As 2024 enters its final quarter, the meme coin industry is poised for a strong finish as several meme coins record significant increases in bullish momentum. A look into the price trajectories of these meme projects shows that top meme coins like Shiba Inu (SHIB) are in strong bullish competition with other high-potential meme projects like Popcat (POPCAT) and Cutoshi (CUTO).
Even though Shiba Inu recorded over 156% growth within the past 12 months, POPCAT and Cutoshi could outshine the token in Q4 with their rallying momentum.
Cutoshi (CUTO) Showcases Significant Milestone Toward Launch With CoinMarketCap Listing
The growing momentum of the Cutoshi (CUTO) project has hit a significant milestone as the token has been listed to CoinMarketCap, one of the largest crypto market data platforms across the globe. The development comes as no surprise as Cutoshi has shown soaring potential and strong use cases in the DeFi ecosystem.
Analysts have noted that Cutoshi will be a significant player in the industry with some of its utilities. Among the many branches of the project’s use cases, the Cutoshi DEX stands out as it facilitates seamless swapping of digital assets across multiple blockchains. Other utilities in the Custoshi ecosystem include the Cutoshi Farming protocol and Cutoshi Academy among others
The Cutoshi presale is an opportunity for investors to purchase the high-potential project. While early investors of the presale have already recorded over 45% ROI, investors who buy now can still benefit from the projected 50x growth of the token in Q4.
That is why at $0.022, investors can buy the token in the ongoing stage 2 of the presale. Notably, Cutoshi has a limited supply with 55% allocated for presale. With the deflationary nature of the CUTO token, investors have limited time to buy it and position themselves for significant growth in the very near future.
Price Trajectory Of Shiba Inu (SHIB) Displays Growing Momentum
Shiba Inu (SHIB) is consolidating its status as one of the most valuable meme coins by market capitalization, having gained over 157% within the last 12 months as per CoinMarketCap data. Zooming in, Shiba Inu’s price has gained 35% in growth within the past month, ensuring that its market cap value maintains support above the $10 billion mark.
Source: CoinMarketCap
While Shiba Inu is priced at $0.000018, the next bullish target for the token will be to establish support above the $0.000020 threshold within the coming days. Also, the technical analysis shows that Shiba Inu is trading above the 50-day and 200-day SMA in the 4-hour timeframe.
This signals the growing momentum of the meme coin. The 14-day RSI in the 4-hour timeline shows 46, signaling that the meme coin is not yet in the overbought zone. With over 326M SHIB tokens burned in the past week, coupled with the ongoing partnerships, investors may see a significant rally in Q4.
Advertisement Banner
Popcat (POPCAT) Set To Round Off 2024 On A Rally
Less than a year since the launch of the Popcat meme coin, the token has already gained over 7,600%, which has seen it break through the $1 mark. The Popcat market cap has also broken past the $1 billion mark and into the top 10 meme coins by market capitalization.
Having recently recorded an all-time high of $1.54, Popcat is retracing to a biddable level of between $1.20 and $1.15. This biddable price level could be a good opportunity for investors to add the token to their portfolio before it embarks on another rally that could see it reach the $2 mark in the coming weeks.
Source: CoinMarketCap
The technical analysis shows that the Popcat token is trading above the 50-day SMA and recorded 18 green days in the past month. The Popcat Fear and Greed index is (71), signaling high interest among investors. With over 20 technical indicators flashing bullish signals, Coincodex forecasts the Popcat price to hit $4 in the short term.
Final Verdict: Best Crypto To Invest In Q4
While Shiba Inu and Popcat harbor significant growth potential in Q4, the soaring potential and momentum of Cutoshi could outshine both tokens. With the recent CMC listing, CUTO could experience more buying pressure. Given the limited supply, the price could skyrocket sooner than anticipated.
For more information on the Cutoshi (CUTO) Presale:
Join and become a community member:
https://twitter.com/CutoshiToken
This is a Crypto Brand Press post. Brand Press is a paid service for brands that want to reach The Bit Journal’s audience directly. The Bit Journal’s editorial team does not create, endorse, or verify the content of Brand Press posts. Any views or opinions expressed in this content are solely those of the advertiser and do not reflect the opinions or views of The Bit Journal. The Bit Journal is not responsible for any claims, errors, or omissions in the content provided. For advertising inquiries, please email . [email protected]
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.
