Memecoins Shiba Inu, Dogecoin, Cutoshi emerge as best cryptos for huge returns in 2024

Shiba Inu and Dogecoin thrive with market caps of $17.28B and $10.88B, while Cutoshi gains traction ahead of Q4.

The most significant memecoins, Shiba Inu and Dogecoin have maintained bullish trends despite declining market optimism around meme coins. Notably, DOGE and SHIB’s market capitalizations have grown immensely, standing at $17.28 billion and $10.88 billion, respectively. 

Joining their rising momentum is a fast-selling presale star, Cutoshi (CUTO), which has experienced incredible buying interest. Experts believe that these meme coins will burst unequivocally in Q4.

Cutoshi expected to give 100x rally

Cutoshi will likely redefine the memecoin space as we know it. It introduces a meme-inspired token built on the foundation of decentralization to empower crypto enthusiasts’ involvement in DeFi. With the Lucky Cat Mascot, Cutoshi wants to tokenize good fortunes and bring them to the blockchain. This unique blend of a fun memecoin with serious DeFi tools has stirred the broader market, with investors flocking to its presale.

At the center of Cutoshi lies its multichain DEX, which will connect isolated blockchains and allow users to swap between assets. Its farming initiative will also offer substantial income to users who stake their CUTO tokens on the platform. Community members will complete tasks and missions to earn points. Interestingly, these points can be redeemed for more CUTO tokens, allowing early adopters to build significant CUTO positions before the official launch.

Cutoshi’s presale is expected to echo Shiba Inu and Dogecoin’s success. With the CUTO token selling at a low entry point of $0.015, it offers the perfect opportunity for investors to make maximum returns and join the winning side of the utility-driven meme token revolution.

Shiba Inu price surges amid bearish trends

Despite reduced market optimism around memecoins, the Shiba Inu token has maintained a notable weekly growth. Over the past week, the Shiba Inu coin has witnessed a 25% bounce in its price metrics. This reflects renewed interest and investor’s confidence in the future price value of the memecoin. 

Experts believe that the Shiba Inu memecoin has retained its relevancy over the years because of its development teams’ creativity. They have leveraged social media to inspire their community members, who are often referred to as the SHIB army. Moreover, the Shiba Inu network has also made upgrades and project launches that have triggered an uptick in the price of Shiba Inu. The SHIB burn rate, for example, has boosted the token price, helping it weather the storm of bearish markets.

Shiba Inu technical indicators suggest that the memecoin appears to have rebounded and even recorded notable price surges. Analysts hint at more breakout rallies for the meme token, suggesting that Shiba Inu’s price could reach $0.0001 by 2025. With this view, the SHIB token is among the best coins to buy and HODL for great returns.

Dogecoin price prediction: Could DOGE reach $1?

Over the past few weeks, the bullish sentiment in the broader market has set the Dogecoin token on a bullish stand, recording an 8% bounce on its weekly price metrics. Its technical indicators suggest that the price of Dogecoin has formed a falling wedge breakout rally, which triggered an upward pressure that pushed DOGE up to reclaim its $0.10 psychological mark.

The bullish trend peaked around the $0.13 region before retesting the 100 EMAs. Currently, the price of Dogecoin trades above its 100 EMAs and 200 EMAs. Notably, the Dogecoin’s price shows signs of retesting the $0.117 horizontal level. With a piercing candlestick formation, the Dogecoin token appears to be building bullish momentum as it continues to record higher lows.

Because of this, Dogecoin could continue its bullish trend, stretching its value to new highs. Experts believe the price of Dogecoin might reach $1 by the end of 2025— a reason why investors are adding this meme coin to their wallets.

Dogecoin Vs. Shiba Inu Vs. Cutoshi: Best short-term investment for massive returns

While Dogecoin and Shiba Inu show potential for growth, they may be less appealing to short-term investors. Cutoshi prices, on the other hand, are ready to explode. Its goal to enhance the involvement of crypto enthusiasts in DeFi will trigger adoption, potentially pumping its price to explosive heights.

For more information, visit the official CUTO website or join the community on X and Telegram.