/Cutoshi/ – Pepe (PEPE) dominated the meme coin market throughout 2024 and it appears that its rally is far from over. However, with its massive $10 billion market cap, it’s unrealistic to expect Pepe to experience the same 100X price multipliers of the past.
For this reason, many whales are now betting on Popcat (POPCAT) and Cutoshi (CUTO) as they can offer significantly higher ROI in 2025. Cutoshi, in particular, has been making waves with its novel DeFi ecosystem that leverages meme energy for a sure-fire moonshot formula.
Just a few days ago, Pepe (PEPE) reached a new peak of $0.000028, however, as selling pressure intensified, a retracement followed. Today, Pepe trades at $0.000024 with no notable price fluctuations on the daily frame. Volume has slowed down as it saw a 30% decrease, with $2.6 billion worth of PEPE traded across exchanges in the last 24 hours.
In a post on X, analyst and trader Scofield pointed out that Pepe is in the process of retesting the previous all-time high, this means that the bulls need to defend this position for Pepe’s momentum to remain intact. The next major target for Pepe is the $0.000030 resistance. Once this is cleared, Pepe could enter price discovery with virtually little to no resistance.
As Shiba Inu continues to stall, Pepe could soon claim its place as the 2nd largest meme coin on the market. Meanwhile, whales continue to accumulate massive amounts of Pepe. According to data from Lookonchain, nine addresses have spent nearly $14 million to purchase 555 billion Pepe coins.
Popcat draws inspiration from a cat named Oatmeal that became a viral meme in 2020 and took the internet by storm. Popcat is among the pioneers of the new cat-themed meme coin trend that could soon challenge the reign of dogs, with projects like Cutoshi, Simon’s Cat and Cat In A Dog’s World.
After peaking at $2.07, Popcat (POPCAT) has entered a mini-bear phase as its price plummeted all the way down to $1.21. However, these kinds of pullbacks are nothing out of the ordinary for meme coins, as they are notoriously susceptible to times of increased volatility. On a macro level, Popcat is as bullish as ever, as its journey began at $0.01 in early 2024, meaning that early adopters are already enjoying over 10,000% gains.
Renowned trader Cold Blooded Shiller believes that pressure is building up for Popcat and that it could soon break out and reclaim its all-time high. He points out that Popcat’s trading range has been tightening, as the meme coin has been continuously tapping into the high-demand zone around the $1.20 mark. Given the favorable market conditions and cat memes gaining massive traction, a breakout from this channel could send Popcat into the stratosphere, with $3 as the next big target.
Just like Japanese Lucky Cats bring good fortune to businesses and households, Cutoshi seeks to bring good fortune to the blockchain and the rapidly growing community. Users who interact with the ecosystem won’t be required to share sensitive data or rely on middlemen for the custody of their assets. CUTO DEX is the base of operations, a decentralized exchange that will allow for rapid-fire transactions across all major blockchains for some of the lowest fees on the market.
Another standout feature that separates Cutoshi from the competition is its generous reward system, Cutoshi Farming. Individuals will partake in various missions and events aimed at spreading awareness about Cutoshi on social media. Completing these events will yield CUTO points that can later be redeemed for $CUTO tokens once the presale wraps up.
Over $1.37 million has been raised in the ongoing presale, which is currently in its fourth stage. Early buyers are already enjoying over 106% gains and $CUTO tokens are now available for $0.031.
For more information on the Cutoshi (CUTO) Presale visit the website.
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