Cryptocurrency markets are gearing up for a bullish fourth quarter, with Bitcoin poised to break through a key resistance zone. Other popular meme coins, such as Pepe, are also showing bullish momentum, and the meme coin could re-attempt the all-time record it set earlier this year.
Amid renewed interest in meme coins, Cutushi's ongoing pre-sale witnessed massive adoption, raising over $550,000. With the company's goal to strengthen DeFi adoption through the sophisticated Cutshi ecosystem, there are high expectations that Cutushi's price will reach the $1 mark in the coming months.
Cutushi Platform’s Hybrid Crypto Token Expects Significant Gains in Coming Months
Unlike other meme coins like Pepe that don't have a clear utility, Cutushi is a DeFi hub and a meme coin with a full-stack ecosystem. The Cutshi project was developed to follow the core principles of DeFi: privacy, freedom, anonymity, and financial empowerment of the masses. Its aim is to promote DeFi through the Cutushi ecosystem and memeFi token and bring DeFi closer to people.
The Cutshi ecosystem hosts unique tools such as a non-custodial multi-chain decentralized exchange developed to integrate blockchain and enable on-chain swaps of digital assets. This solves the security, privacy, and asset ban issues that arise on CEX exchanges. Another notable feature is the educational platform developed to increase users' knowledge about DeFi and cryptocurrencies.
To enhance their portfolio, users can participate in quests, collect points, and redeem points for CUTO tokens through a unique farming protocol. The memeFi token CUTO will be used for trading on the Academy and also as a trading discount on the DEX. All of this is designed to increase demand for the token and drive up the price over the long term.
Meanwhile, Cutushi token secured CoinMarketCap. This is expected to increase buying pressure and could trigger a rally in the coming months. Traders can purchase CUTO for $0.022 during the ongoing stage 2 of the presale. With total supply limited to 440 million units, Cutushi's price could reach $0.1 in Q4 and $1 in 2025.
Pepe's price movement suggests a strong bullish trend ahead
Pepe (PEPE) is one of the leading meme coins on the market and its price has been on a positive trajectory recently. According to CoinMarketCap, Pepe’s year-to-date price index shows that Pepe’s value has increased by 902% over the past year. The mere 2% decline in Pepe coin price over the past 7 days has minimal impact on the coin’s bullish momentum.
However, according to X crypto analyst Man of Bitcoin, Pepe’s price has been rising in a corrective wave pattern, making the bullish rally unreliable. Experts suggest that as long as Pepe’s price remains below $0.00001369, it could fall further to $0.00000481.
Source: Man of Bitcoin on X
Meanwhile, Pepe coin trading volume increased by 42% in daily trading activity to $664 million as the meme coin looks to recover towards the $0.000011 mark. Although market sentiment is bearish, Pepe is still trading above its 50-day SMA and 200-day SMA, which is a sign of an impending market rally.
What are the best coins to invest in today's market?
There are many high-yield cryptocurrencies in the cryptocurrency market. However, investors should do thorough market research according to trends and analysts to find profitable cryptocurrencies. While Pepe may experience a slight dip before resuming its bullish rise, Kutoshi's surging momentum is a clear indication of what will happen in the future. Focusing on the unique features of the ecosystem, CUTO price is likely to reach the $1 mark in early 2025.
For more information on the CUTO presale, please see below.
https://cutshi.com
Join our community and become a member:
https://t.me/cutshi
