Whales in the crypto market are showing interest in an emerging altcoin called Cutoshi (CUTO) instead of Dogecoin (DOGE) or Cardano (ADA).
Dogecoin is currently facing price consolidation and has dropped over 12% from its recent peak.
Cardano experienced a significant rally but has slowed down in price growth and has seen a decrease in trading volume.
Cutoshi (CUTO) is challenging DOGE and ADA by combining the characteristics of a meme coin and utility token, offering unique features like a multi-chain DEX and token farming.