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With the market showing signs of life again and green candles flooding the charts, Immutable (IMX) and Bonk (BONK) investors are looking to rotate profits into new projects with untapped potential.
One such gem is Cutoshi, currently making waves with the ongoing presale of $CUTO, the native token. Cutoshi boasts a cutting-edge DeFi platform and analysts believe it could be the next 100x.
Immutable Is Breaking Out, Will This Momentum Hold?
Immutable (IMX) was ranging around $1.30 for weeks, but a recent surge in demand allowed it to escape the bearish channel. Today, Immutable (IMX) sells for $1.83, with a 29.8% increase over the last month. Immutable tore through the $1.67 resistance, and bulls are setting sights on the $3 target. If this resistance is cleared as well, the next Immutable stop would potentially be a new all-time high.
Immutable is set to be one of the top names in the booming crypto gaming space as the ecosystem is in continuous expectation, with new titles constantly being added. Recently, Immutable partnered with blockchain gaming platform MARBLEX with the goal of revolutionizing web3 gaming by integrating successful Web2 games into the space.
Bonk Could Redefine The Meme Coin Game
At press time, Bonk is priced at $0.00002 with a 6.2% intraday surge. Demand is also growing, with Bonk showing a 35% increase in volume with $209 million traded. Bonk is currently consolidating around this level, with the next big target being the $0.00003 resistance level.
Recently, Bonk made news with the announcement of the launch of a Bonk Exchange-traded Product. Although there isn’t an official date yet, if this experiment proves successful it could pave the way for a Bonk ETF, which would also be the first-ever meme coin ETF.
Cutoshi Brings Good Fortune To Investors!
Cutoshi brings memes and DeFi together with the introduction of $CUTO DEX. This is a decentralized exchange that allows for seamless cross-chain swap.
With transaction fees as low as 0.25%, Cutoshi is about to give established dexes a run for their money. 80% of the fees will be given back to liquidity providers, and the remaining 20% will be used for rewards and buybacks.
Cutoshi is inspired by the Lucky Cats of Chinese tradition and it seeks to bring good fortune to early buyers as the $CUTO token is priced at only $0.015. This is the perfect entry point for investors who want to be on the winning side of the utility-driven meme season.
No DeFi platform is complete without a farming mechanism, and Cutoshi will offer amazing rewards to its rapidly growing community via the Cutoshi Farming initiative. During and after the presale, users will be tasked with completing various quests. In exchange, they will earn points which later can be redeemed for more $CUTO tokens. Moreover, holders can stake their tokens and enjoy a hassle-free passive income stream.
One of the project’s most interesting features is the Cutoshi Academy. The aim is to demystify DeFi and assist newcomers in navigating the crypto world. Beginners will be taught how to manage their portfolio for optimized returns and trading techniques that will allow them to maximize their gains.
Stage 1 of the presale is selling out fast and demand is rising as hundreds of investors are rotating funds into one of the hottest presale events of 2024.
Given all that Cutoshi has to offer, experts believe that a 100x moonshot could be on the cards when the bull market ramps up. Getting involved today could lead to generational gains. Don’t miss out!
For more information on the Cutoshi (CUTO) Presale:
Join and become a community member:
https://twitter.com/CutoshiToken
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