While meme coins like Dogecoin do not have inherent value, Grayscale has added it to the list of 35 potential crypto products, as per CoinTelegraph. Similar to Dogecoin, Popcat doesn’t have any real utility and only thrives on hype and speculation.
With no major rally in the past months, analysts have low expectations on DOGE, unlike Cutoshi, which is projected for 10x rallies before the month’s end. To showcase its growing momentum, stage one of the Cutoshi presale was sold out within a week. Now at stage 2, the presale has raised over $500k in a short period.
Dogecoin Investors Turn To Cutoshi With 10x Growth Potential
With 90% of meme coins thriving on hype and speculation, which leads to investors losing money. Cutoshi is a project that is backed by a unique DeFi ecosystem. One of the core tools and features in the ecosystem is the non custodial multichain DEX.
This trading exchange is designed to allow easy trading and swapping of digital assets on-chain without the need for a third party. This solves issues of security, interoperability and privacy. Cutoshi also has an educational platform aimed at enlightening users about DeFi and the cryptocurrency market.
The team prioritizes the community with its unique farming mechanism designed to reward users who engage in quests, etc. According to the crypto ICO white paper, the project was borne out of two ideologies, the traditional Chinese Lucky Cat believed to bring fortune and wealth to people and Satoshi’s original visions for blockchain technology.
While the presale is now in stage 2, the Cutoshi token has been already listed on CoinMarketCap, proving the team’s commitment to increasing the project’s visibility. Investors can buy the CUTO token now for just $0.022. Given the limited total supply, analysts anticipate 10x rallies this month.
Dogecoin Price Prediction: Can DOGE Hit The $0.3 Target Soon?
Dogecoin (DOGE) pace has been modest for some weeks, but, it could demonstrate a strong upswing soon. The Dogecoin token has shown huge resilience in a time when several meme coins are trading sideways.
Master Kenobi, while observing the Dogecoin price movement, believes the token is following a similar pattern to a previous cycle. Looking at the Dogecoin price chart, the trader thinks if this scenario repeats itself, Dogecoin could hit the green line and reach $0.39 by October.
Source: Master Kenobi on X
Although Dogecoin market sentiment is bullish, the meme coin is approaching the overbought zone according to the daily RSI record. However, the Dogecoin chart shows it could flip the $0.130 resistance zone in the coming days. A successful breakthrough could trigger extended bullish momentum. With the booming market activity, anything is possible in the coming weeks.
Investors Bullish As Popcat Prepares To Reach New ATH
PopCat (POPCAT), the Solana based meme coin has witnessed massive rallies in the few weeks, moving from $0.57 in early September to $1.54 in the past few days, a massive 170% growth within 2 weeks. This sharp growth has triggered massive interest in the meme coin.
Nebraska Gooner, a popular crypto analyst in X while studying the 4-hour Popcat price chart observed the token price curve is moving in a descending triangle pattern. Nebraska thinks the Popcat price will witness a slight correction toward the $1.20 mark before resuming its upswing.
Source: Nebraska Gooner on X
According to CoinMarketCap, Popcat’s price has soared by 7,500% in the YTD price metrics. The technical analysis shows it has witnessed 19 green days in the past month. The token is also trading above the 50-day SMA in the 1D timeframe. With key technical indicators flashing buy signals, Popcat’s price might hit $2 in October.
Which Memecoins Could See A 10x Increase In Value This Month?
While meme coins can be very unpredictable, they are one of the best and most profitable digital assets in the world. Despite Dogecoin’s positive movement, its investors are flocking towards Cutoshi and Popcat which are projected for a massive upswing. With the recent listing of Cutoshi on CoinMarketCap and the non-custodial DEX, CUTO could see more adoption 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
