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During the 2021 bull cycle, Dogecoin 
$0.227376 was the shining star, hitting a new all-time high record, which most investors attributed to a series of tweets by billionaire CEO Elon Musk. Although the meme coin has yet to replicate the rally since then, analysts have identified potential projects that could replicate such feats in the coming bull cycle
Top of the list is Cutoshi, a new crypto project that combines DeFi functionalities with memeFi. Unlike other meme projects that thrive on hype and speculation, Cutoshi is backed by a robust ecosystem that hosts a multichain DEX similar to Uniswap. Given the strong utility of the hybrid CUTO token in the ecosystem, analysts project the coin to pump by 10,000% before its listing at a major exchange like Binance or MEXC.
Cutoshi Token Backed For Massive Rallies Before Listing On Uniswap Or CEXs Like Binance or MEXC
Cutoshi is a revolutionary project being developed on two principles—the traditional Chinese Lucky Cat and Satoshi Nakamoto’s principles. In the past, people placed the Lucky Cat in their homes to harness its Lucky powers. Now, Cutoshi is bringing the Lucky Cat to the blockchain. It incorporates decentralization, privacy, and monetary freedom, Satoshi Nakamoto’s vision for blockchain technology.
By linking these ideas together, Cutoshi aims to bring luck, prosperity, and wealth to investors’ digital assets while also following the core DeFi principles. Cutoshi is seen as a tribute to decentralized finance on a mission to bring DeFi closer to the people.
One of the main tools in the Cutoshi ecosystem is a multi-chain DEX. The non-custodial DEX is designed to allow for easy swapping of digital assets across multiple blockchains, solving issues of privacy and security. Cutoshi is also developing an educational platform that will broaden investors’ knowledge regarding DeFi and cryptocurrency.
At the ongoing stage 2 of the presale, CUTO, the native token is sold for $0.022. Early investors have made 46% returns as the price increased. With its strong use case in the ecosystem, experts forecast 40x growth in the coming months. Also the CUTO token has been listed on CoinMarketCap with further listings coming soon.
Can Dogecoin Replicate The 2021 Rally In This Bull Cycle
Dogecoin became a talking point after the meme coin hit a new ATH of $0.73 in May 2021, fueled by a series of tweets by Elon Musk. The emergence of Dogecoin opened the door for other upcoming meme coins like Shiba Inu and Pepe to thrive.
According to CoinMarketCap, Dogecoin’s price has increased by 16% in the past month and 7% in the past week. The Dogecoin trading volume has witnessed sharp growth in the past week with signs of a significant breakout. Following the historical price chart, Ali Charts maintained in a series of tweets that the Dogecoin token can hit $10 in the long term
Dogecoin is trading above the 50-day and 200-day SMA in both the daily and 4-hour timeframe. Having witnessed a bullish MACD crossover in the past few days, some analysts believe DOGE is ripe to retest the $0.14 mark. According to the Ambcrypto Dogecoin price forecast, the coin will hit $0.13 before December. With the surging momentum, DOGE could hit above that soon
Why Meme Coins Could Witness More Adoption In 2025
With 2024 just a few weeks away, meme coins have led the market rally of the past months, triggered by the growing interest in meme coins. In return, meme coins like Shiba Inu have continued to upgrade their ecosystem. With upcoming projects like Cutoshi coming up with innovative ideas, CUTO could outshine Dogecoin in 2025.
