Shiba Inu (SHIB), BNB, and Cutoshi (CUTO) Are Poised to Make the Most of the Crypto Rally

The crypto market is experiencing extreme greed at 78 points, with significant potential for gains. Now that Bitcoin is retracing, there is significant potential for altcoins including Shiba Inu, BNB, and a new memeFi token, Cutoshi.

Cryptocurrency markets are experiencing extreme greed, creating potential for gains.

As Bitcoin retraces, presenting an opportunity for altcoins, Shiba Inu (SHIB) is poised for a possible 100% increase next week.

After a strong showing in this cycle, Shiba Inu (SHIB) has retracted from its recent multi-month highs of $0.00003293. However, this retracement seems to be a strong buying opportunity, as analysts are still bullish on the token.

The start of the week saw a significant correction for the crypto market. This particularly affected memecoins like Shiba Inu. In just one day, on Tuesday, December 10, Shiba Inu was down 9%, affecting investor sentiment. The drop also affected the token’s technicals, with one-day indicators now showing a neutral signal.

Still, analysts remain bullish on Shiba Inu, as its trajectory beyond this week was strong. One week’s technicals show buy signals for Shiba Inu. Notably, the moving averages are all below its current price of $0.00002704, showing its strong momentum.

Analysts, in particular, still favor Shiba Inu. According to Coincodex, Shiba Inu’s current price target is $0.000065, which is significantly above its current price. If Shiba Inu manages to move toward that target, it has the potential to benefit from the coming market rally in the next two months.

BNB To Take Advantage Of The Bull Market

Binance’s ecosystem token BNB has seen significant gains this year. However, the gains from the latest bull run still haven’t kicked in. Now, analysts are expecting significant gains in the coming weeks.

BNB saw a modest gain of 10.79% in the last 30 days, trading at $703.51. However, BNB has compensated for this with its steady growth this year, especially in March. Year-to-year, BNB is up 194.86%.

This growth has been a result of Binance’s steady performance during this market cycle. As crypto markets go up, so do Binance’s volumes and profits, which leads directly to demand for BNB. Experts put BNB’s short-term price target at $751.38 and $867.51, representing a 22% gain from its current levels.

If the crypto bull run continues, BNB is in a strong position to grow even further.

Cutoshi Raises Over $1 Million

As the crypto bull run continues, a new memeFi token Cutoshi (CUTO) is getting a lot of attention. The excitement over new DeFi projects has brought this project over the $1 million mark in presale investments.

By December 10, Cutoshi had raised over $1.3 million in presale investments, just a month after its launch.

The reason for this growth is Cutoshi’s unique blend of memes and DeFi. While Cutoshi is a meme token, it is also the utility token of a DeFi ecosystem. Its multichain DEX has the goal of making DeFi accessible to everyone, boosting security by helping users retain custody over their assets.

Thanks to its innovative features and the early stage of the project, Cutoshi has a shot at 10x growth. Still, this will depend on the performance of its DeFi platform and the strength of its community.

For more information on the Cutoshi (CUTO) Presale:

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