Showing a current market capitalization of $45.27B, the meme coin market has maintained over 24% increase in the past 30 days. While most of these gains come from the recent rising momentum in top meme coins like Dogecoin (DOGE), presale meme coins are also emerging key drivers behind this trend.
The latest meme coin star, Cutoshi (CUTO) has particularly caught attention largely because of its deviation from the fundamental meme coin standard with DeFi integration. This bold move, coupled with enormous community backing is thought to ignite a similar reaction from other top meme coins like DOGE and PEPE.
Cutoshi Is Fated To Lead Meme Coin Gains in 2024 Due To Its DeFi Attractions
The fast-rising Cutoshi (CUTO) is another unique meme coin with plans to deepen the connection between the meme coin and DeFi market. Pushing a multi-chain DEX platform as its main allure, Cutoshi transcends meme coins by prioritizing decentralization, monetary freedom, and privacy all of which are inspired by Satoshi Nakamoto’s teachings.
Meanwhile, Cutoshi also draws inspiration from the Chinese Lucky Cat, thereby instilling the spirit of wealth, good luck and progress to its members while they maximize their holdings with its farming mechanisms. To be precise, users of Cutoshi can earn more of its $CUTO tokens and even NFT rewards by completing specific tasks and quests.
These attractions have successfully pulled in over $280,000 for Cutoshi’s presale in just a few days. As holders expect $CUTO tokens to appreciate further away from its current $0.015 price, experts already project an 100x increase post-launch. Cutoshi’s Academy, a DeFi learning platform in its ecosystem, is a potential catalyst for this prediction to happen.
Dogecoin Price Finally Turns Upward After 21.54% Decline
Dogecoin (DOGE) might be on its way to creating another bullish pattern, considering its recent price movements. After consolidating from its August peak at $0.141, Dogecoin price attained high level around $0.130.
However, the token dropped by over 22.54% to a lower price around $0.102, reducing its monthly gain to around 11%. While a bullish sentiment is still active for a potential price, token holders climb to their DOGE tokens in anticipation for a resurgence.
In what seems to be an effort to follow an upward trend, the Dogecoin token has just risen by over 3.22%, breaking into the $0.108 price mark. With this experts think this could turn out to be a full resurgence, especially if positive signals hit the meme coin market.
Pepe Token Awaits Price Reversal As It Tops Analyst Drives Positive Sentiment
The value and attention Pepe (PEPE) has garnered is still holding ground for the frog-themed meme coin despite its recent fluctuations. Even though Pepe coin price dropped by over 14% in the past week, bullish sentiments on CoinMarketCap still holds at 84% based on 0ver 16K votes, with top analysts like Crypto Zeus praising its resilience.
While Pepe coin price price has declined below its $0.0000107 weekly resistance, the token is maintaining nearly 30% growth for the month. The weekly price range for Pepe coin is $0.000008386 to $0.00001177.
Meanwhile, this ranging price outlook shows that Pepe price is still going through a wide range of fluctuations. However, owing to its strong forte and positive sentiments, it can resume a price reversal before the end of Q4.
Is It Possible For Cutoshi To Overtake Pepe In Q1 of 2025?
Pepe coin has onced garnered an ATH market cap over $7B, but it currently rests at a $3.7B level and still holds its place as the third largest in the meme coin market.
Interestingly, the meme coin is typically void of practical utility, which is one of many things limiting its growth potential. Owing to this, Cutoshi meme coin holds a high amount of potential to overthrow Pepe (PEPE) next year if nothing changes, taking its extended DeFi practicality into account.
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
The post Cutoshi (CUTO) Raises Over $280K In Days Of Presale Launch! Is This The Next DOGE Or PEPE? appeared first on TheCoinrise.com.
