Understanding The Coin Market: Dogecoin Trending On X As Cutoshi Attracts Attention On CMC After Listing

After reclaiming a crucial resistance level, Dogecoin (DOGE) appears primed for the next major leg up. Netizens and crypto enthusiasts have taken notice, and X is buzzing with Dogecoin memes and forecasts. 

Another contender is emerging in the meme coin space to join the dog versus cat war on the felines’ side: Cutoshi.

Dogecoin Major Update Revealed

Dogebox, Dogecoin’s utility layer, is in for a major upgrade set to significantly improve transaction efficiency and make Dogecoin a more appealing payment solution. Dogebox 0.3.0, will introduce SPV (Simplified Payment Verification) Node support to facilitate Dogecoin transactions on low-resource devices.

This upgrade also enhances decentralization by enabling users to easily install and manage Dogecoin nodes. The Dogecoin Foundation aims to reach 10,000 nodes by 2025.

Meanwhile, Dogecoin is seeing a 4.7% decline, and its price has settled around the $0.135 mark. Dogecoin faced a rejection right under the $0.15 mark and its short-term price structure broke down. However, the bottom seems to be in and Dogecoin will likely consolidate here before bulls try to push the price higher once again.

Cutoshi Will Lead The Cats To Victory

Cutoshi blends together meme energy and state-of-the-art blockchain tech to bring a revolutionary DeFi platform that could give established DEXs a run for their money. Cutoshi is the digital descendant of the Lucky Cats from Japanese legends, who are said to bring good fortune to businesses and households.

Cutoshi’s flagship feature is CUTO DEX. This is a novel cross-chain exchange that connects isolated blockchains and allows for cheap and near-instantaneous transactions. Users can seamlessly swap between all major blockchains for just 0.25% in fees. 80% of these fees will be redistributed to liquidity providers, while the remaining 20% will be allocated toward buybacks and burns of the $CUTO token.

Cutoshi wants its community to win big and spread the good word by completing fun quests and tasks. For their efforts, they will receive Cutopoints which can then be redeemed for the native $CUTO token. Moreover, users can also stake $CUTO and enjoy a passive income stream.

One of Cutoshi’s focuses is narrowing the knowledge gap and lowering entry barriers. This is why the Cutoshi Academy will soon be available. This is an educational hub that aims to lend a helping hand to beginners by simplifying key concepts and making the DeFi world more accessible.

Stage 2 of the $CUTO presale is now live and demand is rising rapidly. Tokens sell for just $0.022, which is the perfect entry for investors who want to be on the winning side of the cat meme revolution. Cutoshi is set to hit the markets at the best possible time, as meme coins are gearing up for a massive market-wide surge.

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.