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Cryptocurrency News Articles

Cutoshi (CUTO) Presale Surpasses $1M Milestone, Can It Outpace Tron (TRX) Coin In This Bull Market?

Nov 23, 2024 at 03:00 pm

The Tron network has witnessed incredible growth in several areas, especially in its adoption, which has consequently led to higher fees. While increasing TRX prices is seen as a good thing by investors, higher fees could potentially make the Tron blockchain more expensive and less attractive. As such, the TRX team has announced its plans to slash its network fees by half through energy node adjustments.

Cutoshi (CUTO) Presale Surpasses $1M Milestone, Can It Outpace Tron (TRX) Coin In This Bull Market?

The Tron network has seen a lot of growth in several areas, especially in its adoption, which has led to higher fees. While increasing TRX prices is a good thing for investors, higher fees could make the Tron blockchain more expensive and less attractive. To address this, the TRX team has announced its plans to slash its network fees by half through energy node adjustments.

Meanwhile, the Cutoshi presale is gaining more traction after surpassing the $1M milestone. Its recent developments, including a CMC listing and the launch of its farming protocol, have made investors excited about the project.

Cutoshi (CUTO) Presale Surges Past $1M Milestone With CMC Listing, Farming Protocol Launch, and More

Cutoshi, a meme-inspired decentralized finance (DeFi) token, is making waves in the crypto world with its unique blend of entertainment and finance. As part of its mission to bridge the gap between memes and DeFi, Cutoshi is offering a wide range of innovative features and initiatives.

Its recent presale campaign has seen phenomenal success, with the platform announcing that it has already crossed the $1M milestone in stage three of its presale. This news comes hot on the heels of several major developments, including a CMC listing, the launch of its farming protocol, and a price increase from its initial offering.

Inspired by the conventional Chinese Lucky Cat and Satoshi Nakamoto's core principles, Cutoshi aims to create a fun and engaging experience for its community. Its token farming protocol will reward users for participating in quests and challenges, while its multichain DEX will allow users to trade and swap their crypto assets seamlessly across multiple blockchains.

Cutoshi also boasts a learning academy that will provide educational material regarding DeFi and cryptocurrency, helping new investors navigate their way toward financial freedom.

As the DeFi market is expected to reach USD 231.19 billion by 2030, Cutoshi, with its cutting-edge DeFi functionality, could capitalize on this growth metric. Stay tuned to Benzinga Crypto for more updates on Cutoshi's (CUTO) presale campaign and its market performance.

Tron Gains Momentum In The Market

The Tron network has experienced remarkable growth, with TRX seeing a rise in transactions and daily active addresses over the past week. On-chain metrics indicate that the price of Tron coin is still at a good entry point as the bulls fight to push its value higher in the last few days. Notably, TRX price is forming a double top with the price action in November. Typically, this pattern highlights that the TRX token might break resistance above the $0.25 level.

Tron's price prediction suggests that the altcoin might experience profit-taking from its holders in early December. However, depending on its demand, it could experience an extended rally.

Can Cutoshi Outpace Tron Coin In This Bull Market?

As Tron gains momentum in the market, the Cutoshi presale is also quickly becoming a promising alternative. Its diverse market appeal is expected to generate massive adoption in Q4, positioning it for exponential growth.

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

News source:techbullion.com

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Other articles published on Nov 23, 2024