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Solana (SOL) is showing signs of life again as this recent surge saw it reclaim a key level. Meanwhile, a new player in the meme coin space is making waves with its cutting-edge DeFi platform. Investors are flocking to $CUTO presale by the hundreds, and analysts believe that Cutoshi could become the next 100x gem. Let’s find out why.
What’s next for Solana?
Solana has finally broken out of the $130-$140 range with a significant upward move. Bulls have reclaimed the $160 level and Solana is currently consolidating there. Today, Solana (SOL) sells for $160 with a 10.4% monthly increase and a notable 32% uptick in volume with $3.2 billion traded.
Solana has played a protagonist role since the start of the cycle in late 2023, but as the downturn intensified, it saw a big portion of its value wiped out. Artemis Termina has disclosed that Solana has outperformed other major L1s such as Ethereum in regard to net inflows with a staggering $992 million in less than a month.
This surge in demand is to be partially attributed to the upcoming launch of the official Solana handheld console PSG-1 (Play Solana Gen-1), with the presale of the console selling out in record time.
Cutoshi Is About To Set A New Standard For Meme Coins
Cutoshi brings together memes and DeFi in a holistic ecosystem that empowers and rewards users. $CUTO DEX is Cutoshi’s flagship feature: an innovative exchange offering near-instantaneous cross-chain transactions. Users can seamlessly trade between assets at just 0.25% in transaction fees.
Moreover, Cutoshi incentivizes users to engage with the platform via the Cutoshi Farming initiative. Users who stake the $CUTO token or provide liquidity will enjoy generous recurring rewards. On top of that, during and after the presale, individuals will have the opportunity to participate in special events and complete various tasks in exchange for points. These points can then be redeemed for additional $CUTO tokens.
Cutoshi believes in helping newcomers and assisting them on their crypto journey. This is why Cutoshi Academy has been created. This is a learning platform that aims to simplify all things DeFi, teach basic and advanced trading techniques, and offer tips for optimal portfolio management. All this in a fun and engaging way.
To further boost Cutoshi’s online and offline presence, merchandise and NFTs will launch soon, allowing the community to spread cuteness and good fortune everywhere. Speaking of good fortune, Cutoshi boasts a pedigree that spans centuries, as it draws inspiration from the Lucky Cats that are present in Chinese and Japanese folklore.
Stage 1 of the $CUTO presale is now live and the token is priced at just $0.015. Investors who take action today will reap incredible benefits post-launch as a legendary 100x rally could be on the cards by the end of 2024.
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*This article was paid for. Cryptonomist did not write the article or test the platform.
