Cutoshi (CUTO) Presale: A Lucky Cat Utility Token Blending Memecoins with DeFi

In contrast to Cardano's stability, Cutoshi has the potential for much higher gains. This memecoin, based on the Chinese Lucky Cat and Satoshi's vision, blends memecoins with utility.

October is set to bring a wave of fortune to the crypto market with the upcoming alt season. But not all tokens will shine equally. While Cardano (ADA) is expected to have a stable market performance, a newer token, Cutoshi (CUTO), might have a more exciting trajectory.

Cardano, a blockchain platform known for its smart contract capabilities, has a current price of $0.334. It has seen a 16% decrease in the last 7 days but is still up by 4% since last month. In fact, it has maintained a yearly growth of 27%.

However, Cardano's technicals are not giving positive signals. While the weekly chart's oscillators are neutral, the moving averages are in the red. With an RSI of 42, we're still not in the oversold area. But considering the market has been trending upward, we can expect a stable performance.

Recently, Cardano saw the launch of fGLD, its first tokenized gold product. Launching with a market cap of just $150,000, this token is set for significant growth.

Tokenization and RWAs (real-world assets) are some of the most promising utility plays in blockchain, so this sector will likely benefit Cardano. Notably, estimates put RWAs at $2 Trillion by the end of the decade.

Another major highlight was the launch of Midnight's public testnet, focusing on privacy for decentralized applications. Zero-knowledge cryptography ensures privacy on this sidechain.

There’s also been a 30% increase in addresses holding 100 million to 1 billion Cardano. This is a significant number in the median holders section. At the same time, holders up to 100 ADA increased by just 0.68%. On the other hand, the number of whales, those holding those holding 10 million to 100 million, declined by 3,05%.

This suggests that Cardano ownership is becoming more decentralized, and consequently, more resilient. With this in mind, Cardano is set for stable performance, with less negative pressure on its price.

In contrast to Cardano's stability, a newer token, Cutoshi (CUTO), has the potential for much higher gains. This memecoin, based on the Chinese Lucky Cat and Satoshi's vision, blends memecoins with utility.

Currently in its presale stage, the token is an early-stage opportunity for those investors looking for major gains. The key to this growth is its comprehensive DeFi ecosystem, which gives the token its utility.

Cutohi will feature a multichain decentralized exchange, NFTs, an educational platform, and multiple ways to farm tokens. Its DEX will also use its revenues to burn CUTO, making the token deflationary.

The project is set to attract both memecoin and DeFi traders, which is significant considering the recent growth in the memecoin market. Top memecoins like Pepe and Bonk saw 100x gains over the last year.

In Q1 2024 the meme coin market cap grew by 169% reaching $60 Billion. The DeFi market size valued at $24 Billion is expected to grow to $48 Billion by 2031.

Since it’s in the presale stage, analysts predict Cutoshi should experience a 50% price surge in October during its presale. Traders that get in early could clock 100x gains after the token lists on exchanges. Check it out here before it gets sold 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

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