Meme coins are ready for a major comeback with Shiba Inu leading the charge. Meanwhile, another meme coin could take everyone by surprise with its unique DeFi functionalities.
Why are investors flocking to the Cutoshi presale in droves? Let’s find out more.
Shiba Inu Breaking Out. What’s The Next Target?
Shiba Inu (SHIB) has broken out of the $0.000013 range with a vertical upward move. Today Shiba Inu (SHIB) sells for $0.000020, boasting a 15.4% intraday increase. CoinMarketCap also shows a massive 83% surge in trading volume with $1.6 billion traded.
This rise in demand could be a sign of what’s to come for Shiba Inu and meme coins in general as the bearish price action of the last few months seems to have finally subsided.
Shiba Inu is among the few meme coins offering real utility and boasting a vast and complex encompassing various aspects. Shiba Inu’s Layer 2 blockchain, Shibarium, is also seeing an increase in activity. Meanwhile, Shibburn, Shiba’s dedicated burn mechanism is firing on all cylinders with millions of tokens taken out of circulation.
Moreover, the Shiba Inu developers have started teasing the launch of a proprietary stablecoin – SHI, further cementing the project as a leader in both the meme space and the DeFi industry.
Cutoshi Follows Shiba Inu’s Footsteps, With A Twist
Cutoshi also understands that only real utility can make a project future-proof. This is why it doesn’t solely rely on hype like most other meme coins.
Inspired by the famous Lucky Cats from Asian tradition, Cutoshi wants to tokenize good fortune and bring it to the blockchain.
At the center of Cutoshi’s ecosystem is the $CUTO DEX decentralized exchange. This is a cross-chain DeFi protocol that connects isolated blockchains and allows seamless swaps between assets for a modest 0.25% fee.
Cutoshi believes in giving back to the community and users can benefit from several income avenues. Staking the $CUTO token or providing liquidity will result in recurring rewards while completing various tasks and missions will earn points, which can then be redeemed for more $CUTO tokens.
One of Cutoshi’s star features is the unique Cutoshi Academy. A learning platform designed to assist beginners on their crypto journey by simplifying all things DeFi and offering tips on building a profitable long-term portfolio.
To raise awareness online and offline, Cutoshi will soon release merchandise and an NFT collection, allowing the community to rep their favorite meme while actively participating in the success of their investment.
The first stage of the presale is selling out fast and $CUTO is priced at just $0.015. This is the perfect entry point for buyers who want to be on the winning side of the utility-driven meme coin revolution. With experts anticipating a mindblowing 100x rally post-launch, today is the best time to get involved. Don’t miss out!
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
This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.
Source: https://bravenewcoin.com/insights/shiba-inu-shib-continues-to-climb-paving-the-way-for-highly-anticipated-meme-coin-cutoshi-cuto