Dogecoin, Tron, and the Rise of Cutoshi: A Crypto Update

At this point, it would be surprising for Dogecoin (DOGE) not to reach $1 and beyond. The meme coin king continues to dominate the space as it cemented itself as a legitimate asset in the broader market. With that being said, there are other altcoins that could surpass Dogecoin in terms of ROI. While Tron (TRX) is an obvious example, a new arrival, Cutoshi (CUTO), could soon take the spotlight.

When Donald Trump won the US presidency in early November, Dogecoin stunned the market with a triple-digit rally that saw its price multiply in the span of a few days. However, shortly after, Dogecoin began stalling as its momentum waned and selling pressure increased. After peaking at $0.47 Dogecoin (DOGE) entered a narrow trading channel with its price fluctuating around the $0.40 mark.

Tron (TRX) has been in up-only mode since bottoming out in 2022. In late 2024, Tron entered escape velocity as it tore through major resistance levels with ease and reached a new all-time high for the first time since 2018. However, after tagging the $0.42 peak, Tron’s price started to decline as bears stepped in. At press time, Tron trades at $0.28 following a 6.1% intraday decrease which was accompanied by an 18.8% decline in 24-hour volume, with roughly $1.88 billion worth of TRX traded across exchange platforms.

Cutoshi is already making waves with its hybrid framework that merges meme lore with DeFi functionality, creating the first-ever MemeFi ecosystem. The project is centered around CUTO DEX, a cross-chain, fully private, decentralized exchange that could soon give established protocols like Uniswap or Rayidium, a run for their money. Investors will be able to perform lightning-fast transactions on all major blockchains at some of the lowest fees on the market.