After what looked like a sharp drop, the crypto market is bouncing back as meme coins show bullish upswing signals. According to the Shiba Inu burn tracker, Shibburn, over 2 billion Shiba Inu tokens have been burned in the last 7 days as the meme coin shows a bullish reversal.

Meanwhile, Dogecoin is showing signs of a slight correction after getting rejected at a major resistance trendline some days ago. Cutoshi, on its part, is set to outshine these popular meme coins with its innovative ecosystem.

Analysts Predict Cutoshi (CUTO) Solana Memecoin Hybrid To Pump x1000

Cutoshi’s (CUTO), the Ethereum-based meme coin journey into the crypto market has garnered much attention, with investors projecting a 200% rally in presale. The project is inspired by the popular Chinese Lucky Cat, known to promote wealth creation, good luck, and success.

Cutoshi focuses on decentralization, privacy, and monetary freedom, which are Satoshi Nakamoto’s core principles for blockchain technology. By infusing the Lucky Cat with these principles, Cutoshi is building a platform that gives users power over their digital assets.

Aside from being a meme coin, Cutoshi’s mission is to bring DeFi close to the masses. This differentiates it from other coins like Shiba Inu and Dogecoin. One of the major tools in the Cutoshi ecosystem is the multi-chain DEX exchange, where swapping of assets across different blockchains is possible.

At the ongoing presale, the Cutoshi has raised over $280k, with analysts projecting $1M in October. So far, the CUTO token is sold for $0.015. With the 440M limited supply, analysts see the token pumping by 50x when it is listed on major exchanges.

Shiba Inu Token Tipped for More Growth in Q4

Shiba Inu (SHIB), the popular meme coin, has continued to move sideways in the past day as the market faces a decline. Market statistics show that Shiba Inu’s price has grown by 10% in the past week. However, the past few days’ rally has been halted after the meme coin failed to climb past the $0.000020 resistance zone.

A further look at the Shiba Inu price chart shows that the meme coin might be heading for a resurgence in the coming days as market activity continues to grow. Although the token is struggling, the network has been witnessing growth. A few days ago, the Shibarium TVL surged to an all-time high of $7.03M, signaling the growing adoption of the ecosystem.

Tradingview data shows that key indicators like the MA are flashing a buy signal, with the coin trading above the 50-day EMA. Popular crypto prediction platform Ambcrypto, in its Shiba Inu price prediction 2024, foresees the price hitting $0.000022 in Q4. With over 2.3B SHIB tokens burned in September, the meme coin could set a new record soon.

Dogecoin Price Prediction – Is $0.5 Within Reach in Q4?

The Dogecoin (DOGE) price seemed to have found support at the $0.10 mark after getting rejected at the $0.13 mark. Dogecoin CoinMarketCapdata shows that the previous week’s gains have been reversed as the coin battles the bears due to the recent market decline.

However, Ali Chart, a popular analyst, observed a rise in the number of active Dogecoin addresses. According to Ali, active DOGE addresses have surged in the past six months, reaching 84,306. Moving forward, Ali noticed that Dogecoin could form a new MACD bullish cross-over soon. The last time DOGE had a MACD bullish cross-over on the weekly chart, it surged by 90% and 180% respectively.

Meanwhile, Dogecoin market sentiment is bearish and currently trading below the 200-day SMA. With Dogecoin technical indicators such as 14-day RSI showing 54 and MACD in the negative, diversifying your portfolio by investing in Cutoshi might be a smart decision.

Which Memecoins To Buy

Dogecoin and Shiba Inu are currently in a downtrend. While experts believe they could rebound soon, Cutoshi has proven to be a more dependable meme coin worth considering this year.

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

This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.