Venture capital firms have raised over $2.2 billion for crypto startups in 2024. The goal is to support innovative projects that offer value-driving tokenomics and can weather turbulent downturns.
One such project could be Cutoshi, a groundbreaking DeFi platform that merges meme culture with real utility. Internet Computer (ICP) and Aptos (APT) also offer intriguing premises. Let’s see how these projects compare.
Aptos (APT) Surges 38% In 7 Days
Aptos (APT) has been gaining support as the Layer 1 race becomes more competitive. Now that Solana and Ethereum have cooled off, these next few months could prove crucial for Aptos. Aptos is currently selling for $8.21 with a 38% weekly increase in price and a 68% surge in volume with $239 million traded.
Aptos still has a long way to go to reclaim the $19.90 all-time high of early 2023, but investors are more bullish than ever as Aptos is seeing significant progress in the technical department.
Recently, the Aptos Foundation has partnered with The Ignition AI Accelerator to support AI startups in APAC by providing resources, funding, and expertise.
Internet Computer (ICP) Closes In On $10
Internet Computer (ICP) took a severe hit amid the market-wide downturn, with more than 60% of its value wiped out after it found a yearly peak at $19.05. However, Internet Computer has broken out of its range with a 17.9% price increase over the last week and Internet Computer is now selling for $9.24 with $149 million in intraday trading volume.
Internet Computer’s rise was partly fueled by presidential candidate Kamala Harris’s statements regarding her commitment to be a tech-friendly president who will “encourage innovative technologies” like AI and digital assets.
This, in turn, has led to rallies among AI-focused projects like Internet Computer.
Recently, Internet Computer HUB Bulgaria has launched Formation3, a Web3 accelerator on the Olympus platform, designed to support startups in various industries, intending to foster innovation and growth within the ICP ecosystem.
Cutoshi Raises The Bar For Meme Coins
Cutoshi is a DeFi ecosystem inspired by the Chinese Lucky Cat. It wants to bring good fortune and massive profits to its rapidly growing community while revolutionizing the meme coin industry.
Cutoshi bridges the gap between major blockchains and allows users to swap instantaneously between them for just a 0.25% fee. Moreover, investors will have the opportunity to earn a real income via Cutoshi Farming, the platform’s yield mechanism. Users can stake the $CUTO token and reap generous rewards. They can also complete various missions and quests to collect points that can be redeemed for extra $CUTO tokens.
Cutoshi focuses on decentralization and privacy and wants to teach newcomers about crypto. This is why the Cutoshi Academy has been established: to assist beginners and make DeFi approachable.
To enhance the Cutoshi experience, NFTs and merchandise will be made available soon. In this way, the project will spread awareness and unite the growing Cutoshi community while expanding and improving the ecosystem.
Stage 1 of the presale is currently underway, with $CUTO selling for just $0.015. This is the perfect opportunity for investors to get involved early in the utility-driven meme coin revolution.
Hundreds of early buyers are joining every day, and experts believe that Cutoshi could soar by 10,000% when $CUTO hits the markets and the bull market is in full swing.
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