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Cryptocurrency News Articles

Cutoshi (CUTO): Luckiest Meme Coin For The Next Rally

Dec 30, 2024 at 10:07 pm

Cutoshi is an emerging Ethereum-based meme coin on the ERC-20 network that offers practicality, unlike Pepe and Popcat.

Cutoshi (CUTO): Luckiest Meme Coin For The Next Rally

Cryptocurrency price analysis for Pepe, Popcat and Cutoshi (CUTO) on October 20

After suffering massive losses in the last few months, several meme coins are finally recovering and hinting at another price surge. Among the top gainers are Pepe, Popcat and Cutoshi (CUTO).

In addition to these, the ERC-20 token Cutoshi (CUTO) is an excellent contender for outperforming the markets and generating tremendous wealth. Continue reading to learn more about these meme coins and identify potential opportunities.

Pepe Surges Again After Hitting All-Time High (ATH)

After over five months of declining price action, Pepe had a massive rally last month and surged over 200% within 10 days. Despite the enormous upward momentum, Pepe faced a significant rejection from the $0.000025 price level and corrected over 30% to the $0.00001735 support level.

Pepe entered a range-bound price action between this support and $0.000023 but broke out of this resistance and reached the All-Time High (ATH) at $0.00002825. Since this new ATH, Pepe has been trapped in a symmetrical triangle pattern and trades at $0.00002412 with a 4.12% intraday surge.

Due to the slow price action in the triangle consolidation, the MACD oscillator indicates a slight increase in bearish pressure, dropping below the signal line. Yet Pepe surfs above the 10-day and 20-day Simple Moving Averages (SMAs) and takes support at $0.000024. The price is near the apex of the triangle pattern and Pepe can surge again if demand returns.

Popcat Drops To Crucial Support: Will The Demand Surge?

Popcat moved in an uptrend channel for over two months since August 2024 until the price steadily rose to $1.75. At this point, bearish pressure increased, pulling the price below the channel’s lower trendline. Popcat dropped fast but reversed sharply from the support level at $1.17 and surged over 70% to reach the current ATH at $2.07.

However, Popcat faced rejection in this region from the upper trendline of the uptrend channel and consolidated below the $2 price level for a week, after which it dropped below a crucial support at $1.7. Popcat has corrected over 30% in the last three weeks and trades 42% below the ATH at $1.18.

The price again takes support from the $1.17 price level, from which it reversed, rallied and another strong support is at $1. Popcat can regain demand from this support level and rally again to reach a new ATH with sufficient bullish momentum.

Cutoshi (CUTO): Luckiest Meme Coin For The Next Rally

Cutoshi is an emerging Ethereum-based meme coin on the ERC-20 network that offers practicality, unlike Pepe and Popcat. It is a hybrid meme coin with DeFi utility that uses the power of its growing meme community to spread its vision of a private, secure and decentralized economy.

Cutoshi takes inspiration from the Maneki-Neko. According to Chinese and Japanese folklore, this cat has lucky powers. It is an Asian tradition to decorate this lucky cat figurine in homes to benefit from its powers and receive good luck and prosperity. Cutoshi has tokenized this figurine as its native token, CUTO, bringing good fortune to the blockchain.

The Cutoshi ecosystem has a built-in learning academy that bridges the knowledge gap and helps newcomers learn about DeFi and transition to the decentralized economy. Members will receive free learning materials that engagingly explain complex Web3 concepts to help them adapt faster. Thus, the Cutoshi Academy is promoting the mass adoption of DeFi.

The CUTO presale has been one of the fastest-rising presales of 2024. With over $1.45 million raised, the presale has reached stage four and the token’s value has more than doubled since the start of the presale. The current price is $0.031 per CUTO and new investors are entitled to similar massive returns in the further stages that early members have experienced so far.

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.

News source:bravenewcoin.com

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

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