Retail investment platform Robinhood has made a significant leap, expanding its crypto offerings by unveiling new features at its inaugural HOOD Summit. Robinhood announced its entry into the cryptocurrency derivatives market by introducing Ethereum and Bitcoin futures trading. Other features promised by Robinhood include the removal of pattern day trading and the 24-hour trading window, allowing increased flexibility in futures trading.
Cutoshi, on the other hand, has managed to get a CoinMarketCap listing in just stage two of its presale. The meme coin is set to restore Ethereum-based tokens to the map with a high potential for further gains due to its DeFi ecosystem and token scarcity.
Cutoshi Unconventional DeFi Ecosystem Could Rank It As A Top Meme Coin
Cutoshi seems to be attracting more attention as the next hybrid MemeFi hub, blending the allure of a fun meme coin with the unique power of DeFi. With inspiration from the Chinese Lucky Cat, the project aims to bring prosperity, luck, and success to investors’ digital asset portfolios.
Similarly, Cutoshi also adopts Bitcoin founder ideals by championing ultimate decentralization, monetary freedom, and privacy. All these aim to generate a strong community-based ecosystem. Moreover, the Cutoshi ecosystem also features a multi-chain DEX, where users can effortlessly swap assets across various blockchains in a secure yet private platform, saving money and time.
The Cutoshi utility token has grown impressively from a starting price of just $0.015 to its stage two presale price of $0.022. This uptrend has been attributed to CUTO’s built-in scarcity and the meme coin’s growing interest, which could see the token record strong gains this month.
Robinhood Expands Crypto Offering
Robinhood recently expanded its crypto offering to bring futures trading to users with the lowest fee structures in the industry. The retail investment platform also launched the long-awaited desktop trading platform Legend.
The platform was designed to enhance the trading experience with advanced tools. Legend will also allow users to view up to eight charts at a time in a single window, providing more detailed analysis compared to what’s currently available on competing platforms. This move will cater to more experienced traders who need in-depth charting tools and technical indicators for better decision-making.
This recent announcement follows Robinhood’s push into the European crypto market, where traders can transfer more than 20 different cryptos. Nonetheless, tokens such as ATOM and XRP have been excluded from the service. This move by Robinhood showcases how critical crypto has been to the platform’s performance, especially in Q2 of 2024.
Is Cutoshi A Better Investment In Q4?
The Cutoshi farming mechanism and an educational academy backed by many features, such as Merch and NFTs, make the project stand out to investors looking to gradually multiply their wealth. Its built-in utility will also ensure a positive trend in Cutoshi’s price performance throughout the year.
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