Interest in Bitcoin is waning as more investors flock towards meme coins. According to Murad, a reputable memecoin analyst, a gigantic meme coin cycle is coming, which will onboard millions of people to crypto, wallets, stablecoins, DeFi, amongst others.
For investors who wish to benefit from the upcoming bull cycles, Cutoshi, Bonk, and Floki Inu are among the meme coins picked to spearhead the next bull season. Bonk is already showing signs of an imminent breakout, whilst demand for the CUTO presale token is on the rise. The Floki ecosystem has continued to witness upgrades.
Cutoshi Challenges Bonk And Floki Inu’s Dominance Despite Bullish Momentum
Cutoshi (CUTO) is among the latest meme coins making impressive waves in the market. What makes Cutoshi different from other meme coins is that, unlike Bonk, which thrives on hype, Cutoshi has utility. Inspired by Satoshi Nakamoto’s visions for blockchain technology, Cutoshi focuses on financial freedom, decentralization, privacy and security.
The main attraction of the Cutoshi ecosystem is the non-custodial multi-chain decentralized exchange (DEX). The Cutoshi DEX allows users to swap tokens across multiple blockchains securely. As an Ethereum-based coin, Cutoshi benefits from the blockchain’s scalability and security features.
Cutoshi also has a learning academy where knowledge about DeFi and crypto will be taught. Users will earn extra tokens via Cutoshi Farming when they partake in quests and quizzes. Notably, the native utility token CUTO serves various purposes in the ecosystem. It is used as a trading discount in the DEX and to access exclusive materials in the academy.
With the recent listing on CoinMarketCap, traders can learn more about the project. At the ongoing presale, Cutoshi has raised almost $500K with the CUTO token sold for $0.022. Having moved from the initial $0.015, early buyers have made 46% gains. With the CMC listing and the strict 440M total supply, experts project a 50x growth before 2024 ends.
Bonk Poised For Breakout Despite Bearish Sentiment
Bonk (BONK) price action has slowed down after positive price movements in the past 7 days. CoinMarketCap stats report over 12,700% rise in the Bonk price over the past 12 months. Meanwhile, the Bonk market cap is hovering around $1.75B from less than $1B earlier in the year. The daily trading volume has also spiked in recent weeks.
Meanwhile, the Bonk token has broken out of a symmetrical triangle pattern and is now trying to retest it according to Rose Premium Signals. If the bounce occurs, the investor believes we might see Bonk push towards $0.00002600, $0.00003400, and $0.00004300 targets.
Source: Rose Premium Signals on X
Despite still being in the dip, key market indicators are quite impressive. While the daily RSI signal is 57, not in the overbought zone yet, the moving averages are green. Although the Bonk market sentiment is bullish, it still needs to clear the resistance zone of $0.00002442 to confirm bullish sentiment. Coincodex projects a huge 227% price increase in the short term.
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Floki Price Prediction: Can FLOKI Attain $0.001 This Year?
Market data shows that Floki’s (FLOKI) price has surged by 750% in the YTD price metri
cs, indicating its bullish momentum in the past months. Zooming in, the token price has increased by 14% in the past month with the Floki trading volume also rising in recent days, triggering expectations of a market rally.
According to top crypto analyst Bitcoin Meraklisi, a beautiful symmetrical triangle has formed in the daily Floki price chart. The analyst thinks a breakout will quickly push the Floki token towards the $0.00016922, $0.00020591, or $0.00031696 price point in a short time frame.
Source: Bitcoin Meraklisi on X
Meanwhile, Floki is trading above the 50-day SMA, with a 7% price volatility. Also, Floki has recorded 16 green days in the past month, which shows its bullish momentum. If the buyers can push the Floki coin above the current resistance zone, it could hit the above marks soon.
What Are The Top Meme Coins To Watch For Potential Value Increase By 2025?
Meme coins are showing great price movements towards the end of the year, with Bonk and Floki leading the pack. This has excited meme coin investors seeking to multiply their wealth. Although these meme coins are tipped for huge growth in Q4, Cutoshi might outrank them. The recent listing and the robust ecosystem will likely push CUTO token adoption in presale.
For more information on the Cutoshi (CUTO) Presale:
Join and become a community member:
https://twitter.com/CutoshiToken
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