The memecoin market performance has been exceptional this year. At one time, the meme coin market cap rose to over $60B in market cap fueled by the massive adoption of Solana-based coins. Shiba Inu, the popular Ethereum-based meme coin, has surpassed the $0.000019 mark for the first time since July to confirm bullish momentum.
Meanwhile, Dogecoin and Cutoshi are not left behind. DOGE price movement suggests that the meme coin could hit $0.150 before slowing the ongoing bullish momentum. Regarding Cutoshi, analysts believe the limited 440M supply could make it a direct rival to established meme coins such as Dogwifhat and Bonk.
Why Cutoshi Will Rival Top Meme Coins in the Coming Months
Cutoshi is a new Ethereum-based meme coin that is touted as a direct rival to popular meme coins such as Shiba Inu and Dogecoin. Outside of the limited token supply, the Cutoshi token is a deflationary token with a buy-and-burn mechanism. This mechanism is designed to keep the supply in check and boost the price in the long term.
The Cutoshi project was inspired by the traditional Chinese Lucky Cat and the teachings of Bitcoin founder Satoshi Nakamoto. Combining Nakamoto’s original visions of blockchain technology which are decentralization, privacy, and monetary freedom with the Chinese Lucky Cat, Cutoshi is building a platform where users have decision-making powers over their assets.
Meanwhile, the Cutoshi ecosystem comes with amazing tools such as a multi-chain DEX exchange which solves issues of privacy and security encountered in CEX exchanges. Also, the new DEX will allow easy swapping of assets across blockchains. Other tools in the ecosystem are Cutoshi Academy, Farming, NFTs and Merch.
Powering the Cutoshi ecosystem is CUTO, the native utility token. It serves as a means to distribute rewards, cash back, etc. While at stage 1 of the presale, the CUTO token is sold for just $0.015. Notable analysts who have reviewed the project believe a rise by 233% to $0.050 is possible before the end of 2024, making it a project not to overlook.
Shiba Inu Price Prediction – How High Can It Go?
The Shiba Inu token has made a strong comeback in the last 24 hours, the highest since July. Market data suggest that over 50% of Shiba Inu holders are profitable at the current price, which shows strong investors’ confidence in the project. With the recent surge, the Shibarium fees have increased significantly in the past few days, indicating that the network is seeing more activity.
On-chain analysis of the market data from CoinMarketCap shows that the Shiba Inu price has increased by 36% in the past week as the market cap supersedes the $11.5B mark. According to on-chain market tracker Santiment, Shiba Inu whale transactions and social dominance have spiked to a 10-week high, signaling that the FOMO toward the meme coin is high now.
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In their Shiba Inu price prediction 2025, experts at Ambcrypto think that the price will reach $0.000022 in 2025. With the growing market activity, the Shiba Inu coin might retest the $0.000021 next resistance trendline soon.
Is Dogecoin Primed for the Next Resistance at $0.133
Dogecoin has continued its uptrend and looks towards breaking the $0.133 mark in the coming days. Crypto analyst Master Kenobi, in a post on X, highlighted some levels to keep an eye on before a breakout. Meanwhile, CoinMarketCap data revealed that Dogecoin trading volume has surged to a record $1.4B in daily trading activity.
The popular meme coin has gained 15% in value in the past week, with the Dogecoin market cap hovering over $18B. Some analysts believe that with more efforts from the bulls coupled with the overall bullish market trend, the Dogecoin price will hit $0.150 in October.
Going forward, over 15 key market indicators are bullish with the coin trading above the 50-day EMA and 200-day EMA. However, Coincodex Dogecoin price prediction is lower with the platform projecting a drop to $0.10 in the coming weeks. This has pushed investors to diversity to promising cryptos such as Cutoshi.
Which Meme Coin Will Offer More Gains in 2025
The meme coin market thrives mostly on hype and a growing market trend. However, previous records show that smart whales have benefited from the hype. Although Dogecoin and Shiba Inu are on an uptrend, Cutoshi could offer more due to the unique features of the ecosystem.
For more information on the Cutoshi (CUTO) Presale:
Join and become a community member:
https://t.me/cutoshi
https://twitter.com/CutoshiToken
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