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Cryptocurrency News Articles

Cutoshi (CUTO) Surges By Over 46% In Its Ongoing Stage Two Presale

Nov 03, 2024 at 09:27 pm

Despite this, Cutoshi, an Ethereum-based meme coin, continues to take the presale market by storm. Its stage two presale is almost sold out

Cutoshi (CUTO) Surges By Over 46% In Its Ongoing Stage Two Presale

Cutoshi, an Ethereum-based meme coin, continues to dominate the presale market. Its stage two presale is nearly sold out, having raised over $630K. This high demand is due to the project’s unique DeFi features.

Cutoshi Surges Over 46% In Its Ongoing Stage Two Presale

Like most meme coins, Cutoshi has a fun story behind its creation. The project is inspired by the ideals of the Bitcoin founder, as embodied by the Chinese Lucky Cat, which is believed to bring luck and prosperity. Cutoshi aims to create a unique DeFi ecosystem with advanced features, including a multichain DEX platform.

The multi-chain DEX will enable users to swap crypto assets across multiple blockchains, addressing the issue of interoperability. Cutoshi will also introduce a farming protocol, launching soon, where community members can complete quests and earn rewards. This initiative aims to provide an interactive and engaging experience, setting the project apart from the hype-driven meme coins.

With such features, Cutoshi is well-positioned to follow the price trajectory of the top meme coin. The CUTO token has already seen a 46% increase, trading at $0.022 from its starting price of $0.015. Backed by a capped supply of 440M CUTO tokens, the price is poised for substantial gains in the upcoming presale stages.

Ripple Price Nearing Its Breakout Point

Despite Ripple’s ongoing legal battles, the altcoin appears to be targeting bullish momentum. It has several price points in sight, including $0.59, $1.50, and its critical target of $7.50. According to EGRAG CRYPTO, the breakout XRP price target will drop to $0.

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