Meme coins have become more popular than Bitcoin in recent months. According to CoinBureau, search interest in Bitcoin on Google has waned in 2024, while that of meme coins has surged. This is attributed to the emergence of new meme coins particularly on the Solana network.
This means that people are becoming more interested in meme coins as they seek to take advantage of their immense growth potential. With the bull cycle on the horizon, CoinMarketCap experts have recommended Cutoshi, Popcat, and Dogwifhat as meme coins that will witness significant growth in Q4. Here is why!
Cutoshi Is Poised To Outshine Shiba Inu And Other Memecoins In 2024
Although Shiba Inu, Popcat, and Dogwifhat are among the leading meme coins in the market, Cutoshi is poised to displace them. While other memecoins thrive on hype, Cutoshi comes with strong utility and a community driven approach. The major tool in the ecosystem is the Cutoshi DEX where digital assets can be swapped seamlessly across different blockchains.
Cutoshi Farming is another tool that rewards users who complete tasks and challenges, fostering community engagement. The team is developing an educational platform in which investors can enroll and broaden their understanding of decentralized finance and cryptocurrency.
Meanwhile, Cutoshi is making giant strides in the market, having raised over $500k in the presale. Its recent listing on CoinMarketCap is projected to increase its visibility and boost its adoption. Sold for just $0.022, experts think now is the best time to jump on the project. With the deflationary feature that incorporates a buy-and-burn mechanism, the CUTO price could hit $1 sooner than anticipated.
Shiba Inu Expected To Breakout Soon
Shiba Inu (SHIB) has been making positive efforts to break away from its downtrend. According to CoinMarketCap, the Shiba Inu price gained 36% over the past month but has dropped by a slight 2% in the past few days.
Top crypto analyst, Crypto Candy, remains optimistic of the Shiba Inu coin heading to the moon soon. According to the analysis on X, Shiba Inu is forming a symmetrical triangle, a breakout could push the price to $0.00002166. As such, the expert advised the 32k followers to buy and ‘Hold On For Dear Life’ to the meme coin.
Source: Crypto Candy on X
However, to achieve such a milestone, the bulls need to push the Shiba Inu price above the resistance zones of $0.00001903 and $00.00001952 to confirm bullish momentum. With the declining Shiba Inu trading volume and market cap, the coin could slide further downwards. Coincodex, for its part, predicts a modest 1% price increase for Shiba Inu in the next 30 days.
Investors Thrilled As Popcat’s Price Skyrockets
Popcat (POPCAT) has been one of the top-performing coins since the beginning of September. The meme coin has gained over 7500% in the YTD price metrics. Going further, Popcat price has surged by 79% in the past 30 days, moving from $0.70 to $1.26.
Looking at Popcat’s technical indicators, it is giving a buy signal on all fronts. The Popcat token is already trading above the 50-day and 200-day SMA with bullish market sentiment. However, the 19% price volatility could be a major concern to many investors.
Hybrid whales, while monitoring the Popcat coin, think it is approaching a critical resistance level. The expert is wary of its volatile nature and recommends offloading on the current position. However, with the coin above the $1.20 support zone, further uptrend is possible soon.
Source: Hybrid Whales on X
Dogwifhat Price Prediction: Can WIF Hit $8 By December?
Dogwifhat (WIF) has been gaining momentum in recent days to the delight of many investors. CoinMarketCap shows that Dogwifhat’s price has risen by over 1400% in the past year, putting it among the top-performing coins this year.
Investing Haven, while commenting on the Dogwifhat coin, the analyst believes that the $2.373 Fibonacci level will determine if the current bullish trend will be confirmed. The expert also states that if it maintains this trajectory, it could reach the 10x range of $10 very soon.
Source: InvestingHaven on X
Dogwifhat has recorded 18 green days in the past month and is currently trading above the 50-day SMA. Over 18 market indicators are flashing bullish signals. Popular prediction site, Coincodex in their Dogwifhat price prediction forecast a 223% rise in November. However, with price volatility at 41%, investors are reviewing their options.
Which Memecoins Can Outperform Shiba Inu In The Current Market?
With Shiba Inu faltering in the market as seen above, investors should look towards other meme coins. While Dogwifhat and Popcat are showing strong bullish signs, Cutoshi seems a more stable and valuable coin to invest in now.
For more information on the Cutoshi (CUTO) Presale:
Join and become a community member:
https://twitter.com/CutoshiToken
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