With the crypto bull run in full swing, investors are discovering new gems. The DeFi-integrated meme coin Cutoshi is one of these, seeing impressive engagement. Its presale so far has been a major success, with $1.2 million raised in record time. Now, the token has entered the next stage of its presale and is on track to sell out in record time.
Cutoshi Starts Stage 4 Presale With $1.2 Million Raised
MemeFi token Cutoshi (CUTO) presale is attracting significant attention. In just a few weeks, the presale has raised $1.2 million. Now, the next stage of the presale just started and is set to sell out in record time.
The presale of this DeFi-focused meme coin is set up in 10 phases, with the token currently in its fourth phase. Stages are set up so that the token increases in price with each stage. The goal of this setup is to reward early investors. So far, the presale price has risen from the initial $0.015 to $0.031.
Source: Cutoshi
The amount of the funds raised so far showcases the interest in Cutoshi. In just a few weeks since launch, Cutoshi raised more than $1.2 million, showcasing investor interest. Figures suggest that the next stage will sell out in record time, upping Cutoshi’s presale price even further.
Why Cutoshi Is Selling Out In Record Time?
Cutoshi is attracting investors due to a unique blend of memecoins and utility. While it features a cute mascot, the Chinese Lucky Cat, Cutoshi has a focus on DeFi. Taking inspiration from Satoshi Nakamoto, legendary Bitcoin creator, it is building technology for decentralization and digital freedom.
At the heart of Cutoshi’s ecosystem will be its multichain DEX. Its goal is to make crypto trading more accessible than ever to all types of investors. It will feature an intuitive interface with low fees, with hopes to bring DeFi trading to all. Critically, the platform will offer self-custody, giving traders full control over their crypto. What is more, Cutoshi promised to launch a learning platform, helping new users discover the possibilities of DeFi.
The project is also leveraging the power of memes to grow its community. Currently, Cutoshi is hosting an art competition, promising the winner $2,000 to contribute to the project. This is boosting engagement in the community, which already brought the token viral. Notably, in late November, Cutoshi was already trending on X (Twitter), after breaking $1 million in investment.
Cutoshi banks on its unique blend of memes and DeFi to give it both viral potential as well as price stability. Meme coins have been proven to be accessible to all types of retail investors, attracting engagement like no other category. At the same time, investors are looking for projects with utility.
Conclusion
Cutoshi is attracting attention thanks to its focus on decentralized technology, as well as leveraging meme coin power. This combination is a great way to attract new traders into the world of DeFi. With the bull market in full swing, it is now a great opportunity for traders to learn about DeFi and self-custody.
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