With fresh appeal and market presence, Dogwifhat, Sui, and Cutoshi have intrigued crypto investors. Each coin’s approach – from Dogwifhat’s humor and charm to Sui’s gaming focus and Cutoshi’s unique spin on DeFi – aims to capture a spot in the growing meme coin trend. Early holders have already seen significant gains, while the potential for future returns keeps these tokens on many watchlists.
Although Dogwifhat might be the most stylish of crypto meme dogs, the website is unpretentious, reminding people that Dogwifhat is not a movement or a technological advancement, but instead is ‘literally just a dog wif a hat’.
Nevertheless, often sheer cuteness and novelty is what pushes a meme and meme coin to success. (And in this case tons of funny videos of the Dogwifhat in various forms of attire),
The question is how much steam does the meme still have? Dogwifhat has been an unquestionable success for early holders, who are now up by as much as 154,480%. But those who bought in the last month, have experienced a painful 50% loss.
However it’s not all bad, as Dogwifhat has shown an impressive trading volume of over $490 million throughout the downturn. The coin’s resilience above key support levels and a recent trendline break may be signaling the potential for upward momentum, though Dogwifhat’s ultimate direction remains to be seen.
AMBcrypto’s analysts point out WIF’s high levels of trading activity, suggesting continued interest, and hinting at a possible move into a “meme coin supercycle” in the near future.
Sui is a non-EVM compatible blockchain that has decided to make gaming one of the main focuses of their development.
Much like Solana’s Saga Phone, Sui is using their super fast blockchain to power a handheld gaming console. It will be able to connect seamlessly with Steam and play various games from AAA to web3-based.
SuiPlay0x1’s promo video promises rewards and perks with the consoles, which are currently on pre order. Sui isn’t as culturally popular as Solana (yet?) but it could be that the perks and rewards include a highly profitable airdrop, just as Solana Saga Phone owners received, boosting the chain dramatically.
And more than that, Sui is positioning itself as the first to integrate web3 gaming as a normal part of a larger gaming world. Since web3 gaming could be one of the next biggest sectors to blow up and encourage the mainstream adoption of crypto, SUI could be a great long-term hold.
Sui has outperformed many other high-cap blockchains this year, yielding gains of 303%.
Whilst most Dogwifhat and SUI investors are banking on future price rallies, they are also looking for new places where they can be as early as possible. To maximize the potential gains.
And that may be why the new presale project Cutoshi is getting so much attention. Especially after it has just raised over $580,000 in a few weeks.
Like Sui, Cutoshi is trying to combine serious topics with a fun environment, although in a different way. Cutoshi is part meme coin, with the mascot based on the Chinese Lucky Cat, with the idea to bring prosperity to their holders. The website is full of cute pixel art, but also a detailed roadmap that reveals their deeper ambitions.
Essentially Cutoshi is looking to represent ‘MemeFi’ – putting together meme culture and community with decentralized finance.
The keystone is a decentralized exchange which will be cross-chain, simplifying the process of swaps and bridging. It will also offer staking and yield farming opportunities through liquidity providing.
Cutoshi realizes that not everyone knows how to or what the implications of liquid providing and other DeFi activities are, so they are putting together a Learning Academy to teach people in a playful but informative way.
Cutoshi, which was recently listed on CoinMaketCap, is in stage 2 of its presale, up 49% from stage 1. Though the exact listing price is not yet known, the hype is building. And so this small-cap coin could have the potential to bring the kinds of returns seen by meme coins and blockchains like Dogwifhat and Sui.
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Source: https://www.crypto-news-flash.com/cryptocurrency-giants-eye-massive-returns-with-dogwifhat-sui-and-cutoshi/?utm_source=rss&utm_medium=rss&utm_campaign=cryptocurrency-giants-eye-massive-returns-with-dogwifhat-sui-and-cutoshi