Cutoshi has been making headlines recently and for good reason. Early presale buyers are already sitting on gains of over 100%, with the token price climbing through each stage. But the big question isn’t how far it’s come – it’s how far it could still go.
Cutoshi’s Presale Progress – A Quick Recap
The presale for $CUTO has been pretty remarkable so far.
Cutoshi launched approximately one month ago, with tokens first launched at $0.015 to reward early backers with a steep discount.
The price has risen with each stage and $CUTO is now for sale at $0.031, doubling the returns for those who got in early. The presale is now in stage four and even those who got in on stage three are up by a 19% profit right now.
The presale has 10 stages in total and so far the Cutoshi project has raised a total of $1,292,416 since the beginning of November.
It’s at this point that things could get really exciting in terms of price action, but first let’s consider what’s making Cutoshi do so well, in order to correctly estimate future gains.
For context, projects like PEPE and Shiba Inu once saw early adopters secure similar multipliers – but what sets Cutoshi apart is its blend of meme appeal and real utility.
Why Is Cutoshi Doing So Well?
- Meme + Utility = MemeFi
Memes and meme coins come and go, so that’s one of the reasons that Cutoshi is special. It’s a meme coin but with DeFi style utility. In fact, Cutoshi is building a whole ecosystem with the goal of making DeFi tasks like swapping, trading and bridging easier and cheaper.
Targeting the huge meme market widens the potential for new people to discover the benefits of DeFi in a fun and non-overwhelming way.
- Community Excitement
From meme competitions to viral campaigns, Cutoshi has cultivated a passionate community. Recent social media trends show increasing mentions, with #Cutoshi trending multiple times on X in November.
One of the ways Cutoshi is introducing people to DeFi topics is through their yield farming group quest. It’s like a token farming game except you actually get to keep the tokens you find! And the team has said that over 3500 people are taking part.
- Low Market Cap With High Potential
For those who know about the maths, you’ll know that the price isn’t the important thing in terms of growth, but rather the market cap. This shows how much the total of the token is worth and gives us a metric with which to compare Cutoshi with other coins.
Could $CUTO Realistically Achieve 2000% Gains?
Here’s the math: a 2000% gain from the current presale price would bring $CUTO to $0.62. Sounds reasonable, right? But now let’s check the market cap and see how it stacks up to coins like Doge, Shiba Inu, Pepe and DogWifHat.
Cutoshi’s token supply is fixed at 440,000,000. If we multiply that by the current price, we get $13,640,000. With the top meme coins boasting market caps in the billions, this is next to nothing.
Now what happens if we multiply that by 2000% we get $272,800,000. This is still only 272 million. If we look at the top four meme coins we can see that the biggest is DOGE at $62 billion, while the fourth on the list (WIF) is $3.3 billion and way down the overall crypto market cap list at number 50.
MemeFi With A Mission
Cutoshi is proving itself as a meme coin with a vision and a plan, something that can promote the possibility of long-term growth, just like DOGE, SHIB and PEPE have seen.
A 2000% gain from here is a market cap of $272 million; this seems highly achievable and possibly conservative, given the math and bullish factors above.
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