The crypto market is gearing up for a bullish Q4, with Bitcoin on the path to breaking out of a crucial resistance zone. Other popular meme coins, like Pepe, are also showing bullish momentum, which might see the meme coin retest the all-time high record it set earlier in the year.
Amid the renewed interest in meme coins, Cutoshi’s ongoing presale has witnessed massive adoption, with over $550K. With its goal of enhancing DeFi adoption through the sophisticated Cutoshi ecosystem, there are high expectations of Cutoshi’s price hitting the $1 mark in the coming months.
Cutoshi Platforms Hybrid Crypto Token Projected For Massive Gains In The Coming Months
Unlike other meme coins like Pepe with no clear utility, Cutoshi is a DeFi hub, a meme coin with a fully stack ecosystem. The Cutoshi project was developed to follow core DeFi principles, which are privacy, freedom, anonymity, and monetary empowerment to the masses. The aim is to promote DeFi and bring DeFi closer to the people through the Cutoshi ecosystem and memeFi token.
The Cutoshi ecosystem hosts unique tools such as a non-custodial multichain decentralized exchange developed to bring blockchains together and allow for on-chain swapping of digital assets. This solves issues of security, privacy, and asset bans encountered in CEX exchanges. Another notable feature is the educational platform developed to boost users’ knowledge of DeFi and cryptocurrency.
To boost their portfolio, users can engage in quests, collect points, and redeem them for CUTO tokens through the unique farming protocol. The memeFi token, CUTO, is used for transactions on the academy and also as a trading discount in the DEX. All these are designed to increase the demand for the token and boost the price in the long term.
Meanwhile, the Cutoshi token has secured CoinMarketCap. This is expected to increase buying pressure, which could trigger rallies in the coming months. At $0.022, traders can purchase CUTO at the ongoing stage 2 of the presale. With the limited 440M total supply, Cutoshi could hit $0.1 in Q4 and $1 in 2025.
Pepe Price Movement Signals Strong Bullish Trend Ahead
Pepe (PEPE) is among the leading meme coins in the market, with a positive price trajectory in recent times. Pepe’s year-to-date price metrics show a 902% increase in Pepe value in the past year as per CoinMarketCap. A slight 2% dip in Pepe coin price in the past 7 days has a minimal effect on the bullish momentum of the coin.
However, according to Man Of Bitcoin, a crypto analyst on X, Pepe’s price is going up in a corrective wave pattern, which makes the bullish rally unreliable. The expert suggests that as long as Pepe’s price stays below $0.00001369, it could drop further to $0.00000481.
Source: Man of Bitcoin on X
Meanwhile, Pepe coin trading volume has increased by 42% to $664M in daily trading activity as the meme coin looks to bounce back towards the $0.000011 mark. Although the market sentiment is bearish, Pepe is still trading above the 50-day SMA and 200-day SMA, a signal of the impending market rally.
What Are The Best Coins For Investment In Today’s Market?
The crypto market is full of many high-yielding cryptocurrencies. However, investors need to do in-depth market studies, following trends and analysts to locate profitable cryptos. While Pepe might experience a slight dip before resuming its bullish rally, Cutoshi’s surging momentum is a clear indication of what is to come in the future. Looking at the unique features in the ecosystem, there are high chances of the CUTO price attaining the $1 mark in early 2025.
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