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Solana Leads Meme Coin Launches, Ethereum Catches Up

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a day ago

The crypto market is filled with opportunities, and Solana has taken over the new coin launch market. Amid Solana's meme coin rise, Ethereum could catch up thanks to a new meme coin, Cutoshi.

Solana Dominates New Token Launches

New meme coin launches are booming across the Solana blockchain. Thanks to user-friendly platforms, anyone—from developers to celebrities—can launch a token. Solana accounts for 87% of all new tokens launched since September due to fast transactions and low fees.

Vitalik Buterin Proposes Staking Changes

Ethereum co-founder Vitalik Buterin suggested lowering the minimum deposit for staking, currently set at 32 ETH, to broaden participation and aid decentralization.

“The current threshold of 32 ETH is too high and prevents many people from participating in staking.”Vitalik Buterin

Cutoshi as the New Ethereum Meme Coin

Cutoshi, inspired by Satoshi Nakamoto’s vision and the Chinese Lucky Cat, promises wealth and fortune to its holders. The platform includes a decentralized exchange and educational platform, Cutoshi Academy. Investors are enticed by farming models offering rewards in CUTO tokens and NFTs.

Solana has taken the lead in new coin launches, but with Cutoshi, Ethereum might attract investor interest again.

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