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Cryptocurrency News Articles
Cutoshi: A New Crypto Project Inspired by the Traditional Chinese Lucky Cat
Oct 07, 2024 at 05:15 pm
Cutoshi is a project on a mission to revolutionize the DeFi space using its multichain decentralized exchange.
DeFi adoption has surged in recent months thanks to its varied applications in financial services. Unlike traditional finance, DeFi eliminates the need for third-party involvement, ensuring faster transaction processing. According to CoinMarketCap, DeFi coins' market cap increased by over 67% in the past 24 hours, indicating strong investor interest in the niche.
Cutoshi is a project aiming to revolutionize the DeFi space with its multichain decentralized exchange. Unlike CEX exchanges, Cutoshi DEX enables seamless cross-chain asset swapping while ensuring the privacy and security of investors' assets. With its unique ecosystem features, Cutoshi presale has attracted attention in the market as investors anticipate 100x rallies in the future.
Cutoshi is a new crypto project inspired by the traditional Chinese Lucky Cat. People placed the Lucky Cat in their homes to maximize its lucky powers. Cutoshi is set to bring the Lucky Cat to the blockchain by developing a platform that will offer investors wealth, luck and prosperity to their digital assets.
Cutoshi’s goal is to integrate the original visions of legendary Bitcoin Founder Satoshi Nakamoto for blockchain technology, which are decentralization, privacy, and financial freedom. By combining the Lucky Cat with these visions, Cutoshi is creating a platform where investors will have full control and power over their digital assets.
Cutoshi is a tribute to decentralized finance, following the core principles of Satoshi Nakamoto. The main aim of Cutoshi is to bring DeFi to the masses through the power of memes and the powerful Cutoshi ecosystem, designed to ensure DeFi participation through active engagement in the ecosystem.
The Cutoshi ecosystem comprises powerful tools and features, such as a multichain decentralized exchange that offers cross-chain transactions. Another tool is Cutoshi farming, in which investors are rewarded for their active participation in quests and community events.
To help investors understand how the ecosystem and cryptocurrency market work, Cutoshi is developing a university that will expose people to the nitty-gritty of the market. In the future, Cutoshi will launch the Cutoshi NFT, which will offer its growing armies NFTs and merchandise to help grow its brand. All these signal an ecosystem that is ready to help people build wealth in crypto.
Cutoshi Presale Token Backed for Major RallyThe Cutoshi ecosystem is powered by the CUTO token, a deflationary token with a burn-and-burn mechanism. The token is used for all transactions in the university and is also a means of distributing rewards, promotional offers, etc. According to the tokenomics, 7% of the total supply is allocated to burning events, farming (10%), marketing (10%), team (8%), and listing (10%).
Notably, Cutoshi has a limited supply of 440M which will keep the price in check in the coming months. At the ongoing stage 1 of the presale, CUTO, an ERC-20 token, is being sold for just $0.015. The growing interest among whales has seen the team raise over $285K in a short timeframe which could hit $1M in October.
Some analysts have compared the token to Dogwifhat which witnessed a massive rally on the listing and are forecasting the Cutoshi price to surge by 300% in presale and 1000% on listing. This makes Cutoshi a direct rival to Dogecoin and Shiba Inu. Overall, with 55% of the total supply representing 242M token allocated for presale, investors have limited time to capitalize on this rare gem.
For more information on the Cutoshi (CUTO) Presale:
https://cutoshi.com/
Join and become a community member:
https://twitter.com/CutoshiToken
https://t.me/cutoshi
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