After Bitcoin rejected the $90,000 price target, the market experienced volatility, as long-term holders took profit. However today Bitcoin is inching back up again, and currently sitting at around $87,800.
While most coins were in the red yesterday, one project – Cutoshi, was sitting firmly in the green, and trending on X in the USA for eight hours.
$CUTO, the native token of Cutoshi, also managed to go viral on a worldwide level, as X users around the world just couldn’t stop posting and chatting about the new memeFi project.
Today DOGE is trending on X, showing the power of memes as crypto launches into full bull run mode.
Interestingly, the screenshot below shows that some things trend ‘Only on X’, whereas others, like $DOGE and $CUTO are trending across the whole internet.
So Why Is $CUTO Trending?
To understand this, we need to know more about the project and its fundamentals.
Cutoshi is a new meme coin that is rising in popularity for its hybrid nature. Unlike DOGE, Cutoshi is a utility meme coin that offers practicality to its users. Cutoshi takes inspiration from Bitcoin and idealizes Satoshi Nakamoto’s vision of spreading the mass adoption of Decentralized Finance (DeFi).
Cutoshi aims to bring DeFi to the common man using its fun ecosystem, which incorporates a sophisticated DEX (Decentralized Exchange) and an academy that helps spread its mission.
The Cutoshi DEX is a multi-chain exchange that offers efficient peer-to-peer asset swapping. Its exceptional characteristic is that it provides a trading environment with low fees and fast speed across multiple blockchains.
Furthermore, Cutoshi is committed to educating investors through the Cutoshi Academy, which has courses covering the basics of DeFi technologies and cryptocurrency. New investors can learn about DeFi by using the engaging content provided by Cutoshi and discover new strategies for building wealth over a prolonged period.
Cutoshi has successfully launched the much-awaited token farming, and thousands of members have already started farming. Farming activities include completing various fun quests and challenges to get CUTO points. Upon accumulating a threshold of these points, members can convert them into CUTO tokens.
Fundamentals, Utility, Meme Appeal, and Community Drive Popularity!
Ultimately then, when a project like Cutoshi comes along, with great fundamentals, vision, use cases and an iconic meme, its bound to get noticed by the wider crypto community.
As people look for the next big thing in crypto, the data from X shows us that they have caught on to the fact that Cutoshi provides it all.
The recent trending on X has pushed $CUTO’s total raise to over $840,000, bringing in around $100,000 in a matter of hours. CUTO is currently valued at $0.0259 in the third stage of presale, and the price is set to increase as each stage sells out. Stage three is already 25% sold out, so those wishing to get in before the price rises higher may wish to lock in that price sooner rather than later.
For more information on the Cutoshi (CUTO) Presale:
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