Searching for a good crypto project for investment is not an easy task. Currently, Solana is moving towards the green zone. However, the real market star is Cutoshi!
The new project combines the fun of meme coins with the utility of DeFi features. It aims to establish a vibrant and profitable MemeFi ecosystem. In the first quarter of 2024, the meme coin market grew by 169% to reach $60 billion.
It’s no wonder investors are optimistic about Cutoshi’s significant rise in the coming months. If you are also pondering the question of Solana vs Cutoshi, read on.
Solana Rises In TVL But Plunges In Value
Slowly and gradually, Solana seems to be solidifying its market base. Solana-based liquid staking token market is likely to jump by 500%.
This, in turn, is expected to push Solana’s total value locked (TVL) up to $18 billion. According to market experts, such a surge in TVL will make the project more attractive, and secure retail investors. At the time of writing, its TVL is around $3.9 billion.
A bullish trend is visible in investors’ sentiment toward Solana. The latest data from Coinglass indicates that Solana investors are inclined toward holding their SOL tokens rather than selling. Thus, we are noticing a scarcity of SOL’s supply on exchanges, which could lead to a surge in the trading price of SOL tokens.
Unlike Cutoshi, the last few weeks have not been favorable for Solana. The token price has tumbled by 11% on the monthly price chart. Currently, you can purchase a token at $129.04. Therefore, several SOL holders are looking for other cryptocurrencies to invest in, and CUTO seems to be the most viable option.
Cutoshi Presale Begins On A High Note
Cutoshi is a novel platform that mixes the positive features of meme coins and DeFi. It is inspired by the Chinese Lucky Cat, will soon launch a multi-chain DEX and exchange platform.
The Cutoshi ecosystem is interactive, and rewards users for active engagement. The Cutoshi Farming helps users earn incentives. They can participate in quests, accumulate points, and claim their rewards.
The multi-chain decentralized exchange will be an essential platform for DeFi users, allowing them to swap across chains in a seamless, and cost-efficient manner. Additionally, the project will support token farming, an educational resource, and NFTs.
The Cutoshi merch will add more vibrance, and offer fashionable means to the community to express their love for the project.
CUTO will be the utility token for the ecosystem. It will facilitate transactions within the learning academy, and the DEX. The total supply of the token will be capped at 440 million.
To make the token deflationary, the platform will employ a buy-and-burn mechanism. Currently, CUTO’s presale is in stage 1, at a price of just $0.015. According to analysts, Cutoshi’s value could surge by 100 times soon.
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
