46% from an initial price of $0.015, the $CUTO token is predicted to complete an 100,000% rally post-launch.

Dogecoin Token Makes Giant Strides Amidst Price Recovery

In a twist of event, Dogecoin (DOGE) has fully recovered from its month-long decline and is now headed towards its 7-months ATH of $0.22. As seen in the monthly chart below, DOGE price made a significant move in the upward direction after it was hit by a noticeable decline that forced it to trade as low as $0.10 earlier in the month.

This recovery not only highlights DOGE token’s resilience in the market but has also contributed to its year-to-date price recovery. With roughly 130% YTD increase pushing its price above $0.13, DOGE token is now almost half-way its recovery journey to retest the grounds above its 7-months ATH.

Meanwhile, Dogecoins token’s technical analysis further backs the current bullish sentiment considering its 20, 50, and 200-day moving averages points at a buy signal. This positive outlook, coupled with recent price ascent explains why 82% of nearly 16K Dogecoin community members on CoinMarketCap voted in favor of bullish sentiment.

Floki Token Exhibits Bullish Momentum As Its Approaches Midway In Price Recovery

Just like Dogecoin, Floki (FLOKI) is not left out of the noticeable upsurge in the crypto market. In its case, Floki has registered a noticeable increase of over 23% in the past month to trade above the $0.00015 levels. Although compared to its highest level of $0.00017 recorded earlier in the month, FLOKI price is yet to fully recover all its lost ground.

Currently trading within a weekly price range of $0.00013 and $0.00015 as seen in the above chart, FLOKI price reflects a weekly price increase of nearly 14% which marks a significant leap in its recovery phase. This noticeable increase also contributes to its over 750% YTD increase.

Although the native FLOKI token is still a distance away from reaching its 4-months ATH of $0.00032, token holders and analysts are still optimistic for another price break out this Q4. Meanwhile, their stance is also bolstered by FLOKI’s technical analysis whereas, most of its directional indexes point at a strong buy signal.

Can Cutoshi Deliver High Returns As Dogecoin And Floki?

Unlike Dogecoin, Floki has taken a different path to achieve self sustainability by introducing functional features that could drive engagement within its ecosystem. Meanwhile, Cutoshi adopts an even more lucrative approach by integrating DeFi elements from the onset.

This defined goal from the very beginning sets Cutoshi apart for early success, potentially outranking top meme coins like Dogecoin and Floki along the way.

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