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.

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