The race for financial security in the crypto market has become more intense between trading platforms and DEXs. TradFi coins, like DAI, have become investment options even for traders of best DeFi coins like Ethereum.
However, DeFi coins like Uniswap (UNI) are modernizing in terms of development and the new project even corner Cutoshi (CUTO) is expected to be among the top DeFi projects. It will be competitive, as the Cutoshi project aims to have it all by integrating the fun of memes and the Defi utility.
What the new cross-chain feature means for investors UNI Investors
The latest news on Uniswap (UNI) The network is launching a permissionless bridge enabling cross-chain asset transfer on the exchange. Interoperability is the trend in the DeFi world, and Uniswap Labs has pulled out all the stops.
Permissionless bridging enables seamless transfers between nine blockchains, including Polygon, ZKsync, World Chain, Base, Arbitrum, Optimism, Zora, Blast, and Mainnet. Uniswap’s new cross-chain functionality is integrated into the Access Protocol and eliminates the usual challenges that cross-chain transactions face.
Source: CoinMarketCap
The big question for investors is what this means for the UNI Coin Price Prediction? This is undoubtedly a great victory for Uniswap (UNI), and the Uniswap Price is now trading up 6.25% on weekly charts and 6.77% monthly.
DAI: USDS rebranding, Ethereum investments
The MakerDAO community recently underwent a name change, changing its governance token from MKR to SKY and the popular DAI coin to USDS. According to sources in For the community, the name change was intended to make DeFi on MakerDAO (now Sky) more accessible.
The early signs are also commendable, as the USDS token now boasts a market cap of nearly half a billion dollars, showing wide adoption among crypto users. Last week, the Ethereum Foundation liquidated some 100 ETH to DAIgenerating approximately $11.2 million worth of Ethereum which was converted into DAI parts.
The rebranding could be the push Sky needs to become the most traded stablecoin in the crypto market, ahead of Tether, which is under investigation, and Circle.
Cutoshi: The Ultimate Destination for Meme Coin Lovers and DeFi Enthusiasts
Satoshi Nakamoto’s blockchain philosophy promotes decentralization and economic independence. Cutoshi (CUTO), a meme project, seeks to harness the power of Defi and the meme industry community.
Cutoshi offers users a typical decentralized exchange with the full cross-chain exchange suite that everyone gets on platforms like Uniswap. Now meme coin enthusiasts can avoid the heavy traffic on the most popular exchanges while enjoying all the privileges of a top project Challenge.
On the other hand, the Cutoshi community offers a farming option that allows users to accumulate CUTO tokens by completing tasks and challenges. The community also has an academy that teaches Defi enthusiasts how to navigate the industry.
There is growing enthusiasm for the Cutoshi pre-sale. Currently in phase 2, priced at $0.022, the project’s recent listing on CoinMarketCap lends credence to experts’ predictions regarding its potential rise.
Cutoshi’s DeFi features signal a new era for crypto
Uniswap (UNI) And DAI coin (now USDS) have recently undergone massive rebranding, showing improvement. Cutoshi joins the competition, equipped with some DeFi features to give meme enthusiasts more than just a platform to have fun.
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