With speculation of an upcoming market rally, several crypto traders have beamed their searchlight on potential meme coins. Dogecoin, one of the three most popular memecoins, has seen massive traction. An expert on his X handle states that Dogecoin whales have bought over 1.40B $DOGE worth around $140M in the last 48 hours in anticipation of a bull run.
Meanwhile, it isn’t just Dogecoin that is on a positive momentum; Cutoshi and Brett are also showing a strong upward trend. However, unlike Brett coin, Cutoshi is coming up with a unique ecosystem that will boost DeFi adoption. Read more below.
Why Cutoshi could be the Next Big Thing in the Crypto World
Cutoshi (CUTO) is an Ethereum-based meme coin that is making waves in the market. Although new, Cutoshi is showing signs of becoming the hottest cryptocurrency around. Unlike Dogecoin and Brett, Cutoshi doesn’t revolve around hype and speculation alone, it is a tribute to decentralized finance, integrating the values of decentralization, privacy, and monetary freedom.
These are the core visions of Bitcoin founder Satoshi Nakamoto. In the past, people placed the Chinese Lucky Cat in their homes to maximize its power. Combining the Lucky Cat with Nakamoto’s vision, Cutoshi is developing an ecosystem that gives full power to its users. Backing these ideas are Cutoshi Farming, NFT, and a unique multi-chain DEX exchange.
The Cutoshi ecosystem is powered by the CUTO token, the primary vehicle used to share rewards, cashback, and promotional offers. The token is sold for just $0.015. One of the unique things about the CUTO token is the limited 440M total supply which will lead to scarcity and value appreciation in the future.
Meanwhile, Cutoshi is a deflationary token with 7% of the total supply mapped out for burning. With the limited supply and the deflationary approach, experts tip the coin to hit $0.05 in Q1 of 2025. As such, now is the best time to invest. As it is well known, early investment in solid projects is where significant gains can be made.
Expert Predicts Bullish Breakout for Dogecoin
Dogecoin (DOGE) is beginning to see some resurgence after some time in the corrective phase. So far, Dogecoin has broken through the $0.111 resistance stage, where more than 62k addresses hold more than 36 billion Doge tokens, as per Ali Martinez. The popular crypto analyst is of the opinion that if DOGE can hold the position, a bullish breakout is on the horizon.
Meanwhile, Dogecoin’s trading volume has continued to rally and could hit $1B in daily market activity in the coming days. Already, Dogecoin has surpassed the $0.1130 resistance zone. The last time the meme coin achieved such a feat was in July when the DOGE price peaked at $0.14. Some analysts, like Ali Martinez, believe the Dogecoin price could hit $0.150 very soon.
Meanwhile, key technical indicators such as moving averages are showing strong buy signals with the MACD level (12, 16) flashing buy signals. Popular crypto prediction platform, Digitalcoinprice, in their Dogecoin price prediction estimates it to hit $0.25 in 2024, making it a meme coin investors are keeping tabs on.
Brett Teams Up with CoinRabbit Boosts Rally
Brett (BRETT) is forming strong partnerships with top firms around the world to enhance its growth potential. One such partnership is the deal with CoinRabbit, which is meant to help sustain its bullish run. With this, the Brett ecosystem will offer better deals to users.
Going forward, the Brett coin has recorded a 14% gain in the last week, as per CoinMarketCap. Also, the Brett market cap is making a move towards the $1B mark with analysts projecting a rise to $2B in early 2025. All these showcase growing investors’ confidence in the meme coin.
Meanwhile, the technical indicators show that the market sentiment is bullish with the Brett Fear and Greed index showing (50) Neutral. The meme coin is trading above the 50-day SMA with Coincodex bullish on its long-term prospect. The analysts in Coincodex see the Brett price gaining 230% in the coming weeks.
Which Coins Are Showing Upward Momentum Today?
While memecoins are rising, only a selected few are worth investing in. Top among the list are Cutoshi, Dogecoin and Brett, which are showing positive signs.
For more information on the Cutoshi (CUTO) Presale:
https://cutoshi.com/
Join and become a community member:
https://twitter.com/CutoshiToken
https://t.me/cutoshi
