As the crypto market continues to mature, both new and long-standing projects are growing at a fast pace. This leaves investors in a dilemma of choosing among many crypto projects. Currently, investors are betting big on meme coins, with Shiba Inu, Floki Inu, and Cutoshileading the path.
The new project, Cutoshi, has the most noteworthy growth trajectory. Its ongoing presale has created a massive buzz, and experts are backing it for its real-world utility. CUTO, a one-of-a-kind meme coin, is expected to grow by 10000%. Let’s see what makes this token so profitable.
Shiba Inu Goes For Record Token Burning
With the intent to prevent the value of SHIB tokens from plummeting, Shiba Inu has increased the burn rate to a record high. The recent data from Shibburn revealed that Shiba Inu burned more than 7.8 million tokens in 24 hours. This was around 3,348% higher than the previous day’s numbers.
According to experts, the massive burning by Shiba Inu will create a significant scarcity of SHIB tokens, potentially leading to a price surge.
The price movement of the token also suggests the same. In the past month, Shiba Inu has risen by more than 6%. This has pushed the price of the token to $0.000014.
Floki Inu Gets Whales’ Support
Market conditions seem to be getting favorable for Floki Inu. After suffering a significant price drop in August, Floki Inu has recovered, and is currently moving into the green zone.
In the past week, the market value of Floki Inu has increased by 4%. Consequently, FLOKI tokens are now available for $0.000130.
Whales’ support for Floki Inu played a major role in this recovery. According to IntoTheBlock, more than 86% of FLOKI tokens are held by big investors. Moreover, the majority of the investors are willing to hold it for the long-term.
Cutoshi’s Presale Steals Limelight
Cutoshi is a new crypto project inspired by the Chinese Lucky Cat. It aims to bring luck and wealth and prosperity to crypto investors, with a novel and growth-oriented roadmap. It is a meme coin but also offers a DeFi solution where the masses can get involved and earn.
It’s a well-known fact that meme coins are famous for their ability to skyrocket and grow in value quickly, while DeFi is renowned for its real-word use cases. Cutoshi merges these two characteristics by offering a multi-chain DEX, Educational Academy, and multiple ways to earn rewards and additional tokens.
The CUTO token is the driving force behind the ecosystem, and is designed for utility and growth. The presale of the tokens has begun, and stage 1 is selling out fast with over $150k raised in only 24 hours. Currently, CUTO is available for just $0.015 but as community members continue to discover this crypto gem and ape in, tokens will sell out and the price will continue to increase.
For more information on the Cutoshi (CUTO) Presale:
Join and become a community member:
https://twitter.com/CutoshiToken
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the viewsof Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
