With the uncertainty surrounding meme coins in the crypto market, some investors are already looking for a better option. While Dogecoin whales have bought more than a billion $DOGE according to Ali charts, another DOGE millionaire has decided to offload $100k worth of $DOGE for Cutoshi and Pepe Unchained.
Although Cutoshi and Pepe Unchained meme coins are still on presale, some investors think Cutoshi could offer more in the short and long term based on the amazing ecosystem loaded with useful features and tools that will increase DeFi adoption. As such, experts tip CUTO for 40x before December. More details below.
Cutoshi Emerges as a Top Pick for Crypto Investors
It’s a new dawn in the DeFi space, as Cutoshi is set to unleash a next-generation ecosystem with a multichain DEX designed to enhance cross-chain asset swapping while offering privacy and security. Unlike meme coins like Dogecoin and Dogwifhat with zero use case, Cutoshi has a strong utility with the CUTO token used for transactions in the academy.
Inspired by the Chinese Lucky Cat and Satoshi Nakamoto’s teachings, Cutoshi is poised to please investors by offering them many opportunities to grow their wealth while enhancing their knowledge of cryptocurrencies. Cutoshi hopes to achieve this through its innovative ecosystem, which includes features such as Multichain DEX, Academy, and farming protocol.
Through the Cutoshi academy, investors can develop their knowledge of the crypto market, including trading. Users will also learn about DeFi. As such, Cutoshi is bringing DeFi closer to the masses. The farming protocol is another amazing feature, which is structured to offer rewards in the form of tokens to investors who complete certain quests and challenges.
Meanwhile, Cutoshi has already surpassed expectations as it raised $285k within a short timeframe. As of now, the $CUTO token is sold at $0.015 and is pegged at 440M total supply. This affordable rate and exciting features are why investors should jump on this token now, as a price surge will happen soon.
Analyst Stays Bullish on Dogecoin Following Breakout
Dogecoin’s (DOGE) negative trend is gradually reversing, as the current price movement shows. CoinMarketCap data shows Dogecoin price jumped by 6% in the past few days after plunging 12% in the past week. This is positive news to Dogecoin holders who expect a positive rebound.
As per Trader Alan, a crypto analyst, Dogecoin is testing the descending triangle after breaking out. Alan noticed that the RSI has a lower low while the $DOGE coin has a higher low position. As such, the analyst further advised holders to understand the technical analysis and remain confident about Dogecoin.
Meanwhile, Dogecoin’s technical indicators are not looking good despite recording 17 green days in the past month. Dogecoin market sentiment remains bearish. With a fear and greed index of 41 (fear), Coincodex projects the price of Dogecoin will drop by 13% in the short term. However, with the increasing accumulation by whales, a reversal is possible soon.
Investors Flock to Pepe Unchained, As it Surpasses $17m in Presale Funding
Pepe Unchained (PEPU) is one of the top crypto projects that has gotten much buzz. It has recently managed to surpass $17 million in presale after some months. Very few memecoin projects have been able to succeed like this coin.
Market data shows a major whale accumulation is behind this milestone success. This whale made a huge purchase of $51k on Ethereum in the past few days. This isn’t the first time whales have invested massively in the Pepe unchained coin. In September, two whales bought $56k and $25,990 worth of $PEPU tokens. There are also rumors linking Ethereum co-founder Vitaly Buterick to the purchase of large PEPU tokens.
Moreover, Pepe Unchained coin price is $0.0991, which is considered a bargain across the market. With the insane rewards offered and a novel blockchain, the Pepe unchained token is a crypto worth exploring today.
Which Memecoins Could Be Smart Investments for the Year?
While many meme coins are still struggling in the market, there are a few that could be smart investment choices. Cutoshi, Pepe Unchained, and Dogecoin are Memecoins tipped for great success this year.
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