Price: $0.46288 17.7881%
Market Cap: 68B 2.029%
Volume (24h): 20.03B 0.5%
Dominance: 2.029%
Price: $0.46288 17.7881%
Market Cap: 68B 2.029%
Volume (24h): 20.03B 0.5%
Dominance: 2.029% 2.029%
  • Price: $0.46288 17.7881%
  • Market Cap: 68B 2.029%
  • Volume (24h): 20.03B 0.5%
  • Dominance: 2.029% 2.029%
  • Price: $0.46288 17.7881%
Home > Information news > DOGE market dominance tops 1%, Cutoshi’s DeFi ecosystem attracts investors as Kaspa plays catch up

DOGE market dominance tops 1%, Cutoshi’s DeFi ecosystem attracts investors as Kaspa plays catch up

Release: 2024/11/06 15:04 Reading: 769

Original author:crypto.news

Original source:https://coinmarketcap.com/community/articles/672b0f1d66cce4667f1b9762

DOGE market dominance tops 1%, Cutoshi’s DeFi ecosystem attracts investors as Kaspa plays catch up

Cutoshi Surges, Dogecoin Dominates, Kaspa Rebounds

Dogecoin (DOGE) has witnessed a market dominance rise over 1%, driven by a substantial 22% surge. Meanwhile, Cutoshi's DeFi ecosystem attracts investor interest, while Kaspa rebounds from a month-long consolidation.

Cutoshi Presale Gains Momentum

Ethereum-based Cutoshi has amassed over $680k in presale, positioning it as a prominent crypto project. Aligning with Satoshi Nakamoto's principles, Cutoshi incorporates a DeFi hub with a DEX platform for cross-chain transactions.

Its farming mechanism provides additional tokens, NFTs, and merchandise for participating in quests. The deflationary CUTO token ensures long-term growth through buyback and burn, potentially driving a 100x surge from its current price.

Cutoshi's DeFi learning hub aims to eradicate financial illiteracy, fueling its growth as a hybrid meme coin. With potential to surpass Dogecoin and Shiba Inu, CUTO is anticipated to reach a stage 2 sellout of 88%.

Dogecoin Dominance Resurges

Dogecoin has experienced over 60% growth in the past month, with a slight retracement to $0.167. Its bullish trajectory, with over 20% weekly increase, has pushed its market dominance above 1%.

Technical analysis suggests a strong buy signal, indicating a potential surge past its 6-month high.

Kaspa Price Rebounds

Kaspa has regained bullish momentum after a month-long decline. Although still in negative territory, the recent uptrend signals a possible breakout if current momentum continues.

Over the past year, KAS has seen a 130% increase. While bullish sentiment prevails, a CoinMarketCap community vote indicates a potential for a more moderate Q4. However, technical analysis suggests a strong sell, indicating a possible delay in bullish projections.

Cutoshi's Potential in Q4

Cutoshi's presale status and market appeal make it a contender to outperform Dogecoin and Kaspa in Q4. Its lucrative Halloween campaign offers a 20% discount bonus for a limited time.

For more information on the Cutoshi presale, visit the official website or join the community on Twitter and Telegram.

Selected Topics

  • Dogecoin whale activity
    Dogecoin whale activity
    Get the latest insights into Dogecoin whale activities with our comprehensive analysis. Discover trends, patterns, and the impact of these whales on the Dogecoin market. Stay informed with our expert analysis and stay ahead in your cryptocurrency journey.
  • Dogecoin Mining
    Dogecoin Mining
    Dogecoin mining is the process of adding new blocks of transactions to the Dogecoin blockchain. Miners are rewarded with new Dogecoin for their work. This topic provides articles related to Dogecoin mining, including how to mine Dogecoin, the best mining hardware and software, and the profitability of Dogecoin mining.
  • Spacex Starship Launch
    Spacex Starship Launch
    This topic provides articles related to SpaceX Starship launches, including launch dates, mission details, and launch status. Stay up to date on the latest SpaceX Starship launches with this informative and comprehensive resource.
  • King of Memes: Dogecoin
    King of Memes: Dogecoin
    This topic provides articles related to the most popular memes, including "The King of Memes: Dogecoin." Memecoin has become a dominant player in the crypto space. These digital assets are popular for a variety of reasons. They drive the most innovative aspects of blockchain.