With the crypto market pumping, it’s hard not to get FOMO and end up putting your coins into something that has already peaked. One way to avoid this is to get a promising and popular coin in presale (since the only way is up) and the token we’ve got our eye on is Cutoshi.
Shiba Inu? Dogecoin? No, It’s Time For The Cats!
With Dogecoin on a tear and Shiba Inu not far behind, it’s tempting to buy into these coins, with the hope that they see a resurgence as they did in 2021 – when crypto became mainstream and DOGE was worth double what it is right now.
And this might be a good play, but of course, the gains aren’t guaranteed, with many other meme coins attracting attention.
This brings us to a presale project called Cutoshi. It’s a meme of the Lucky Cat, an age-old symbol of wealth, luck and prosperity made popular in Asia.
Cutoshi is a meme coin, but like Shiba Inu, it also has DeFi capabilities.
One of the reasons Shiba Inu has been so successful is their commitment to building a DeFi ecosystem, starting with a DEX and then moving on to the Layer 2 blockchain, the Shibarium and more.
So Why Cutoshi?
Cutoshi aims to lead a financial revolution by bringing more people into the fold of DeFi and web3. Like Shiba Inu, their starting point is a cross DEX. And there’s a good reason for this. Since the creation of SHIB and DOGE, there are now hundreds of blockchains which can make trading crypto confusing. The interoperability of Cuoshi removes this barrier for new entrants.
They will also offer a fun learning portal for those who want to understand more about DeFi and how they can use it to trade all kinds of financial products, stake, provide liquidity, borrow with crypto-collateralized loans and more.
But they also want to make an enjoyable community atmosphere where CUTO holders feel engaged and can contribute to the project.
So that’s why Cutoshi has started a token farming initiative with a group leaderboard to make it interactive and competitive while offering people a way to collect tokens in return for quests. Currently, there’s also a meme competition to unite the community and the winners will receive a share of $2000 worth of CUTO.
Let’s Talk Numbers
Theory is great, but what do the numbers say?
The Cutoshi presale has been live for about a month and has already sold $1,189,676 worth of $CUTO. Socials and engagement are on the up, with the hashtag $CUTO trending at the top of X twice in November. A few days ago the team announced that over 3500 people are doing the group questing.
Cutoshi is up 72% over that time frame and when the current presale stage sells out, it’s going to go up again.
Given that the project is around 92% of the way through the third stage of presale, it won’t be long. If it can mirror the success of the previous month, then another 70% monthly rise could be on the way.
And with 10 stages in total, the price is set to increase steadily as each stage sells out.
Although no one can predict for sure what happens when a new coin launches, Cutoshi, as a promising presale with a small market cap, has a huge amount of room to grow. So this could be like getting in on Shiba Inu four years ago.
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
