Pepe (PEPE) is playing a protagonist role in meme season 2.0, boasting triple-digit gains for the month that led to a new all-time high. Judging by the current state of the market, Pepe’s rally is far from over and it could soon reach a new peak.
A newcomer in the meme coin space is also making waves in the underbelly of crypto Twitter. Cutoshi leverages a state-of-the-art DeFi ecosystem that complements its unique meme energy. These two factors combined could be the perfect recipe for a gem in the making.
Pepe Is Consolidating, $0.000019 Floor Is Unbreakable
After reaching a new top of $0.0000248, Pepe (PEPE) experienced a pullback after selling pressure intensified. Currently, Pepe sells for $0.000020 with a 4.3% intraday decrease and a 20% decline in volume, with about $3.72 billion worth of Pepe traded in the last 24 hours. Pepe is now in a cool-off phase as accumulation continues.
Crypto analyst Zaza, has pointed out on X that on the 4-hour chart, Pepe is forming a bull pennant pattern, which could lead to another massive surge in the upcoming weeks. If this momentum is sustained, Pepe could soon threaten Shiba Inu’s position as the second largest meme coin, as only $6 billion in valuation separates the two.
Moreover, just a few days ago, a golden cross appeared on the Pepe chart, as the 50-day moving average crossed above the 200-day MA. Historically, this pattern has always led to massive price surges, meaning that the next Pepe rally is just getting started.
Cutoshi Could Soon Lead A Utility-Driven Meme Revolution
By leveraging the meme coin narrative and a 360-degree DeFi experience, Cutoshi separates itself from other run-of-the-mill memes with its unique utility. Thousands of investors have already joined the viral presale of the $CUTO token and so far, over $900,000 has been raised in record time.
Cutoshi’s main feature is the Cuto DEX. This is a non-custodial, decentralized exchange that bridges the gap between isolated blockchains; users will be able to perform seamless swaps at just 0.25% in fees. 80% of these fees will be redirected toward liquidity providers for their role in sustaining the ecosystem. The remaining 20% of this amount will be used for buybacks and burns of the $CUTO token. This is significant as $CUTO is deflationary by design, meaning that regular token burns will continuously reduce the circulating supply, promoting sustainable, long-term growth.
Cutoshi draws inspiration from the Lucky Cats present in Japanese folklore. These cats are said to bring prosperity and wealth to the household and the business. Cutoshi makes legends come to life and brings good fortune to the blockchain and the community through the Cuto Farming reward system.
Users can already participate in special missions and events and help spread awareness about Cutoshi. Upon completion, they will receive CUTO points. These points can later be exchanged for $CUTO once the token launches.
Cutoshi believes that crypto should be accessible to everyone; for this reason, the Cutoshi Academy was created. This is an educational platform that wants to lend a helping hand to beginners and help them navigate the intricacies of the crypto world. This is where newcomers will learn the basics of DeFi, portfolio management and trading while having fun and engaging with the rapidly growing Cutoshi community.
Stage 3 of the presale is live and $CUTO tokens are selling for just $0.0259. This is the perfect entry point for investors who want to make the most of the upcoming utility-driven meme revolution.
For more information on the Cutoshi (CUTO) Presale:
Join and become a community member:
https://twitter.com/CutoshiToken
https://t.me/cutoshi
This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article
Source: https://bravenewcoin.com/insights/can-pepe-coin-reach-new-ath-crypto-traders-also-buying-trending-erc20-token-ready-to-breakout