Layer-1 blockchain projects like Sui and Solana are demonstrating significant growth in the crypto world, while a new meme coin, Cutoshi, is quickly gaining traction amidst rising DeFi activities.

Successes of Sui and Solana blockchain projects

Layer-1 projects such as Sui are showing impressive growth, driven by an increase in daily active users, despite token sale allegations. The SUI price has already surged by over 9% weekly, indicating strong investor interest. Meanwhile, the Total Value Locked (TVL) in Solana's DeFi has surpassed $6 billion, reflecting a three-year consecutive increase.

Cutoshi: The New DeFi Meme Coin

Cutoshi (CUTO) aims to redefine the meme coin sector by blending DeFi tools with a meme-driven approach. At its core lies a multi-chain DEX and a learning academy providing comprehensive DeFi and blockchain courses.

Sui Token Sale Allegations

Sui Network faced allegations of massive token sales exceeding $400 million. However, Sui Foundation has denied such accusations, affirming that all token sales complied with prescribed regulations.

As Sui and Solana continue to be standout examples of successful crypto projects, newcomer Cutoshi is making strides to carve out its share in the meme coin market. Future changes in this sector of the crypto space promise to be exciting.