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.
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.
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