Cutoshi, Popcat, and Dogwifhat: The Meme Coins Poised to Outperform Shiba Inu in Q4
Meme coins have become more popular than Bitcoin in recent months. This is attributed to the emergence of new meme coins particularly on the Solana network.
As Bitcoin's search interest on Google continues to decline in 2024, meme coins are gaining more attention. According to CoinBureau, people are becoming increasingly interested in these coins, especially with the emergence of new meme coins on the Solana network.
This increasing interest is due to the potential for immense growth in the meme coin market. As a result, several meme coins are expected to experience significant price increases in Q4. Three coins that stand out are Cutoshi, Popcat, and Dogwifhat. Here's a closer look at each coin and the reasons behind their anticipated growth:
1. Cutoshi Is Poised To Outshine Shiba Inu And Other Memecoins In 2024
While Shiba Inu, Popcat, and Dogwifhat are among the leading meme coins in the market, Cutoshi is poised to displace them. Unlike other memecoins that thrive on hype alone, Cutoshi boasts strong utility and a community-driven approach.
The Cutoshi ecosystem features a DEX that enables the seamless swapping of digital assets across multiple blockchains. Another key aspect is Cutoshi Farming, which rewards users for completing tasks and challenges, fostering community engagement. Additionally, the team is developing an educational platform where investors can enhance their understanding of decentralized finance and cryptocurrency.
In the market, Cutoshi is making huge strides, having raised over $500k in the presale. Its recent listing on CoinMarketCap is set to increase its visibility and boost its adoption. Sold for just $0.022, now might be the best time to join the project, according to experts. With its deflationary feature that incorporates a buy-and-burn mechanism, the CUTO price could hit $1 sooner than anticipated.
2. Shiba Inu Expected To Breakout Soon
According to CoinMarketCap, the Shiba Inu (SHIB) price has risen by 36% over the past month but has dropped by a slight 2% in the past few days. Crypto Candy, a top crypto analyst, remains optimistic that the Shiba Inu coin will head to the moon soon.
Based on the analysis shared on X, Shiba Inu is forming a symmetrical triangle, and a breakout from this pattern could push the price to $0.00002166. Advising her 32k followers to buy and ‘Hold On For Dear Life,’ the expert anticipates a price surge.
However, for such a milestone to be achieved, the bulls need to push the Shiba Inu price above the resistance zones of $0.00001903 and $00.00001952 to confirm bullish momentum. With 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.
3. Investors Thrilled As Popcat’s Price Skyrockets
Since the beginning of September, Popcat (POPCAT) has been one of the top-performing coins. In the YTD price metrics, the meme coin has gained over 7500%.
Furthermore, 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, many investors might be concerned by its 19% price volatility.
Monitoring the Popcat coin, Hybrid Whales believes that it is approaching a critical resistance level. Given its volatile nature, the expert is considering selling at the current position. However, with the coin above the $1.20 support zone, an uptrend is still possible soon.
output: As Bitcoin's search interest on Google continues to decline in 2024, meme coins are gaining more attention. According to CoinBureau, people are becoming increasingly interested in these coins, especially with the emergence of new meme coins on the Solana network.
This increasing interest is due to the potential for immense growth in the meme coin market. As a result, several meme coins are expected to experience significant price increases in Q4. Three coins that stand out are Cutoshi, Popcat, and Dogwifhat. Here's a closer look at each coin and the reasons behind their anticipated growth:
1. Cutoshi Is Poised To Outshine Shiba Inu And Other Memecoins In 2024
While Shiba Inu, Popcat, and Dogwifhat are among the leading meme coins in the market, Cutoshi is poised to displace them. Unlike other memecoins that thrive on hype alone, Cutoshi boasts strong utility and a community-driven approach.
The Cutoshi ecosystem features a DEX that enables the
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