As people wonder where to invest their money for the biggest potential gains, one name keeps popping up – Cutoshi. The project, which has trended on X twice in the last month, has raised around $1.2 million in funding and is about to sell out of the third phase of its presale. What’s behind the enthusiasm and how high can the fundraising go?
How Does The Presale Work? – Fundamentals And Tokenomics:
The idea is simple: as more tokens sell, the funds raised grow and the price increases. Right now, $CUTO is going for $0.0259, up from its starting price of $0.015 – a 72% jump so far. And it’s about to sell out of the current stage of presale; already 93% subscribed.
In total, 55% of Cutoshi’s 440 million token supply is reserved for the presale. That’s a big chunk, but it’s intentional – it puts the project in the hands of early supporters. The remaining tokens are split between farming rewards, marketing, exchange listings and token burns, giving Cutoshi both flexibility and room for growth.
Why Is Everyone Talking About Cutoshi?
Here’s three key talking points that are getting people excited about the future of Cutoshi:
1) Meme Meets Utility
At its core, Cutoshi is a hybrid. It’s got the meme appeal of Shiba Inu but pairs it with features like a cross-chain DEX, staking and NFTs with real utility. That makes it more than just a fleeting trend.
2) A Growing Community
From trending on X to meme competitions with real cash prizes, the team is building a loyal following. And it’s working – Cutoshi’s Telegram is full of activity and social media engagement continues to rise, with over 3500 people participating in group farming for CUTO.
3) Perfect Timing And Functionality
The meme coin market has ballooned from $23 billion to $117 billion in the past year. Data from a CoinGecko report earlier this year revealed that meme coins recorded the highest returns in all of crypto – 1,312.6% on average. Add in DeFi functionality and you’ve got a mix that appeals to both sides of the market.
Can Cutoshi Really Raise $9 Million?
Let’s break it down. At the current price of $0.0259, Cutoshi has raised around $1.2 million so far. With six more stages to go and prices likely climbing to $0.04 or higher, the $9 million target doesn’t just look achievable – it looks extremely likely.
If demand keeps up, even modest price jumps per stage could push Cutoshi past the $9 million mark by the end of 2024. And if the project continues trending, listings on major exchanges in 2025 could drive a second swathe of investment.
Why $9 Million Is Just The Beginning For Cutoshi
Raising $9 million in presale is one thing, but what happens next?
For context, meme coins like Dogecoin and PEPE have hit market caps in the billions without offering much beyond their name and a cool picture. Cutoshi, on the other hand, is currently sitting at a market cap of just over $11 million.
Cutoshi brings DeFi functionality such as a cross-chain DEX and token utility, like discounts on advanced lessons in their learning academy. And all wrapped up in a meme of the Chinese Lucky Cat.
A $9 million raise would put Cutoshi firmly among the top presale projects, but that could be just the start if the team and roadmap deliver.
For more information on the Cutoshi (CUTO) Presale:
Join and become a community member:
https://twitter.com/CutoshiToken