Crypto Adoption Grows as Avalanche Launches Visa Card and Cutoshi Token Surges
The crypto industry has seen massive growth this year, driven by major companies like PayPal and Stripe enhancing their focus on stablecoins as digital currency adoption increases. One of the latest developments is the Avalanche Foundation’s launch of the Avalanche Card, a new Visa card that will allow users to spend cryptocurrency seamlessly.
In parallel, the Cutoshi token presale has gained significant traction. With tools like the Multichain DEX within the Cutoshi ecosystem, the presale has raised over $850k in just one month. As a result, there are high expectations for the CUTO token to rise by as much as 50x in the coming weeks.
Cutoshi Gears Up to Launch Its Multichain DEX
The Cutoshi project is preparing to launch its multichain DEX, a platform designed to solve major challenges such as privacy, security, and interoperability in the crypto space. The DEX will enable seamless cross-chain asset swapping, making it an attractive tool for crypto traders. CUTO token holders will benefit from trading discounts on the DEX, which is expected to drive increased demand for the token.
Key features of the Cutoshi ecosystem include:
- Limited total supply: The CUTO token has a fixed supply, contributing to its scarcity.
- Deflationary mechanism: The buy-and-burn mechanism helps reduce supply, potentially increasing demand over time.
- Educational platform: The Cutoshi Academy provides valuable DeFi and market trend insights, using CUTO tokens for transactions.
- Farming protocol rewards: Active community members can earn CUTO tokens through participation in farming quests.
The Cutoshi presale has already outperformed expectations, with stage 2 nearing $1 million in funding. Early investors have seen a 46% return on investment (ROI), and with the upcoming CoinMarketCap listing, the presale is expected to gain even more momentum. CUTO has a strong potential to outperform meme coins like Bonk, Popcat, and Dogwifhat in Q1 2025.
Avalanche Foundation Launches Visa Card
The Avalanche Foundation has recently partnered with Visa to introduce the Avalanche Card, a new crypto payment solution designed to bridge the gap between digital assets and real-world transactions. The card will support a range of digital assets, including Circles USDC, WAVAX, and sAVAX, allowing users to make purchases anywhere Visa is accepted.
Available in both physical and virtual forms, the Avalanche Card is linked to a self-custodial wallet with a unique address for each asset. This gives users full control over their cryptocurrency funds while making it easy to spend them in everyday transactions.
Despite a recent 8% drop in the price of Avalanche (AVAX) over the past 24 hours, trading volume has surged, fueled by the announcement of the Avalanche Visa Card. Crypto analyst Kripto Pratic has predicted that if AVAX closes the week above $35, it could initiate a new uptrend that may push the price toward $40.
Why Cutoshi Could Set New Price Records in Q4
The biggest concern for many investors in meme coins is their lack of utility, which often leads to pump-and-dump schemes. However, Cutoshi is addressing this issue with its robust ecosystem, offering unique tools like the multichain DEX, an educational platform, and a farming protocol.
These utilities, combined with the current momentum in the presale, make CUTO a promising token in the coming weeks. Additionally, Avalanche’s recent partnership and the anticipated price surge in AVAX could further bolster investor confidence, pushing the price of CUTO and AVAX to new highs in Q4.