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Pepe Success To Be Overshadowed By Cutoshi

DATE POSTED:October 1, 2024

Pepe Coin (PEPE) Investors Predict a $1 Rally Is Imminent For A Cool New Meme Utility Crossover Coin

When Pepe Coin (PEPE) launched, it took the meme coin scene by storm, enriching investors’ portfolios. However, despite Pepe’s impressive market performance, a new rival meme coin seems to be taking the spot, as investors predict an imminent $1 surge for the new token.

Cutoshi (CUTO), an Ethereum-based utility token, is set for a 100x growth potential. This project’s vision is to embody the unique values of decentralization, monetary freedom, and privacy, echoing Bitcoin’s founder Satoshi Nakamoto’s original vision for blockchain technology. Let’s find out what makes this new meme coin unique.

Cutoshi Backed By Unique Features Set To Rival The Likes of Pepe Coin

Unlike most of the hyped meme coins, Cutoshi aims to create a community-driven ecosystem where decision-making power and control lie with the users. CUTO will also feature built-in utilities and clear a roadmap designed to outperform top cryptos, including Pepe Coin.

At the center of its ecosystem is the Cutoshi DEX, a decentralized multi-chain exchange that guarantees security and privacy. It also simplifies asset swapping across chains, saving users time and money. Moreover, the Cutoshi farming system will offer its token holders a new way of earning through completing quests.

With a starting price of just $0.015, the token’s built-in scarcity is set to drive immense demand, pushing its price even higher. This offers investors a perfect entry point, especially if you’re looking to be on the winning side of the utility-driven meme coin revolution.

Pepe Coin (PEPE) Records Over 36% Weekly Surge

Pepe Coin’s price action indicates several key patterns and technical indicators, suggesting a potential bullish breakout. One of the prominent patterns is the falling wedge, a bullish reversal pattern that often signals an upcoming price shift after a period of consolidation.

PEPE’s wedge pattern appears to be narrowing as the price approaches a possible breakout point that could lead to a significant surge. Pepe Coin’s 50-day SMA is also trading below the 200-day SMA, which is green, reflecting a previous bearish trend. Pepe’s price has already recorded a weekly surge of over 36% to trade within the $0.00001 mark.

The MACD for Pepe Coin has crossed into a positive territory above the token’s neutral level, suggesting an upward momentum is building. Its Relative Strength Index Trades at 76, above the overbought threshold of 70. This means that the price of Pepe is experiencing strong buying activity, but it also raises the possibility of a short-term price correction if the overbought condition persists.

Will Cutoshi Outshine Its Rival Pepe Coin And Hit the $1 Mark as Predicted?

As Pepe Coin continues to record impressive price performance, Cutoshi is also setting itself up for a massive rally. Cutoshi, which combines the appeal of a fun meme coin and the functionality and utility of a serious DeFi ecosystem, is already appealing to both the meme coin and DeFi community, something that has seen investors flock to its presale.

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

The post Pepe Success To Be Overshadowed By Cutoshi appeared first on The Merkle News.