Cryptocurrency

Crypto Analysts Have Chosen Their Next Breakthrough Memecoins: SHIB, POPCAT, CUTO Top The List

IndustryTrends

Cat-themed coins are buzzing with renewed enthusiasm as their market capitalization breaches the $3 billion mark. Traders have already made long positions, hoping for a meme coin season. Popcat (SOL) (POPCAT) and Shiba Inu (SHIB) lead the cat-themed meme rally, marking significant milestones that underscore their growing influence and adoption in the cryptocurrency community. 

However, a new meme contender has entered the market Cutoshi (CUTO), it introduces luck, decentralization and monetary freedom by combining Satoshi Nakamoto teachings and the Chinese Lucky Cat.

Cutoshi’s Plans To Dominate The DeFi Market Raises Its Growth Potential

Cutoshi, a cat-themed meme coin blended with cutting-edge DeFi technology. Its features include a multichain decentralized exchange (DEX), which caters to everyone, whether you are a beginner or a seasoned trader. Users will be able to easily trade across different blockchains and are the sole custodians of their assets.

It also has a community focus mechanism — Cutoshi Farming, a learning academy, and other utility-based features like Cutoshi NFTs and merch. This heightened integration of serious DeFi tools has increased market optimism, with experts forecasting massive breakout rallies for its native token, CUTO. In addition to this, its deflationary mechanism that limits its token supply would ensure the meme coin experiences continuous surging demand.

The move could increase Cutoshi’s price further, particularly when it launches on the DEX and CEX platforms. Analysts are already projecting a 100x growth for this cat-themed meme coin. Cutoshi is priced at a low entry point of $0.015, with only 55% of tokens available at presale. Experts see the Cutoshi meme coin dominating the market in Q4.

Shiba Inu’s Layer-2 Network Processes Over $7 Million Blocks

Shiba Inu’s layer-2 network, Shibarium, has made significant milestones in the past week. Since its inception, Shiba Inu’s Shibarium has processed over $7 million blocks and neared 420 million transactions. Notably, the remarkable milestone reflects its sustainable growth and increasing utility and acceptance. It further indicates investors and traders see the Shibarium platform as a scalable solution for decentralized applications (dApps) and smart contracts.

Additionally, Shiba Inu’s layer-2 network has also recorded a 700% bounce for new smart contracts, reflecting a growing interest and confidence in its capabilities. These positive sentiments around Shibarium triggered renewed market enthusiasm for the Shiba Inu coin, whose price has recorded a 16% bounce on its weekly market charts. 

Industry experts project that the Shiba Inu token is gearing up for more growth. However, Shiba Inu whales have been selling their SHIB token, sparking speculation on the future of this meme token. Its technical indicators are green, indicating more gains in the coming months. This has made analysts make cautiously bullish Shiba Inu price predictions, highlighting that the SHIB token could repeat its past performance of October 2023.

Popcat (SOL) Hits $1 Billion In Market Capitalization

Popcat (SOL), the latest Solana-based meme coin, has witnessed considerable buying interest. Remarkably, Popcat (SOL) market capitalization has breached the $1 billion milestone. This highlights its growing influence as the best cryptocurrency investment in the current market rebound.  Moreover, the POPCAT coin has been listed on the Kraken exchange.

The recent bullish Popcat (SOL) news has influenced massive breakout rallies, stretching out its value by a solid 33% in its monthly price metrics. This suggests a strong market interest for the meme token. If Popcat (SOL) continues with this bull momentum, it will record more gains, pushing upwards above its upper critical resistance level around the $1.14 mark. This would be a potential 12% bounce from its current value.

Interestingly, Popcat’s (SOL) relative support index is roughly 53, indicating that this cat-themed meme coin is well-positioned for more rallies. Popcat (SOL) token has surged by over 179% in the last six months and is gearing up for higher levels. The POPCAT’s bulls are targeting the $1.45 mark, potentially increasing by roughly 43%. This makes Popcat (SOL) coin among the best cryptocurrency investments.

Missed Out On SHIB or POPCAT Price Pump?

While SHIB and POPCAT have already reached the billion dollar market caps and if you have missed on these 1000x opportunities, another cat-themed meme coin is making waves in the space called, Cutoshi. The major factors that sets Cutoshi apart from these established tokens are its utility packed ecosystem and its community driven approach.

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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

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