With meme coins dominating the market in the past months, the Shiba Inu team is optimistic of further growth. In a recent tweet, Shiba Inu marketing team lead Lucie thinks that the ecosystem has the capacity to witness rapid growth of as high as 1000% within a short timeframe. This comes as the popular meme coin shows signs of recovery.
In another development, Cutoshi is proving to be a high-potential token while following the pathway of established meme coins like Bonk. Having launched the presale a few weeks ago, the project has witnessed massive acceptance, driven mainly by the robust ecosystem, which encompasses a unique multi-chain DEX exchange. More details are below.
Cutoshi Market Dominance Grows – Is 100x Possible in 2025
Having exploded onto the scene, Cutoshi’s market dominance has continued to grow in the past weeks to signal its acceptance in the market. The project, which is on a mission to revolutionize the $60.89B DeFi market using the powers of meme coins and DeFi, has become one of the top performers. The CUTO token has already surged by 46%, with early investors buzzing at the prospect of even bigger gains.
At stage 2 of the presale, the Ethereum-based CUTO token is sold for just $0.022. Popular analysts who have reviewed the project believe it will follow the path of Bonk, which surged by over 500%. As such, they are picking CUTO as the next 100x meme coin. Driven by a robust ecosystem and limited 440M supply, Cutoshi is seen as investors’ top choice.
The project, inspired by the traditional Chinese Lucky Cat and Satoshi Nakamoto’s teachings, aims to bring wealth, prosperity, and luck to investors’ digital assets. Following Nakamoto’s visions of decentralization, privacy, and monetary freedom, Cutoshi is championing full decentralization and financial freedom while giving users power and control over their assets.
One of the factors driving the project’s adoption is the robust Cutoshi ecosystem. One of the essential tools and features is a multichain DEX exchange, which will allow users to swap assets across blockchains. Meanwhile at the Cutoshi University, users will be able to enhance their understanding of DeFi and the crypto market.
Marketing Lead Teases Shiba Inu Price for 1000% Uptick in Short Term
Shiba Inu, the popular Ethereum-based meme coin, might resume its rally after trading sideways for days. As per CoinMarketCap, the Shiba Inu price has grown by 28% in the past 30 days, with the weekly chart showing a slight 1% increase. The daily Shiba Inu chart in Tradingview shows that the Shiba Inu coin might retest the $0.000018 mark very soon, a catalyst that will trigger an extended rally.
Source: CoinMarketCap.
Meanwhile, the recent comment by the Shiba Inu marketing team, Lucie, shows the team’s goal of boosting the adoption of the meme coin while ensuring the community’s dreams of making profits come to reality. Although Shiba Inu has a slim chance of 1000% rallies in the short term, there are high chances of growth in the coming weeks.
The technical analysis shows that Shiba Inu coin is trading above its 50-day SMA but still below the 200-SMA. Meanwhile, the Shiba Inu market sentiment is bullish, with over 23 major market indicators flashing bullish signals. If the bulls maintain their momentum, the SHIB price will likely flip the next resistance or even surpass the $0.000020 mark before the end of 2024.
While There Is a Growing Interest in Meme Coins
Meme coins have dominated the 2024 crypto market chart, with Solana meme coins taking the lead, driven mainly by their quick returns on investment. However, with upcoming projects like Cutoshi coming up with fresh ideas, the CUTO token might enter the top 100 meme coins in the next few months. Also, with the rising market activity, the Shiba Inu token will likely extend its rally.
Meta Title: Shiba Inu Coin And Cutoshi (CUTO) Market Dominance Grows: Expert Analysis On Recent Gains!
Meta Description: Shiba Inu and Cutoshi ongoing rally forecasted to extend as whales continue buying the meme coins
Keywords: Shiba Inu chart, Shiba Inu price
