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Kriptoteka > Market > DEX > Cutoshi’s Presale Soars After CMC Listing; Sui & DOGE Whales Join
DEX

Cutoshi’s Presale Soars After CMC Listing; Sui & DOGE Whales Join

marcel.mihalic@gmail.com
Last updated: October 24, 2024 9:47 am
By marcel.mihalic@gmail.com 4 Min Read
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Disclosure: This article is not intended as investment advice. The information and materials presented on this page are for educational purposes only.

Cutoshi’s recent appearance on CoinMarketCap has sparked heightened interest among Sui and Dogecoin whales, leading to a surge in the presale pool and analysts forecasting a possible 10x increase.

With a booming investment pool as Sui and Dogecoin whales flock to participate in the presale excitement, Cutoshi’s new listing on CoinMarketCap has generated significant attention.

Influenced by the Chinese Lucky Cat and the groundbreaking ideas of Satoshi Nakamoto, Cutoshi breaks free from the typical meme coin narrative. Could Cutoshi’s innovative strategy for community-driven governance and its limited token supply open doors for substantial profits? Analysts are predicting a potential 10x surge after the presale.

Cutoshi aims to fuse meme culture with DeFi

Cutoshi stands out as a revolutionary project that marries utility with humor. Drawing inspiration from the Chinese Lucky Cat, which is thought to bring prosperity and fortune, Cutoshi also upholds the principles set forth by Bitcoin’s creator, Satoshi Nakamoto.

The ecosystem of Cutoshi provides a multi-chain decentralized exchange (DEX) that simplifies token swapping, offers farming options that reward engaged community members through quests and point collection, and features an academy geared towards educating enthusiasts about blockchain technology.

Now is the perfect time for investors to acquire CUTO tokens before a price increase, as they are currently available for just $0.022 in the second stage of the presale.

Sui price chart analysis

The Sui coin has been capturing attention in the crypto market; while its price has seen a slight decline this month, it remains one of the top-performing altcoins. Sui reached a peak of approximately $2.35 on October 14th before falling back to just above the $2 mark. A close look at the price chart reveals the emergence of a classic cup and handle pattern.

Cutoshi's investor pool skyrockets after listing on CMC; Sui, DOGE whales join presale - 1

Source: TradingView

This promising development suggests that the cryptocurrency is poised for an upward movement after a prolonged downturn. The rounded bottom of the cup signifies a shift from bearish to bullish sentiment, indicating a period of consolidation leading to potential growth.

The price has successfully breached a significant resistance level, marked by the previous all-time high, thereby enhancing Sui’s positive outlook. Additionally, the declining trendline that had restricted upward movements has been broken, demonstrating a favorable change in momentum. Sui’s price action has retraced to the resistance zone post-breakthrough, which has now turned into support.

Dogecoin token experiences renewed buying pressure

The Dogecoin token has been making headlines recently, not only for its impressive price performance but also for the intriguing whale activities occurring behind the scenes. According to data from IntoTheBlock, net inflows into wallets holding at least 0.1% of the total Dogecoin supply have surged by an astounding 899% in recent times.

After accounting for coins traded, this remarkable increase has elevated the total amount of Dogecoin purchased by whales—approximately valued at $63 million—to 527.3 million DOGE. This trend indicates growing interest from significant holders.

Cutoshi's investor pool skyrockets after listing on CMC; Sui, DOGE whales join presale - 2

Source: IntoTheBlock

With nearly 1.17 billion DOGE entering wallets, significantly outpacing the 640.1 million DOGE exiting, whales are clearly exhibiting an accumulating trend. This build-up coincides with an approximately 20% rise in Dogecoin’s price since the week began, suggesting further confidence in its growing momentum.

Dogecoin and Sui whales participate in the Cutoshi presale

For more details on the Cutoshi presale, visit the website: https://cutoshi.com/

Become part of the community: https://twitter.com/CutoshiToken, https://t.me/cutoshi

Disclosure: This content is sourced from a third party. Crypto.news does not endorse any products mentioned on this page. Users are encouraged to conduct their own research before making any decisions related to the company.

Contents
Cutoshi aims to fuse meme culture with DeFiSui price chart analysisDogecoin token experiences renewed buying pressureDogecoin and Sui whales participate in the Cutoshi presale

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