Shiba Inu News: SHIB Sees A Surge In Price, While Bonk Gets Ready To Rally, Cutoshi Remains Top Choice For November

With Bitcoin reaching a new all-time high, the market has been galvanized and optimism has returned. Much of Meme coins appear primed for a comeback with Shiba Inu (SHIB) and Bonk (BONK) already teasing major breakouts.

As Shiba Inu (SHIB) price rises, Bonk (BONK) is preparing for a new recovery and Cutoshi remains the most preferred project in November.

As Bitcoin reached a new all-time high, the market revived and optimism rose again. Many of the meme coins appear poised for a comeback as they prepare for big breakouts, led by Shiba Inu (SHIB) and Bonk (BONK).

The new favorite, or rather 'cat', of the meme world, Cutoshi, is turning heads with a unique blend of cuteness and an advanced DeFi platform.

Shiba Inu on the Verge of Explosion

The bulls have been blocked from reaching the $0.000020 level for some time, and the Shiba Inu's intermittent movement has continued in recent weeks. Despite sustained selling pressure keeping Shiba Inu (SHIB) from consolidating above range highs, pullbacks have remained shallower, indicating increased buyer interest. As of today, Shiba Inu is trading at $0.0000187 with over 6 monthly gains and a 44 percent volume drop in SHIB volume of approximately $659 million in the last 24 hours.

Also, whales are constantly collecting Shiba Inu. According to IntoTheBlock data, there was a 7,429 percent increase in Shiba Inu net flows as major wallets continued to increase their SHIB positions.

Bonk Shows a Rapid Recovery

Bonk (BONK) has recovered 7.3 percent in the last week after a brief touch to its base price of $0.0000171. Currently, Bonk is at $0.000022 with little to no intraday price movement. It's worth noting that when you zoom out on the chart, Bonk still respects the ascending trendline marked by a series of rising low prices.

On-chain analysis supports the bullish picture by showing that Bonk's long/short ratio is 1.42 and more traders are betting that Bonk price will rise. Additionally, Gemini exchange recently listed Bonk, further expanding the meme coin's presence in the crypto world.

Cutoshi Farming Mechanism Goes Live

Cutoshi wants to change the stereotype that meme coins are nothing more than hype-driven speculative assets. This project differs from ordinary meme coins with its hybrid approach that combines meme culture with DeFi innovation.

At the heart of the Cutoshi ecosystem is CUTO DEX, a cross-chain, fully private, decentralized exchange that enables seamless transactions across all major blockchains with near-instantaneous speeds and low fees.

Chinese Lucky Cats are said to bring prosperity to businesses. Cutoshi brings good luck to the blockchain and its rapidly growing community with a unique rewards system that encourages users to engage with the platform and encourages long-term investment.

CUTO FARM, one of Cutoshi's most interesting features, is now live and users will have the opportunity to win great rewards while growing their portfolio. They will be tasked with completing fun tasks aimed at increasing Cutoshi's online presence. For their efforts, they will receive CUTO points that can be redeemed for more CUTO when the token hits the market. More than 1,300 CUTO farmers have already taken action and are collecting points. Don't miss it!

Another prominent aspect of the Cutoshi ecosystem is the Cutoshi Academy. This is an educational hub that helps beginners on their crypto journey while teaching them DeFi basics, trading, and building a portfolio for the future. Cutoshi, everyone of cryptocurrency

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