Meme coins are one of the most profitable digital assets. However, their high volatility remains a huge concern. According to Acrius, an investor on X, meme coins are the future. The popular crypto trader thinks that meme coins would become a trillion-dollar market with millions of new retail investors onboarded.
The trader believes that over 30 meme coins will break into the billion market cap club in the coming months. Among the notable tokens expected to break out in the coming weeks are Shiba Inu, Bonk Coin and Cutoshi. Although in presale, Cutoshi has raised over $550k in a short interval, signaling high demand for CUTO.
Cutoshi Poised To Overtake Shiba Inu And Bonk In The Meme coin Market By 2025
The meme coin supercycle has started, and top meme coins like Shiba Inu and Bonk are already showing great promise. However, unlike the hype and speculation fueling these coins rally, Cutoshi brings something different. Cutoshi boasts of an innovative utility that sets it apart from other meme coins.
The Cutoshi ecosystem features a multi-chain DEX system comparable to popular DEXs like Uniswap. This non custodial DEX will bring blockchains together and allow for seamless swapping of digital assets. Taking inspiration from the Chinese Lucky Cat, believed to bring fortune and wealth to people, Cutoshi hopes to bring wealth and luck to investors’ digital assets.
Users can earn extra Cutoshi tokens via the farming system developed to reward active members who engage in quests or other community activities with the CUTO token. Users can also enroll in Cutoshi Academy and get insights about DeFi and the general crypto market. The Cutoshi Merch and NFTs also add vibrance to the platform
Having started at a floor price of $0.015, the CUTO token price has increased to $0.022 in stage 2 of the presale, giving early buyers a 46% ROI. Cutoshi’s presale success and its recent listing in CoinMarketCap are expected to boost adoption, which could lead to groundbreaking growth in 2025.
Shiba Inu Shows Signs Of Recovery After Dip, Breakout Expected
Shiba Inu (SHIB) has been in the dip for some weeks but could break towards the $0.000021 mark as the buying pressure grows. Although the meme coin gained 20% in the past month based on CoinMarketCap data, Shiba Inu Crypto has declined by a slight 2% in the past week.
However, in an analysis on X using a chart, a popular crypto expert, Daffy Trader, thinks that Shiba Inu price will witness a slight correction towards the $0.00001579 support zone before witnessing massive rallies. As per the Daffy Shiba Inu chart, a breakout above $0.00001948 could push the price to the $0.000031 mark.
Source: Daffy Trader on X
For the Shiba Inu token to achieve such a milestone, it has to pass through the $0.00001819, $0.00001870, and $0.00001923 resistance levels. However, with the rising market activity, there is a high possibility of Shiba Inu reestablishing support above the $0.000018 mark, a catalyst that could lead to further rallies.
Analyst Bullish About Bonk Price
Bonk (BONK) is showing a double-bottom pattern, which suggests a bullish reversal. This pattern is nearing a confluence level, fuelling breakout speculations. Esti Myth, an expert on X notes that Bonk’s recent movement suggests a bullish pattern. The investor believes a breakout for the Bonk coin could happen within days
Source: Myth on X
Bonk trading volume has risen by 18% to $158 million in the past 24 hours, pushing the price towards the $0.000023 mark. With a Bonk market cap of $1.69 billion, it remains one of the meme coins taunted to experience massive growth in Q4.
Currently, Bonk is trading above the 50-day SMA as per Tradingview but still needs to pass certain crucial resistance levels to confirm a breakout. While the Bonk token has a bearish market sentiment, the price volatility is modest at 7%. Having failed a series of attempts at passing the $0.000023 resistance zone, the next rally depends on when it breaks the mark.
What Are The Right Cryptocurrencies To Add To Your Portfolio Now?
The crypto market might be volatile. However, some cryptos are flashing bullish signals. With Bonk and Shiba Inu in the dip, a breakout is expected anytime soon. Cutoshi is making giant strides in the meme coin market and the CUTO price could rise by 100% from its base price by December, fueled mostly by the multichain DEX and the unique educational platform.
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