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Cutoshi, a hybrid DeFi and meme coin, is gaining traction and nearing a sellout in its third presale stage.
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Hybrid DeFi and meme coin Cutoshi (CUTO) has been on a tear recently and is on the verge of selling out of the third stage of the presale. The mixture of meme and DeFi ecosystem makes it a coin that has the potential for long-term sustainability, like Shiba Inu. How high could Cutoshi go and can it reach $1?
How to work out how high a coin could go
Many people tease that Shiba Inu (SHIB) could reach $1, but that’s highly unlikely because the coin is already worth so much.
Step 1 – Find out the market cap
Take the current price of a token and multiply it by the total supply of coins – that will give you current market cap.
For Shiba Inu, that’s $0.00002591 x 589,258,953,249,304, which equals $15,357,557,015
For Cutoshi, that’s $0.0259 x 440,000,000, which equals $11,396,000.
Step 2 – Find out the percentage difference
We need the difference between the price now and what is wanted or hope it to be.
Let’s use a percentage calculator for this:
SHIB – 3,859,410%
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Author: Guest Post
