Analysts warn their followers that SHIB and PEPE will also see similar gains. While a low-cap meme, CutoshiAfter becoming viral on X.com, has raised almost $1,000,000 in investment.
Shiba Inu’s Golden Cross Sparks Hope For Bullish Run
Shiba inu is up by 42% on the biweekly charts, but that pales in comparison to DOGE’s 133% gain over the same period. While it’s up by 42% on the biweekly charts, that pales in comparison to DOGE’s 133% gain over the same time period.
Dogecoin’s success is largely due to its association with Elon Musk, the President-elect.
Nevertheless, X Analysts such as The Shib Knight The following are some examples of how to get started: $SHIB MORAL Shiba Inu charts look strong and ready for a break out.
On the daily chart we can also see that $SHIB has recently achieved a Golden Cross as the 50-day SMA cross the 200-day SMA. This is an extremely bullish signal, especially since the last cross in July was a death-cross; the price fell substantially until the Golden Cross of the 12th.
SHIB’s price is likely to rise if Shiba Inu can hold the $0.0000023 level of support. Analyst Ibrahim AjibadeShiba inu can do it. “break above the upper Donchian Channel at $0.00003045” A bullish scenario may be in store.
Pepe Coin’s Bull Flag Pattern Indicates Potential Breakout
Pepe coin also has experienced impressive growth recently, with a 145% gain in just two weeks. This is partly due to an upcoming PEPE Coinbase list and a Tweet by Elon Musk.
Beincrypto analyst Pepe and Victor Olanrewaju are forming a pattern of a bull’s flag According to the chart for four hours, a breakout of $0.000025 or even $0.000041 is possible.
Pepe made a Golden Cross as well on the 13th. Moon5labs is Binance analyst Note that PEPE must break the psychological barrier of $0.00025 before traders can feel confident.
If that happens, then it is possible to get 10x the value of Pepe coin.
Recent IntoTheBlock data, however, shows a decline of 29% in large holder flows over the past seven days. A significant drop in the transaction volume between November 14-18, from more than 3,000 to only 660, suggests that investors are taking profits and waiting and watching.
Cutoshi’s Unique Selling Point A Blend Of Meme And Utility
Cutoshi is an upcoming presale project which, like Shiba Inu combines memes with DeFi abilities. The coin is a new one, but it has already gained traction, trending on X as well as going viral. It’s also close to raising $1,000,000 in presale funds. The token has only reached stage three of the ten-stage pre-sale. This means that $CUTO is still in its early stages. It is up 72% from when it went live.
Cutoshi is built on the Chinese Lucky Cat’s avatar and Satoshi Nakamoto’s principles. It’s a way to tap into the meme-hungry market, while also bringing DeFi technology to a wider audience.
Previous bull runs have seen ‘normies’ wade into meme coins such as Dogecoin, this cycle is likely to be similar. As the market matures people are looking for a better story.
Cutoshi’s position as an ecosystem for DeFi with its upcoming DEX cross-chain, utility-based nFTs, and Learning Portal, which educates people on DeFi’s benefits, may be exactly what new and experienced investors want.
To find out more about the Cutoshi Presale (CUTO), please visit:
https://cutoshi.com/
Join the community and become a member:
https://twitter.com/CutoshiToken
https://t.me/cutoshi
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