Crypto Analysts Favor Rising Meme Coin Cutoshi Over Kaspa and Near Protocol

Near Protocol, Kaspa, and Cutoshi are three projects actively standing out as leaders within today´s crypto market. Nevertheless, the launch of
Cutoshi
– a new project – remains startling even to long-time NEAR and KAS investors.
So, let’s find out what is making this new project so popular, and why investors believe that its value will skyrocket 100 times.
Daily Transactions on Near Protocol Improved
Due to the dominant market activity, Near Protocol has experienced an increase in its market value. The trading price of Near Protocol surged by over 7% in the last month. You can now get a NEAR token for only 4.44 dollars.
One of the main reasons for this increase has been a huge rise in trading volumes of Near Protocol. According to the data by CoinMarketCap, trading volumes have jumped over 90%. This comes as an evident result of increased buying activity and daily transactions.
Also, every day the number of new addresses is growing. In a month it has risen from 687k to 900k. The only scary truth about the future of Near Protocol is that the dApp activity decreased by a massive 54%.
Kaspa’s Trading Volume Surges
Kaspa ecosystem is getting a lot of new upgrades. Recent news from Coinglass shows that Kaspa trading volume rose by 14.21% over the past week. KAS is now doing its $60 million daily trading volume.
At the same time, its market cap is up 1.56% over $4 billion. Analysts said these numbers show an increase in demand for Kaspa.
This has resulted in an increase in its market value as well. The trading price of Kaspa is up 3% over the last seven days. Kaspa is currently trading at $0.17. KAS broke its all-time-high level of $0.20 in August, which has not been touched since then.
Another Milestone for Cutoshi Presale
Cutoshi is a high-level meme coin designed to combine ancient wisdom with today’s cuttingedge technology – blockchain. It seeks to offer the Chinese Lucky Cat some playful charm in order to allow users access to the DeFi landscape. This makes Cutoshi the luckiest meme coin time bomb on the blockchain. A meme coin that blends the best of both worlds – meme and DeFi.
Multi-chain
Cutoshi
Decentralized Exchange (DEX) is the most important part of the project for DeFi lovers. The project also features a number of other DeFi ingredients, including token farming, educational tools, and non-fungible tokens (NFTs).
The ecosystem from Cutoshi is one where users will have a rewarding and interactive experience. A unique feature – Cutoshi Farming – allows users to earn rewards by doing quests, collecting points, and redeeming their rewards. Cutoshi Merch is another interesting aspect of the project. The point is to bring some color to the scene, and provide trendy but also revenuegenerating options for their fans to show off their allegiance and passion, and to pay in CUTO.
CUTO will be the native cryptocurrency of the Cutoshi ecosystem. The token will feature built-in deflation that includes a buy-and-burn mechanism. This process enables the amount of tokens in circulation to reduce with time, and hence can make them more valuable.
CUTO users can buy tokens directly, or can earn by participating in specific Cutoshi activities. The Cutoshi presale round has been launched, and one token costs only $0.015. According to the project developers, a maximum of 440 million CUTO tokens will be issued, and about half of these will be sold during the presale period.
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
Tags:
KAS
NEAR