According to IntoTheBlock, there has been a noticeable surge in short-term trading activity involving meme Coins. This post revealed that Dogecoin (DOGE) has recently been the most frequent choice of short-term traders, with other meme coins getting much less attention. This comes at a time when Dogecoin price is trying to retest the $0.115 mark.
Alongside the meme coin momentum, the Cutoshi presale has also gained industry experts’ attention. Many foresee a price trend similar to Dogecoin’s, with 100x gains already predicted. The Ethereum-based utility token has already surged from its starting price of just $0.015 to $0.022 (a 46% jump) in just a few weeks.
Cutoshi: A Hybrid Utility Token Already Offering 46% ROI to Its Early Investors
Cutoshi (CUTO) is one of the unique tokens that might redefine the meme coin space as we know it. The Ethereum-based token has infused serious DeFi tools into a meme-inspired token to bridge the gap between viral appeal and practical functionality. The Cutoshi’s Chinese Lucky Cat mascot will serve as the nod to decentralization principles and good fortunes, as championed by the legendary Bitcoin founder Satoshi Nakamoto.
This unique ecosystem has made it easier for Cutoshi to garner immense interest. At the core of the Cutoshi ecosystem is its multi-chain DEX, which will allow users to swap assets easily across different blockchains. Moreover, the Cutoshi farming will offer its community a new way of earning by completing quests and claiming rewards.
The Cutoshi Academy will offer comprehensive courses regarding DeFi and blockchain concepts for both new and seasoned investors, ensuring an informed user base crucial for long-term success. With a current price of $0.022, CUTO is already offering a 46% ROI to its early investors.
Dogecoin Price Eyes A 200% Surge
According to crypto analyst Ali Martinez, Dogecoin (DOGE) is set to repeat its bullish history. The analyst highlighted that the Dogecoin price is coming out of a multi-year descending triangle that could see the token record a 200% surge before recording a 60% retracement followed by another bull run.
This move has seen large Dogecoin whales accumulate a significant 2.07B DOGE within a week, according to IntoTheBlock. This is the biggest DOGE token purchase since January 2024. Dogecoin price currently trades at $0.108, which represents a monthly surge of 7%.
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Source: CoinMarketCap
Moreover, according to analysts’ price prediction for Dogecoin, the meme coin is looking to retest the $0.115 price mark. Dogecoin’s 50-day simple moving average is $0.10580, and the Fibonacci sequence suggests a long-term growth momentum.
Which Top Meme Coin Will Record The Most Returns?
As Dogecoin continues to showcase its value in the current market, investors seem to be attracted to Cutoshi’s impressive potential to earn the most returns. Its strategic price surge with every presale stage presents an intriguing chance for crypto traders to earn maximum returns.
For more information on the Cutoshi (CUTO) Presale:
Join and become a community member:Â
https://twitter.com/CutoshiToken
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