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The cryptocurrency market is still enduring a downtrend despite noticeable pumps in some altcoins, and this is largely because the altcoin market is breaking out of a 6-month long decline. This is especially true because Bitcoin and Ethereum are heavily consolidating.
For instance, Bitcoin’s price is volatile and is currently struggling to drive a positive influence in the broader altcoin market. As investors navigate through these volatile times, the search for better hedge options gets more intense.
With the presale market also being a huge spectacle in the crypto market for risk-averse and savvy investors, this new presale, Cutoshi (CUTO) is making waves as the next meme coin ready to knock out top meme coins like Bonk and Dogwifhat.
Cutoshi is starting to receive attention as a next level MemeFi hub, blending the allure of meme coins with the power of decentralized finance (DeFi). Inspired by the Chinese Lucky Cat, this unique MemeFi project aims to bring luck, prosperity, and success to your digital asset portfolio.
In the same light, Cutoshi has adopted Satoshi Nakamoto’s ideals, by championing ultimate decentralization, privacy, and monetary freedom. All of these are efficiently thought through in its community-based ecosystem. Meanwhile, the main selling point and the heart of Cutoshi’s ecosystem is its multi-chain decentralized exchange (DEX).
On Cutoshi DEX, users can swap assets across different blockchains in a secure and private platform while saving time and money. With a token farming mechanism, an educational academy, and loads of community rewards like NFTs and Merch, Cutoshi represents a lucrative meme coin for investors who want to gradually increase their wealth.
These impressive innovations have set Cutoshi apart as one of the meme-based crypto presales poised to experience a 100,000% surge when it lists on CEX and DEX platforms. Its native $CUTO token which is currently selling out in its presale has a deflationary nature, which could further fast-track this prediction. With a deflationary supply, $CUTO is set to surge in demand and value due to scarcity.
This utility token has grown impressively from its first stage presale down to its second presale stage. From selling at a launch price of $0.015 and accumulating over $400K after a couple of weeks, $CUTO had jumped by 46.67% to a new price of $0.022 in the second presale stage. What’s more interesting is that Cutoshi has nearly pulled $500K on moving to its second presale stage.
In lieu of its surging presale progress, investors are flooding Cutoshi’s presale, holding on to its projections of surpassing all other Solana meme coins and even top meme coins like Shiba Inu and Dogecoin.
With its solid DeFi foundation, it’s not hard to see how Cutoshi can leverage its volatile nature as a meme coin to price up significantly. The $1 road is not unlikely for Cutoshi this year, and the new meme coin might get to this mark sooner, if the altcoin market keeps pricing back up from its downward spiral.
Aside from the high possibility of this meme coin’s volatility taking it to $1 this year, Cutoshi’s effort to root itself in the DeFi space while taking a more sustainable approach to meme coin is a key driver for its unprecedented growth in its token’s value.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
