Pepe Coin has witnessed impressive performance in the past month. While there has been a 40% downturn from its peak, the popular meme coin has increased by over 20%, propelling its market capitalization to reach over $4 billion. Per its technical analysis, Pepe Coin is primed for a new all-time high.
Another token primed to achieve a peak price uptrend is Cutoshi (CUTO). Smart investors are moving their positions in readiness for a potential rally. Notably, its MemeFi appeal has drawn considerable interest at its ongoing presale, which has raised over $540K at stage two.
Cutoshi’s MemeFi Appeal Draws PEPE Investors
Cutoshi has witnessed considerable interest at presale due to its impressive market performance and unique hybrid MemeFi protocol. It has already delivered a 46% ROI to its early adopters from its initial offering of $0.015 to its current price of $0.022. Moreover, the project has raised over $540K and secured a CoinMarketCap listing. These groundbreaking milestones have caught the eyes of investors.
With the Lucky Cat as its mascot, Cutoshi wants to tokenize good fortunes and bring them into the blockchain. It adopts Satoshi Nakamoto’s vision of blockchain technology to build an ecosystem established on decentralization, privacy, and monetary freedom. The ecosystem houses superior features, including a DEX platform and yield token farming protocol where users earn more token rewards when they complete quests. Additionally, it will host a learning academy that will bridge the knowledge gaps in DeFi and cryptocurrency and create awareness about the project.
What’s more interesting is Cutoshi tokenomics. Notably, its native token is deflationary, meaning it will foster scarcity in the ecosystem. This move will increase the demand for CUTO tokens, which could further trigger increased buying pressure. This, coupled with a total supply cap will cement its position in long-term value appreciation. With this, Cutoshi has positioned itself to mirror the price trajectory of popular meme tokens like Pepe Coin.
Can PEPE Market Capitalization Reach $10 Billion?
As the meme coin market prepares for a resurgence, Pepe’s price is set to add significant gains to its market capitalization. Despite paring off some of its gains on its daily time frame, the Pepe token has increased its value by over 20% on its monthly charts. According to CoinMarketCap, the Pepe token is trading above its 10-day simple moving average and the 50-day exponential moving average.
This reflects continuous bullish sentiment, suggesting that the meme coin remains in a strong position. Moreover, the PEPE token is preparing to test its upper critical resistance level. If the token breaches above this point, Pepe could record a pump. The green arrows on the charts highlight a potential green path for the third largest meme coin by market capitalization.
Source: TradingView
As such, analysts have made cautiously bullish PEPE price predictions. They see the meme coin potentially reaching the $10 billion market capitalization in the next few years. On the flip side, if the PEPE coin fails to close above this critical resistance level, it will slip down to its lower key support of around $0.0000055. Pepe coin, therefore, offers an intriguing opportunity to buy the dip for a greater return in the coming months.
Can Cutoshi Outperform Pepe Coin In The Next Rally?
Unlike Pepe Coin, whose price action is primarily driven by hype, Cutoshi has combined this aspect with a superior hybrid protocol. Its diverse market appeal could trigger massive adoption, and it has the strong potential to outperform popular PEPE.
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