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Cutoshi: The New Memefi Token in the DeFi Ecosystem
Savvy traders and investors in the DeFi market are starting to eye a new memecoin project making waves in the presale market. With a MemeFi initiative, this new token, Cutoshi (CUTO), is set to attract the attention of institutional investors with its focus on core DeFi practices.
Experts are forecasting progressive growth for this memecoin, and large investors from Shiba Inu (SHIB) and Toncoin (TON) networks are taking note. Some are already investing in the token during its ongoing presale.
Cutoshi: A Memefi Token with a DeFi-Based Ecosystem
Cutoshi is a presale cryptocurrency currently raising eyebrows due to its unique application in both the DeFi and memecoin markets. Inspired by the Lucky Cats of Chinese and Japanese legend, Cutoshi aims to bring prosperity, wealth, and progress to the blockchain space. Furthermore, Cutoshi champions DeFi values such as decentralization, monetary freedom, and privacy.
At its core, this MemeFi platform offers a decentralized exchange (DEX) that allows users to swiftly buy and swap cryptocurrencies across multiple blockchains, with low fees. There is also a farming mechanism where users can complete tasks and quests to earn additional CUTO tokens.
As a DeFi hub, Cutoshi simplifies DeFi for newcomers by teaching essential skills like asset management, trading, and other DeFi knowledge in its Learning Academy. Cutoshi has allocated over 80% of its 440 million token supply to reward users while 7% has been set to follow a buy and burn mechanism, which will further increase the demand and value of CUTO tokens.
Its native token is already selling at an ample price of $0.015 in its first presale stage. However, with analysts predicting a 100x growth for this memecoin, Cutoshi is poised to contend with the likes of Dogecoin (DOGE) and Shiba Inu, whose networks hold no significant utility.
Toncoin Price Shows Signs of Reviving Above Its Lasting Dip Below $6
In late August, Toncoin’s price fell below $6 and has struggled to rise above this mark since. Although the token made an impressive price move to $5.8 in mid-September, it has sustained another crash to lower levels.
However, considering its trajectory in the past month, TON price seems to be consolidating and getting ready to surpass its $6 crucial mark.
In the wake of the next bull run, Toncoin’s price is poised to surpass this price mark and eventually touch its peak price for the year, at $8.1. Overall, the price of Toncoin is expected to build more momentum from its surging network activity, which just spiked by 27.54%, according to recent data.
Shiba Inu Token Maintains Positive Sentiment Despite Previous Decline
In the last week of September, Shiba Inu experienced a dramatic spike that elevated SHIB price by over 80% to a brief peak at $0.00002132. However, with a drastic fall below $0.000018, the native SHIB token lost momentum and ended September with only a 24% gain.
As Shiba Inu’s price attempts to meet up with its previous highs, the canine-themed token has now risen by over 8% in the past week, battling bearish pressure along the way. While most SHIB token holders remain optimistic, some investors are diversifying with other stable meme coin alternatives like Cutoshi.
Can Cutoshi Surpass Shiba Inu This Q4?
As a MemeFi-based platform with extensive DeFi market attributes, Cutoshi stands a greater chance of achieving unpredictable gains in this Q4 than Shiba Inu. Cutoshi, being a presale memecoin, also has a significant role to play in its progress against Shiba Inu.
For more information, visit the official CUTO website or join the community on social media platforms.
Disclosure: This content is provided by a third party. Users must do their own research before taking any actions related to the company.
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