Pepe Coin token holders have been making significant gains as the meme coin continues to record impressive price performance with a monthly surge of over 35%. However, despite the surge, many investors seem to be shifting to Cutoshi (CUTO) as competition within the meme coin market heats up.
Cutoshi’s built-in scarcity, backed by a planned CEX listing after presale, is set to drive an immense demand, pushing the CUTO price upwards. With a stage two presale price of $0.022, analysts predict that the token will follow Pepe Coin’s price path with over 1,000% predicted gains.
Cutoshi: A Hybrid Meme Coin With 100x Growth Potential
Cutoshi (CUTO) is the new meme coin hybrid set to hit 100x growth by the end of its presale. The project combines the unique appeal of a fun meme coin with the utility and functionality of a serious DeFi ecosystem, making It appealing to both the DeFi and meme coin communities.
Backed by a multi-chain DEX, the Cutoshi ecosystem is designed to simplify cross-chain transactions while ensuring privacy and security. The project aims to reduce common barriers to entry for newcomers to the DeFi space by enabling a seamless yet faster asset swapping process across multiple blockchains.
To showcase its commitment to its community members, Cutoshi farming will provide a new way for the community to earn by completing quests and claiming their rewards. Moreover, Cutoshi’s built-in utilities and clear roadmap put it in a better position to outperform top meme coin cryptos within the market.
Will The October Bull Run Push Pepe’s Price To $0.0001?
As the crypto market regains a bullish trend in October, the Pepe (PEPE) meme coin has recorded a daily surge of over 8% to reclaim the $0.00001 psychological mark. With a bullish engulfing candle, the meme coin has been trading on a 7-day high while nearing its crucial resistance at the $0.000012 mark.
A rounding-bottom reversal from Pepe coin’s 50-day EMA reflects a growing bullish trend, delaying the death cross event. Based on Pepe’s price action analysis, the upcoming targets for the PEPE token are at the $0.000013 supply zone and the $0.000015 psychological mark.
Source: TradingView
The RSI for Pepe is within the 30-70 neutral zone, suggesting that the price is trending neutral and can maintain the RSI in that state for a while. With a retest and breakout of a four-month descending trendline, Pepe’s price performance seems to be setting up for its next significant uptrend. A bullish Q4 for BTC might also give Pepe the needed boost to make the next rally similar to what it did in February and March of 2024.
Can Cutoshi Outshine PEPE In October?
With Pepe’s surging trend guaranteeing its holders a unique opportunity for high returns, Cutoshi, the Ethereum-based token, offers stiff competition. Early investors are already enjoying a 46% ROI. Cutoshi’s unique features, including the Cutoshi DEX, NFTs and Academy, make it an outstanding choice for potential investors.
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
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
The post Analyzing Pepe Coins Price: Today’s Coin Market Trends And The Popularity Of New Meme Coin Cutoshi! appeared first on The Merkle News.
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