Meme coins have been among the top-performing coins in the market this year, with Dogwifhat and Bonk setting new price records. However, Neiro, the Ethereum-based meme coin, is growing to become one of the leading meme coins, with massive rallies in the past week. A crypto analyst, Crypto Noan, thinks that Neiro coin has the potential to pump like Turbo in the coming weeks.
Cutoshi is another meme coin that has received favorable projections from analysts. The Ethereum-based meme coin has raised close to $500k in the presale, signaling massive acceptance in the market. Unlike other meme coins with no use case, Cutoshi is a project with a clear road map driven by the robust ecosystem, which is designed to bring DeFi closer to the masses.
Cutoshi – An Ethereum-Based Coin Tipped For 50x In Q4
Cutoshi blends DeFi functionalities with memeFi to achieve a hybrid ecosystem. Inspired by the traditional Chinese Lucky Cat, believed to bring good fortune and wealth to people, Cutoshi aims to bring luck, wealth and prosperity to investors’ digital assets while following the teachings of legendary Bitcoin founder Satoshi Nakamoto.
By combining the Chinese Lucky Cat with Satoshi Nakamoto’s teachings of decentralization, privacy and monetary freedom, Cutoshi is developing an ecosystem where investors have decision-making powers and control.
At the heart of the ecosystem is Cutoshi DEX, a non-custodial multi-chain DEX that connects various blockchains, making it easier to trade and swap assets seamlessly. There is also the farming mechanism, in which users are rewarded for completing quests. Another notable feature is the Cutoshi Academy, which aims to educate people about DeFi and cryptocurrencies.
Currently, at stage 2 of the presale, CUTO, the native token, is sold for $0.022. Early buyers who joined in stage 1 have seen an ROI of over 46%. The token has a limited 440M total supply, with 55% already allocated to presale. Coupled with the deflationary nature with a buy-and-burn mechanism, analysts believe the Cuto price will hit 50x before the end of 2024.
Neiro Price Analysis — Analyst Makes Bold Neiro Prediction
Neiro, the Ethereum-based meme coin, could flip rival Solana meme coins in the coming weeks. The meme coin, which is compared to Dogecoin, has been one of the top-performing coins of the past week. According to CoinMarketCap, Neiro’s price has surged by 87% in the past 7 days and looks set to retest the $0.14 mark, which it last tested in mid-September.
Popular crypto expert Crypto Nathan believes that the Neiro token will follow the trajectory of Turbo, which has witnessed over 12,000% rallies in the past year. Meanwhile, another analyst, Kimz, in a post on X, questioned the possibility of the Neiro market cap hitting $4B in the coming weeks. Given the rising momentum, analysts are optimistic that Neiro MACP will hit $1B soon.
Source: Kimz on X
So far, the technical analysis shows that Neiro has flipped the 50-day SMA and could surpass the 200-day SMA soon. However, the 14-day RSI is 66, signaling it is approaching the overbought zone. Even so, if the meme coin can move past resistance at $0.15, it could hit $0.18 or $0.24 in the coming weeks. As such, Neiro and Cutoshi are backed to lead the next market rally.
Why Neiro And Cutoshi Will Lead The Next Market Boom
With the crypto market tilting to the bulls, the next crypto market rally might be on the horizon. Given that meme coins have led the market boom in 2024, analysts are optimistic that Neiro and Cutoshi will witness huge rallies soon. Meanwhile, with Cutoshi in presale, investors have limited opportunity to accumulate it before it hits exchanges.
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