The meme coin space is arguably the most volatile terrain in the crypto industry, as the price fluctuates quickly. While the likes of Bonk, Dogwifhat and Popcat have witnessed massive rallies in the past months, some analysts believe the meme market boom is not over yet. SHIB Knight, a meme coin trader, believes dog memes will witness more pumping in this cycle than any other crypto.
Despite this positive news, Shiba Inu’s price has continued to decline as upcoming meme coins such as Cutoshi continue to witness more buying frenzy. Some analysts think the Ethereum-based CUTO token will outperform Shiba Inu and offer higher ROI in 2025. Let’s see what triggered such a prediction below.
Cutoshi Expected To Mimic Pepe’s Price Trajectory
Cutoshi (CUTO) is a new player in the crypto market that has perfectly blended DeFi and MemeFi features together. Global Market Insights, projects the DeFi space to grow by 47.8% by 2032. With the huge projection, Cutoshi is building an ecosystem that will revolutionize the DeFi space and make it more appealing.
The Cutoshi ecosystem is designed to bring DeFi closer to the people while also ensuring full decentralization and financial freedom. One of the main features or tools in the ecosystem is a multi-chain decentralized exchange (DEX) where users can swap assets easily. This will reduce the cost and time of all transactions on the platform.
Aside from the exchange, investors can enhance their understanding of DeFi and cryptos in general in the Cutoshi Academy. Cutoshi farming is an avenue investors can use to increase their portfolio by participating in quests. Following the visions of Satoshi Nakamoto and the Chinese Lucky Cat, Cutoshi’s goal is to bring luck, wealth and prosperity to your digital assets.
Meanwhile, at stage 1 of the presale, CUTO, the native token is sold for $0.015. The white paper shows it has a limited 440M total supply with a deflationary mechanism. Given this, some experts think that Cutoshi could offer more returns than that of Pepe which rallied by over 1000% on Binance listing. As such, analysts project CUTO to hit 500% on listing in Uniswap or other exchanges.
Can Shiba Inu’s Burn Rate Spark A Bullish Trend
Shiba Inu (SHIB) recent burn rate has sparked speculations in the market. According to Shibburn, the Shiba Inu burn rate rose by 445% in the past day. Which means over 2.9M SHIB tokens were removed from circulation. While the Shiba Inu price has surged by 31% in the past month, the meme coin has continued to struggle in the past few days with the market volume depreciating.
However, Cantonese Cat, a crypto expert on X, believes Shiba Inu crypto is showing strength in the weekly chart. The analyst observed a bull market support band being reclaimed which could trigger more rallies. Confirming that is the key market indicators which are flashing buy signals.
As per the technical indicators, the Shiba Inu coin market sentiment is bullish with the meme coin trading above the 50-day and 200-day SMA. The 14 days RSI is at 56, signaling it is not yet in the overbought zone. Although the Shiba Inu Fear and Greed index is neutral, if the meme coin can hold support at $0.000017, the next rebound could push the SHIB price to $0.000023.
Which Cryptos Could Bring High ROI in Q4?
The meme coin space is saturated with thousands of meme coins, but only a handful can yield massive returns. With the surging momentum of Cutoshi in presale and the signs of a rebound for Shiba Inu, these are some of the meme coins to watch out for in the coming weeks.
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