Dogecoin (DOGE) and Shiba Inu (SHIB) have had phenomenal runs over the past few years. Experts believe that these two dominant crypto players may have reached their point of diminishing returns. Whales seeking massive multipliers now seek promising projects like Cutoshi (CUTO).
The hybrid exchange protocol has been gaining momentum during presale. Let’s uncover why market pundits predict the fast-selling presale star could yield 100x returns in 2025.
Cutoshi To Rival Popular DOGE And SHIB Tokens
Cutoshi is swiftly carving out its position in the crypto market through its unique hybrid exchange protocol. It has combined the essence of the Chinese Lucky Cat with the core principles of Satoshi Nakamoto to create an ecosystem where decision-making powers and control is in the hands of its users. To achieve this objective, the project introduces an ecosystem with superior DeFi tools, including a multi-chain DEX.
The hybrid decentralized exchange is designed to simplify cross-chain transactions. In so doing, Cutoshi will reduce barriers to entry for new investors to the DeFi space by ensuring faster asset swaps across various blockchain networks. The new project will offer complimentary rewards through Cutoshi farming. Here, investors will complete quests and challenges to earn points, which can be redeemed for more $CUTO tokens.
This community-driven approach will foster an engaged user base. It also has a learning academy that will bridge the knowledge gaps in cryptos and, at the same time, create awareness about the project. Currently, Cutoshi tokens are sold at a low presale entry point of $0.022. With these strong fundamentals, ambitious tokenomics, and high growth potential, Cutoshi has positioned itself to rival popular meme coins like Dogecoin and Shiba Inu
Could Shiba Inu Price Rally By 400%
While Shiba Inu started 2024 mellow, the meme token has had a surprising price rally, giving investors the returns they were looking forward to accumulating and building on. This has caused Shiba Inu to establish its independent reputation while consistently launching new projects to expand its ecosystem. With its Shiba Inu Stablecoin launching soon, the meme coin is bound to reach new highs.
According to most Shiba Inu price predictions, the token might witness its peak by the end of October. SHIB Token is currently trading around the $0.00001826 mark. Crypto analysts believe that now is the prime time to open long positions for Shiba Inu, highlighting that the token has formed higher highs with flag breakouts. This surprising price action has renewed optimism around SHIB.
Source: TradingView
Meanwhile, as Shiba Inu’s price corrects its late September gains in October, experts hint at a second upswing lurking. They highlighted that the next impulsive move for Shiba Inu could drive its value to around $0.000074 region, which could be a potential 400% increase. This projection will mirror its February and March rallies when the Shiba Inu price soared approximately 4x to reach a three-year high of $0.000045.
Dogecoin Witnesses Surge In Active Addresses
Dogecoin has seen a surge in active addresses, hitting 133,880, its highest level in eight months. This surge has raised questions about the potential impact on the price of Dogecoin. Typically, a rise in addresses suggests increased interest in or activity on the asset, which implies that traders are returning to the Dogecoin market. The surge can be attributed to more network transactions awaiting news or speculative interest.
Interestingly, such surges have been accompanied by increased price volatility, which, more often than not, corresponds with significant market movements, including steep increases or decreases. Dogecoin’s price has been consolidating, hovering around the $0.108 mark. Generally, more transactions and wallet movements usually precede a notable price action. The abrupt increase in activity may be a sign of an impending breakout.
Source: TradingView
As such, market pundits have made bullish Dogecoin price predictions, suggesting that the dog-themed meme coin could reach $0.5 by the end of Q4. However, it needs to breach its critical resistance level at around $0.116 to further record extended rallies. Notably, price increases are sometimes not always sustained by an abrupt rise in active addresses.
Which Meme Coin Is Likely To Dominate The Market?
While Dogecoin and Shiba Inu are still big players with huge growth already achieved, Cutoshi is the freshest meme token likely to dominate the DeFi market. As these projects develop, the competition to be on top during the next bull market will be of great interest to crypto enthusiasts and investors alike.
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
