As we reach the middle of Q4 2024, Ethereum-based tokens like POPCAT, PEPE, and newcomer Cutoshi are fueling the hype.
While POPCAT and PEPE are no strangers to big payouts, Cutoshi is the most recent meme coin to hit the scene. And that looks promising for explosive potential growth.
Popcat Bounces Back – Will It Hit $1.55 Again?
Coin mania is in full swing and POPCAT is making its way to the top. With a 14% rise in just two weeks and a 57% rise this month, investors are watching closely. Solana’s POPCAT now sits just 8% below its all-time high of $1.55, which it reached earlier in October.
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POPCAT’s market capitalization has crossed the $1 billion mark, now sitting comfortably at $1.3 billion. This is one of the top 10 meme pieces. As prices hold above key support levels, many believe we are setting up for another rally.
With technical indicators showing price surpassing both its 20-day EMA and 50-day SMA.
Pepe remains a popular choice among Meme Coin enthusiasts
Pepe (PEPE) isn’t going anywhere either. Ranked 29th in terms of market capitalization, this frog-themed meme coin has shown some resistance in 2024. 40% below its all-time high of $0.00001717, Pepe has avoided a full bearish decline, remaining strong at above crucial support levels.
October was a particularly optimistic month, with Pepe up 20% over the past month. Its performance since the start of the year represents a strong increase of 1,350%. In the absence of new tokens and periodic burns, Pepe’s deflationary model gives investors plenty of reasons to remain optimistic. As 2024 draws to a close, Pepe could be preparing for another push in the coin race.
Cutoshi: the DeFi Meme Coin ICO that tops all lists this year
While POPCAT and Pepe are close to their HUDs, Cutoshi attracts everyone’s attention. This new Ethereum-based meme coin combines all the fun of a meme token with the serious potential of DeFi. It has the charm of the Chinese lucky cat and is Satoshi Nakamoto’s own vision of blockchain. Cutoshi is one of a kind and its early stage ICO.
Cutoshi is a full-fledged DeFi platform backed by a multi-chain DEX that makes cross-chain transactions as smooth as butter. Traders can trade assets between blockchains without the usual headaches. Add to that Cutoshi Farming, where investors can earn rewards by completing quests.
Currently trading at just $0.022 in presale, Cutoshi’s price has already jumped 46%. Due to its deflationary model and its supply capped at only 440 million tokens, scarcity will increase the value of the token. The recent listing on CoinMarketCap has also amplified the buzz in the market.