Another contender is emerging in the meme coin space to join the dog versus cat war on the felines' side: Cutoshi.
Dogecoin (DOGE) price has struggled recently and has shown a downward trend. But now, that might all change with a major update to Dogebox, Dogecoin's utility layer.
Dogebox 0.3.0 will enable SPV (Simplified Payment Verification) Node support to facilitate Dogecoin transactions on low-resource devices. This update also increases decentralization by allowing users to easily set up and manage Dogecoin nodes. Dogecoin Foundation aims to reach 10,000 nodes by 2025.
Meanwhile, Dogecoin is falling 4.7% and its price is hovering around $0.135. Dogecoin faced a rejection just below the $0.15 mark and its short-term price structure broke down. However, it looks like a bottom and Dogecoin will likely recover here before the bulls try to push the price higher again.
Cats Unite for Victory: Cutoshi
By combining meme energy and cutting-edge blockchain technology, Cutoshi delivers a revolutionary DeFi platform that will give established DEXs a run for their money. Cutoshi are digital descendants of the Lucky Cats of Japanese legends, who are said to bring good luck to businesses and households.
Cutoshi's flagship feature is CUTO DEX. This is a new cross-chain exchange that connects isolated blockchains and allows low-cost and near-instant transactions. Users can seamlessly exchange between all major blockchains for just a 0.25% transaction fee. � of these fees will be redistributed to liquidity providers, with the remainder allocated to the buyback and burning of the CUTO token.
Cutoshi wants his community to win big and spread the good news by completing fun quests and missions. For their efforts, they will receive Cutopoints, which can then be redeemed for the native CUTO token. Users can also earn passive income by staking CUTO.
One of Cutoshi's focuses is closing the knowledge gap and lowering barriers to entry. Therefore, Cutoshi Academy will be available soon. This is an educational center that aims to help beginners, simplify the basic concepts and make the world of DeFi more accessible.
Phase 2 of the CUTO pre-sale is currently ongoing and demand is growing rapidly. The tokens sell for just $0.022, an excellent entry point for investors looking to be on the winning side of the cat meme revolution. As meme coins prepare for a major market wave, Cutoshi is preparing to hit the market at the best time.
For more information:
Join the Cutoshi (CUTO) Pre-Sale and Become a Community Member:
https://twitter.com/CutoshiToken
https://t.me/cutoshi
This is a sponsored article. Opinions are solely those of the sponsor and readers should do their own due diligence before taking any action based on the information presented in this article.
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