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After a slow couple of months, memecoins are making a comeback. Experts believe that the coming crypto bull run will be great for memecoins. In this article, we will look at some of the hottest memecoins from both Ethereum and Solana networks: Neiro, Popcat, and Cutoshi.
Ethereum-based Neiro is a relatively new token that has seen some impressive performance recently. Notably, Neiro rose 590.14% since its launch in August. These are huge gains in that short amount of time.
Still, the token is currently at $0.09896, down 66.86% from its all-time high in early August. What is more, technical indicators are not boding well for Neiro. Both moving averages and oscillators are flashing sell signals. Moving averages, which help level price actions, are particularly bad, showing strong sell signals.
It looks like, in the short term, things are not looking up for Neiro. However, we never know what will happen in the future. Neiro could fall down more, giving traders a good window for buying it cheap.
Solana-based Popcat memecoin has shown enviable performance this year. Since its launch in January, Popcat rose 5,406.77%, putting other memecoins to shame. What’s more, at $0.8937, it is very close to its all-time high of $0.9976 in July.
This memecoin is based on a popular meme of a cat opening its mouth widely. It markets itself to traders who missed out on the huge explosion of BONK, also a Solana-based token. According to technicals, this may be a good choice.
Overall, technicals are flashing a buy signal, meaning that this token may be going up. Oscillators are neutral, but moving averages show a strong buy. This indicates that Popcat has still not peaked, and traders could still profit from it.
Cutoshi is another token on the Ethereum blockchain and one with amazing potential. This fun memecoin has the Chinese Lucky Cat as an avatar, bringing fortune and prosperity to your crypto portfolio. While it is a cute and fun coin, it has a strong utility aspect.
This lucky cat is a master of DeFi, taking inspiration from Bitcoin’s creator Satoshi Nakamoto. At the core of its ecosystem is its multichain decentralized exchange (DEX), focusing on security and privacy. The DEX adds and utility element to the coin, helping to boost its price.
The token also has community farming features, which further boost utility. These are essentially ways for holders to make even more tokens than they already have. Examples include staking and completing quests to gather points. These points will then convert into more Cutoshi tokens, enriching their owners.
Thanks to its low presale price of $0.015 and deep utility, experts predict big things for Cutoshi. The presale will see the token rise 200%, while 10x, and even 100x gains are in store after its official launch and listing. So those who get in early on the Cutoshi train have the chance to see their crypto gains increase substantially.
Neiro, Popcat, and Cutoshi all have potential. However, Cutoshi is clearly in the lead, thanks to the fact that it’s not just a memecoin. This project has strong utility, so traders who get in early have the potential for 100x gains.
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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.
