Shiba Inu (SHIB) is leading the charge for the meme coin resurgence teasing a major rally. Two other meme coins are expected to follow suit as they both leverage a unique narrative that sets them apart from the competition.
While Floki (FLOKI) is making waves in the crypto gaming space, Cutoshi (CUTO) brings a cutting edge DeFi platform.
Shiba Inu Is Consolidating Just Below Local Peak
In late September, Shiba Inu broke out with a massive upward move and soared to $0.000021. This is where selling pressure intensified and Shiba Inu retraced to the $0.000018 range. At press time, Shiba Inu sells for $0.0000175 with a 4.1% intraday decrease. This slight decline is consistent with the movement of the general crypto market as corrections were seen across the board.
Meanwhile, the Shiba Inu ecosystem continues to expand. Shibarium, Shiba Inu’s Layer 2 blockchain has recorded a new all-time high in daily transactions with more than 26,000 active addresses.
Floki Retesting Lowes Levels, But Experts Are Bullish
The Floki (FLOKI) price has experienced a 4.83 drop and it has settled at $0.000142. Trader activity has also remained relatively flat, with just over $134 million worth of Floki traded in the last 24 hours. This could be a calm-before-the-storm moment for Floki as signals pointing to bullish continuation have started flashing.
According to crypto analyst ZAYKCharts Floki has broken out of a falling wedge pattern which is expected to lead to a trend reversal and see Floki soar by 100-150% in the upcoming months.
Written by seasoned experts, who have over 16 years of experience in Free Zones development. Learn more.
How Cutoshi Redefines The Meme Coin Game
Cutoshi draws inspiration from the Lucky Cat in Chinese folklore. These cats are believed to bring prosperity to businesses and the household. Cutoshi does exactly the same on the blockchain, by blessing its growing community with generous rewards.
At the center of Cutoshi’s ecosystem is $CUTO DEX, a non-custodial exchange that brings together isolated blockchains. This means that users will seamlessly trade across all major blockchains at lightning speeds and the lowest possible fees.
Via Cuto Farming, the project’s reward mechanism, users will have the opportunity to earn massive prizes while partaking in events and missions. Investors can also provide liquidity or stake the $CUTO token for recurring rewards.
One of the most interesting aspects of this project is the Cutoshi Academy initiative. This is an education hub that wants to help newcomers take the first steps of their crypto journey whilst educating on DeFi and the crypto space. This initiative has already sparked significant interest as it lowers entry barriers while promoting crypto adoption.
Stage 2 of the $CUTO presale is now live and tokens sell for just $0.022. This is the perfect moment for investors who want to be on the winning side of the new meme bull run. When taking into account all that Cutoshi has to offer, it’s not unrealistic to expect a price multiplier in 2025.
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