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Breaking News: Expert Alleges Bitcoin Under Siege Again, ETFs And BlackRock Suspected
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Breaking News: Expert Alleges Bitcoin Under Siege Again, ETFs And BlackRock Suspected

Dogecoin Price Jumped From $0.16 To $0.3642 In November, Brett Investors Eye Up This New Meme Coin

Bitcoinist
by Bitcoinist
Last Updated: November 17, 2024 6:00 am
·
Posted in Industry
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The meme coin market remains the most profitable industry for digital asset investment. Memecoin’s current market cap is around $74B, with high expectations of $200B in 2025.

At the heart of the current meme coin super cycle are Dogecoin, Brett Coin, and Cutoshi. While the Dogecoin price could surpass $0.50 soon, Brett Coin Investors are attracted to a new player, Cutoshi. Cutoshi’s appeal is due to its innovative multichain DEX and educational platform, which is expected to drive its adoption. 

Cutoshi Coin Stage 2 Presale Sells Out

Despite the huge prospects of established coins like Dogecoin and Brett coin, holders are looking towards a new contender, Cutoshi. What appeals to these investors is that Cutoshi provides real utility, unlike most meme coins. Cutoshi is a project that follows core DeFi principles while on a mission to bring DeFi closer to the people. 

Its combination of Satoshi Nakamoto’s original ideas for blockchain technology and the Chinese lucky cat known for its lucky powers have drawn investors to the project. This has made Cutoshi a major force in the lucrative $69B DeFi industry. 

With the Cutoshi farming protocol now live, its popularity has exploded with the CUTO price pump. Barely 48 hours after launching the farming protocol, over 1300 have joined. The farming protocol is an avenue to participate in quests, collect points, and redeem them for CUTO tokens. 

Meanwhile, the CoinMarketCap listing has further boosted its visibility and triggered more rallies. So far, in the presale, the team has raised over $850k in presale funding, which could hit $1M this month. Already, it has a limited 440M total supply with a deflationary mechanism. 

Dogecoin Price To Skyrocket In November

Dogecoin (DOGE) is gaining traction in the market as its price continues to soar. While many link the price surge to the recent US elections, Dogecoin has been showing signs of massive breakout for weeks. CoinMarketCap stats show that the Dogecoin price gained 183% in the past month and 382% in the past year.

Coach XD, a popular crypto trader on X, believes Dogecoin crypto will hit new highs in the coming weeks. Based on the prediction, key market indicators are pointing upwards. The Coach XD anticipates a rise towards $0.80 soon. 

Meanwhile, the Dogecoin daily RSI indicator shows 71, which shows the token is currently in the overbought zone. This may indicate a trend reversal in the coming days. 

Analyst Predicts Brett Coin Will Soar In Value Soon

Although Brett (BRETT)  has been in the consolidation zone for a long time, holders are optimistic of a rally soon. One of them,  Mammon, a top analyst on X, sees Brett Crypto as having good room for growth soon. Based on the prediction, a breakout above $0.20 could push the Brett coin price towards $0.5.

Although Brett’s price has surged by 300% in the YTD price metrics, it needs to establish support above the $0.20 mark to confirm bullish movement. Both the Brett trading volume and market cap are on a rise which could trigger a resurgence soon. 

Based on Tradingview stats, Brett is trading above the 50-day and 200-day SMA, which shows its bullish trend. Although Brett market sentiment remains neutral, the Hull moving average and VNMA (10) oscillators are flashing buy signals. If Brett continues on its current trajectory, it could hit $0.5 by December.

Which Meme Coins Are Making Waves In The Market Now?

While Dogecoin and Brett are already popular and showing massive bullish movements, Cutoshi, a new titan in the market, has better growth potential and could make a good bargain this month. Backed by a unique multichain DEX and a farming protocol aimed at rewarding the community, CUTO could outshine top meme coins soon. 

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

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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