Often considered the original meme coin, Dogecoin is predicted to repeat its historic 15,000% rally. Its technical indicators remain bullish, displaying a historical pattern that hints at 8,600% potential gains. Any additional momentum will push its value towards the $10. This positive sentiment is fueled by growing adoption and community support.
Meanwhile, other promising tokens like Cutoshi (CUTO) and Cardano (ADA) could also breach the $1 milestone in the same period. Cutoshi, in particular, is gaining traction due to its innovative features, potential for exponential growth, and discounted presale promotions like the spooky savings events. This has positioned the project as a strong contender to compete with the DOGE token in the next bull run.
Cutoshi’s Meme Coin Appeal And DeFi Goals Set To Push Its Price To $1
Cutoshi is an emerging genre of meme projects aiming at redefining the meme coin market. Backed by its hybrid DeFi ecosystem, the project has significantly captured market attention in just its stage two presale, where the CUTO token is trading at $0.022. This reflects an over 46% surge from its starting price of $0.015.
The reason behind this success is the plans for the Cutoshi DEX, a decentralized multi-chain exchange that allows for easy asset swapping across different chains. Moreover, its soon-to-launch farming protocol will allow the Cutoshi community to enjoy an extra way of earning rewards by completing quests.
These features, coupled with the total supply capped at 440 million, could see Cutoshi witness significant demand, pushing its price to the $1 mark. With the second stage presale nearing completion with over 90% sold out, investors should anticipate further CUTO price rallies through its next presale stages.
Could Dogecoin Price Repeat Its 15,000% Historic Rally?
The price of Dogecoin has been signaling a familiar pattern from the 2021 price trajectory, sparking broader market speculation on whether history will repeat itself. During this period, the DOGE token rallied by 15,000%, drawing the market’s attention. Despite Dogecoin’s downturn, the token remains bullish as traders prepare to ride the next bull market. Following its previous signal, Dogecoin noted a two-month logarithmic moving average convergence divergence that had crossed bullish for the first time.
Additionally, Dogecoin has formed a golden cross on its weekly. The last golden cross in 2023 pumped DOGE’s price from $0.069 to $0.23, a 233% surge. If the same scenario were to repeat itself, the price of Dogecoin would reach $0.47. From Severino’s observation, drawing calculations from these two previous surges, it would mark an 8,600% increase.
Source: TradingView
This would put the price of DOGE around the $10 mark, with a potential market capitalization of around $1.466 trillion. Moreover, the average of the two phases, the token took to spike 4,300% and 12,000% in 213 days. This indicates that its candlestick had begun to form when the breakout happened. Therefore, the 8,600% DOGE rally will likely occur in 213 days, ending April 2025.
Cardano Price Crashes: Can ADA Price Reach $1 In 2025
While Cardano’s price has been underperforming amid the current relief rally, its supporters remain hopeful that the network’s upcoming developments will bolster its position. While the price of ADA is trading stably, it faces resistance around the $0.38 mark. The diagonal red line highlights a declining resistance over six months.
Source: TradingView
However, in the last three months, Cardano’s price has recorded multiple peaks around the $0.36 mark. This indicates that the altcoin may form a new resistance, with the bulls fighting off this zone to reach the next leg. Cardano’s relative strength index has been rising and is currently around the 58 mark, indicating investors are buying the token.
This buying pressure could challenge the new resistance, but if unexpected headwinds should occur, the ADA token has strong support around the $0.34 mark. A bullish market trend and ground-breaking network development could successfully pump the price of Cardano near the $1 mark.
Will Cutoshi Hit The $1 Mark Before Dogecoin?
Dogecoin price is looking to hit $1 with Donald Trump’s presidential win, but analysts believe it could reach $10 if history repeats itself. Cutoshi, on the other hand, has seen an impressive presale, pushing its price closer to the $1 mark. If such momentum continues, Cutoshi could make better gains than Dogecoin in the coming months.
For more information on the Cutoshi (CUTO) Presale:
https://cutoshi.com/
Join and become a community member:
https://twitter.com/CutoshiToken
https://t.me/cutoshi
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Source: https://cryptodaily.co.uk/2024/11/dogecoin-price-prediction-crypto-traders-suggest-doge-price-to-hit-1-after-us-elections-cardano-and-cutoshi-to-reach-1-first