Over the last 24 hours, Bitcoin (BTC) has reached a new all-time high at $94,746. Euphoria is dominating the crypto market, while MicroStrategy continues to bid heavily.
Meanwhile, Cutoshi is making waves in the meme coin niche and the DeFi space with its unique framework. That seamlessly blends meme energy with real utility. As thousands of investors flock to the native $CUTO token presale, let’s discover what makes this project so special.
Microstrategy’s Buying Spree is Fueling Bitcoin’s Climb to $100K
Over the past few years, the names Michael Saylor and MicroStrategy have become synonymous with Bitcoin. The Virginia-based business analytics firm now owns a staggering $30 billion worth of BTC. Just a few days ago, MicroStrategy added over 51,000 BTC to their position. That played a crucial role in Bitcoin breaking above the $93k resistance.
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At press time, Bitcoin has recorded a 4.1% intraday increase, accompanied by a 1.9% rise in volume. Over $75 billion worth of BTC has been traded on exchanges in the last 24 hours. Detractors speculate that Bitcoin’s momentum might start waning. Still, Bitcoin’s monthly RSI indicator is still far from overbought territory at 65 points. For reference, during the previous cycle peak in 2021, Bitcoin’s RSI overheated at 90. That resulted in a steep correction. It means there is still a lot of room for growth.
Cutoshi is Trending on X, $CUTO Presale Goes Viral
Cutoshi draws inspiration from the Lucky Cat of Japanese folklore. These cats represent tokens of good fortune and can bring prosperity and wealth to businesses. Cutoshi is quite literally a token of good fortune, as it boasts a unique reward system that incentivizes community engagement and promotes long-term holding.
Users will have the unique opportunity to earn income through the Cutoshi Farming system. They can actively participate in Cutoshi’s rise to prominence by completing tasks to boost the project’s online presence. The results already speak for themselves, as over the past week, the $CUTO ticker started trending on X several times. In exchange for their efforts, users will receive CUTO points that they can redeem for more $CUTO once the token launches. Additionally, those who just want to make money and relax can stake their tokens for a passive income stream.
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To support Cutoshi’s quest and foster a sense of community, merchandise and an NFT collection will also be available soon. Users will be able to rep their favorite meme coin while spreading awareness both online and offline.
The $CUTO DEX is at the center of the Cutoshi ecosystem and will provide seamless cross-chain transactions across isolated blockchains. Investors will be able to swap between assets at lightning speed and the lowest possible fees without having to switch between wallets and exchanges.
One of Cutoshi’s most interesting features is Cutoshi Academy. That’s an educational hub that seeks to lend a helping hand to beginners and assists them on their crypto journey. In the academy, they will learn the basics of trading and portfolio management, while more complex concepts such as DeFi will be made more approachable.
Stage 3 of the Cutoshi presale is underway, and $CUTO tokens sell for just $0.0259. As the price is expected to explode in the upcoming weeks, there has never been a better time to get involved than now!
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Disclaimer
The information provided in this article is only for educational and informational purposes and should not be considered financial or investment advice. We are not licensed financial advisors. Always conduct your research and seek guidance from a certified financial professional before making any investment decisions.
