In a volatile week for the memecoin market, Dogecoin (DOGE) and Pepe (PEPE) have shown promising upward momentum. Dogecoin has already recorded a daily increase of over 6%, as Pepe has recorded a spike of over 17% in daily trading volume.
Amid this renewed interest, Cutushi’s ongoing presale also witnessed massive adoption, recording over $600,000 in presale revenue. With the main goal of promoting DeFi adoption through its own ecosystem, CUTO’s price is expected to reach the $1 level in 2025.
Cutushi’s DEX Innovation Reaps Huge Presale Profits
Unlike most touted meme coins that have no utility functions, Cutushi, an Ethereum-based token, was developed to follow DeFi’s core principles such as anonymity, financial empowerment, and privacy. The move aims to promote DeFi while bringing it closer to the masses through the project’s MemeFi platform.
The Cutshi ecosystem hosts unique tools such as a non-custodial multi-chain decentralized exchange developed to integrate blockchains, making it easy to exchange assets between different blockchains. The move also solves the security and asset ban issues common to centralized exchanges. Additionally, Cutushi features an educational platform developed to increase users’ knowledge about DeFi and cryptocurrencies.
With CMC’s listing and the upcoming launch of Cutushi Farming, this project has delivered over 46% ROI for early CUTO buyers. Stage 2 is also over 70% sold out, and the scarcity of the token is likely to generate huge demand, leading to further price increases next month. The $1 target is set for 2025.
Dogecoin’s bullish momentum linked to Elon Musk’s latest tweets
Following the rise in altcoins in the fourth quarter, the price of Dogecoin is on an upward trend. Dogecoin could hit new highs with an expected increase of more than 405%, according to cryptocurrency analyst Javon Marks. Dogecoin price has risen more than 5% in the past day and is trading around $0.148.
Source: CoinMarketCap
Despite the arrival of altcoin season, DOGE price momentum is also being driven by Elon Musk’s latest interactions. Tesla’s CEO, who attended Donald Trump’s rally in Madison Square on October 27, spoke again about the potential creation of DOGE if Trump wins the election.
Immediately after his interesting photo was posted on X, the price of Dogecoin started showing an upward trend. Additionally, Ali Martinez predicts a 25% rally to around $0.175 if Dogecoin breaks through the key resistance level at $0.143.
Pepe (PEPE) price performance suggests a strong bullish trend
Pepe (PEPE) is one of the leading meme coins in the cryptocurrency market. Memecoin has recorded a positive price movement of 640% year-to-date and is trading near the $0.0000089 mark. However, the Pepe coin price movement shows a weekly drop of more than 13%.
Source: CoinMarketCap
Meanwhile, Pepe token trading volume is increasing, suggesting that the memecoin is about to rebound towards $0.000011, which also acts as a strong resistance level. Pepe Coin’s RSI is 43, indicating that PEPE Coin is neither overbought nor oversold.
If Pepe price is able to break through the resistance level, the next important level will be $0.0000120. Furthermore, a break below the support level could trigger further decline towards $0.0000072. Pepe Coin’s stochastic value of 47 also suggests a neutral market sentiment, where the price may record a bullish price change.
Will Cutushi become the next big meme coin token?
Despite the impressive market performance of Dogecoin and Pepe coin, Cutushi is also becoming an important candidate for meme coins. The successful pre-sale of this project clearly indicates that Kutoshi’s price is set to record further gains. With its built-in scarcity and utility, CUTO can emulate Dogecoin’s price performance by targeting the $1 mark by the end of the presale.
For more information on the CUTO presale, please see below.
https://cutshi.com/
Join our community and become a member:
https://twitter.com/CutushiToken
https://t.me/cutshi
The subject matter and content of this article are solely the views of the author. FinanceFeeds is not legally responsible for the content of this article and it does not reflect the views of FinanceFeeds or its editorial staff.
The information on this page does not constitute advice or a recommendation as to any course of action and does not take into account your personal circumstances, financial situation or individual needs. We strongly recommend that you seek independent professional advice or conduct your own investigation before acting on any information contained herein.
