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Unicorn potential: Three reasons Solana-like Cutoshi could shine in 2024

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Solana’s game-changing Seeker smartphone strengthens its crypto leadership, while Cutoshi, a rising memecoin with strong utility, challenges established players like DOGE and SHIB.

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The new decade in cryptocurrency will witness expansion, and the rise of new and strong players. Solana recently came up with a game-changing revelation: the Seeker, a novel smartphone made specifically for the expanding crypto ecosystem. Seeker makes a significant step toward merging blockchain technology and consumer electronics. With that, Solana, the world’s pioneer in crypto space innovations, managed to maintain its leadership.

Cutoshi entered the DeFi sector in the memecoin industry. This utility based memecoin is poised to dethrone established memecoins such as Dogecoin and Shiba Inu, by becoming widely utilized within the next few months, post release. Furthermore, there are assertions that Cutoshi poses a significant challenge to chains such as Solana. The community-based DeFi coin is to hold high potential in 2024.

Solana reveals a crypto integration game-changer

Solana Labs’ subsidiary, Solana Mobile, indicated its willingness to unveil its second crypto mobile: the Seeker. The Solana Seeker phone is more than a mobile device; it allows global access to a decentralization and crypto-integration era. 

The proposal intends to make web3 technologies more readily accessible to the general public. The “Solana Seed Vault Wallet,” a mobile-first crypto portfolio, allows holders to access and manage their crypto possessions on the go. Solana Mobile has enabled consumers to leverage DeFi power to manage their finances. 

This is made practical through tight integration with the Solana ecosystem, and the Solana Dapp store, which is an entry point into a world of apps, NFTs, AI, gaming, and more. In addition to providing unique, non-transferable perks, Seasons holders gain direct DEX integrations, offers, and perks, which accelerated phone sales to over 140,000. Following the reveal, SOL’s price movement has also been a talking point. In the last 24 hours, SOL has risen significantly. 

This is evidenced by the 7.62% spike experienced. Additionally, over the week, it recorded a price growth of 3.35%. The current price as of the moment of writing is $139.45.

Cutoshi on the rise in crypto space

Being a decentralized exchange (DEX) at its core, Cutoshi is inevitably the game changer for your privacy, security, and monetary freedom. It includes a whole collection of elements in its ecosystem that are attracting users across the spectrum. The game-like token farming aspect has users earning rewards through completing quests.

Its Cutoshi Learning Academy – a community learning initiative – is aimed at educating the masses and makes sure users do not have to spend extensive amounts of time trying to understand crypto fundamentals.

Cutoshi, also took a different approach to the rewards strategy, which generated a massive shaft among investors by providing unique NFTS as rewards to the Cutoshi army, early adopters, and challenge winners. These unique NFTs are collectibles, and appreciation tokens – providing added value and engagement for the community. In addition, the vivid Cutoshi branded swag is also expected to catch on, offering supporters stylish merchandise as a way to show their commitment to crypto.

This will further fuel interest in their underlying currency, CUTO, intended for long-term value appreciation. Its big utility focus makes it a standout entrant in the market. Moreover, it’s on pace to beat some of the top performing tokens like SOL, and can be acquired at its current presale price of $0.15.

While Solana is here to become a leader in the tech-driven era of crypto, Cutoshi will stomp its way through new projects with the allure of a memecoin and long-term utility driven moon shot.

For more information on the Cutoshi (CUTO) presale, visit the website: https://cutoshi.com/

Join and become a community member:  https://twitter.com/CutoshiToken, https://t.me/cutoshi

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This article first appeared at crypto.news

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