The Trump presidency will be a pro-crypto one and this will come with a new legislative framework that is expected to make the life of developers and institutional investors significantly easier.
This is the sign that many financial institutions have been waiting for. Goldman Sachs CEO David Solomon has revealed that the banking giant is exploring the option of entering the crypto market and offering Bitcoin and Ethereum trading to clients as soon as there’s better regulatory clarity.
Amid this increasingly favorable climate, a newcomer, Cutoshi, is capturing the attention of small and large investors with its unique blend of meme antics and DeFi functionality.
What Makes Cutoshi Different
Cutoshi is a trending new utility meme coin that leverages the latest advancements in DeFi. The project embodies the ideals of privacy and decentralization, echoing the same principles that drove Satoshi Nakamoto to create Bitcoin and change the world forever.
At its core, Cutoshi is an innovative DeFi platform that bridges disconnected, isolated blockchains and brings them together through CUTO DEX. This is a cross-chain exchange that allows for rapid-fire swaps across a wide array of assets with fees as low as 0.25%.
To sustain this model, the exchange will redistribute 80% of the generated fees to liquidity providers, while the remaining 20% will be allocated for buybacks and burns of the $CUTO token. Burns are a crucial aspect of the project’s tokenomics, as $CUTO is by design a deflationary token, meaning that constant deflationary pressure will ensure healthy price action and sustainable growth.
Cuto Farming And The Academy
Cutoshi is inspired by the Lucky Cats of Japanese tradition, which are believed to bring good fortune to businesses and households. For this reason, the project brings forward the unique Cutoshi Farming initiative. This is a revolutionary reward system that allows investors to earn income the more they engage with the platform.
They will be tasked with completing various missions and tasks in exchange for points that can later be redeemed for $CUTO tokens. Furthermore, once staking is live, holders will also have the opportunity to tap into a passive income stream.
Just recently, Cutoshi announced the winners of its viral meme contest that saw hundreds of enthusiasts share their best memes. Ten winners have been selected and have received a cut of the $2,000 prize pool. Keep an eye on the socials for the next competition!
Another star feature is the Cutoshi Academy, an educational hub that seeks to lend a helping hand to newcomers lost in the intricacies of crypto. In the academy, beginners will find free resources that demystify key concepts such as DeFi, offer trading tips and advice on how to build a future-proof portfolio. For those who want to take their crypto game to the next level, there will be advanced modules available for a modest $CUTO sum.
Enter The Cutoshi Presale!
55% of the 44 million $CUTO token supply will be up for grabs during the presale and so far over 7.1 million $CUTO have been scooped up. Currently, Stage 4 is live and tokens sell for only $0.031. Most likely, the price won’t stay this low for long as demand is rising quickly and massive price multipliers could be on the horizon as 2025 approaches.
For more information on the Cutoshi (CUTO) Presale:
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Source: https://thenewscrypto.com/goldman-sachs-eyeing-the-crypto-market-as-this-new-altcoin-continues-to-adopt-the-principles-of-satoshi/