Shiba Inu Coin Price Prediction October 2024: Why SHIB Traders Are Also Buying Cutoshi

Bianca Carvalho
By Bianca Carvalho Add a Comment 1
3 Min Read

With the FED slashing interest rates and the U.S. election — dubbed the “crypto election” — just around the corner, market conditions are heating up for meme coins. Shiba Inu (SHIB) may still be the talk of the town, but Cutoshi (CUTO) is quickly becoming the new hybrid coin on the block that everyone’s watching. 

Priced at just $0.022, Cutoshi has already raised over $400K in its presale, and traders are scrambling to grab a piece before this meme coin blows up.

Is Shiba Inu Heading For Another Bull Run This October?

Shiba Inu boasts a solid 30% price jump over the past month. Analysts are still optimistic about its long-term prospects, pointing to the $0.00002 resistance zone as a key level where sellers are likely to step in over the next few weeks. Also, Wall Street buzzes with rumors of a potential Shiba Inu ETF, which, if approved, could send the price rocketing even higher.

Breaking out of a bullish reversal pattern, SHIB’s recent uptrend has sparked fresh excitement. It’s still 80% off its all-time high of $0.00008616, but with September’s rally in the rearview mirror, many investors are banking on October delivering even more gains. With a current market cap of $10 billion, Shiba Inu could be on track to retake its previous high.

Why SHIB Traders Are Jumping On Cutoshi’s Hybrid Meme Coin

The crypto market’s buzzing with excitement, and meme coins are leading the charge. But while Shiba Inu holders are waiting for the next big breakout, a new meme coin could see the explosive growth of SHIB in its early stages: Cutoshi. 

This DeFi-powered meme coin is combining the viral magic of meme culture with the transformative potential of decentralized finance. 

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Cutoshi’s appeal is simple: it’s not just riding the meme hype, it’s also tapping into DeFi. With the Cutoshi Learning Academy, you’ll even get the tools to understand the crypto world better and make informed decisions.

Cutoshi farming, a reward system where users can earn even more by completing quests and challenges, and winners and early token holders will receive NFTs in return. With all these features and a capped supply of just 440M tokens, Cutoshi is laying the foundation of a fruitful platform for everyone involved.

Experts are already predicting this coin could grow 100x once it hits the exchanges, easily outperforming SHIB in the process. Currently trading at $0.022, Cutoshi could be the next meme coin to reach $1. Overall, CUTO could be the dark horse in the crypto market with the Chinese Lucky Cat bringing good luck and fortune to your digital wallet.

For more information on the Cutoshi (CUTO) Presale:

https://cutoshi.com

Join and become a community member: 

https://twitter.com/CutoshiToken

https://t.me/cutoshi

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Disclaimer

The price predictions and financial analysis presented on this website are for informational purposes only and do not constitute financial, investment, or trading advice. While we strive to provide accurate and up-to-date information, the volatile nature of cryptocurrency markets means that prices can fluctuate significantly and unpredictably.

You should conduct your own research and consult with a qualified financial advisor before making any investment decisions. The Bit Journal does not guarantee the accuracy, completeness, or reliability of any information provided in the price predictions, and we will not be held liable for any losses incurred as a result of relying on this information.

Investing in cryptocurrencies carries risks, including the risk of significant losses. Always invest responsibly and within your means.

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Bianca Carvalho is a leading expert in digital marketing and content management with over 15 years of professional experience. Based in Lisbon, Portugal, Bianca has collaborated with both local and international brands to develop and implement effective marketing strategies. She has excelled in roles such as Digital Marketing Director, Content Strategist, and Senior Copywriter.Bianca is renowned for her leadership skills, having managed teams of up to 50 marketing and content professionals. She specializes in creating and executing comprehensive content strategies, producing various types of content including blog posts, whitepapers, case studies, and social media content. Her expertise extends to content management systems like Drupal and project management tools such as Asana, Slack, and Monday.com.Fluent in Portuguese, English, and Spanish, with a working knowledge of Italian, Bianca is also highly skilled in media production. She has worked on several high-profile advertising campaigns across Europe, enhancing her creative abilities and her capacity to manage complex projects under tight deadlines.In her personal life, Bianca enjoys exploring new digital trends, attending industry conferences, and spending quality time with her family. For more information and to view her portfolio, visit Bianca’s personal website or connect with her on LinkedIn.
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