BTC surpasses $100K; investors flock to new coins as ETH whale backs Cutoshi post-Memefi.
As BTC pushes past the long-awaited 100k mark, investors are searching the markets for the next coins to buy. After the Memefi project project, Cutoshi was trending on X, a big ETH whale made a substantial investment.
Smart Money Targets Low-Cap Coins for High ROI
Bitcoin is stealing the headlines again today, with the total crypto market cap up to $3.8T, a 123% increase since the start of the year. Bitcoin leads the way for digital assets, however, Ethereum is where the focus is going to be when altcoin season gets going.
Ethereum’s smart contracts make DeFi possible, in a way that Bitcoin was never intended to do. For many smart whales and investors, this presents a buying opportunity, as crypto’s second-biggest coin is unlikely to stay undervalued for long and the resulting gains will be bigger in percentage terms than coins that have already mooned.
That’s the logic behind the Ethereum whale, who just put $10k into Cutoshi. Pick a new but utility-packed coin that investors are talking about at a low market cap and wait as the price increases throughout the presale.
Cutoshi Trends Again in the US on X
Although Bitcoin is on the news today, yesterday the keyword “CUTOSHI” was in the top trending spots on X for several hours, making this the third time for the meme and DeFi coin, in the span of one month.
This achievement proves that the coin is gaining community attention, something helpful for any coin and essential for a project that is partly about memes.
The ERC-20 token and project is a great example of the power of Ethereum, mixing the fun of memes with the usefulness of DeFi.
Cutoshi Makes X Trending List for Third Time This Month
Cutoshi’s recent meme competition attracted a lot of investor attention; the coin also recently sold out of stage 3, going up by 20% and up by a total of 106% since the launch of the presale. For a coin that’s less than 2 months old, that’s impressive, and with six more stages to go before the coin launches on the Ethereum blockchain, there’s a lot more room for growth.
Cutoshi is inspired by the Chinese Lucky Cat, with a DeFi perspective. The project is introducing people to the concept of farming via quests, and their plans include a cross-chain DEX, a learning academy, NFTs for trading discounts and more.
Essentially, the idea is to make using DeFi as easy as possible for the beginner, while also offering advanced guidance for seasoned traders and a fair price with low slippage on swaps in the Cutoshi DEX.
With BTC at an all-time high, the future of the markets looks good. If Cutoshi keeps delivering on their roadmap, $10k in CUTO could end up as life-changing money.
