The meme super cycle is on, and numerous memecoins are expected to rise in value this Q4. Crypto Curb, a popular crypto trader, thinks that more than 20 memecoins will hit the billion-dollar market cap club by the end of 2024.
While many experts believe Shiba Inu and Dogwifhat will perform well in the upcoming bull season, Cutoshi’s success in presale hasn’t gone unnoticed. Cutoshi, an Ethereum-based coin, is sailing smoothly in presale, with experts projecting a 100x rise by December.
Cutoshi Could Surpass Shiba Inu And Dogwifhat In Growth Potential By 2025
Cutoshi (CUTO) is a new meme coin built on the Ethereum blockchain. Unlike Bonk and Dogwifhat, which are all about hype and have no solid purpose, Cutoshi is utility-based. Following the principles of Legendary Satoshi Nakamoto for blockchain technology: privacy, financial freedom, and decentralization.
With the Cutoshi DEX model, users can swiftly and securely swap tokens across multiple blockchains. Outside of the low transaction fees, the Cutoshi DEX ensures the security and privacy of investors’ assets while removing the rigorous wallet-linking process. There is also an educational platform where users can learn more about DeFi.
The Cutoshi Farming is another feature that benefits community members with free CUTO tokens. Users who successfully complete tasks and challenges will get extra CUTO tokens. In the future, Cutoshi will share NFTs with most active community members.
At the ongoing stage 2 of the presale, the $CUTO token is sold for only $0.022. So far, early buyers have gotten 46% ROI as the price moved from $0.015 to the current price. While Shiba Inu and Dogwifhat are in the uptrend, Cutoshi’s limited supply and the deflationary nature of the token could drive its adoption with experts forecasting 100x rallies in 2025.
Shiba Inu Burn Rate Hits Record High, Fueling Price Rally
Shiba Inu’s (SHIB) value is projected to increase after the soaring token burn rate. According to Shibburn, 281+ million Shiba Inu tokens have been burned in the past 24 hours. This development has created a huge bullish sentiment on the Shiba Inu ecosystem, which could fuel a price increase.
Having broken out of the fallen wedge pattern in the past few days, crypto analyst Javon Mark projects over 342% rallies in the coming weeks. Moving ahead, another prominent expert, Chiara Promos confirmed that Shiba Inu has broken out of the bullish channel. Chara asked the over 350K followers on X to watch out for the $0.0000186494, $0.0000196923, and $0.0000209399 resistance levels.
Source: Chiara on X
Moreover, Chiara thinks if these zones are cleared, the Shiba Inu price could reach $0.000027 in the coming weeks. Meanwhile, Shiba Inu’s 14-day RSI shows 62, which is a bullish trend, while the price volatility is 12%. Looking at the moving average, Shiba Inu trades above the 50-day SMA and 200-day SMA and could hit a new ATH if it breaks the $0.000018 zone.
Expert Bullish On Dogwifhat’s Prospects Despite Downturn
Dogwifhat (WIF) is a Solana-based memecoin that has shown a bullish outlook in the past few weeks. According to a crypto analyst, Alex Clay, on X, the Dogwifhat coin has crossed out of the Bullish Flag re-accumulation zone and is ready to retest the major supply zone. As per the analyst targets, a breakout could push the Dogwifhat price to $7.210 or $10.280.
Source: Alex Clay on X
Based on CoinMarketCap data, while the Dogwifhat price soared by 70% in the past month, it has dipped by 6% in the past few days. Also, Dogwifhat trading volume and market cap are down after the meme coin was rejected at the $2.80 resistance zone. Even at that, analysts believe Dogwifhat is among the meme coins that will lead this season’s bull cycle.
Meanwhile, Dogwifhat market indicators are flashing buy signals. The market sentiment is bullish, while the fear and greed index is 65 (greed). According to Coincodex Dogwifhat price prediction, the WIF coin price will soar by over 217% in the short term.
Which Coins Can Yield Big Profits in 2024?
Dogwifhat and Shiba Inu have continued on bullish momentum, which has excited many investors. However, Cutoshi still looks like a better bargain than other memecoins, with the fantastic ecosystem, Cutoshi adoption will spike soon.
For more information on the Cutoshi (CUTO) Presale:
Join and become a community member:
Disclaimer: Any information written in this press release does not constitute investment advice. Optimisus does not, and will not endorse any information about any company or individual on this page. Readers are encouraged to do their own research and base any actions on their own findings, not on any content written in this press release. Optimisus is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release.
