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Crypto markets are once again heating up! Bitcoin just broke its monthly high of $65,500, causing a wave of bullish enthusiasm. Amid these developments, Cutoshi memecoin is generating excitement for its explosive presale. Meanwhile, Floki and Fantom are also rapidly rising.
While the crypto markets are rallying, one memecoin is generating a lot of attention. Thanks to its explosive presale, Cutoshi (CUTO) has traders scrambling to get more. In just weeks after its launch, the presale already raised $330,000.
Cutoshi is a memecoin that features a Chinese lucky cat, a symbol that’s famous across the world. Now, the lucky cat is on the blockchain, bringing luck to your wallets. But Cutoshi is not just a memecoin. It also has a vision for a comprehensive DeFi ecosystem.
Following the teachings of Bitcoin creator Satoshi, Cutoshi wants a world where anyone can trade with no restrictions. At its core is the Multichain Cutoshi DEX, which offers low fees and transactions without limits. Moreover, 20% of the DEX income will go to burning Cutoshi, making it deflationary.
Other than that, Cutoshi also offers farming rewards, staking, quests, and even NFTs. All of these features reward holders even further. Moreover, early holders get the best deals on all of these. This is why traders are jumping in on this early opportunity.
This comes after a major announcement on Foki’s Valhalla metaverse game. Namely, Floki partnered with Alliance, a global e-sports organization, to promote Valhalla. The partnership means that more people will get to know Valhalla, boosting Floki as well.
Valhalla game is an MMORPG that features a huge world and turn-based combat for players. Moreover, the game gives players a chance to earn Floki for their in-game achievements.
The game is an example of Floki’s shift from being just a memecoin to offering utility. Memecoins that have real utility, including Floki and Cutoshi, have a much better chance for success in the market.
Fantom (FTM), the high-performance blockchain, has gained the attention of traders recently. In just 30 days, FTM rose rose 62.50%, to its current value of $0.7028. While the reasons are many, including the general crypto market rise, one of them stands out.
Notably, Fantom is undergoing a major upgrade, with a rebrand to Sonic (S). This new upgrade will boost the network performance with a new Fantom Virtual Machine (FVM), a new database, and a better consensus mechanism.
The upgrade will also give Fantom improved throughput, enabling it to handle 2,000 transactions per second. At the same time, Fantom will remain fully compatible with Ethereum. For these reasons, traders are excited over where Fantom, or Sonic, will go next.
While Fantom and Floki are both seeing great performance, Cutoshi has the biggest potential. Thanks to its low presale price, it has the potential to make new memecoin millionaires. So get your Cutoshi tokens while the price is still low!
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
